Trafalgar Property Group PLC Result of General Meeting (9053H)
27 Marzo 2020 - 01:32PM
UK Regulatory
TIDMTRAF
RNS Number : 9053H
Trafalgar Property Group PLC
27 March 2020
DEFINED TERMS USED BUT NOT DEFINED IN THIS ANNOUNCEMENT HAVE THE
MEANINGS SET OUT IN THE TRAFALGAR PROPERTY GROUP PLC ANNOUNCEMENT
RELEASED ON 11 MARCH 2020
TRAFALGAR PROPERTY GROUP PLC
("Trafalgar", the "Company" or the "Group")
Result of General Meeting
Result of GM
Trafalgar (AIM: TRAF), the property development operations
company with a strategy to add an additional hydroponics business
division, is pleased to announce that, at the General Meeting held
earlier today, all resolutions were passed.
As a result, the Company is pleased to confirm that there will
be an increase in the authorities to allot shares by a further
GBP2,000,000 in nominal amount (2,000,000,000 ordinary shares of
0.1p), and a disapplication to statutory pre-emption rights in
respect of the allotment for cash by a further GBP2,000,000 in
nominal amount (2,000,000,000 ordinary shares of 0.1p). Including
the existing authorities to allot shares, these authorities will
represent approximately 430% of the Existing Share Capital.
Enquiries:
Trafalgar Property Group Plc
James Dubois +44 (0) 1732 700 000
Spark Advisory Partners Ltd -AIM Nominated
Adviser
Matt Davis +44 (0) 20 3368 3550
Peterhouse Capital Limited - Broker
Duncan Vasey/Lucy Williams +44 (0) 20 7409 0930
Notes to Editors:
Trafalgar Property Group Plc is the holding company of Trafalgar
New Homes Limited, a residential property developer operating in
the southeast of England and Trafalgar Retirement + Limited, a
property developer in the assisted living and extra care for the
elderly sector. The founders have a long track record of developing
new and refurbished homes, principally in Kent.
The Company's focus is on the select acquisition of land for
residential property development. The Company outsources all
development activities, for example the obtaining of planning
permission, design and construction, and uses fixed price build
contracts, enabling it to tightly control its development and
overhead costs.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
ROMFLFFFVAIDFII
(END) Dow Jones Newswires
March 27, 2020 08:32 ET (12:32 GMT)
Grafico Azioni Trafalgar Property (LSE:TRAF)
Storico
Da Feb 2024 a Mar 2024
Grafico Azioni Trafalgar Property (LSE:TRAF)
Storico
Da Mar 2023 a Mar 2024