Advantage Capital Holdings Plc announces that the Extraordinary General Meeting held on August 24, 2010 at 12.00 pm at the Company’s Head Office, 1 Andrea Haliou, Engomi approved the following special resolution:
“That the authorized share capital of the Company, which amounts to €103,360,000.00 divided into 152,000,000 ordinary shares of nominal value €0.68 each and the issued share capital, which amounts to €78,339,005.6 divided into 115,204,420 ordinary shares of nominal value 0.68 each be reduced to €15,200,000 divided into 152,000,000 ordinary shares of nominal value €0.10 each (authorized) and €11,520,442 divided into 115,204,420 ordinary shares of nominal value €0.10 each (issued) since the sum of €0.58 per issued and fully paid ordinary share, that is, €66,818,563.60, due to losses, is not represented by the assets available and after the reduction, the authorized share capital be increased to €103,360,000 divided into 1,033,600,000 ordinary shares of nominal value €0.10 each”.
“That the authorized share capital of the Company, which amounts to €103,360,000.00 divided into 152,000,000 ordinary shares of nominal value €0.68 each and the issued share capital, which amounts to €78,339,005.6 divided into 115,204,420 ordinary shares of nominal value 0.68 each be reduced to €15,200,000 divided into 152,000,000 ordinary shares of nominal value €0.10 each (authorized) and €11,520,442 divided into 115,204,420 ordinary shares of nominal value €0.10 each (issued) since the sum of €0.58 per issued and fully paid ordinary share, that is, €66,818,563.60, due to losses, is not represented by the assets available and after the reduction, the authorized share capital be increased to €103,360,000 divided into 1,033,600,000 ordinary shares of nominal value €0.10 each”.
Tuesday, 31 August, 2010 - 18:31