Oberon Investments - Proposed Capital Reduction and Notice of GM
03/02/2025 07:00
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250203:nRSC5497Va&default-theme=true
RNS Number : 5497V Oberon Investments Group PLC 03 February 2025
Oberon Investments Group PLC
("Oberon Investments" or the "Company")
Proposed Capital Reduction and Notice of General Meeting
Oberon Investments Group plc announces that the Company will be holding a
General Meeting ("GM") at 6 Duke Street, 2nd Floor, London, United Kingdom,
SW1Y 6BN at 2.00 p.m. on 18 February 2025.
The Notice of AGM has today been posted to Shareholders and will be available
to view shortly on the Company's website at: www.oberoninvestments.com
(http://www.oberoninvestments.com) .
At the GM, a special resolution (the "Resolution") will be proposed seeking
the approval of shareholders to a capital reduction (the "Capital Reduction").
The Board is recommending the Capital Reduction to create distributable
reserves which (i) would enable the Company to buy back shares as and when
necessary or desirable in future, and (ii) could potentially be returned to
the shareholders in future by way of dividend or used for other valid
corporate purposes.
The completion of the Capital Reduction will not affect the rights attaching
to the ordinary shares of 0.5p each in the Company ("Ordinary Shares") and
will not result in any change to the number of Ordinary Shares in issue nor
the nominal value of the Ordinary Shares. Shareholders should note that unless
the Resolution is approved at the General Meeting and the High Court confirms
the Capital Reduction, the Capital Reduction will not take place.
This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended).
The Directors of the Company take responsibility for this announcement.
Oberon Investments Group Plc
Simon McGivern / Marcia Manarin
Via Novum
AQSE Corporate Adviser
Novum Securities Limited
Richard Potts / George Duxberry 020 7399 9400
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NEXPKDBBFBKDFDN