REG - Solgenics Limited - Notice of GM

SolgenicsAnnouncement

10/05/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230510:nRSJ8625Ya&default-theme=true

RNS Number : 8625Y  Solgenics Limited  10 May 2023

 

News Release

 

 

Notice of General Meeting

 

10 May 2023: Solgenics Limited ("Solgenics" or the "Company") (AIM:SGN), the
African power development company focused on renewable energy solutions,
announces that, further to the announcement on 3 May 2023, it will today
publish and post a Shareholder circular (the "Circular") containing, amongst
other things, further details of the proposed cancellation of the Company's
ordinary shares from admission to trading on AIM and the associated
resolutions to be proposed at a general meeting of the Company (the "General
Meeting").  The General Meeting will be held at the offices of Simmons &
Simmons LLP at CityPoint, One Ropemaker Street, London, EC2Y 9SS at 10.00 a.m.
on 26 May 2023.

 

At the General Meeting, the Company is seeking shareholder approval to cancel
the admission of Ordinary Shares to trading on AIM and if the cancellation is
approved to amend the Company's Articles of Association.

 

A copy of a shareholder circular will shortly be available for viewing on the
Company's website at http://www.solgenics.com/investors
(http://www.solgenics.com/investors) .

 

Enquiries

For further information please visit www.solgenics.com
(http://www.solgenics.com) or contact:

 Solgenics:                 Hanno Pengilly                                 +27 (0) 71 362 3566
 Liberum Capital Limited:   Scott Mathieson, Edward Thomas, Kane Collings  +44 (0) 20 3100 2000

NOMAD & Joint Broker

 Novum Securities Limited   Colin Rowbury                                  +44 (0) 20 7399 9427

 Joint Broker
                            Elizabeth Johnson                              +44 (0) 777 56 55 927

 Pimlico Advisory Ltd

 Investor Relations

 

About Solgenics

Solgenics is an African renewable energy development company focused on the
development of a 300MW solar PV plus BESS renewable energy in the Tete
Province in northern Mozambique (the "Tete Solar Project").

It is the intention that the Tete Solar Project will connect to the Mozambique
grid with target power offtakers in Mozambique and the Southern African Power
Pool ("SAPP").

The Tete Solar Project takes full advantage of Mozambique's leading
sustainable energy resources and is fully aligned with Government's objective
to become a champion for energy transition impacting all Southern Africa.

On 3 May 2023, Solgenics announced that it will shortly be posting a circular
to shareholders (in connection with a proposal for the cancellation of
admission of the ordinary shares of no par value in the Company ("Ordinary
Shares") to trading on AIM (the "Cancellation"), pursuant to Rule 41 of the
AIM Rules for Companies. Accordingly, if the resolution to approve the
cancellation is approved by shareholders, the last day of dealings in the
Ordinary Shares on AIM is expected to be 6 June 2023, and the Cancellation is
expected to become effective at 7.00 a.m. on 7 June 2023.

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  NOGEAESNEDSDEAA