|
Gledhow Investments plc (GDH)
Gledhow Investments plc: Withdrawal of General Meeting Resolutions and Amendment to previously announced CLNs
23-Jul-2025 / 07:00 GMT/BST
23 July 2025
Gledhow Investments plc
(“Gledhow” or the “Company”)
Withdrawal of General Meeting Resolutions
Amendment to previously announced CLNs
The Company announces that ahead of the General Meeting to be held today at 10.30 a.m., the directors have withdrawn the resolutions. The General Meeting will be held in the normal course.
The withdrawal of the Resolutions does not affect the validity of the Notice of General Meeting, the proxy form or any proxy votes already submitted in respect of the General Meeting.
Accordingly, the nominal value of the Company’s Ordinary Shares will not be changed, the nominal value will remain as £0.01 per share, and the directors retain the share authorities granted to them at the Company’s last AGM held in April 2025.
The Company is also pleased to announce that further to the announcement of 21 May 2025, the Company has agreed with P3 Capital Limited and P4 Capital Limited (the “Vendors”), to increase the conversion price of the convertible loan notes (“CLNs”) from the previously announced conversion price of £0.00425, to an increased price of £0.01 per share, and hence the withdrawal of resolutions one and three.
The amended terms allow the CLNs to now convert into:
|
Vendor
|
Ordinary shares prior to Acquisition
|
Ordinary Shares following issue of the Treasury Shares
|
% Issued Share Capital following issue of the Treasury Shares
|
No. of shares following conversion of CLNs
|
% Enlarged Issued Share Capital following conversion of CLNs
|
|
P3 Capital Limited
|
6,061,902
|
11,036,444
|
11.31%
|
43,205,575
|
31.43%
|
|
P4 Capital Limited
|
6,061,902
|
11,036,444
|
11.31%
|
18,757,213
|
13.65%
|
All other terms of the CLNs remain unchanged, as announced on 21 May 2025.
The directors of the issuer accept responsibility for the contents of this announcement.
For further information please contact:
Guy Miller gm@gledhowinvestments.com (Gledhow Investments plc)
Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
|
|
|
| ISIN: |
GB0008842717 |
| Category Code: |
MSCM |
| TIDM: |
GDH |
| Sequence No.: |
396666 |
| EQS News ID: |
2173296 |
| |
| End of Announcement |
EQS News Service |
Gledhow Investments plc (GDH)
Gledhow Investments plc: Withdrawal of General Meeting Resolutions and Amendment to previously announced CLNs
23-Jul-2025 / 07:00 GMT/BST
23 July 2025
Gledhow Investments plc
(“Gledhow” or the “Company”)
Withdrawal of General Meeting Resolutions
Amendment to previously announced CLNs
The Company announces that ahead of the General Meeting to be held today at 10.30 a.m., the directors have withdrawn the resolutions. The General Meeting will be held in the normal course.
The withdrawal of the Resolutions does not affect the validity of the Notice of General Meeting, the proxy form or any proxy votes already submitted in respect of the General Meeting.
Accordingly, the nominal value of the Company’s Ordinary Shares will not be changed, the nominal value will remain as £0.01 per share, and the directors retain the share authorities granted to them at the Company’s last AGM held in April 2025.
The Company is also pleased to announce that further to the announcement of 21 May 2025, the Company has agreed with P3 Capital Limited and P4 Capital Limited (the “Vendors”), to increase the conversion price of the convertible loan notes (“CLNs”) from the previously announced conversion price of £0.00425, to an increased price of £0.01 per share, and hence the withdrawal of resolutions one and three.
The amended terms allow the CLNs to now convert into:
Vendor
|
Ordinary shares prior to Acquisition
|
Ordinary Shares following issue of the Treasury Shares
|
% Issued Share Capital following issue of the Treasury Shares
|
No. of shares following conversion of CLNs
|
% Enlarged Issued Share Capital following conversion of CLNs
|
P3 Capital Limited
|
6,061,902
|
11,036,444
|
11.31%
|
43,205,575
|
31.43%
|
P4 Capital Limited
|
6,061,902
|
11,036,444
|
11.31%
|
18,757,213
|
13.65%
|
All other terms of the CLNs remain unchanged, as announced on 21 May 2025.
The directors of the issuer accept responsibility for the contents of this announcement.
For further information please contact:
Guy Miller gm@gledhowinvestments.com (Gledhow Investments plc)
Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
|
|
| | ISIN: |
GB0008842717 |
| Category Code: |
MSCM |
| TIDM: |
GDH |
| Sequence No.: |
396666 |
| EQS News ID: |
2173296 |
| |
| End of Announcement |
EQS News Service |
![\"\"](\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2173296&application_name=news&site_id=symex~~~af100301-a623-4c64-8f3d-90fc88eca9e6\")
|