RNS Number:1224U
Press Corporation
09 May 2008
PRESS CORPORATION LIMITED
REG. NO. 2395
NOTICE IS HEREBY GIVEN THAT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY WILL
BE HELD AT THE NATIONAL BANK OF MALAWI TRAINING COLLEGE AUDITORIUM, ALONG
CHIKWAWA ROAD, BLANTYRE ON TUESDAY 03 JUNE 2008 STARTING FROM 15:00 HOURS AT
WHICH THE FOLLOWING SPECIAL BUSINESS WILL BE TRANSACTED:
1. To consider and if thought fit, pass the following Special
Resolution:
"THAT the Board of Directors of the Company be and is hereby authorised to make
a renounceable Rights Offer of 10,021,318 ordinary shares of a nominal value of
1(One) Tambala each in the Company's share capital, to existing shareholders of
the Company's ordinary shares at the subscription price to be in the ratio of 1
(One) new ordinary share for every 11(Eleven) ordinary shares already held by
shareholders in the Company at the close of business on the Record Date, save
that in the event of one shareholder not exercising any right of renunciation or
declining any offer, the Board of Directors may dispose of such shares in such
manner as they think most beneficial to the Company and the Board of Directors
is hereby authorised to take all appropriate actions to implement this
resolution."
By order of the Board
C J EVANS
COMPANY SECRETARY
Dated this 9th Day of May 2008
NOTES
1. A member entitled to attend and vote at a meeting is entitled to
appoint a proxy (or proxies) to vote on its/his/her behalf. A proxy need not be
a member of the company.
2. The instrument appointing a proxy and the power of attorney or other
authority, if any, under which it is signed, or notarially certified copy of
that power of attorney, shall be deposited at the Company Secretary's office not
less than forty-eight hours before the time appointed for holding the meeting.
The instrument appointing a proxy shall be in the form attached hereto or a form
as near thereto as circumstances admit.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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