REA Holdings says to seek shareholder approval to raise authorised share capital (R.E.A.Hldgs)

Date : 04/25/2008 @ 9:50AM
Source : TFN
Stock : R.E.A.Hldgs (RE.)
Quote : 240.0  0.0 (0.00%) @ 8:29AM
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REA Holdings says to seek shareholder approval to raise authorised share capital (R.E.A.Hldgs)

        LONDON (Thomson Financial) - R.E.A. Holdings Plc. said it will seek
shareholder approval to raise its authorised share capital by 3 million pounds
by creating an additional 3 million 9 percent cumulative preference shares at
its annual general meeting on June 6.
    On April 22, REA said it would likely require further funding if high levels
of extension planting are achieved.

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rda/ejp

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