Neos Resources PLC Update (2859X)
February 06 2013 - 9:30AM
UK Regulatory
TIDMNEOS
RNS Number : 2859X
Neos Resources PLC
06 February 2013
NEOS Resources plc ("NEOS")
Update
Further to the announcement made on 30 January 2013 the
Directors have continued to review the financial position of the
company and have taken professional advice as necessary.
The Board has now agreed that it will seek an orderly
realisation of NEOS' assets and settlement of its liabilities with
a view to preserving as much cash as possible for shareholders.
The Board previously announced that it will be issuing a
circular to shareholders convening a General Meeting to approve the
proposed cancellation of the admission of NEOS' ordinary shares of
1p each to trading on AIM ("Cancellation"). It is expected that
this circular will be posted shortly and due to the delay in
posting the circular the intended cancellation date of 28 February
2013 will be amended to a later date falling not less than five
business days following approval of the Cancellation by
shareholders.
Steven Rudofsky, Executive Chairman, and Graham Woolfman,
Non-Executive Director, have notified the Board that they intend to
resign as Directors of NEOS on the date of the General Meeting to
be held for shareholders to approve Cancellation.
NEOS Resources plc +44 (0) 20 7499 5626
Steven Rudofsky - Executive
Chairman
finnCap Ltd +44 (0) 20 7220 0500
Stuart Andrews
Christopher Raggett
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTLLFFSFDIRIIV
Neos Resources (LSE:NEOS)
Historical Stock Chart
From May 2024 to Jun 2024
Neos Resources (LSE:NEOS)
Historical Stock Chart
From Jun 2023 to Jun 2024