W&G Investments PLC Publication of Circular (1634T)
November 15 2013 - 7:31AM
UK Regulatory
TIDMWGI
RNS Number : 1634T
W&G Investments PLC
15 November 2013
W&G Investments plc (the 'Company')
15 November 2013
Publication of Circular
The Company has today published a circular to shareholders
convening a general meeting, to consider resolutions, inter alia,
in relation to recommended proposals for (i) the proposed return of
cash to the Company's shareholders through a solvent members'
voluntaryliquidation, (ii) the cancellation of the ordinary shares
of the Company from admission to trading on AIM and, (iii) the
change of name of the Company (the "Circular"). The Circular is
accompanied by a form of proxy.
Expected timetable
Announcement of general meeting and dispatch 15 November 2013
of notice of general meeting
Latest time and date for receipt of forms 2.00 p.m.
of proxy for the general meeting
12 December 2013
Suspension of dealings in the ordinary shares 8.00 a.m.
of the Company
16 December 2013
General meeting 2.00 p.m.
16 December 2013
Register closes and date for shareholder 6.00 p.m.
entitlement in respect of the liquidation
recorded
16 December 2013
Cancellation of admission to trading of the 7.00 a.m.
ordinary shares of the Company from AIM
17 December 2013
Payment of initial cash distribution via Week commencing
CREST 27 January 2014
Payment of final cash distribution (subject Week commencing
to tax clearances) by cheque only* 24 March 2014
*Payment of the final cash distribution is dependent upon
(1) the agreement and settlement of any creditor claims submitted
to the liquidators, following the advertisement of the notice
to creditors to submit claims and (2) the receipt by the liquidators
of the necessary statutory clearances, including those requested
by HM Revenue and Customs (HMRC). A letter has been sent to
HMRC requesting confirmation that no corporation tax computations
are required but as at the date of this circular a response
has yet to be received. If HMRC requires computations to be
prepared, payment of the final cash distribution may need
to be deferred until such time as HMRC has confirmed that
it will not be raising any enquiries in relation to these
computations and has no claims against the company for corporation
tax
References to times are to London time
The above time and/or dates may be subject to change and,
in the event of such change, the revised times and/or dates
will be notified to shareholders by a Regulatory Information
Service announcement
Enquiries:
W&G Investments PLC +44 (0) 1992 644 909
Andrew Higginson (Non-Executive Chairman)
Canaccord Genuity Limited +44 (0) 20 7523 8350
Charles Williams (Advisory)
Bruce Garrow (Corporate Broking)
Peter Stewart (Corporate Broking)
Baden Hill +44 (0) 20 7448 4719
Matthew Wakefield
Maitland (PR advisers) +44 (0) 20 7379 5151
Neil Bennett
Andy Donald
This information is provided by RNS
The company news service from the London Stock Exchange
END
CIRNKPDBBBDDDDD
W&G Invest. (LSE:WGI)
Historical Stock Chart
From Apr 2024 to May 2024
W&G Invest. (LSE:WGI)
Historical Stock Chart
From May 2023 to May 2024