Capital Oil Plc to hold its EGM on 26th of July, 2018

Proshare

Friday, June 29, 2018 01:40PM /NSE

 

Notice is hereby given that an extraordinary general meeting of the shareholders of capital oil Plc. will be held at Dover hotel, No. 14 Aromire Street, off Allen Avenue, Ikeja, Lagos on the 26th day of July, 2018 at 10:00 am prompt for the purpose of transacting the following businesses: 

Agenda 

Special Business:

1.       Opening Prayer

2.      To consider, if thought fit, pass and ratify the following resolutions as Special

 

Resolutions of the Company: 

·         To modify the following ordinary resolution of the Company passed by the Shareholders at the Annual General Meeting of the Company dated 14th December 2016:”That the 3,384,400,000.00 (Three Billion Three Hundred and Eighty Four Million, Pour Hundred Thousand) unalloted/or treasury ordinary shares be sold to willing and interested investors subject to the approval of the appropriate regulatory authorities” by substituting same with the following Resolution:

·         That 6,000,000,000.00 (six billion) unalloted/or treasury ordinary shares be sold to willing and interested investors by private placement subject to the approval of the appropriate regulatory authorities"

·         That the offer of the 6,000,000,000.00 (six billion) unalloted/or treasury ordinary shares made by the Board of Directors to willing and interested investors subject to the approval of the appropriate regulatory authorities be and is hereby ratified.

·         That Pinnacle Oil and Gas Limited be accepted as a willing and interested investor for the acquisition of the said 6,000,000,000.00 (six billion) ordinary shares.

·         That the 1ok per share offer made by Pinnacle Oil and Gas Limited amounting to N600,000,000 be accepted by the Company and its Shareholders.

3.      Any Other Business.

4.      Closing Prayer.

 

Related News 

1.         CAPOIL Declares N160.78m Loss in 2017 Audited Results,(SP:N0.40k)

2.        CAPOIL Declares N84.36 mln Loss in Q3''17 Results,(SP:N0.50k)

3.         CAPOIL Declares N340.25 mln Loss in 2016 Audited Results,(SP:N0.50k)

4.        CAPOIL Declares N43.49 mln Loss in Q3'16 Results,(SP:N0.50k)

5.        CAPOIL Releases Q1 and Q2 2016 Results; Declares N6.53 mln Loss in Q2,(SP:N0.50k)

6.        CAPOIL Releases Q2, Q3 amd Q4'15 Results; Declares N61.85 mln Loss in Q4,(SP:N0.50k)

7.        CAPOIL Declares N26.06 mln Loss in Q1'15 Results ,(SP:N0.50k)

8.       CAPOIL Declares N131.16 mln Loss in 2014 Audited Result ,(SP:N0.50

READ MORE:
Related News
SCROLL TO TOP