Further information re share consolidation
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your CTL notes
Further to the Notice of AGM announcement on 30 October 2024 CleanTech Lithium confirms that subject to the passing of relevant resolutions at the Company's Annual General Meeting ("AGM") to be held on 26 November 2024 at 11:00AM GMT, every two existing ordinary shares of £0.01 each will be consolidated into one new ordinary share of £0.02 (the "New Ordinary Shares").
The ISIN for the New Ordinary Shares will be JE00BTJ01443 and the SEDOL for the New Ordinary Shares will be BTJ0144.
The detailed reasons for and background to the resolutions are set out in a Circular which contains the notice of AGM available on the Company's website https://ctlithium.com/investors/circulars-documents/.
EXPECTED TIMETABLE OF PRINCIPAL EVENTS
2024
| Publication of the Circular and the Form of Proxy | 30 October |
| Latest time and date for receipt of Forms of Proxy and CREST voting instructions | 11.00 a.m. on 24 November |
| Time and date of the Annual General Meeting | 11.00 a.m. on 26 November |
| Result of Annual General Meeting announced | 26 November |
| Record Date in respect of the Share Consolidation | 6.00 p.m. on 26 November |
| Admission expected to become effective and dealings expected to commence in the New Ordinary Shares on AIM | 8.00 a.m. on 27 November |
| Where applicable, expected date for CREST accounts to be credited in respect of New Ordinary Shares in uncertificated form | 27 November |
| Where applicable, expected date for despatch of definitive certificates for New Ordinary Shares in certificated form | 3 December |
| ADMISSION STATISTICS | |
| Number of Existing Ordinary Shares | 167,889,592 |
| Consolidation ratio of Existing Ordinary Shares to New Ordinary Shares | 2:1 |
| Nominal value of a New Ordinary Share following the Share Consolidation | £0.02 |
| Number of Existing Ordinary Shares in issue as at the Share Consolidation Record Date | 167,889,592 |
| Number of New Ordinary Shares in issue immediately following the Share Consolidation | 83,944,796 |
| Current ordinary share ISIN | JE00BPCP3Z37 |
| New Ordinary Share ISIN | JE00BTJ01443 |
| Current warrant ISIN | JE00BLFDJM55 |
| New warrant ISIN | JE00BS0CHP56 |
Notes
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.