Saffron Energy PLC (AIM:SRON) PVE publishes Prospectus and Notice of GM

Po Valley Energy Limited publishes Prospectus and Notice of General Meeting

Saffron, the pan Euro Asian gas explorer to be renamed Coro Energy plc, announces that Po Valley Energy Limited (“PVE”) has published a prospectus and notice of general meeting in relation to its proposed capital reduction as referred to in the Company’s Supplementary AIM Admission Document published on 7 March 2018. PVE currently holds 100 million Saffron ordinary shares of 0.1 pence each (“Saffron Shares”) and proposes to distribute 80 million Saffron Shares to shareholders of PVE by way of a capital reduction (the “Capital Reduction”). The Capital Reduction is conditional on shareholder approval by PVE shareholders at the PVE General Meeting to be held on 23 April 2018.

Shareholders can view the PVE prospectus and notice of general meeting at https://www.asx.com.au/asx/share-price-research/company/PVE 

 





Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned
Stockmarket News
Share Talk
Share via
Copy link
Malcare WordPress Security