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DJ Valiant Investments Plc Notice of AGM

 
TIDMVALP 
 
VALIANT INVESTMENTS PLC 
                         ("Valiant" or the "Company") 
 
                                 Notice of AGM 
 
 
Valiant Investments plc announces that notice convening the Company's Annual 
General Meeting to be held at Ely Cathedral Conference Centre, Palace Green, 
Ely, Cambridgeshire, CB7 4EW on 8 September 2017 at 12:00 p.m., has been posted 
to shareholders. 
 
The Directors of Valiant Investments accept responsibility for the contents of 
this announcement. 
 
                                     -END- 
 
ENQUIRIES: 
 
Company 
Valiant Investments plc 
Conrad Windham 
Telephone: 01366 500722 
 
Corporate Adviser 
Peterhouse Corporate Finance Limited 
Guy Miller and Mark Anwyl 
Telephone: 020 7220 9796 
 
A summary of the resolutions to be proposed at the Annual General Meeting is 
set out below: 
 
As Ordinary Business 
 
1         To receive and consider the Company's audited accounts for the year 
ended 30th November 2016 and the directors' and auditors' reports thereon. 
 
2         To re-elect Edward Taylor, who is retiring by rotation, as a Director 
of the Company. 
 
3         To re-appoint Price Bailey LLP as auditor and authorise the directors 
to fix the auditor's remuneration. 
 
As Special Business 
 
To consider and if thought fit to pass the following Resolutions which will be 
proposed as Ordinary Resolutions: 
 
Ordinary Resolutions 
 
4         That the Directors be generally and unconditionally authorised to 
allot equity securities (as defined in section 560 of the Companies Act 2006): 
 
        4.1       in the case of ordinary shares in the Company, having a 
nominal amount; and 
 
        4.2       in the case of other equity securities, giving the right to 
subscribe for or convert into ordinary shares in the Company having a nominal 
amount, 
 
not exceeding, in aggregate, GBP500,000 provided that the power granted by this 
resolution shall expire on the conclusion of the Company's next annual general 
meeting (unless renewed, varied or revoked by the Company prior to or on such 
date) save that the Company may, before such expiry, make offers or agreements 
which would or might require equity securities to be allotted after such expiry 
and the Directors may allot equity securities in pursuance of any such offer or 
agreement notwithstanding that the power conferred by this resolution has 
expired. 
 
This resolution revokes and replaces all unexercised authorities previously 
granted to the Directors to allot equity securities but without prejudice to 
any allotment of shares or grant of rights already made, offered or agreed to 
be made pursuant to such authorities. 
 
5         That Conrad Windham, a director of the Company, be and is hereby 
authorised, pursuant to article 112 of the Company's articles of association 
(the "Articles"), to attend and vote at any meeting of the directors of the 
Company on any resolution to consider and/or approve the grant to him of 
25,000,000 options to subscribe for ordinary shares of 0.1p each in the capital 
of the Company, exercisable at any time up to 31 December 2027 at an exercise 
price of 0.3p per ordinary share, and that any prohibition on the Directors 
attending or counting towards the quorum at any such meeting or voting on any 
such resolution (whether contained in the Articles or elsewhere) be suspended. 
 
6         That Edward Taylor, a director of the Company, be and is hereby 
authorised, pursuant to article 112 of the Articles, to attend and vote at any 
meeting of the directors of the Company on any resolution to consider and/or 
approve the grant to him of 10,000,000 options to subscribe for ordinary shares 
of 0.1p each in the capital of the Company, exercisable at any time up to 31 
December 2027 at an exercise price of 0.3p per ordinary share, and that any 
prohibition on the Directors attending or counting towards the quorum at any 
such meeting or voting on any such resolution (whether contained in the 
Articles or elsewhere) be suspended. 
 
To consider and if thought fit to pass the following Resolution which will be 
proposed as a Special Resolution: 
 
Special Resolution 
 
7         That, subject to the passing of resolution 4, the Directors be given 
the general power to allot equity securities (as defined by section 560 of the 
Companies Act 2006) for cash, either pursuant to the authority conferred by 
resolution 4 or by way of a sale of treasury shares, as if section 561(1) of 
the Companies Act 2006 did not apply to any such allotment, provided that this 
power shall be limited to the allotment of equity securities having: 
 
        7.1       in the case of ordinary shares in the Company, having a 
nominal amount; and 
 
        7.2       in the case of other equity securities, giving the right to 
subscribe for or convert into ordinary shares in the Company having a nominal 
amount, 
 
not exceeding, in aggregate, GBP500,000 provided that the power granted by this 
resolution shall expire on the conclusion of the Company's next annual general 
meeting (unless renewed, varied or revoked by the Company prior to or on such 
date) save that the Company may, before such expiry, make offers or agreements 
which would or might require equity securities to be allotted after such expiry 
and the Directors may allot equity securities in pursuance of any such offer or 
agreement notwithstanding that the power conferred by this resolution has 
expired. 
 
 
 
END 
 

(END) Dow Jones Newswires

August 11, 2017 09:42 ET (13:42 GMT)