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DJ Tengri Resources Result of General Meeting

TIDMTEN

RNS Number : 2093Q

Tengri Resources

25 November 2016

Tengri Resources

("Tengri" or "the Company")

Result of General Meeting

Tengri Resources (AIM: TEN) announces that at its General Meeting held earlier today, all resolutions were duly passed. Accordingly, each of the 113,918,497 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") will be subdivided into and re-designated as 113,918,497 ordinary shares of 0.1p each and 113,918,497 deferred shares of 4.9p each ("Deferred Shares"), subject to the existing Articles of Association.

The Deferred Shares will have no significant rights attaching to them and carry no right to vote or participate in distribution of surplus assets.

The effective time and date of the sub-division of the Ordinary Shares will be 8.00am on 28 November 2016.

These resolutions also included approval of changing the name of the company to Forbes Ventures. The change of name will become effective once the General Registry of the Cayman Islands has issued a change of name certificate which is expected to take place in due course. A further announcement will be made when the name change has become effective.

Existing share certificates will remain valid following the completion of the share division and change of name.

ENDS

For further information, please contact:

 
 Tengri Resources 
 Peter Moss                             +44 20 3301 9346 
 finnCap Ltd (Nomad) 
 Christopher Raggett / Grant Bergman    +44 20 7220 0500 
 Peterhouse Corporate Finance 
  Limited (Broker) 
 Heena Karani                           +44 20 7469 0936 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 25, 2016 08:25 ET (13:25 GMT)