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DJ Lombard Capital PLC Notice of AGM

 
TIDMLCAP 
 
LOMBARD CAPITAL PLC 
("Lombard" or the "Company") 
 
Notice of AGM 
 
Lombard announces that notice has been sent to shareholders of the Company on 
15 November 2018 convening an annual general meeting ("AGM") of the Company to 
be held at 11.00am on 10 December 2018 at Middletons Hotel, Skeldergate, York, 
North Yorkshire, YO1 6DS for the following purposes: 
 
Ordinary Business 
 
1.         To receive and adopt the statement of accounts for the year ended 31 
March 2018, together with the reports of the Directors and the auditors 
thereon. The Company annual accounts can be found at: http:// 
www.lombardcapitalplc.com/results 
 
2.         To re-appoint Jeffreys Henry LLP, as auditors of the Company and to 
authorise the Directors to fix their remuneration. 
 
3.         That David Grierson, a Director retiring by rotation in accordance 
with the Articles of Association of the Company, be and is hereby re-elected as 
a Director of the Company. 
 
Special Business 
 
4.         To authorise the Directors pursuant to section 551 of the Companies 
Act 2006 
 
The Act requires that the authority of the Directors to allot shares in the 
Company or grant rights to subscribe for or to convert any security into shares 
in the Company should be subject to the approval of Shareholders in general 
meeting or to an authority set out in the Company's Articles of Association. 
 
Resolution 4 will be proposed at the AGM, as an ordinary resolution to 
authorise the Directors to allot unissued shares of the Company up to a total 
nominal value of GBP70,000. This authority will expire at the next annual general 
meeting or, if later, eighteen months after the passing of the resolution. 
 
5.         To disapply the statutory pre-emption rights under section 561 of 
the Companies Act 2006 
 
The Act requires that any equity securities issued wholly or partly for cash 
must be offered to existing Shareholders in proportion to their existing 
holdings unless otherwise approved by Shareholders in general meeting or 
accepted under the Company's articles of association. Accordingly, a special 
resolution (this resolution 5) will be proposed at the AGM, subject to the 
passing of resolution 4, to vary the Directors' authority to allot equity 
securities for cash other than on a pro rata basis. 
 
The disapplication of statutory pre-emption rights is to be subject to 
limitations.  In the case of shares to be issued or in respect of which options 
and other rights may be granted to employees and officers of the Group, the 
number of Ordinary Shares that may be allotted without invoking the statutory 
pre-emption rights is to be up to an aggregate nominal amount of GBP10,000, i.e. 
up to 10,000,000 Ordinary Shares. In the case of shares to be issued or for 
which rights might be granted for placings and other issues, the shares that 
may be allotted without being offered by way of rights to existing shareholders 
under the statutory pre?emption rights is to be up to an aggregate nominal 
amount of GBP60,000 which would provide for up to 60,000,000 new Ordinary Shares. 
This authority will expire on the date falling eighteen months after the 
passing of this resolution or the date of the annual general meeting to be held 
in 2019, whichever is the earlier. 
 
The directors of Lombard Capital Plc accept responsibility for this 
announcement. 
 
For further information please contact: 
 
Brent Fitzpatrick 
Tel:  07718 883813 
 
NEX Corporate Adviser: 
Alfred Henry Corporate Finance Limited 
Nick Michaels:  020 3772 0021 
 
 
 
END 
 

(END) Dow Jones Newswires

November 16, 2018 02:00 ET (07:00 GMT)