Evocutis PLC - Result of General Meeting
RNS Number : 5569R
Evocutis PLC
12 September 2014
 



Evocutis Plc

("Evocutis" or the "Company")

 

Result of General Meeting

 

Evocutis Plc announces that, at the General Meeting held earlier today, all resolutions were duly passed.

 

Accordingly, the Capital Reorganisation, resulting in each of the Company's Existing Ordinary Shares being subdivided into one New Ordinary Share of 0.01p and one Deferred Share of 0.99p, will take place at 5pm on 12 September 2014.  The remainder of the Proposals, being the Subscription to raise £210,000 before expenses by means of a subscription for 175,000,000 New Ordinary Shares at 0.12p per share and the adoption of a New Investing Policy under AIM Rule 15, become unconditional in all respects upon Admission of the New Ordinary Share Capital to trading on AIM, for which application has been made and is expected to occur at 8am 15 September 2014.

 The Subscription Shares, when issued and fully paid, will rank equally in all respects with the New Ordinary Shares.

On and subject to Admission, Gwyn Humphreys, Darren Bamforth and Mike Townend will resign from the Board and David Lenigas and Donald Strang will be appointed to the Board.   Following Admission, the New Board will consist of:  David Lenigas as Executive Chairman, Donald Strang as an executive director and Tom Bannatyne as a non-executive director.  Further information on David Lenigas and Donald Strang is set out below.

All of the defined terms in this announcement have the same meaning as in the circular published by the Company and sent to shareholders on 28 August 2014, a copy of which is available at the Company's website, www.evocutis.com.

Change of Registered Office

The Company has, with immediate effect, changed its registered office address to Suite 3B, 38 Jermyn Street, London, SW1Y 6DN.

Total Voting Rights

For the purposes of the Disclosure and Transparency Rules, the total number of voting rights in the Company with effect from 15 September 2014 will be 349,675,828. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

Evocutis plc

 

Tom Bannatyne, Chairman

+44 (0)20 7064 0330

 

www.evocutis.com

Cairn Financial Advisers LLP

 

James Caithie/Carolyn Sansom

+44(0) 20 7148 7900

 

www.cairnfin.com

 

The following information is disclosed pursuant to Rule 17 and schedule 2(g) of the AIM Rules for Companies:

David Anthony Lenigas (Executive Chairman), aged 53

Mr. Lenigas has extensive experience operating in global public markets having served in a senior executive capacity on many public company boards. He is currently the Chairman of Rare Earth Minerals Plc, Solo Oil Plc, UK Oil & Gas Investments Plc and on the board of various other AIM companies. He has also served as Executive Chairman of London listed Lonrho plc for six years up to September 2012 and was responsible for Lonrho plc's expansion into over 20 countries in Africa in sectors covering agriculture, infrastructure, hotels, IT and aviation.

Mr. Lenigas has an interest in 67.5 million shares in the Company, which represents 19.3% of the issued share capital.

David Lenigas holds or has held the following directorships and/or partnerships in the last 5 years:

Current

 

Past

Solo Oil plc (formerly Immersion Technologies International plc)

 

Galleon Resources Limited (formerly AfriAg Limited/ Buchanist Limited)

Active Resource Realisation Fund

 

Solo Oil (Argentina) Limited

Rare Earth Minerals Plc (formerly Zest Group Plc)

 

Swissta Holdings Limited

Rare Earth Resources Limited

 

Templar Minerals Limited

Solo Oil International Limited

 

River Diamonds UK Limited

Stellar Resources Plc

 

Vatukoula Gold Mines plc (formerly River Diamonds plc)

Central African Investments Plc

 

Leni Gas & Oil Plc

Horse Hill Developments Limited

 

Our Forgotten Children Limited

AfriAg Plc  (formerly 3D Resources Plc)

 

670 Plc

REM Mexico Limited

 

Lonrho Limited (Formerly Lonrho Plc)

Inspirit Energy Holdings Plc

 

Lonrho Africa (Holdings) Limited

Leni Trinidad Ltd

 

Strenner Holdings Limited

Compania Petrolifera de Sedano S.L.

 

Lonrho Springs Limited

UK Oil & Gas Investments plc

 

Lonrho Air (BVI) Limited

 

 

Lonrho Ports Limited

 

 

Lucapa Diamond Company Ltd (formerly Lonrho Mining Limited)

 

 

Lonzim Management Limited

 


Zimbabwean Investments Ltd

 

 

Oceanfresh Seafoods (UK) Limited

 


Lonrho Resources Ltd

 


Lonrho Finance Ltd

 


Lontel Ltd

 

 

Lonrho Water Limited

 

 

Five Forty Aviation Limited

 

 

Blueberry International Services Limited

 

 

Wardlaw (1989) Limited

 

 

Le Har (Pvt) Limited

 

 

Rex Mining (Pvt) Limited

 

 

Peak Mines (Pvt) Limited

 

 

Gardoserve (Pvt) Limited

 

 

Celsys Limited

 

 

LonZim plc

 

 

Lonrho Aviation (BVI) Limited

 

 

Lonrho Air (2) (BVI) Limited

 

 

Five Forty Africa (BVI) Limited

 

 

Lonrho Air Africa (BVI) Limited

 

 

Fresh Direct Limited

 

 

ForgetMeNot Africa Limited

 

 

Lonrho Oil (Malawi) Limited

 

 

Lonrho Infrastructure (BVI) Limited

 

 

Complete Enterprise Solutions Limited

 

 

Vatukoula Gold Pty Ltd (formerly Westech Gold Pty Ltd)

 

 

Vatukoula Finance Pty Ltd (formerly Westech Finance Pty Ltd)

 

 

Lonrho Hotels Congo (BVI) Limited

 

 

Vatukoula Gold Mines Ltd

 

 

Jubilee Mining Ltd

 

 

Koula Mining Ltd

 

 

Indit Technology Distribution (Pty) Limited

 

 

Complete Enterprise Solutions (Pty) Limited

 

 

Lonzim Agribusiness (BVI) Limited

 

 

Lonzim Agribusiness (BVI) Limited

 

 

Quickvest 525 (Pty) Limited

 

 

Lonzim Air (BVI) Limited

 

 

Aldeamento Turistico de Macuti, SARL

 

 

Byron Energy Pty Ltd

 

 

Lonrho Hotels Management Services (BVI) Limited

 

 

Vatukoula Australia Pty Ltd (formerly Westech Australia Pty Ltd)

 

 

Lonrho Air Three (BVI) Limited

 

 

Southern African Management Services

 

 

Paynet Limited

 

 

African Solutions Limited

 

 

Lonrho Agriculture Angola Limited

 

 

Rollex (Pvt) Limited

 

 

Rollex (Pty) Limited

 

 

e-Kwikbuild SA (Pty) Limited

 

 

Lonrho Management Services Limited

 

 

Medalspot (Pvt) Limited

 

 

Blueberry Print (Zambia) Limited

 

 

Morningdale Properties (Pvt) Limited

 

 

Lanuarna Enterprises (Pvt) Limited

 

 

LonZim Hotels Limited

 

 

Celsys Zambia Limited

 

 

WS Foods (Pty) Ltd

 

 

Linus Business Options P/L

 

 

Firstfood Enterprises P/L

 

 

Chenyakwaremba Farm P/L

 

 

Leopard Rock Hotel Company (Pvt) Ltd

 

 

Lyons Africa Holdings Limited

 

 

Millchem Holdings Limited (formerly Lonzim Properties Limited)

 

 

Lonzim Holdings Limited

 

 

Micobe Property Development Limited

 

 

Lonrho Zimbabwe Management Services (Pvt) Limited

 

 

Lonrho Africa Management Services (Zimbabwe) Ltd

 

 

Lonrho Africa Motor Sales Limited

 

 

Lonrho Properties Zimbabwe (Pvt) Ltd

 

 

Lonrho Auto Distributors Limited

 

 

Sindu Properties (Private) Limited

 

 

One Hundred & Seventeen Baines Avenue (Private) Ltd

 

 

Textile Investment Company Limited

 

 

Sol Aviation Company Limited

 

 

Lonrho Jersey Limited

 

 

Norse Air Limited

 

 

South African Independent Liners Services (Pty) Limited

 

 

Lonrho Africa Holdings BV

 

 

Lonrho Springs BV

 

 

Lonrho Air BV

 

 

Lonrho Ports BV

 

 

Lonrho Africa Hotels BV

 

 

Lonrho Hotels BV

 

 

Lonrho Hotels Mozambique BV

 


Lonrho Africa Agribusiness BV

 


Lonrho Africa Distributors BV

 


Lonrho Africa Food Processing BV

 


Lonrho Africa Motors BV

 


Lonrho Distributors BV

 


Lonrho Motors BV

 


Lonrho Springs BV

 


Reef Resources Ltd

 

 

Lonrho Agribusiness Limited

 

 

Laytons Offshore Limited

 

 

Lonrho Equipment Limited

 

 

Mozambique Machines Limited

 

 

Crop Harvest Limited

 

 

Oceanfresh Seafoods (Pty) Limited

 

 

Cultivate Harvest Limited

 

 

LAH Jersey Limited

 


RET Services Limited

 


Rare Earth Resources Limited

 

 

Protea Seafoods

 

 

Zest Songs Limited

 

 

Reggae Tunes Limited

 

 

Zest Music Limited

 

 

Zest Entertainments Limited

 

 

Hotel Accommodation Limited

 

 

Afex Holdings Limited.

 

 

Lonrho Water Limited

 

 

Africa Expeditions Limited

 

 

Africa Expeditions TZ Limited

 

 

Africa Expeditions Uganda Limited

 

 

Best In Tents Limited

 

 

Global Horizons Limited

 

 

Lonrho Hotels Limited

 

 

LAH Mozambique Hotels Limited

 

 

DRC Hotels Limited

 

 

Lonrho Ports & Infrastructure Limited

 

 

Lonrho Infrastructure Limited

 

 

Lonrho Ports Limited

 

 

LAH Jersey 2 Limited

 

 

Fish On Line (Pty) Limited

 

 

Lonrho Support Services Limited (formerly Lonrho Holdings Limited)

 

 

Lonrho Integrated Support Services Limited

 

 

Lonrho Hotels (Holdings) Limited

 

 

Lonrho Budget Hotels Limited

 

 

Lonrho IT Limited

 

 

LAH Jersey 3 Limited

 

 

Lonrho Transport Limited

 

 

Lonrho Logistics (Pty) Limited

 

 

Luba Freeport Limited

 

 

Lonrho South Africa (Pty) Limited

 

 

Lonrho Management South Africa (Pty) Limited

 

 

Lonrho Projects South Africa (Pty) Limited

 

 

Lonrho Projects Consulting (Pty) Limited

 

 

Lonrho Projects Agri (Pty) Limited

 

 

Lonrho Energy (Pty) Limited

 

 

Lonrho Securitec (Pty) Limited

 

 

Lonrho Amathonga Hotels (Pty) Limited

 

 

Swissta Mozambique Lda

 

 

Sociedade Comercial Bytes & Pieces Limitada

 

 

FastJet Plc

 

 

Cambria Africa plc

 

 

Tanzania Machines Limited

 

 

Tanzania Harvest Limited

 

 

Lonrho Ports Ghana Limited

 

 

Lonrho Ghana Ports Limited

 

 

LonAgro (SS) Limited

 

 

Benson Global Trading Limited

 

 

Lon Agro Tanzania Limited

 

 

Yuagong (Pty) Limited

 

 

Lonrho Hotels Nigeria Limited

 

 

Lonrho Hotels DRC Limited

 

 

Lonrho Hotels SA Limited

 

 

Lonrho Hotels Ghana Limited

 

 

Lonrho Hotels Kenya Limited

 

 

Lanitrim (Pty) Limited

 

 

Caropix (Pty) Limited

 

 

Lonrho Investments Limited (formerly Lonrho African (investments) Ltd)

 

 

Lonrho Fresh Ltd

 

 

Lonrho Food Supply Chain Management Ltd

 

 

Lonrho Infra One UK Ltd

 

 

Lonrho Market Expansion Services Ltd

 

 

Polemos Plc

 

David Lenigas was a director of SA Independent Liner Services Pty Ltd ("SAILS") when it was placed into liquidation on 15 October 2008. SAILS was a subsidiary within the Lonrho Plc group of companies ("Lonrho Group"). A unanimous board resolution placed SAILS into Liquidation, the Lonrho Group being the major creditor, with the liquidated business being shown as a discontinued activity in the historic financial statements of the Lonrho Group.

David Lenigas was a director of Norse Air Limited ("Norse") which was placed into liquidation on 20 December 2010. At the point of liquidation Norse was a wholly-owned subsidiary within the Lonrho Group and was placed into liquidation by a unanimous board resolution of Norse, with this business being shown as a discontinued activity in the historic financial statements of Lonrho Group.

There is no further information on David Lenigas which is required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for Companies.

 

Donald Ian George Layman Strang (Executive Director), aged 46

Mr. Strang is a member of the Australian Institute of Chartered Accountants and has been in business over 20 years, holding senior financial and management positions in both publicly listed and private enterprises in Australia, Europe and Africa. Mr. Strang has considerable corporate and international expertise and over the past decade has focused on mining and exploration activities in the oil and gas and natural resources sectors. He is currently a director of a number of AIM listed companies including Rare Earth Minerals Plc, Polemos Plc, UK Oil & Gas Investments Plc and Doriemus Plc.

Mr. Strang has an interest in 10 million shares in the Company, representing 2.86% of the issued share capital.

Donald Strang holds or has held the following directorships and/or partnerships in the last 5 years:

Current

 

Past

Stellar Resources Plc

 

Leni Gas & Oil plc

Polemos Plc

 

Compania de Sedano Ltd

AfriAg Plc  (formerly 3D Resources Plc)

 

Leni Trinidad Ltd

Doreimus plc

 

Lonhro plc

Rare Earth Minerals plc

 

CSS Stellar plc

Octagonal plc

 

 

UK Oil & Gas Investments plc

 

 

 

There is no further information on Donald Strang which is required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for Companies.


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