SulNOx Group PLC - Receipt of Requisition of GM and Issue of Equity
RNS Number : 7397X
SulNOx Group PLC
02 September 2020
 

02 September 2020

SulNOx Group Plc (the "Company" or "SulNOx")

Receipt of Requisition of General Meeting and

 Issue of Equity

(Aquis Stock Exchange: SNOX)

Issue of Equity

SulNOx announces the issue of 18,750 ordinary shares of 2p each ("Ordinary Shares") to satisfy an outstanding consultancy fee.

Application has been made for the admission of the 18,750 new Ordinary Shares of 2p each ("New Ordinary Shares"). It is expected that dealings in these New Ordinary Shares, which will rank pari passu in all respects with the existing Ordinary Shares of the Company, will commence on 7 September 2020.

Total Voting Rights

Following admission and for the purposes of the Disclosure Guidance and Transparency Rules, the Company's total issued share capital will consist of 85,382,843 Ordinary Shares. Shareholders may use this figure 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 issued share capital of the Company.

Receipt of Requisition of General Meeting

SulNOx announces that it received on 27 August 2020 a written request from one of its shareholders, stated to be a members' requisition of a General Meeting ("GM") of the Company under section 303 of the Companies Act 2006 (the "Act").  The Company's lawyers are currently reviewing the validity of this requisition request and further announcements will be made by the Company in due course following this review.

If the requisition has been validly made in accordance with the Act, a further announcement will be made by the Company relating to the calling of a general meeting and a circular to shareholders and notice of GM would be prepared.

Enquiries:

SulNOx Group Plc

Nicholas Nelson, Chief Executive

 

sulnox@flagstaffcomms.com

 

Media and Investors:

Flagstaff Strategic and Investor Communications

Tim Thompson / Fergus Mellon

 

sulnox@flagstaffcomms.com

020 7129 1474

 

Aquis Stock Exchange Corporate Adviser:

Allenby Capital Limited

John Depasquale / James Hornigold

 

 020 3328 5656

 

The directors take responsibility for this announcement.

About SulNOx Group Plc

SulNOx, www.sulnoxgroup.com , has developed a hydrocarbon fuels conditioning and emulsifying process which enables more efficient fuel combustion, potentially leading to reduced fuel consumption and significantly lowered emissions.

 

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