Lombard Capital PLC - Notice of AGM PR Newswire

LOMBARD CAPITAL PLC

("Lombard" or the "Company")

Notice of AGM

Lombard announces that notice has been sent to shareholders of the Company on 19 November 2019 convening an annual general meeting ("AGM") of the Company to be held at 10.30am on 12 December 2019 at Middletons Hotel, Skeldergate, York, North Yorkshire, YO1 6DS for the following purposes:

ORDINARY BUSINESS

As ordinary resolutions

  1. To receive and adopt the statement of accounts for the year ended 31 March
     2019, together with the reports of the Directors and the auditors thereon.

  2. To re-appoint Jeffreys Henry LLP, as auditors of the Company and to
     authorise the Directors to fix their remuneration.

  3. That Brent Fitzpatrick, 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

     As an Ordinary Resolution

  4. That in accordance with Section 551 of the Companies Act 2006, the
     Directors be generally and unconditionally authorised to allot shares in
     the Company or grant rights to subscribe for or to convert any security
     into shares in the Company ("Rights") up to an aggregate nominal amount of
     £70,000 provided that this authority shall, unless renewed, varied or
     revoked by the Company, expire on the earlier of the conclusion of the
     Annual General Meeting of the Company to be held in 2020 or the date
     falling eighteen months after the passing of this Resolution save that the
     Company may, before such expiry, make an offer or agreement which would or
     might require shares to be allotted or Rights to be granted and the
     Directors may allot shares or grant Rights in pursuance of such offer or
     agreement notwithstanding that the authority conferred by this Resolution
     has expired.

     This authority is in substitution for all previous authorities conferred on
     the Directors in accordance with Section 551 of the Companies Act 2006, but
     without prejudice to any allotment of shares or grant of Rights already
     made or offered or agreed to be made pursuant to such authorities.

     As a Special Resolution

  5. That, the Directors be and they are hereby empowered (in substitution for
     and to the exclusion of any other existing powers save to the extent that
     the same have been previously exercised) pursuant to Section 570 of the
     Companies Act 2006 to allot equity securities (within the meaning of
     Section 560 of the Companies Act 2006) of the Company for cash pursuant to
     the authority conferred on them by Resolution 4 and to allot relevant
     securities as if Section 561(1) of the Companies Act 2006 did not apply to
     any such allotment, provided that the disapplication of the statutory
     pre-emption rights is limited to:

       1. subject to the Resolution 5 being passed, up to an aggregate nominal
          amount of £10,000 in respect of Ordinary Shares which may be issued,
          in respect of which Rights may be granted to employees and officers of
          the company and its subsidiaries; and

       2. up to an aggregate nominal amount of £60,000 in respect of Ordinary
          Shares which may be issued or in respect of which Rights may be
          granted otherwise than by way of rights issue in accordance with the
          statutory pre-emption rights.

          As a Special Resolution

  6. That in accordance with Section 551 of the Companies Act 2006 the Directors
     be authorised to grant rights to subscribe for shares in the Company under
     warrants previously granted by the Company in respect of up to 7,685,000
     Ordinary Shares of the Company for which the exercise period is to be
     extended until 31 September 2021 (“the Extended Warrants”) for an aggregate
     nominal amount of up to £7,685 and the Directors are empowered to allot
     shares in the Company pursuant to the authority so granted as if Section
     561(1) of the Companies Act 2006 did not apply to any such allotment of
     shares under Extended Warrants.The authority and power granted by this
     resolution will expire on 31 September 2021.

     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