News Oil & Gas

Reabold shareholders reject move to replace directors

Reabold Resources plc’s shareholders today voted against proposals to remove and replace the company’s board of directors. DISTRACTION Pershing Nominees Ltd, on behalf of several beneficial shareholders, requisitioned the general meeting with 11 resolutions. Each resolution received between 20.11 and 21.40% of votes in favour, and between 78.60 and 79.89% against. Reabold previously told its […]

News Oil & Gas

Reabold warns of shares suspension under new directors

Reabold Resources plc warned it could be suspended from trading if shareholders approved proposed board directors without completion of due diligence. NOMAD Pershing Nominees Ltd requisitioned a general meeting, set for 10 January, on behalf of several beneficial shareholders for resolutions to remove and replace Reabold directors. Reabold added that its nominated advisor Strand Hanson […]

News Oil & Gas

Reabold requisitioned meeting set for January 2024

Reabold Resources plc’s shareholders will vote whether to remove and replace the board members at a requisitioned general meeting on 10 January 2024. Pershing Nominees Ltd, which owns approximately 7.79% of the company’s issued share capital on behalf of 13 beneficial shareholders, requested the meeting.

News Oil & Gas

Reabold receives new requisition notice for general meeting

Reabold Resources plc has received a new requisition notice from Pershing Nominees Ltd for a general meeting to replace the entire board with new directors. The oil and gas investor said yesterday that the notice, dated 15 November 2023, was delivered to its registered office by courier on 21 November 2023 after 5pm and by […]

Legal News Oil & Gas

Reabold requests valid resolutions to requisition general meeting

Reabold Resources plc said that last week’s notice to requisition a general meeting was invalid because of “material deficiencies” under section 303 of the Companies Act 2006. ACTIONS Pershing Nominees Ltd, which owns a total 7.84% representing 13 beneficial owners, called for shareholders to vote on, among other matters, the removal of Reabold’s co-chief executive […]

Company Moves News Oil & Gas

Reabold receives requisition notice for general meeting

Reabold Resources plc has received a requisition notice from Pershing Nominees Ltd for a general meeting to replace the oil and gas company’s directors. CONTROL The move, on behalf of 13 shareholders representing a total 7.84%, contains ordinary resolutions that Kamran Sattar, Andrea Cattaneo, Francesca Yardley and Chris Connolly be appointed directors of Reabold. Further resolutions […]