DGAP-News: Haldane McCall Plc: Haldane McCall PLC announced share split
(firmenpresse) - DGAP-News: Haldane McCall Plc / Key word(s): Strategic Company
Decision/Miscellaneous
Haldane McCall Plc: Haldane McCall PLC announced share split
30.08.2012 / 12:00
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Press Release
Haldane McCall PLC announced share split
Haldane McCall PLC, a European Company investing in emerging markets
Africa, today reports its decision to undertake a share split.
Haldane McCall PLC's Board of Directors has pass the Resolution dated 23rd
August, 2012 for all the common and preferred shares in the Company, in
both certificated and electronic form to undergo a 2.5: 1 share split. This
will leave a maximum of 56,670,436 common shares and 400,000 preferred
shares on issue. Current shareholders will continue to hold shares in
proportion to their current holdings. The resolution was passed in order
for the nominal value of each share to be increased to EUR1 (EUR) as the
company is now applying to upgrade from the First Quotation Board of the
Frankfurt Stock Exchange, to Entry Standard.
The above changes will be implemented in September 2012. The exact date for
the consolidation will be released shortly, but no less than ten business
days prior to the consolidation. The Public is asked to exercised caution
in the shares of this company during the share split.
ABOUT HMK
Haldane McCall PLC is a European Company investing in emerging markets,
primarily in Africa. HMK invests in real estate in the low cost housing
segment in West Africa. The Group also operates the Best Western hotel
brand in West Africa. The Company owns Best Western hotels and controls
several other hotels via franchise licensing in Nigeria. HMK operates its
own Suru Express hotels in West Africa. HMK has dedicated subsidiaries for
real estate (Suru Homes Ltd.) and dedicated financial services (Independent
Prolific Micro Finance Bank Ltd.), providing a full package, from financing
to sale, to the lower income population in Africa. In addition HMK invests
in real estate and hotels in selected European metropolises.
Please send enquiries to: info(at)haldanemccallplc.com or
Visit our website: www.haldanemccallplc.com
Disclaimer: The statements contained herein are forward-looking statements
that are subject to risks and uncertainties that could cause actual results
to differ materially from those expressed in the forward- looking
statements, including, but not limited to, certain delays beyond the
company's control with respect to market acceptance of new technologies or
products [Perhaps needs to be adjusted for a Real Estate company], delays
in testing and evaluation of products, and other risks detailed from time
to time [this, perhaps could be tailored to the subject matter of this
announcement].
End of Corporate News
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183522 30.08.2012
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Datum: 30.08.2012 - 12:00 Uhr
Sprache: Deutsch
News-ID 179021
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