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LONDON - Caledonian Holdings plc (AIM:CHP), an AIM-quoted investing company focused on the financial services market, announced Wednesday that all resolutions were approved at its General Meeting held earlier in the day.
The company has applied to the London Stock Exchange (LON:LSEG) for admission of 21,420,000,000 Conditional Placing Shares to trading on AIM, with trading expected to commence on August 7, 2025.
Additionally, Caledonian Holdings issued 14,999,999,999 Warrants to subscribe for new Ordinary Shares at a price of 0.0075 pence per share. These Warrants will be exercisable for two years from the admission date, with subscribers in the Placing receiving one Warrant for every two Placing Shares subscribed.
Following admission, the company’s issued share capital will consist of 97,470,695,253 Ordinary Shares with one vote per share. This figure may be used by shareholders as the denominator for calculations to determine if there is a requirement to notify an interest in the company’s share capital under FCA disclosure rules.
The resolutions approved at the meeting included the authority to allot equity securities related to the Placing and Share Swap, which received 94.25% approval, and the disapplication of pre-emption rights in respect of these allotments, which received 94.24% approval.
Shareholders also approved a general authority to allot shares for additional equity issues with 93.00% support and the disapplication of pre-emption rights for cash allotments with 92.98% support.
This information is based on a press release statement issued by the company.
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