CleanTech Lithium PLC Announces Notice of AGM
CleanTech Lithium PLC announces its Annual General Meeting scheduled for November 26, 2024, at 11:00AM GMT in St Helier, Jersey. The Board proposes key changes including share authority renewals for ASX Listing, articles of association amendments, and a share consolidation where two existing £0.01 ordinary shares will be consolidated into one £0.02 ordinary share to meet ASX listing requirements. The Directors unanimously recommend shareholders vote in favor of these resolutions, with management holding 13,141,932 shares (7.83% of existing share capital) supporting the proposals. Trading in the New Ordinary Shares on AIM is expected to commence on November 27, 2024.
CleanTech Lithium PLC annuncia la sua Assemblea Generale Annuale fissata per il 26 novembre 2024, alle 11:00 GMT a St Helier, Jersey. Il Consiglio propone modifiche chiave tra cui il rinnovo dell'autorizzazione alle azioni per la quotazione ASX, modifiche allo statuto, e una consolidazione delle azioni dove due azioni ordinarie esistenti da £0.01 saranno consolidate in una azione ordinaria da £0.02 per soddisfare i requisiti di quotazione ASX. I Direttori raccomandano all'unanimità agli azionisti di votare a favore di queste risoluzioni, con la direzione che detiene 13.141.932 azioni (7,83% del capitale azionario esistente) a sostegno delle proposte. Si prevede che il trading delle Nuove Azioni Ordinarie su AIM inizi il 27 novembre 2024.
CleanTech Lithium PLC anuncia su Junta General Anual, programada para el 26 de noviembre de 2024, a las 11:00 AM GMT en St Helier, Jersey. La Junta propone cambios clave que incluyen renovaciones de autoridad de acciones para la cotización en ASX, enmiendas a los estatutos y una consolidación de acciones donde dos acciones ordinarias existentes de £0.01 se consolidarán en una acción ordinaria de £0.02 para cumplir con los requisitos de cotización de ASX. Los Directores recomiendan de manera unánime a los accionistas que voten a favor de estas resoluciones, con la dirección poseyendo 13.141.932 acciones (7.83% del capital social existente) apoyando las propuestas. Se espera que la negociación de las Nuevas Acciones Ordinarias en AIM comience el 27 de noviembre de 2024.
클린테크 리튬 PLC는 2024년 11월 26일 오전 11시 GMT에 저지주 세인트 헬리어에서 예정된 연례 총회를 발표했습니다. 이사회는 ASX 상장을 위한 주식 권한 갱신, 정관 변경, 그리고 두 개의 기존 £0.01 보통주를 한 개의 £0.02 보통주로 통합하는 주식 통합을 포함한 주요 변화를 제안합니다. 이사회는 주주들이 이러한 결의안에 찬성표를 던질 것을 만장일치로 권장하며, 경영진은 13,141,932주 (기존 주식 자본의 7.83%)를 보유하고 이 제안을 지지하고 있습니다. AIM에서 새로운 보통주의 거래는 2024년 11월 27일에 시작될 것으로 예상됩니다.
CleanTech Lithium PLC annonce sa réunion générale annuelle prévue pour le 26 novembre 2024 à 11h00 GMT à St Helier, Jersey. Le conseil propose des changements clés, notamment le renouvellement des droits d'actions pour l'inscription ASX, des modifications des statuts, et une consolidation des actions, où deux actions ordinaires existantes de £0,01 seront consolidées en une action ordinaire de £0,02 pour répondre aux exigences d'inscription de l'ASX. Les Directeurs recommandent à l'unanimité aux actionnaires de voter en faveur de ces résolutions, la direction détenant 13 141 932 actions (7,83 % du capital social existant) soutenant les propositions. Le trading des nouvelles actions ordinaires sur AIM devrait commencer le 27 novembre 2024.
CleanTech Lithium PLC kündigt seine jährliche Hauptversammlung an, die für den 26. November 2024 um 11:00 Uhr GMT in St Helier, Jersey, geplant ist. Der Vorstand schlägt wesentliche Änderungen vor, darunter Erneuerung der Aktienbefugnis für die ASX-Notierung, Änderungen der Satzung und eine Aktienkonsolidierung, bei der zwei bestehende Stammaktien im Wert von £0,01 zu einer Stammaktie im Wert von £0,02 zusammengelegt werden, um die Anforderungen der ASX-Notierung zu erfüllen. Die Direktoren empfehlen einstimmig den Aktionären, diesen Beschlüssen zuzustimmen, wobei das Management 13.141.932 Aktien (7,83 % des bestehenden Grundkapitals) unterstützt. Der Handel mit den neuen Stammaktien auf AIM wird voraussichtlich am 27. November 2024 beginnen.
- Management alignment with shareholders demonstrated by 7.83% ownership stake
- Strategic move towards ASX listing expanding market access
- None.
CleanTech Lithium PLC Notice of Annual General Meeting
JERSEY, UK / ACCESSWIRE / October 30, 2024 / CleanTech Lithium PLC (AIM:CTL)(Frankfurt:T2N)(OTCQX:CTLHF) ("CleanTech Lithium" or the "Company"), an exploration and development company advancing sustainable lithium projects in Chile, will hold its Annual General Meeting ("AGM") at the offices of the Company at de Carteret House, 7 Castle Street, St Helier JE2 3BT on 26 November 2024 at 11:00AM GMT.
As well as the normal business conducted at the AGM, the Board is proposing to:
renew the share authorities previously granted in connection with the ASX Listing;
amend the articles of association in connection with the ASX Listing; and
consolidate the Company's ordinary share capital so that every two existing Ordinary Shares of £0.01 each are consolidated into one Ordinary Shares of £0.02 each (the "New Ordinary Shares") to meet ASX listing requirements.
The detailed reasons for and background to the resolutions are set out in a Circular which contains the notice of AGM. The Circular will shortly be available on the Company's website https://ctlithium.com/investors/circulars-documents/. A letter notifying Shareholders of the availability of the Circular on the Company's website will be dispatched to Shareholders later today.
Recommendation
The Directors consider all of the proposals to be considered at the AGM (including the share consolidation) to be in the best interests of the Company and its Shareholders as a whole and accordingly unanimously recommend that Shareholders vote in favour of the resolutions to be proposed at the AGM, as they together with senior management intend to do in respect of their aggregate holdings of 13,141,932 existing Ordinary Shares representing 7.83 per cent. of the Company's existing share capital.
EXPECTED TIMETABLE OF PRINCIPAL EVENTS
| 2024 | |||
Publication of the Circular and the Form of Proxy | 30 October | |||
Latest time and date for receipt of Forms of Proxy and CREST voting instructions | 11.00 a.m. on 24 November | |||
Time and date of the Annual General Meeting | 11.00 a.m. on 26 November | |||
Result of Annual General Meeting announced | 26 November | |||
Record Date in respect of the Share Consolidation | 6.00 p.m. on 26 November | |||
Admission expected to become effective and dealings expected to commence in the New Ordinary Shares on AIM | 8.00 a.m. on 27 November | |||
Where applicable, expected date for CREST accounts to be credited in respect of New Ordinary Shares in uncertificated form | 27 November | |||
Where applicable, expected date for despatch of definitive certificates for New Ordinary Shares in certificated form | 3 December | |||
For further information contact: |
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CleanTech Lithium PLC |
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Steve Kesler/Gordon Stein/Nick Baxter | Jersey office: +44 (0) 1534 668 321 Chile office: +562-32239222 |
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Celicourt Communications Felicity Winkles/Philip Dennis/Ali AlQahtani | +44 (0) 20 7770 6424 |
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Beaumont Cornish Limited (Nominated Adviser) Roland Cornish/Asia Szusciak | +44 (0) 20 7628 3396 |
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Fox-Davies Capital Limited (Joint Broker) Daniel Fox-Davies | +44 (0) 20 3884 8450 |
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Canaccord Genuity (Joint Broker) James Asensio | +44 (0) 20 7523 4680 |
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Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.
Notes
CleanTech Lithium (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF) is an exploration and development company advancing lithium projects in Chile for the clean energy transition. Committed to net-zero, CleanTech Lithium's mission is to become a new supplier of battery grade lithium using Direct Lithium Extraction technology powered by renewable energy.
CleanTech Lithium has two key lithium projects in Chile, Laguna Verde and Viento Andino, and exploration stage projects in Llamara and Arenas Blancas (Salar de Atacama), located in the lithium triangle, a leading centre for battery grade lithium production. The two most advanced projects: Laguna Verde and Viento Andino are situated within basins controlled by the Company, which affords significant potential development and operational advantages. All four projects have good access to existing infrastructure.
CleanTech Lithium is committed to utilising Direct Lithium Extraction with reinjection of spent brine resulting in no aquifer depletion. Direct Lithium Extraction is a transformative technology which removes lithium from brine with higher recoveries, short development lead times and no extensive evaporation pond construction. www.ctlithium.com
**ENDS**
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SOURCE: CleanTech Lithium plc
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