We have sent an email to all members as we ballot members ahead of next week’s EGM by the Club.
The EGM is being held on 6th October, with just one resolution:
THAT, in accordance with section 551 of the Companies Act 2006, the directors of the Company (Directors) be generally and unconditionally authorised to allot shares in the Company up to an aggregate nominal amount of £198,521.50 (397,043 shares) provided that –
a) this authority shall, unless renewed, varied or revoked by the Company, expire at not less than 5 years from the date this resolution is passed; and
b) all shares allotted pursuant to the authorisation hereby conferred shall be so allotted at no less than £2 per share.
Voting is open to all Adult and Exile Trust members. If any Trust member does not receive that email, please contact us at info@daletrust.co.uk and we shall send it out again.