Haldane McCall Plc
Haldane McCall Plc: Haldane McCall PLC announced share split
Haldane McCall Plc / Key word(s): Strategic Company Decision/Miscellaneous 30.08.2012 / 12:00 --------------------------------------------------------------------- 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@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 --------------------------------------------------------------------- 30.08.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 183522 30.08.2012
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