Cambria Africa PLC Notice of EGM (5311I)
02 Juni 2014 - 8:00AM
UK Regulatory
TIDMCMB
RNS Number : 5311I
Cambria Africa PLC
02 June 2014
Cambria Africa Plc
("Cambria" or the "Company")
2 June 2014
Notice of Extraordinary General Meeting
Following Cambria's announcement on 27 May 2014 relating to the
purchase of 100% of the outstanding share capital of Chemicals
& Marketing Company Limited (C&M), a leading Malawi
chemicals distributor, for 5,500,000 (five million and five hundred
thousand) ordinary shares, the Company announces today that it has
convened an Extraordinary General Meeting ("EGM") to be held at 1
Berkeley Street, Mayfair, London; on 18 June 2014 at 9 a.m.
At the EGM Cambria will propose a resolution for the acquisition
of 100% of the outstanding share capital of C&M, for 5,500,000
ordinary shares in Cambria ("Acquisition Shares"), which will
increase the number of ordinary shares in issue to 104,655,162. The
Acquisition Shares will represent approximately 5.26per cent of the
issued ordinary share capital of the Company immediately following
completion of the acquisition
The Directors believe that this acquisition will have a number
of potential benefits for shareholders, as it is directly in line
with Cambria's strategy of building high growth, high quality
regional companies. The Directors also believe that the acquisition
will deliver significant diversification for Millchem Africa
Limited in terms of geography as well as products and services.
A circular containing the Notice of the EGM has been posted to
the shareholders today 2 June 2014.
A copy of that circular is also available on the Company's
website www.cambriaafrica.com.
Contacts
Cambria Africa Plc www.cambriaafrica.com
+44 (0) 796 4908
Ian Perkins 951
+44 (0) 796 4908
Edzo Wisman 950
WH Ireland Limited www.wh-ireland.co.uk
+44 (0) 207 220
James Joyce / Nick Field 1666
Peterhouse Corporate Finance www.pcorpfin.com
Limited
Charles Goodfellow / Duncan +44 (0) 207 220
Vasey 9791
FTI Consulting www.fticonsulting.com
+44 (0) 203 727
Edward Westropp / Adam Cubbage 1521
About Cambria Africa Plc
Cambria Africa Plc, quoted on the AIM market of the London Stock
Exchange, is a long term, active investment company, building a
portfolio of investments primarily in Southern Africa.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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