EAM Energy Asset

 

TIDMEAM 
 
RNS Number : 8561W 
Energy Asset Management PLC 
04 August 2009 
 

 
 
 
 
FOR IMMEDIATE RELEASE    4 August 2009 
 
 
 
 
 
 
ENERGY ASSET MANAGEMENT PLC ("EAM" or "the Company") 
RESULTS OF AGM 
CHANGE OF NAME TO RICMORE CAPITAL PLC 
INVESTING POLICY APPROVED 
 
 
The Company is pleased to announce that at the Annual General Meeting held on 
Friday 31 July 2009, all Resolutions were passed. 
Accordingly, the Company intends to adopt a modified investing policy which will 
comply with the revised AIM Rules for investing companies, and which is set out 
below. In addition, Shareholders approved the Change of Name to Ricmore Capital 
Plc. 
Investing Policy 
The Company will seek to acquire assets, companies or businesses in the United 
Kingdom, Europe and North America in the energy, environmental and related 
services sector. The Company may be either an active investor and acquire 
control of a single company or it may be a passive investor and acquire 
non-controlling shares or other assets or businesses as is considered to be in 
the best interests of the Company. 
The investing policy will be implemented through pro-actively seeking suitable 
acquisitions, making the use of the professional contacts of the board and its 
advisors. 
Any acquisition is likely to be substantially made by way of a share exchange, 
and with further share capital being raised at the time of the acquisition 
transaction. All of the Company's resources are likely to be invested in the 
first acquisition and the use of debt as a source of future funding will be 
considered, if thought prudent to do so, in the light of nature of the assets, 
companies or businesses being acquired, and the terms upon which such finance 
would be available. 
The board policy is to invest with a view to achieving a material increase in 
the capital value of the Company, and the working capital requirements of a 
rapidly growing business are likely to take priority over dividends to 
shareholders. In the event that more than one asset, company or business is 
acquired, it will be with a view to building, for the long term, a coherent 
group operating under a holding company without cross-holdings. 
Change of name 
Following shareholder approval, the Company will change its name to Ricmore 
Capital Plc (AIM: RCAP) with effect from Thursday 6 August 2009 .  The new 
website which contains the information required under AIM Rule 26 will be 
available at www.ricmorecapital.co.uk 
 
 
Contact: 
 
 
John Shaw, Energy Asset Management PLC on 07973 826613 
Roland Cornish, Beaumont Cornish Limited on 020 7628 3396 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCUSUORKKRWRAR 
 

Energy Asset Management (LSE:EAM)
Historical Stock Chart
Von Dez 2024 bis Jan 2025

Energy Asset Management (LSE:EAM)
Historical Stock Chart
Von Jan 2024 bis Jan 2025