Davenham Trade Finance Delist From AIM

A circular has been sent to Davenham shareholders convening a general meeting at 2pm on 13 August, at the offices of Pinsent Masons LLP, One Ropemaker Street, London EC2Y 9AH, at which a special resolution will be proposed to approve the cancellation of the admission of the ordinary shares to trading on AIM.  

The resolution is conditional upon the approval of not less than 75% of the votes cast by shareholders (whether in person or by way of proxy) at the general meeting.

If the resolution is passed, the cancellation is expected to become effective on 23 August. 

Shareholders who wish to acquire or dispose of ordinary shares following the cancellation may do so on a private treaty basis with the relevant counterparty and should contact the company in relation to the procedure for registering that acquisition or disposal in the statutory books of the company

Clients of Davenham Trade Finance that are worried about how this could effect their funding lines should call Phillip Evans direct on 01623 812902.

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