CGG Coburg Grp

TIDMBNR

RNS Number : 7132B

Blenheim Natural Resources PLC

08 October 2015

8 October 2015

BLENHEIM NATURAL RESOURCES PLC

("Blenheim" or "the Company")

Notice of AGM

The Company announces that it posted to Shareholders on 6 October 2015 the Notice of its Annual General Meeting ("AGM") to be held at 4th Floor, 40 Queen Street, London EC4R 1DD at 12 noon on Friday 30 October 2015.

At the forthcoming AGM, resolutions being put to Blenheim shareholders include Ordinary Resolutions to subdivide each ordinary share of 10 pence into 100 ordinary shares of 0.1 p and to extend the expiry date of Convertible Loan Notes amounting to GBP275,000 to 15 April 2017.

The Holders of the Convertible Loan Notes include companies controlled by Konrad Legg (a director of the Company and a Substantial Shareholder) and Bruce Rowan (a Substantial Shareholder) and therefore the extension of the Loan Notes constitutes related party transactions under Rule 13 of the AIM Rules for Companies. The extension of the expiry date is subject to the passing of Ordinary Resolutions at the forthcoming AGM.

The independent directors, having consulted with the Company's nominated adviser, consider that the terms of the transactions are fair and reasonable insofar as its shareholders are concerned.

A copy of the notice is available under the Reports and Documents section of the Company's website, http://www.blenheimnaturalresources.com/reports-and-documents/other-documents

For further information please contact:

 
                               Blenheim Natural       +44 (0) 1622 
Chris Ells                      Resources Plc          844601 
 
                               Grant Thornton UK      +44 (0) 20 7383 
Colin Aaronson/Jamie Barklem    LLP                    5100 
 
Nick Emerson                   SI Capital Ltd         +44 (0)1483 413500 
Lucy Williams / Duncan         Peterhouse Corporate   +44 (0) 20 7469 
 Vasey                          Finance Limited        0932 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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