Lb-shell plc S656 Meeting & Change of Accounting Reference Date (7023Z)
19 December 2017 - 3:44AM
UK Regulatory
TIDMLBP
RNS Number : 7023Z
Lb-shell plc
18 December 2017
Lb-shell plc
(LSE: IEH; ADR: INGYY)
Released 18 December 2017
LB-SHELL PLC (the "Company"): Section 656 Meeting and
notification of change of name
The Company confirms that the section 656 meeting (to consider
whether any, and if so what, steps should be taken to deal with the
Company's serious loss of capital) was duly held earlier today.
Following the discussions at that meeting, the Directors confirm
that the intention remains to use the Company's limited remaining
cash in the orderly winding down or dissolution of the Company. The
Directors remain of the view that there is no remaining value in
the Company's ordinary shares.
To assist with the preparation for that orderly winding down or
dissolution, the Company has extended its accounting reference date
from 30 September to 30 November, so as to enable the audited
accounts of the Company for the year ended 30 November 2017 to
reflect the sale of Intelligent Energy Limited, and of the
Company's remaining business and assets, to Meditor Energy Limited
and to reflect the Company becoming a non-trading company.
Further announcements will be made in due course.
John Maguire
18 December 2017
Director
For enquiries telephone: 07966 164357
This information is provided by RNS
The company news service from the London Stock Exchange
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December 18, 2017 11:44 ET (16:44 GMT)
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