Restaurant Group PLC Notice of AGM (8147L)
23 April 2018 - 11:36PM
UK Regulatory
TIDMRTN
RNS Number : 8147L
Restaurant Group PLC
23 April 2018
The Restaurant Group plc
(the 'Company')
Publication of Annual Report, Notice of Annual General Meeting,
Notice of General Meeting and Circular
The Company announces that it will today publish and post to
shareholders its Annual Report and Accounts for the year ended 31
December 2017 ('Annual Report'), together with its 2018 Annual
General Meeting Notice ('AGM Notice') along with a Notice of
General Meeting with related explanatory circular (the 'Circular')
(together the 'GM Notice and Circular').
In addition to the regular AGM business, the General Meeting
Notice and Circular contains a proposed resolution which will be
put to shareholders at the General Meeting to rectify
administrative errors of which the Board has become aware regarding
the level of distributable reserves and the payment of interim and
final dividends to shareholders during the period from 2006 to 2017
(the 'Relevant Dividends'). The background to this matter was set
out in the final results announcement on 7 March 2018.
In order to remedy this, the proposed resolution will, if
passed, authorise the appropriation of distributable profits to the
payment of the Relevant Dividends and give the Board authority to
enter into deeds of release for shareholders and directors in order
to restore all potentially affected parties to the position they
were intended to be had the Relevant Dividends been paid in
accordance with the procedural requirements of the Companies Act
1985 and the Companies Act 2006 (as relevant). This is in line with
the approach taken by other listed companies that have encountered
similar procedural issues in the past. In accordance with the
Listing Rules, the entry by the Company into the deeds of release
for shareholders and directors constitutes a related party
transaction. The issue is of a historical nature and there is no
change to the financial outlook of the Company and no past accounts
will need to be restated. No fines or other penalties have been
incurred by the Company. There is no impact on the final dividend
proposed for approval by shareholders at the AGM.
In accordance with Listing Rule 9.6.1, copies of the AGM Notice,
the GM Notice and Circular and Annual Report have been submitted to
the National Storage Mechanism and will shortly be available to
view at http://www.morningstar.co.uk/uk/NSM and on the Company's
website,
http://www.trgplc.com/investors/reports-and-presentations.
The Company's General Meeting and Annual General Meeting will be
held at the offices of Instinctif Partners, 65 Gresham Street,
London, EC2V 7NQ at 9.45am and 10.00 am respectively on Wednesday,
23 May 2018.
Enquiries:
The Restaurant Group Tel: 020 3117 5001
plc
Ace Company Services
Limited
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
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