30 September 2016
CSF Group plc
("CSF" or "the Group")
Posting of Documents
The Board of CSF announces that hard copies of the following documents (collectively the "Documents") have today been sent to Shareholders.
· A circular to Shareholders (the "EGM Circular") containing a notice of an extraordinary general meeting ("Extraordinary General Meeting") to be held on 18 October 2016 for the purpose of considering, and if thought fit, passing a resolution to cancel the admission of the ordinary shares of 10p each in the capital of the Company to trading on AIM (the "Cancellation").
· A form of proxy for use by Shareholders at the Extraordinary General Meeting.
· The notice of the Company's 7th annual general meeting ("Annual General Meeting") which will take place at 7:00 a.m. (British Summer Time) / 2:00 p.m. (Malaysia Time) on 18 October 2016 at the Business Centre, Mezzanine Floor, CSF Computer Exchange 5, Jalan Cyber Point 2, Cyber 12, 63000 Cyberjaya, Selangor Darul Ehsan, Malaysia.
· A form of proxy for use by Shareholders at the AGM.
Electronic copies of the Documents together with the Company's annual report and accounts for the year ended 31 March 2016 will shortly be available from the Company's website: www.csf-group.com in accordance with AIM Rule 20 and Rule 26.
As noted in the Company's announcement made on 26 September 2016, the Extraordinary General Meeting is scheduled to take place immediately following the conclusion or the adjournment (as the case may be) of the Annual General Meeting, at the same location.
Additionally, among other things, the Company's announcement of 26 September 2016 contains: (i) further details regarding the Cancellation; (ii) the reasons why the Board has decided to proceed with the Cancellation, subject to Shareholders' approval; and (iii) the reasons why the Directors believe that the Cancellation is in the best interests of the Company and Shareholders as a whole and why the Board recommends that Shareholders vote in favour of the Cancellation at the forthcoming Extraordinary General Meeting.
Subject to the Cancellation being approved by Shareholders at the Extraordinary General Meeting, Cancellation will occur no earlier than 5 business days after the proposed Extraordinary General Meeting and it is therefore expected that trading in the Ordinary Shares on AIM will cease at the close of business on 25 October 2016, with Cancellation expected to take effect at 7:00 a.m. (British Summer Time) / 2.00 p.m. (Malaysia Time) on 26 October 2016.
For further information:
Phil Cartmell, Chairman +603 8318 1313
Allenby Capital (Nominated Adviser and Broker)
Nick Naylor / Alex Brearley +44 (0) 20 3328 5656
This information is provided by RNS