88 Energy Announces Notice of AGM and Proposed Capital Consolidation
Why we think this is neutral
This RNS announcement is a general update regarding the upcoming AGM and a proposed capital consolidation. It does not contain any specific financial or operational updates that would warrant a stronger sentiment score.
Key Points
- Notice of AGM lodged for 6 May 2025
- Proposed 25:1 consolidation of issued share capital
Summary
The energy company has announced a notice of its upcoming annual general meeting and a proposal to consolidate its share capital on a 25:1 basis.
88 Energy Limited (ASX & AIM: 88E) has announced that a notice of its annual general meeting (AGM) has been lodged, and the company is proposing a consolidation of its issued share capital on a 25:1 basis. The AGM is scheduled for 6 May 2025, and if the consolidation resolution is passed, the company's shares, depositary interests, options, performance rights, and warrants will be consolidated accordingly.
Key Dates
6 May 2025
Annual General Meeting
GENERAL UPDATE