Nativo Resources Adjourns Noteholder Meeting
Why we think this is neutral
The RNS announcement is about the adjournment of a Noteholder Meeting, which does not provide any significant updates on the company's trading, financials, or operations. As such, the news is neutral and does not warrant a strong sentiment score.
Key Points
- Noteholder Meeting adjourned due to insufficient voting instructions
- Adjourned Noteholder Meeting to be held on 30 June 2025 with reduced quorum requirement
- Voting instructions already lodged by Noteholders remain valid for the Adjourned Noteholder Meeting
Summary
The gold-focused E&P company has adjourned a Noteholder Meeting due to insufficient voting instructions received.
Nativo Resources plc (LON:NTVO) has announced that the level of voting instructions received for the meeting of the Noteholders held on 12 June 2025 to consider the bond restructuring Proposals was insufficient for the Noteholder Meeting to be quorate. As a result, the Noteholder Meeting was adjourned and will now be held on 30 June 2025 with a reduced quorum requirement.
Key Dates
30 June 2025
Adjourned Noteholder Meeting
GENERAL UPDATE