Them there shares

According to my letter, just recovered from the To Do pile, the AGM planned to make these subtle changes:
6: Revocation of limit of number of shares that can be issued by NCFC
7: Authority to allocate shares, up to a nominal value of ?1,000,000 [as each share has a nominal value of ?1 I guess this means that the Board can issue up to one million new shares - Foulger has taken up 8 per cent.]
8: Disapplication of pre-emption rights [they don't have to offer new shares to exisiting holders first.]

The price of shares doesn't appear to be mentioned - hopefully Tony Martin can shed some light.

Posted By: jayson blair, Feb 8, 21:32:32