LONDON - XPE Group PLC, a company listed on the London Stock Exchange (LON:LSEG), has announced the approval of extraordinary resolutions at a stockholder meeting held today. The resolutions, which include changes to the company's Trustee, Registrar, and Paying Agent, as well as amendments to the Trust Deed, were passed during the meeting conducted via videoconference.
The meeting's outcome has led to the execution of the Initial Supplemental Trust Deed and the Further Supplemental Trust Deed, with today being the effective date for these changes. As a result of the approved resolutions, GLAS Trustees Limited has now been appointed as the Trustee under the Trust Deed and other Finance Documents, replacing The Law Debenture Trust Corporation p.l.c.
In addition, the company has moved its registrar services to GLAS Specialist Services Limited. Stockholders and beneficial interest holders are encouraged to contact GLAS Specialist Services Limited to gain access to a secure web portal, which will be the new medium for information dissemination following the company's decision to cease making information available via its website and the RNS service.
A significant change resulting from the meeting is the de-listing of the company's stock from the London Stock Exchange. This step indicates a shift in how the company will communicate with its stockholders and manage its information distribution.
XPE Group PLC has assured its stockholders that it will continue to keep them informed of any relevant developments in accordance with applicable laws and regulations. The company has provided contact details for further inquiries and has emphasized that neither Law Debenture nor GLAS Trustees Limited were involved in the preparation or formulation of the announcement or resolutions, advising stockholders to seek independent legal, financial, or tax advice regarding the changes.
The information regarding the changes and the stockholder meeting is based on a press release statement issued by XPE Group PLC.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.