• Tea production in Sri Lanka

NOTICE OF MEETING

KAHAWATTE PLANTATIONS PLC

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the holders of ordinary shares of Kahawatte Plantations PLC (the “Company”) will be held by audio and visual means on 31st December 2020 at 11.00 am for the purpose of considering and, if thought fit, passing the following resolutions, as special resolutions:

IT IS HEREBY RESOLVED AS A SPECIAL RESOLUTION THAT :

  1. The Company do issue Nineteen Million Five Hundred and Sixteen Thousand Eight Hundred and Eighty Six (19,516,886) ordinary voting shares of the Company by way of a private placement (the “Private Placement Shares”) to MJF Teas (Private) Limited at a consideration of Sri Lankan Rupees Forty One (LKR 41/=) per Private Placement share, by capitalizing a total sum of Sri Lankan Rupees Eight Hundred Million One Hundred and Ninety Two Thousand Three Hundred and Twenty Six (LKR 800,192,326/=) due and payable by the Company to MJF Teas (Private) Limited;
  2. The Company do issue the Private Placement Shares to MJF Teas (Private) Limited without offering such shares to the holders of the existing shares in the Company in a manner which would, if accepted, maintain the relative voting and distribution rights of those shareholders.

Notes :

  • To view the accompanying Circular to the Shareholders please click here
  • For instruction on joining the meeting please click here
  • Shareholders who wish to participate at the EGM are required to forward their details for registration by filling out the document marked Form A- Online EGM registration form. Please click here to download the Form A.
  • A shareholder is entitled to appoint a Proxy to participate and vote at the meeting on his/her behalf. Please click here to download the Form of Proxy