TIDMDQE

RNS Number : 6620A

DQ Entertainment PLC

30 September 2015

30 September 2015

DQ Entertainment plc ("DQE" or "the Company")

Requisition of General Meeting

DQ Entertainment plc, a global entertainment production and distribution company focused on children's and family animation content, announces that on 28 September 2015 the Company received a letter from Platinum Consulting Group, Anil Chintapalli and Corporate Computer Services (collectively the "Requisitioners") regarding a purported requisition for DQE to convene an extraordinary general meeting of the Company (the "General Meeting") to propose resolutions to appoint Anil Chintapalli and Suresh Chitturi as directors of the Company with immediate effect.

The Requisitioner's letter further informed the Company that the Requisitioners are the registered holders of a total of 29,133,662 ordinary shares of GBP0.001 par value each in the capital of the Company, which represents 51.78% of the Company's issued ordinary share capital.

DQE is currently seeking advice in relation to the validity of the purported requisition and the Company will make a further announcement in due course.

For further information, please contact:

 
DQ Entertainment plc                             Tel: +91 40 235 53726 
 Tapaas Chakravarti - Chairman and CEO 
 Rashida Adenwala - Director Finance & Investor 
 Relations 
 
  Allenby Capital Limited                          Tel: +44 (0)20 3328 5656 
  Jeremy Porter / Alex Brearley 
 
  Buchanan                                         Tel: +44 (0)20 7466 5000 
  Mark Edwards/Robbie Ceiriog-Hughes 
 

- Ends -

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

September 30, 2015 02:03 ET (06:03 GMT)

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