Paragon Resources PLC Result of Class Meeting (0821K)

TIDMPAR

RNS Number : 0821K

Paragon Resources PLC

24 July 2013

Paragon Resources PLC

(AIM: PAR; ISDX: PA)

Result of Class Meeting

24 July 2013

The Board announces that the resolution proposed at the Class Meeting of Preference Shareholders held today was passed. Accordingly, the Company will proceed to arrange for its preference shares to be redeemed in consideration for the allotment and issue of new Ordinary Shares and a further announcement will be made in due course once the redemption notice and new Ordinary shares have been issued.

(All definitions are as defined in the announcement of 21 June 2013.)

For further information, please contact:

 
Paragon Resources plc       Allenby Capital Limited 
 Simon Hunt                  (Nominated Adviser and Broker) 
 (Chairman)                  Nick Harriss/Jeremy Porter/James 
 +44 7733 337 755            Reeve 
 www.paragon-resources.com   +44 20 3328 5656 
                             www.allenbycapital.com 
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This information is provided by RNS

The company news service from the London Stock Exchange

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