Corporate GovernanceJul 22, 2026, 06:07 AM
RedCloud Holdings Adopts New Articles of Association
AI Summary
RedCloud Holdings plc has adopted new Articles of Association by special resolution on February 25, 2025. These articles establish the company's internal regulations, covering aspects such as share capital structure, rights attached to Ordinary and Preference Shares, procedures for general meetings, and the powers and responsibilities of the Board of Directors. The document outlines the framework for corporate governance and shareholder relations.
Key Highlights
- Articles of Association adopted by special resolution on February 25, 2025.
- Defines Ordinary Shares with a nominal value of £0.002 each.
- Defines Preference Shares with a nominal value of £49,999.999 each.
- Specifies a minimum 14-day notice period for calls on shares.
- Requires a minimum 7-day notice for share forfeiture due to non-payment.
- Mandates refusal notice for share transfers within two months.
- Sets a 60-day period for persons entitled by transmission to elect registration.
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