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If Swala does decide to list on the London Stock Exchange, given...

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sleuthtoo

475 Posts.

27/01/18

17:25

Post #: 30603970
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Originally posted by MyView ↑

Swala AGM...... http://www.swalaoilandgas.com/documents/Notice-of-2017-AGM.pdf
RESOLUTION
12
:
TO APPROVE THE COMPANY’S DUAL LISTING ON AN OECD EXCHANGE
To consider and, if thought fit, to pass, with or without amendment the following resolution as an ordinary
resolution:
“
That,
for all other purposes,
the Directors of the Company may dual
-
list the securities of the Company on an
appropriate OECD stock exchange
.”

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If Swala does decide to list on the London Stock Exchange, given that it will own shares in a producing asset, it may be able to be listed on the LSE Main Market instead of AIM.

Another Tanzania oil and gas company, Aminex is listed on the main market with a market cap 110 m pounds
http://www.londonstockexchange.com/...ry/company-summary/IE0003073255IEGBXSSQ3.html

SL1 Price at posting: 6.5¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

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