The Board of Directors of Willowglen wishes to announce that the Company proposes to seek the approval of its shareholders for the following Proposals at the forthcoming Annual General Meeting to be convened:
1. Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and
2. Proposed Renewal of Share Buy-Back Authority for the Company to purchase its own share.
A Circular to Shareholders setting out the details of the aforesaid Proposals will be issued to the shareholders in due course.
This announcement is dated 27 February 2017.