AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

QUICK'S SHARE PLAN REJECTED

2nd January 1959, Page 39
2nd January 1959
Page 39
Page 39, 2nd January 1959 — QUICK'S SHARE PLAN REJECTED
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

AN application by H. and I Quick, Ltd., to issue £100,000 7 per cent. cumulative redeemable preference shares to provide additional capital for expansion has been refused by the Capital Issues Committee. Subject to the approval of the stockholders, the company will issue £50,000 of this capital, for which they will not require Treasury consent. The balance will be raised later.