Key facts about BPH Global's 2024 EGM

BPH Global Limited (ASX: $BP8) has issued a notice of an Extraordinary General Meeting (EGM) to be held at 3:00pm AEST on 24 May 2024 at Suite 5, Level 12, 530 Collins Street, Melbourne VIC 3000. The EGM will address important matters including the consolidation of capital and the approval to issue up to $1,000,000 worth of shares.

Executive commentary on the resolutions

The Share Consolidation aims to consolidate every five shares into one consolidated share, with the intention to achieve a more appropriate and effective capital structure for the company. The Board believes this will lead to a more appealing share price to a wider range of investors and enhance the company's market perception. Additionally, the approval to issue up to $1,000,000 worth of shares seeks to raise funds for the company's business operations and growth.

Summary of BPH Global's 2024 EGM

BPH Global Limited (ASX: $BP8) has called for an Extraordinary General Meeting to address the consolidation of capital and the approval to issue up to $1,000,000 worth of shares. The company aims to achieve a more effective capital structure and a more appealing share price to attract a wider range of investors. The approval to issue shares is intended to raise funds for the company's business operations and growth. Shareholders are advised to monitor the ASX announcements platform and the company's website for any updates regarding the EGM.