BigDish PLC Result of General Meeting (0032T)
March 22 2021 - 3:00AM
UK Regulatory
TIDMDISH
RNS Number : 0032T
BigDish PLC
22 March 2021
BigDish Plc
( " BigDish " or the " Company")
Results of General Meeting
BigDish Plc (LON: DISH) is pleased to announce the Results of
the General Meeting held on 18 March 2021.
A Special Resolution was put to shareholders as follows:
To approve a Special Resolution to change the name of the
Company from BigDish Plc to Amala Foods Plc.
The Special Resolution was unanimously passed. The Company
informed the Jersey Financial Services Commission (JFSC) on 19
March 2021 that the Special Resolution had been passed.
The Company announced on the 25 February 2021 that it was in the
process of forming a Joint Venture ("JVCo") food technology
company, Amala Foods Inc ("Amala"). Amala is being established for
the production and distribution of minimally processed plant-based
meat products initially within Asia. All the required documentation
for the completion of the formation of the Joint Venture Company
has now been filed with the Securities and Exchange Commission
(SEC) and the Company expects that the formation of JVCo will be
completed within the coming weeks.
Furthermore, the Company also announced previously that it was
in discussions to sign a lease for a purpose-built production
facility. This has now been signed and the Company will move in to
the facility next month.
The Company announced previously on 25 February 2021 that the
goals of the joint venture over the initial six-month period is to
complete the development of up to six products ready to be
commercialized through both direct-to-consumer and
business-to-business (B2B) sales channels. The Company will require
no additional funding during this period. Substantial progress on
product development has been made over the recent months and the
Company expects to announce some product launches within the
initial period.
The Company will update the market with regards to a new website
address and a new ticker symbol.
Enquiries:
Jonathan Morley-Kirk, Non-Executive jmk@bigdish.com
Chairman
Note to Editors:
The word Amala is derived from Sanskrit meaning " clean, pure
".
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END
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