Notice Type
Other
Cue Energy Resources No Liability Notice of Registration of Order and Minute Pursuant to Section 78 of the Companies Act 1955 Notice is hereby given that on the 26th day of October 1993, Justice Ellis of the High Court of New Zealand made an order confirming the reduction of capital of Cue Energy Resources No Liability and approved the minute set out below and that a sealed copy of that order and the minute set out below was registered with the Registrar of Companies on the 16th day of November 1993. The said minute is in the following words and figures: ``The capital of Cue Energy Resources No Liability, by virtue of a special resolution passed by the shareholders on 8 December 1992, and with the confirmation of an order of the High Court, was reduced from $50,000,000 divided into 100 million ordinary shares of 50 cents each to $35,000,000 divided into 100 million ordinary shares of 35 cents each of which 21 210 774 ordinary shares of 35 cents were issued and fully paid, 31 799 174 ordinary shares of 35 cents were issued and paid to 30 cents, 100 000 ordinary shares of 35 cents were issued and paid to 1 cent and 15 124 300 ordinary shares of 35 cents were paid to 25 cents (and were forfeited). A further resolution was passed by the shareholders on 8 December 1992 at the same meeting at which the resolution reducing the capital of Cue Energy Resources No Liability was passed. This further resolution gave the directors the power to re-issue all or any of the 15 124 300 forfeited ordinary shares. Pursuant to that further resolution, 74 600 forfeited shares were re-issued and a further 5 cents was paid up thereon on 9 December 1992 and 200 000 forfeited shares were re-issued and a further 5 cents was paid up thereon on 18 March 1993. Accordingly, the capital of Cue Energy Resources No Liability on the registration of this minute is $35,000,000 divided into 100 million ordinary shares of 35 cents each of which 21 210 774 ordinary shares of 35 cents were issued and are and are deemed to be fully paid, 32 073 774 ordinary shares of 35 cents are issued and are and are deemed to be paid to 30 cents, 100 000 ordinary shares of 35 cents are issued and are and are deemed to be paid to 1 cent and 14 849 700 ordinary shares are and are deemed to be paid to 25 cents (and are forfeited); the residue of such shares, namely 31 765 752, are unissued.'' Dated this 22nd day of November 1993. J. M. MELLSOP, Solicitor for the Company.
Publication Date
2 Dec 1993

Notice Number

1993-ot10048

Page Number

3603