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BRIEF-Alcobra provides update on cancellation of extraordinary meeting called by Brosh Group
May 5, 2017 / 4:52 PM / 4 months ago

BRIEF-Alcobra provides update on cancellation of extraordinary meeting called by Brosh Group

May 5 (Reuters) - Alcobra Ltd:

* Alcobra provides update on cancellation of extraordinary meeting called by Brosh Group

* Reached an agreement with Brosh Capital L.P. and certain of its affiliates on cancellation of extraordinary general meeting of shareholders

* Extraordinary general meeting will be cancelled, Brosh Group shall withdraw its related meeting notice and proxy materials

* Alcobra will convene its annual general meeting no later than July 20, 2017

* Parties agreed co will bring to a shareholder vote any merger/acquisition deal which it enters into prior annual general meeting

* Brosh to refrain from initiating proceedings/taking action for convening of any meeting of shareholders until convening of co's annual general meeting Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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