Pulse Investments Limited (PULS) has advised that at a Board of Directors’ meeting held on May 22, 2017 the following resolutions were passed and will be voted on at an Extraordinary General Meeting to be held within thirty days:
- That the stock in PULS be split, on the basis that 5 additional shares be issued to shareholders for every share currently held by them in the company.
- That the authorized share capital of PULS be increased from 450,000,000 shares of no par value, to 1,950,000,000 shares of no par value, by the creation of an additional 1,500,000,000 shares.