Contango Holdings announces shareholder meeting

Calamos Global Total Return Fund

Calamos Global Total Return Fund

CGO

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  • Contango Holdings will hold a general meeting in London on July 29, 2026.
  • Shareholders will vote on a waiver tied to a proposed £5 million subscription that would leave the strategic investors with 50.1% of voting rights.
  • The meeting will also seek authority to allot 450,450,451 subscription shares at 1.11p each, with pre-emption rights disapplied for the issue.
  • Proceeds are earmarked to repay about £4.6 million of outstanding loans, leaving the company debt-free with about £0.4 million for working capital.


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