Terra Capital shareholders approve liquidation, share cancellation

By Caroline Salls

Pittsburgh, March 28 – Terra Capital plc’s shareholders approved the company’s placement into voluntary liquidation at a general meeting held Thursday, according to a news release.

The shareholders also passed a resolution for the cancellation of the AIM admission of the company’s ordinary shares.

Mark Russell Kelly and Kristan James King of KPMG LLC have been appointed as joint liquidators in the voluntary winding-up of the company.

Holders of a total of 95% of the shares voted approved the cancellation, and the winding-up was unanimously approved.

Terra Capital parent Terra Industries is a Sioux City, Iowa, nitrogen products company.

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