Posting of Annual Report and AGM notice

RNS Number : 8482S

Egdon Resources PLC

12 November 2013

 



For immediate release                                                                              12 November 2013           

EGDON RESOURCES PLC

("Egdon" or "the Company")

Posting of Annual Report and Accounts, AGM Notification and Proposed Share Capital Reorganisation

Egdon Resources plc (AIM:EDR) is pleased to announce that the Annual Report and Accounts for the year ended 31 July 2013 was today posted to shareholders along with a notice of the Annual General Meeting to be held at 11.30 a.m. on 5 December 2013 at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN.  

Amongst the Resolutions to be put before shareholders at the meeting is a Special Resolution to effect a Share Capital Reorganisation.  Under this resolution it is proposed that the Existing Ordinary Shares of 10 pence will be subdivided into 1 New Ordinary Share of 1 penny each and 9 Deferred Shares of 1 penny each.

To give effect to the Share Capital Reorganisation, the current articles of association of the Company will need to be amended to make changes to allow for the creation of the Deferred Shares arising on the Share Capital Reorganisation becoming effective. These amendments will also require shareholders' approval at the General Meeting.

For further information please contact:

Egdon Resources plc

Mark Abbott, Jerry Field                                                                           01256 702292

Buchanan

Richard Darby, Gabriella Clinkard, Tom Hufton                                 020 7466 5000

Nominated Adviser and Broker - Cantor Fitzgerald Europe

David Porter, Rick Thompson (Corporate Finance)                            020 7894 7000

Richard Redmayne (Corporate Broking)

Notes to Editors:

Egdon Resources plc (LSE: EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK and France. 

Egdon currently holds interests in thirty licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets.  Egdon is an approved operator in both the UK and France.

Egdon was formed in 1997 and listed on AIM in December 2004.

 

END

 

 

MSCGGGMGGUPWGQP