Result of AGM

RNS Number : 6306B

Infrastrata PLC

31 January 2020

 

InfraStrata plc

("InfraStrata" or the "Company")

Result of AGM

InfraStrata plc (AIM: INFA), the UK quoted company focused on strategic infrastructure projects and physical asset life-cycle management, is pleased to announce that at its annual general meeting held earlier today, all resolutions were duly passed on a show of hands. The table below summarises proxy votes received ahead of the meeting:

Resolution	No. of votes for	Votes for as % of votes cast	No. of votes against	Votes against as % of votes cast	Total votes cast (excluding votes withheld)	No. of votes withheld
1	1,155,760,070	100.00%	0	0.00%	1,155,760,070	7,500
2	1,151,406,260	99.62%	4,353,810	0.38%	1,155,760,070	7,500
3	1,155,758,070	100.00%	2,000	0.00%	1,155,760,070	7,500
4	1,155,760,070	100.00%	0	0.00%	1,155,760,070	7,500
5	1,155,760,070	100.00%	0	0.00%	1,155,760,070	7,500
6	1,151,140,705	99.62%	4,385,359	0.38%	1,155,526,064	241,506

Votes which have been cast at the discretion of the Chairman have been counted as votes for the resolutions. Votes withheld are not votes in law and do not count in the number of votes counted for or against a resolution.

For further information, please visit www.infrastrataplc.com or contact:

InfraStrata plc John Wood, Chief Executive	c/o Newgate Communications [phone]
Allenby Capital Limited (AIM Nominated Adviser & Joint Broker) Jeremy Porter / Liz Kirchner	[phone]
Arden Partners plc (Joint Broker) Paul Shackleton / Dan Gee-Summons (Corporate Finance) Simon Johnson (Corporate Broking)	[phone]
Newgate Communications (PR) Elisabeth Cowell/ Ian Silvera/Jamie Williams	[phone]

Notes to editors:

InfraStrata is a London Stock Exchange-quoted group focused on strategic infrastructure projects.

The rapid development of the 100% owned Islandmagee Gas Storage Project is a core workstream for InfraStrata. It is expected to provide 25% of the UK's natural gas storage capacity and to benefit the Northern Ireland economy as a whole when complete. Given that the Committee on Climate Change has advised that the UK will still need a significant quantity of natural gas by 2050 - about 70% of today's consumption - the market opportunity for this project is compelling.

The Company also owns and operates the assets of Harland & Wolff in Belfast, where it will undertake the fabrication work for the Islandmagee project, as well as establish secondary revenue streams through the provision of services to the energy, maritime and defence sectors should such opportunities arise in future.

Mindful of the fact that safe, secure and flexible sources of energy are needed for a sustainable future, InfraStrata is focused on providing investors with exposure to a growing portfolio of UK, European and international energy infrastructure projects. With this in mind, the Company's highly experienced team is focused on acquiring, developing and commercialising innovative infrastructure projects around the world. 

The Front-End Engineering & Design (FEED) and Insitu Downhole Testing programme for the Islandmagee Gas Storage Project is co-financed by the European Union's Connecting Europe Facility.

Disclaimer releasing the European Union from any liability in terms of the content of the dissemination materials:

"The sole responsibility of this publication lies with the author. The European Union is not responsible for any use that may be made of the information contained therein."

 

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