Result of General Meeting & Total Voting Rights

RNS Number : 8299W

Independent Oil & Gas PLC

23 April 2019

 

THIS ANNOUNCEMENT AND THE INFORMATION IN IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, JAPAN, AUSTRALIA OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION, NOR SHALL THERE BE ANY SALE OF THE SECURITIES REFERRED TO HEREIN, IN OR INTO ANY JURISDICTION WHERE SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU No. 596/2014). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Capitalised terms used in this announcement have the meanings given to them in the announcement made at 7.00 a.m. on 1 April 2019 regarding the proposed Fundraising, unless the context provides otherwise.

23 April 2019

Independent Oil & Gas PLC

("IOG" or the "Company")

Result of General Meeting & Total Voting Rights

Independent Oil and Gas plc ("IOG" or "the Company"), (AIM: IOG.L), the development and production focused oil and gas company, is pleased to announce that at the Company's General Meeting held earlier today, all resolutions put to shareholders were duly passed. The results are as shown below reflecting a  99.71% vote for the resolutions out of all votes cast:

Resolution	For	Against	Discretion	Withheld
1 - Authority to allot shares	28,517,898	86,252	1,100,000	11,293
2 - Disapplication of pre-emption rights	28,517,898	86,252	1,100,000	11,293

Accordingly it is expected that admission of the 165,795,050 Placing Shares, 3,250,000 Subscription Shares, 20,497,204 LOG Shares and 20,128,580 Open Offer Shares will become effective at 8.00 a.m. on 24 April 2019 ("Admission").

On Admission, the Company will have 337,151,846 Ordinary Shares in issue and there are no shares held in treasury. Therefore the Company's total number of Ordinary Shares with voting rights will be 337,151,846.

The figure of 337,151,846  may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For more information please contact:

Independent Oil & Gas PLC Andrew Hockey (CEO) James Chance (CFO) Rupert Newall (Head of Corporate Finance)	[phone]
finnCap Ltd (Nominated Adviser and Joint Bookrunner) Christopher Raggett, Simon Hicks (Corporate Finance) Camille Gochez (Corporate Broking)	[phone]
Peel Hunt LLP (Joint Bookrunner) Richard Crichton David McKeown	[phone]
GMP First Energy (Joint Bookrunner) Jonathan Wright	[phone]
Vigo Communications Patrick d'Ancona Chris McMahon Simon Woods	[phone]

 

END

 

 

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