Results of General Meeting

RNS Number : 3531D

Longboat Energy PLC

28 June 2021

 

28 June 2021

LONGBOAT ENERGY PLC

("Longboat Energy", "the Company" or "Longboat")

RESULTS OF GENERAL MEETING

Longboat Energy plc today held its General Meeting ("GM") to consider the resolutions relating to the proposed farm-ins to a high impact drilling programme which were announced on 1 June 2021. 

The resolutions were:

i.  approve the Farm-ins which constitute a Reverse Takeover under the AIM Rules;

ii. grant the Directors further authorities to allot new Ordinary Shares; and

iii. dis-apply statutory pre-emption rights in respect of such new Ordinary Shares.

All resolutions presented were put to the meeting on a poll and were passed with the requisite majority. The full results are detailed below:

RESOLUTION NUMBER		FOR	%	AGAINST	%	VOTE TOTAL	% of ISC VOTES	WITHHELD
01		5,810,362	99.98%	1,000	0.02%	5,811,362	58.11	0
02		5,810,362	99.98%	1,000	0.02%	5,811,362	58.11	0
03		5,465,362	99.98%	1,000	0.02%	5,466,362	54.66	345,000
	Enquiries:
	Longboat Energy					via FTI
	Helge Hammer, Chief Executive Officer
	Jon Cooper, Chief Financial Officer
	Stifel (Nomad)					Tel: [phone]
	Callum Stewart Jason Grossman Ashton Clanfield
	FTI Consulting (PR adviser)					Tel: [phone]
	Ben Brewerton Sara Powell					[e-mail]

This announcement does not include any price sensitive information

NOTES:

1.  Resolutions 3 was a special resolution

2.  As at the time of the meeting the total number of ordinary shares in issue was 10,000,000.

 

END

 

 

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