Results of General Meeting and Transaction Update

RNS Number : 6973T

Igas Energy PLC

09 December 2011

 



9 December 2011 

IGAS ENERGY PLC ("IGas Energy" or "the Company")

Results of General Meeting and Transaction Update

On 23 November 2011 the Company announced the publication of an Admission Document containing notice to convene a General Meeting to, inter alia, seek shareholder approval for the acquisition of Star Energy Group Limited ("Star Energy"), which constitutes a reverse takeover under the AIM Rules and is therefore conditional, inter alia, upon such approval. 

At the General Meeting, held today, all the resolutions were passed by the requisite majorities. Details of the proxy voting will be available on the Company's website www.igasplc.com with effect from 3:00pm today.

The acquisition of Star Energy is expected to complete on or before 16 December 2011 subject to certain conditions being satisfied prior to that date.

For further information visit www.igasplc.com or contact:

IGas Energy plc
Andrew Austin, CEO	[phone]
Stephen Bowler, CFO
RBS Hoare Govett	[phone]
Sara Hale/Jamie Buckland/John MacGowan
Kreab Gavin Anderson	[phone]
Ken Cronin/ Kate Hill/ Anthony Hughes

 

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