Result of General Meeting

RNS Number : 3674X
i3 Energy PLC
27 August 2020
 

27 August 2020

i3 Energy plc

("i3" or the "Company")

Result of General Meeting

i3 Energy plc is pleased to announce that, following the conclusion of its general meeting held earlier today, all resolutions as set out in the circular sent to shareholders of the Company on 11 August 2020 were duly passed.

The table below sets out the results of the voting on each resolution:



VOTES FOR1

%

VOTES AGAINST

%

VOTES TOTAL

% OF ISSUED SHARE CAPITAL VOTED

VOTES WITHHELD2

Resolution 1

To approve the acquisition of certain oil and gas assets held by Gain Energy Ltd.

 19,411,435

 100%




 18%

 4,445

Resolution 2

To grant the Directors general power to allot shares.

 19,395,332

 100%




 18%

 20,548

Resolution 3

To partially disapply the statutory pre-emption provisions.

 19,395,332

 100%




 18%

 20,548

Resolution 4

To grant the Company authority to purchase its own shares.

 19,392,564

 100%




 18%

 23,316

 

1 Any votes that give discretion to the Chairman have been included in the "For" total.

2 A vote withheld is not a vote in law and is not counted in the calculation of proportion of votes For and Against a resolution.

 

ENDS

CONTACT DETAILS:

i3 Energy plc

Majid Shafiq (CEO) / Graham Heath (CFO)

c/o Camarco

Tel: +44 (0) 203 781 8331



WH Ireland Limited (Nomad and Joint Broker)

James Joyce, James Sinclair-Ford

Tel: +44 (0) 207 220 1666

Canaccord Genuity Limited (Joint Broker)

Henry Fitzgerald- O'Connor, James Asensio

Tel: +44 (0) 207 523 8000

 

Mirabaud Securities Limited (Joint Broker)

Peter Krens

Tel: +44 (0) 203 167 7221

 

Camarco

Georgia Edmonds, James Crothers

Tel: +44 (0) 203 781 8331

 

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

 

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END
 
 
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