Result of AGM and EGM

RNS Number : 3703B
Petroneft Resources PLC
14 August 2008
 



PetroNeft Resources plc


Results of AGM and EGM


The board of PetroNeft Resources plc ('Company') is pleased to announce that all resolutions proposed to shareholders at the Company's annual general meeting and extraordinary general meeting held in Dublin today were duly passed. 


As a result, the placing announced on 18 July 2008, raising approximately US$17.3 million, has now been completed, subject only to admission of the second tranche placing shares to trading on AIM and IEX.  Application has been made to the London Stock Exchange and the Irish Stock Exchange for the second tranche placing shares, consisting of 15,324,902 ordinary shares, to be admitted to trading on AIM and IEX respectively. Admission of such ordinary shares is expected to occur on Friday 15 August 2008.



Contacts


Dennis Francis, CEO, PetroNeft Resources plc

+353 1 4433720


Paul Dowling, CFO, PetroNeft Resources plc

+353 1 4433720


Desmond Burke, Director Investor Relations, PetroNeft Resources plc

+353 52 53226




This information is provided by RNS
The company news service from the London Stock Exchange
 
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