EGM Result and Presentation
March 12, 2021
PetroNeft Resourced PLC ("PetroNeft Resources " or the "Company") an international oil and gas exploration and production company focused in Russia, is pleased to announce that the proposed Resolution was duly passed without amendment at the Company's EGM held at 11.00 am today, 12 March 2021.
The resolution as set out in the Notice of EGM was voted on by way of a poll and the results were as follows:
|
|
In Favour
(including discretionary) |
Against |
Vote Total as % of Issued Share Capital |
Withheld* |
||
|
Resolution |
Votes |
% |
Votes |
% |
% |
Votes |
|
1
|
416,912,568 |
99.99 |
55,000 |
0.01 |
45.35 |
125,813 |
*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "in favour" or "against" the Resolution.
The full wording of the resolutions can be found by clicking on the following link:
http://petroneft.com/upload/iblock/b7b/b7bc5860f73d0f9c7a9b4232995bdec7.pdf
The Company also provided a brief operational update on current trading performance, with supporting detail as to future rollout and development of the existing assets and potential prospects. The full presentation can be found by clicking on the following link:
/investor-relations/presentations/EGM Presentation 12th March 2021.pdf
For further information, contact:
|
David Sturt, CEO, PetroNeft Resources plc |
+353 1 443 3720 |
|
John Frain, Davy (NOMAD, Euronext Growth Advisor and Broker) |
+353 1 679 6363 |
|
Joe Heron, Murray Consultants |
+353 1 87 6909735 |
