29th Aug 2014 17:06
29 August 2014
PetroNeft Resources plc
("PetroNeft" or the "Company")
Annual General Meeting
The 2014 Annual General Meeting of the Company was held in Dublin earlier today. Resolutions 1 to 5 were duly approved by shareholders by way of show of hands.
The Chairman called for a poll in relation to resolutions 6, 7 and 8.
Resolution 6 relating to the increase of the authorised share capital of the Company was duly approved by shareholders.
Resolutions 7 and 8 relating to the Boards ability to allot shares and to disapply pre-emption rights in certain limited circumstances were both proposed as special resolutions which require approval of shareholders representing not less than 75% of votes cast. These resolutions did not achieve the sufficient majority and therefore were not passed.
A new shareholder presentation has been uploaded to the Company website at: www.petroneft.com/investor-relations/presentations/
For further information, contact:
Dennis Francis, CEO, PetroNeft Resources plc | +353 1 443 3720 |
Paul Dowling, CFO, PetroNeft Resources plc | +353 1 443 3720 |
John Frain/Brian Garrahy, Davy (NOMAD and Joint Broker)
| +353 1 679 6363 |
Henry Fitzgerald-O'Connor, Canaccord Genuity Limited (Joint Broker)
| +44 207 523 8000 |
Martin Jackson/Shabnam Bashir, Citigate Dewe Rogerson | +44 207 638 9571 |
Joe Murray/Joe Heron, Murray Consultants | +353 1 498 0300 |
Related Shares:
PTR.L