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Result of AGM

27th Jun 2019 13:22

RNS Number : 6879D
President Energy PLC
27 June 2019
 

27 June 2019

 

PRESIDENT ENERGY PLC

("President", "the Company", or "the Group")

 

Result of AGM

President is pleased to announce that all resolutions proposed to shareholders at the Company's AGM held at 11.00am today were duly passed.

Contact:

 

President Energy PLC

Peter Levine, Executive Chairman

Rob Shepherd, Group FD

+44 (0) 207 016 7950

finnCap (Nominated Advisor)

Christopher Raggett, Scott Mathieson

+44 (0) 207 220 0500

Panmure Gordon (Joint Broker)

 +44 (0) 207 886 2500

Charles Lesser, Dominic Morley

Whitman Howard (Joint Broker)

+44 (0) 207 659 1234

Hugh Rich, Grant Barker

Tavistock (Financial PR)

+44 (0) 207 920 3150

Nick Elwes, Simon Hudson

 

Notes to Editors

 

President Energy is an oil and gas company listed on the AIM market of the London Stock Exchange (PPC.L) primarily focused in Argentina, with a diverse portfolio of operated onshore producing and exploration assets.

 

The Company has operated interests in the Puesto Flores, Estancia Vieja, Puesto Prado and Las Bases Concessions, Rio Negro Province as well as in the Neuquén Basin of Argentina and in the Puesto Guardian Concession, in the Noroeste Basin in NW Argentina. Alongside this, President Energy has cash generative production assets in Louisiana, USA and further significant exploration and development opportunities through its acreage in Paraguay and Argentina.

 

The Group is also actively pursuing value accretive acquisitions of high-quality production and development assets in Argentina capable of delivering positive cash flows and shareholder returns. With a strong institutional base of support, including the IFC, part of the World Bank Group, an in-country management team as well as a Board whose interests are aligned to those of its shareholders, President Energy gives UK investors rare access to the Argentinian growth story combined with world class standards of corporate governance, environmental and social responsibility.

This announcement contains inside information for the purposes of article 7 of Regulation 596/2014

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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