23rd Jul 2009 14:26
23 July 2009
D1 Oils plc
Result of Annual General Meeting
D1 Oils plc ("D1" or "the Company") today held its Annual General Meeting. The meeting transacted the following business and all the resolutions put to the meeting were passed. Ordinary Business: 1. Ordinary resolution - the Annual Report and Accounts for the period ending 31 December 2008 were adopted 2. Ordinary resolution - Ernst & Young LLP were re-appointed as auditors to the Company and the Directors were authorised to fix their remuneration 3. Ordinary resolution - Brian Alan Myerson was re-appointed as a Director 4. Ordinary resolution - Benjamin Richard Good was re-appointed as a Director 5. Ordinary resolution - Henk Jean Pierre Joos was re-appointed as a Director Special business:6. Ordinary resolution - Relevant political donations and expenditure were approved7. Ordinary resolution - The Directors were authorised to allot unissued shares in the capital of the company up to the value of £241,190.89 in connection with the option and relationship agreement between the Company and BP International Limited
8. Ordinary resolution - The Directors were authorised (by way of updated general authority) to allot relevant securities
9. Special resolution - The Directors were given power to dis-apply the statutory pre-emption rights in respect of the allotment of un-issued shares in the capital of the Company up to an aggregate nominal value of £241,190.89 in connection with the option and relationship between the Company and BP International
10. Special resolution - the Directors given power (by way of updated general authority) to dis-apply the statutory pre-emption rights in respect of the allotment of unissued shares in the capital of the Company
Contacts
D1 Oils:
Graham Prince, Head of Corporate Communications
Tel: +44 (0) 20 7367 5600
Mobile: +44 (0) 7973 323840
Brunswick Group:
Camilla Gore / Kevin Byram
Tel: +44 (0) 20 7404 5959
Piper Jaffray:
Michael Covington / William Carnwath (Qualified Executive)
Tel: +44 (0) 20 3142 8700
Notes to Editors:
D1 Oils plc is an alternative energy crop company. We are pioneering the development of Jatropha curcas, a robust, tropical oilseed bearing tree, into a new sustainable energy crop that has the potential to replace food crops as a source of biodiesel. Jatropha is a hardy crop that is able to grow on a wide range of soils, including soils which are sub-optimal for arable agriculture. Its grain is crushed to produce inedible oil for biodiesel and meal that has the potential to be processed into a high-value, protein source for animal feed. We have an established plant science and planting programme for Jatropha, and we provide commercial technology and services to the emerging Jatropha sector, including the breeding and selection of Jatropha seeds and seedlings, the development of planting practices and husbandry methods, and the harvesting and processing of Jatropha oil and meal.
Related Shares:
NEOS.L