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Result of EGM

15th Oct 2009 11:51

RNS Number : 8407A
Petroneft Resources PLC
15 October 2009
 

PetroNeft Resources plc ("PetroNeft" or the "Company")

Result of Extraordinary General Meeting

The board of PetroNeft is pleased to announce that the resolution proposed to shareholders at the Company's extraordinary general meeting held in Dublin today was duly passed. 

As a result, the placing announced on 21 September 2009, raising approximately US$27.5 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 97,717,906 ordinary shares, to be admitted to trading on AIM and IEX respectively. Admission of such ordinary shares is expected to occur on Friday 16 October 2008.

Contacts

Dennis Francis, CEO, PetroNeft Resources plc

+353 1 443 3720

Paul Dowling, CFO, PetroNeft Resources plc

+353 1 443 3720

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