24th Apr 2009 10:29
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For immediate release |
24 April 2009 |
Hardy Oil and Gas plc
("Hardy" or "the Company")
Result of Extraordinary General Meeting
On 1 April 2009 Hardy Oil and Gas plc announced the conditional placing of 6,208,997 new ordinary shares of $0.01 each (the "Placing Shares") in the Company (the "Placing"). The Placing is, inter alia, conditional upon the Company obtaining shareholder approval to disapply pre-emption rights. In this connection, an Extraordinary General Meeting ("EGM") of Hardy shareholders was held at 10.00 a.m. today.
Hardy is pleased to announce that the special resolution to disapply the pre-emption rights (the "Resolution"), in respect of an additional 3,116,052 ordinary shares representing 5% of the issued share capital of the Company, was approved at the EGM.
Application has been made today to the UK Listing Authority and to London Stock Exchange for the Placing Shares, to be admitted to the Official List maintained by the UK Listing Authority, and to be admitted to trading by the London Stock Exchange on its market for listed securities. It is expected that admission will become effective on Monday 27 April 2009.
A copy of the Resolution is being sent to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility which is located at: Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS (Tel: 020 7066 1000).
For further information please contact:
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Hardy Oil and Gas plc |
020 7471 9850 |
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Sastry Karra |
(Chief Executive) |
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Yogeshwar Sharma |
(Chief Operating Officer) |
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Dinesh Dattani |
(Finance Director) |
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Arden Partners plc |
020 7398 1600 |
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Richard Day Matthew Armitt |
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Buchanan Communications Mark Edwards Ben Willey |
020 7466 5000 |
Related Shares:
HDY.L