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Result of EGM

19th Nov 2012 11:15

RNS Number : 4392R
Petroneft Resources PLC
19 November 2012
 

PetroNeft Resources plc

("PetroNeft" or the "Company")

 

Result of Extraordinary General Meeting

 

The board of PetroNeft is pleased to announce that all resolutions proposed to shareholders at the Company's extraordinary general meeting held in Dublin on 19 November 2012 were duly passed.

 

As a result, the placing announced on 25 October 2012, raising approximately US$17.25 million, has now been completed, subject only to admission of the Second Tranche Placing Shares to trading on AIM and ESM. Application has been made to the London Stock Exchange and the Irish Stock Exchange for the Second Tranche Placing Shares and the Macquarie Shares, consisting of 174,416,705 and 12,511,495 ordinary shares respectively, to be admitted to trading on AIM and ESM. Admission of such ordinary shares is expected to occur on Tuesday 20 November 2012.

 

Unless otherwise specified, the capitalised terms used in this announcement shall have the same meaning as those defined in the announcement dated 25 October 2012.

 

Ends.

 

Contact:

 

Paul Dowling, CFO, PetroNeft Resources plc

+353 1 6470280

 

 

 

 

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