9th May 2008 12:29
D1 Oils Plc09 May 2008 D1 Oils plc Result of EGM Further to the announcement of 9 April 2008 in connection with the proposedplacing of 64,384,000 new Ordinary Shares in the capital of the Company (the'Placing'), the Board of D1 Oils plc (the 'Company') today announces that theresolutions, in connection with the Placing, were duly passed, by the requisitemajorities, at the Extraordinary General Meeting of the Company, held at 11.00amthis morning. Application has been made for 64,384,000 new Ordinary Shares of 1p each to beadmitted to trading on AIM and dealings are expected to commence on 12 May 2008. Contacts D1 OilsGraham Prince, Head of Corporate CommunicationsTel: +44 (0) 1642 755580Mobile: +44 (0) 7973 323840 Brunswick GroupMark AntelmeTel: +44 (0) 20 7404 5959 Dresdner KleinwortDavid Hutchison, Managing DirectorKeith Welch, Vice PresidentTel: +44 (0) 20 7623 8000 Notes to Editors D1 Oils plc is a biofuels technology company. Our strategy is to develop newenergy crops into sustainable commercial fuels. We provide technology andservices for the breeding, development, planting and harvesting of new varietiesof commercial biofuel crops, focusing on alternative, sustainable feedstocksthat are not subject to the same price pressures as food-grade crops. We have anestablished plant science and planting programme for Jatropha curcas, a robust,tropical oilseed bearing tree. Jatropha produces inedible oil feedstock forbiodiesel and is able to make use of land not suitable for arable agriculture.Dresdner Kleinwort Limited and Dresdner Kleinwort Securities Limited, who are authorised and regulated by the Financial Services Authority, and Dresdner Bank AG, London Branch, which is authorised by BAFin and by the Financial Services Authority and which is regulated by the Financial Services Authority for the conduct of designated investment business in the United Kingdom, are acting for the Company and for no one else in connection with the Placing and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Dresdner Bank AG, London Branch, Dresdner Kleinwort Securities Limited and Dresdner Kleinwort Limited, or for affording advice in relation to the Placing, or any other matters referred to herein. The responsibilities of Dresdner Kleinwort Limited, as Nominated Adviser under the AIM Rules, are owed solely to the London Stock Exchange and are not owed to the Company or to any of the Directors. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
NEOS.L