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Coro Energy PLC - Result of General Meeting

RNS Number : 6800X
Coro Energy PLC
20 December 2019
 

20 December 2019

 

Coro Energy plc

("Coro" or the "Company")

 

Result of General Meeting

 

Coro Energy plc, the Southeast Asian focused upstream oil and gas company, announces that the Resolution put to Shareholders at the General Meeting of the Company held earlier today, to enable Coro to divest of its entire Italian portfolio through the Disposal by the Group of Coro Europe, was duly passed.

 

The Disposal remains conditional on, inter alia, receipt of regulatory approvals, including the approval of the Italian Ministry of Economic Development. Further announcements in relation to the Disposal will be made, as appropriate, in due course.

 

The proxy votes cast prior to the General Meeting were as follows:

 

Resolution

For

%

Against

%

1

349,401,201

99.94

201,157

0.06

 

Unless otherwise defined in this announcement, all defined terms used in this announcement shall have the meaning ascribed to them in the Circular posted to Shareholders on 3 December 2019. 

 

 

For further information please contact:

 

Coro Energy plc

James Menzies, Chief Executive Officer

Andrew Dennan, Chief Financial Officer

 

 

Tel: 44 (0)20 3965 7917

 

 

 

Cenkos Securities plc (Nominated Adviser)

Ben Jeynes

Katy Birkin

 

 

Tel: 44 (0)20 7397 8900

Vigo Communications Ltd (IR/PR Advisor)

Patrick d'Ancona

Chris McMahon

 

Tel: 44 (0)20 7390 0230

Mirabaud Securities Ltd (Joint Broker)

Peter Krens

Ed Haig-Thomas

 

 

Tel: 44 (0)20 3167 7221

Turner Pope Investments (TPI) Ltd (Joint Broker)

Zoe Alexander

Andy Thacker

 

Tel: 44 (0)20 3657 0050

[email protected]

 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Coro Energy PLC

Price: 0.425

Market: AIM
Market Cap: £3.37 m
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