The Gathering Storm17 Sep 2021 11:18
Europa
Public Company Director Stephen Williams Non Ex appointed 12th March 2020
28.10.2020 Annual Results snapshot
Highlights
First oil at Wressle set to commence 500bpd in late 2020
Total non cash write off of £4M
Cash balance £800K 2019 £2.9M
Chairman says In the absence of Wressle production in 2020 more funding would be required.
Stephen Williams RBD director 141,131 Ordinary shares + 1,200,000 share options
Salary £10K Share based payment £3K
19.2.2021 New shares allotted 38,461,538 price paid 0.013p
8.3.2021 New shares allotted 83,313,848 price paid 0.013p
Result of AGM 28.1.2021 All resolutions and votes cast for and against published.
Result of GM 4.3.2021 All resolutions and votes cast for and against published.
QCA Governance Review
The QCA has published its AIM Good Governance Review 2020/21, which analyses the governance disclosures of small and mid-sized quoted companies, with a particular focus on responses to COVID-19 and expectations of investors this year in relation to environmental, social and governance, remuneration, and general governance disclosures. The QCA notes that, whilst overall there were high levels of transparency and compliance, there were a notable low points, such as the disclosures on general meeting vote outcomes, and board performance evaluation.
*In my opinion Stephen Williams a director of Reabold Resources (who have also signed up to the principles of QCA) should copy what the board of Europa do with respect to the QCA final sentence, re disclosures of general meeting voting outcomes. Europa 10/10 Reabold 0/10 points awarded for shareholder transparency.
Next week Rathlin