RNS Out4 Jun 2018 12:33
Anglo African Oil & Gas PLC / Index: AIM / Epic: AAOG / Sector: Oil & Gas
ANGLO AFRICAN OIL & GAS PLC ("AAOG" or the "Company")
Result of General Meeting and Total Voting Rights
Anglo African Oil & Gas plc (AIM: AAOG), an independent oil and gas developer, is pleased to announce that, at the Company's General Meeting held at 11.00 a.m. today, the resolution proposed to the shareholders was duly passed, with over 99 per cent. of those votes cast in favour. Sister Holding SAS ("Sister") voted in favour of the resolution.
Accordingly, a total of 92,551,459 new ordinary shares of �0.05 each in the capital of the Company (the "Placing Shares") will be placed at a price of 8 pence per Placing Shares ("Placing Price") and it is expected that admission of the Placing Shares will become effective at 8.00 a.m. on 5 June 2018 ("Admission").
On Admission, the Company will have 162,056,024 Ordinary Shares in issue and there are no shares held in treasury. Therefore the Company's total number of Ordinary Shares with voting rights is 162,056,024 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
David Sefton, Executive Chairman of AAOG, said:
"I would like to thank all of those who supported the Placing. AAOG can now move forward to drill TLP-103. I also want to express thanks to Sister, who today voted in favour of the resolution and conveyed their support of the management team."
All capitalised terms not defined herein shall have the meanings ascribed to them in the announcement made on 17 May 2018 and confirmed in the Circular.
Sign In
Follow the stocks
