28 Jun 2018 15:55
28 June 2018
EDENVILLE ENERGY PLC
("Edenville" or the "Company")
Result of AGM
Edenville Energy plc (AIM: EDL), the company developing a coal project located in southwest Tanzania, announces that at its Annual General Meeting ("AGM") held earlier today all resolutions put to shareholders, being resolutions one, two and three were duly passed.
Resolutions four and five relating to the potential future issue of new ordinary shares in the Company and the disapplication of pre-emption rights were withdrawn by the Company and not put to the meeting. The directors of the Company took the decision not to put these resolutions to shareholders to remove any uncertainty in the market about future equity fundraising plans by the Company. Any future equity fundraising by the Company will now require shareholder approval.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
Edenville Energy Plc Jeff Malaihollo - Chairman Rufus Short - CEO | +44 (0) 20 3934 6630 |
Northland Capital Partners Limited (Nominated Adviser and Broker) David Hignell John Howes Jamie Spotswood
|
+44 (0) 20 3861 6625 |
Optiva Securities Limited (Broker) Jeremy King Graeme Dickson
| +44 (0) 20 3137 1902 |
IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring Heather Armstrong
| +44 (0) 20 3934 6630 |