5 Dec 2013 13:48
For immediate release | 5 December 2013 |
EGDON RESOURCES PLC
("Egdon" or "the Company")
Results of Annual General Meeting
The Directors of Egdon Resources plc are pleased to announce that at the Annual General Meeting held at the offices of Buchanan on 5 December 2013, all resolutions put before shareholders at the meeting were duly passed.
Among the Resolutions approved by shareholders at the meeting was a Special Resolution to effect a Share Capital Reorganisation whereby the Existing Ordinary Shares of 10 pence will be subdivided into 1 New Ordinary Share of 1 penny each and 9 Deferred Shares of 1 penny each. Application has been made to admit the New Ordinary Shares to trading on AIM. Admission of the New Ordinary Shares is expected to occur at 8.00 am on Friday 6 December 2013.
At the meeting, Managing Director Mark Abbott presented a review of the business. The presentation will be available and can be accessed from the Company's website: www.egdon-resources.com.
For further information please contact:
Egdon Resources plc
Mark Abbott, Jerry Field 01256 702292
Buchanan
Richard Darby, Gabriella Clinkard, Tom Hufton 020 7466 5000
Nominated Adviser and Broker - Cantor Fitzgerald Europe
David Porter, Rick Thompson (Corporate Finance) 020 7894 7000
Richard Redmayne (Corporate Broking)
Notes to Editors:
Egdon Resources plc (LSE: EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK and France.
Egdon currently holds interests in thirty licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets. Egdon is an approved operator in both the UK and France.
Egdon was formed in 1997 and listed on AIM in December 2004.