29 Jun 2017 13:45
29 June 2017
Eland Oil & Gas PLC
("Eland" or the "Company")
Result of Annual General Meeting
Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce that all resolutions put to shareholders at the Company's Annual General Meeting yesterday were duly passed.
Set out below are the voting proxies in respect of the resolutions received by the Company at the close of register at midday on 27 June 2017. The number of voting ordinary shares in issue at that date was 220,164,155.
Resolution | For | % | Against | % | Total Votes Cast (excl. Votes Withheld) | Withheld |
Resolution 1 REPORTS AND ACCOUNTS | 123,685,320 | 100.00 | 0 | 0.00 | 123,685,320 | 1,000 |
Resolution 2 RE-ELECT GEORGE MAXWELL | 123,685,320 | 100.00 | 0 | 0.00 | 123,685,320 | 1,000 |
Resolution 3 ELECT HENRY OBI | 123,685,320 | 100.00 | 0 | 0.00 | 123,685,320 | 1,000 |
Resolution 4 RE-APPOINT AUDITOR | 123,685,320 | 100.00 | 0 | 0.00 | 123,685,320 | 1,000 |
Resolution 5 AUDITOR'S REMUNERATION | 123,685,320 | 100.00 | 0 | 0.00 | 123,685,320 | 1,000 |
Resolution 6 ALLOT SHARES | 123,685,320 | 100.00 | 0 | 0.00 | 123,685,320 | 1,000 |
Resolution 7 ALLOT EQUITY SECURITIES | 117,887,466 | 95.31 | 5,797,854 | 4.69 | 123,685,320 | 1,000 |
Resolution 8 MAKE MARKET PURCHASES | 123,685,320 | 100.00 | 0 | 0.00 | 123,685,320 | 1,000 |
Eland Oil & Gas PLC (+44 (0)1224 737300)
www.elandoilandgas.com
George Maxwell, CEO
Olivier Serra, CFO
Finlay Thomson, IR
Canaccord Genuity Limited (+44 (0)20 7 523 8000)
Henry Fitzgerald O'Connor / James Asensio
Panmure Gordon (UK) Limited (+44 (0)20 7 886 2500)
Adam James / Atholl Tweedie
Tom Salvesen
Camarco (+44 (0) 203 757 4980)
Billy Clegg / Georgia Edmonds