Last checked at 23 Jul 2015 17:50
EUROPA OIL & GAS (HOLDINGS) PLC - Result of General Meeting and Total Voting RightsEUROPA OIL & GAS (HOLDINGS) PLC - Result of General Meeting and Total Voting Rights
PR Newswire
London, July 23
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Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas
23 July 2015
Europa Oil & Gas (Holdings) plc
Result of General Meeting and Total Voting Rights
Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, is pleased to announce that at the Company’s General Meeting held earlier today, all resolutions put to shareholders were duly passed.
Accordingly it is expected that the admission of the 2,630,000 Conditional Placing Shares and the 17,374,987 Open Offer Shares and will become effective at 8.00 a.m. tomorrow, 24 July 2015 (“Admission”).
On Admission, the Company will have 244,888,011 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 244,888,011.
The above figure of 244,888,011 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 and Transparency Rules.
Directors’ shareholdings
The following Directors’ took part in the Open Offer. Their revised shareholdings are shown below:
| Director | Number of Open Offer Shares subscribed for | Number of Ordinary Shares held on Admission | Per cent. of Enlarged Share Capital held on Admission |
| Hugh Mackay | 166,666 | 2,507,549 | 1.02% |
| Roderick Corrie | 116,000 | 541,820 | 0.22% |
| Phil Greenhalgh | 83,333 | 520,973 | 0.21% |
| Colin Bousfield | 83,333 | 273,958 | 0.11% |
Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the Circular to Shareholders dated 6 July 2015.
Enquiries:
For further information please visit www.europaoil.com or contact:
| Hugh Mackay | Europa | + 44 (0) 20 7224 3770 |
| Phil Greenhalgh | Europa | + 44 (0) 20 7224 3770 |
| Matt Goode | finnCap Ltd | +44 (0) 20 7220 0500 |
| Simon Hicks | finnCap Ltd | +44 (0) 20 7220 0500 |
| Frank Buhagiar | St Brides Media and Finance Ltd | +44 (0) 20 7236 1177 |
| Lottie Brocklehurst | St Brides Media and Finance Ltd | +44 (0) 20 7236 1177 |
Notes
Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage hydrocarbon assets that includes production, exploration and development interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms. In H1/2015 Europa produced 144 boepd generating sufficient revenues to cover corporate overheads and some exploration expenditure. Its highly prospective exploration projects include the Wressle discovery (recently drilled and tested at an aggregate of 710 boepd from 4 zones) in the UK; 100% owned gas exploration prospect (107 bcf) and appraisal project (CPR 277 bcf) in onshore France a joint venture with Vermillion Energy also in onshore France; and a joint venture with leading independent Kosmos to explore two licences in offshore Ireland with the potential to host gross mean un-risked Prospective Resources approximately 1.7 billion barrels across both licences.