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18 Apr 2011 13:50
18 April 2011
Exillon Energy PLC
(the "Company")
Result of Extraordinary General Meeting and Change in Total Voting Rights
Result of Extraordinary General Meeting
Further to the Company's announcements on 29 March 2011 and 30 March 2011 in relation to the placing of 23,438,000 new ordinary shares in the capital of the Company at a price of 400 pence per share (the "Placing"), the Company held an extraordinary general meeting on 18 April 2011 at 9.00 a.m (GMT) and the Company is pleased to announce that both the resolutions proposed in connection with the Placing were duly passed without amendment.
A poll was conducted on each resolution and the results are detailed below:
For/Discretion | Against | Total votes cast | Votes withheld* | |||
Resolution | No. of votes | % | No. of votes | % | No. of votes | No. of votes |
1. to authorise the Directors to allot shares in the Company | 114,249,683 | 99.78 | 249,725 | 0.22 | 114,499,408 | 317,304 |
2. to disapply pre-emption rights | 101,673,023 | 88.80 | 12,826,385 | 11.20 | 114,499,408 | 317,304 |
*A vote withheld is not a vote in law and is not counted in the calculation of votes validly cast for or against a resolution.
The full text of the resolutions is set out in the Notice of Extraordinary General Meeting contained in the Circular of the Company dated 30 March 2011. These documents have been submitted to the National Storage Mechanism.
It is expected that Admission of 23,438,000 new ordinary shares of US$0.0000125 each will become effective on 21 April 2011 and that dealings in the new ordinary shares will commence at 8.00 a.m. (GMT) on 21 April 2011.
Change in Total Voting Rights
In accordance with Disclosure and Transparency Rule 5.6.1A the Company notifies the following:
The Company's issued share capital as at 18 April 2011 is 161,510,911 ordinary shares of US$0.0000125 each with voting rights. This follows an issue of 23,438,000 new ordinary shares on 18 April 2011. The Company does not hold any shares in treasury.
The above figure of 161,510,911 ordinary shares may be used by shareholders as the denominator for the calculation by which they are required to notify their interest in, or a change to their interest in the Company under the FSA's Disclosure and Transparency Rules.
Thomas Johnson
Company Secretary
More information about Exillon Energy Plc is available on its website at: www.exillonenergy.com.
Contact details:
Tom Blackwell
Blackwell@mcomgroup.com +44 207 920 2330
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