1 Oct 2019 12:46
1 October 2019
Hardy Oil and Gas plc
(LSE: HDY)
Result of Extraordinary General Meeting
On 22 August 2019, Hardy Oil and Gas plc ("Hardy" or the "Company") announced and published a shareholder circular including a notice of general meeting ("General Meeting") in connection with the proposed sale of Hardy Exploration & Production (India) Inc. ("HEPI") to Invenire Energy Private Ltd ("Invenire") ("Sale") and the transfer of listing segment of its shares on the Official List from a Premium Listing to a Standard Listing ("Transfer of Listing").
At the General Meeting of the Company held today the requisite shareholder approval was given by way of a poll to approve the Sale and authorise the Transfer of Listing.
The votes cast at the General Meeting were as follows:
| For | Against | Withheld | ||
Ordinary Resolution | Votes | % | Votes | % |
|
To approve the sale of HEPI to Invenire | 57,785,054 | 97.6 | 1,412,742 | 2.4 | nil |
Special Resolution |
|
|
|
|
|
To approve the transfer of the Company's listing category on the Official List from a Premium Listing to a Standard Listing | 57,785,054 | 97.6 | 1,412,742 | 2.4 | nil |
Having obtained the requisite shareholder approval, the Company expects the Sale to complete tomorrow (2 October 2019) and has submitted an application to the FCA to effect the Transfer of Listing on 30 October 2019.
For further information please visit www.hardyoil.com or contact:
Hardy Oil and Gas plc | 012 2461 2900 |
Ian MacKenzie, Chief Executive Officer Richard Galvin, Treasurer & Corporate Affairs Executive |
|
|
|
Arden Partners plc | 020 7614 5900 |
Ciaran Walsh Steve Douglas
|
|
Tavistock | 020 7920 3150 |
Simon Hudson Barney Hayward |
|
|
|