31 Jan 2020 15:22
InfraStrata plc
("InfraStrata" or the "Company")
Result of AGM
InfraStrata plc (AIM: INFA), the UK quoted company focused on strategic infrastructure projects and physical asset life-cycle management, is pleased to announce that at its annual general meeting held earlier today, all resolutions were duly passed on a show of hands. The table below summarises proxy votes received ahead of the meeting:
Resolution | No. of votes for | Votes for as % of votes cast | No. of votes against | Votes against as % of votes cast | Total votes cast (excluding votes withheld) | No. of votes withheld |
1 | 1,155,760,070 | 100.00% | 0 | 0.00% | 1,155,760,070 | 7,500 |
2 | 1,151,406,260 | 99.62% | 4,353,810 | 0.38% | 1,155,760,070 | 7,500 |
3 | 1,155,758,070 | 100.00% | 2,000 | 0.00% | 1,155,760,070 | 7,500 |
4 | 1,155,760,070 | 100.00% | 0 | 0.00% | 1,155,760,070 | 7,500 |
5 | 1,155,760,070 | 100.00% | 0 | 0.00% | 1,155,760,070 | 7,500 |
6 | 1,151,140,705 | 99.62% | 4,385,359 | 0.38% | 1,155,526,064 | 241,506 |
Votes which have been cast at the discretion of the Chairman have been counted as votes for the resolutions. Votes withheld are not votes in law and do not count in the number of votes counted for or against a resolution.
For further information, please visit www.infrastrataplc.com or contact:
InfraStrata plc John Wood, Chief Executive
| c/o Newgate Communications +44 (0)20 3735 8825
|
Allenby Capital Limited (AIM Nominated Adviser & Joint Broker) Jeremy Porter / Liz Kirchner
| +44 (0)20 3328 5656 |
Arden Partners plc (Joint Broker) Paul Shackleton / Dan Gee-Summons (Corporate Finance) Simon Johnson (Corporate Broking)
| +44 (0)20 7614 5900 |
Newgate Communications (PR) Elisabeth Cowell/ Ian Silvera/Jamie Williams
| +44 (0)20 3757 6880 |
Notes to editors:
InfraStrata is a London Stock Exchange-quoted group focused on strategic infrastructure projects.
The rapid development of the 100% owned Islandmagee Gas Storage Project is a core workstream for InfraStrata. It is expected to provide 25% of the UK's natural gas storage capacity and to benefit the Northern Ireland economy as a whole when complete. Given that the Committee on Climate Change has advised that the UK will still need a significant quantity of natural gas by 2050 - about 70% of today's consumption - the market opportunity for this project is compelling.
The Company also owns and operates the assets of Harland & Wolff in Belfast, where it will undertake the fabrication work for the Islandmagee project, as well as establish secondary revenue streams through the provision of services to the energy, maritime and defence sectors should such opportunities arise in future.
Mindful of the fact that safe, secure and flexible sources of energy are needed for a sustainable future, InfraStrata is focused on providing investors with exposure to a growing portfolio of UK, European and international energy infrastructure projects. With this in mind, the Company's highly experienced team is focused on acquiring, developing and commercialising innovative infrastructure projects around the world.
The Front-End Engineering & Design (FEED) and Insitu Downhole Testing programme for the Islandmagee Gas Storage Project is co-financed by the European Union's Connecting Europe Facility.
Disclaimer releasing the European Union from any liability in terms of the content of the dissemination materials:
"The sole responsibility of this publication lies with the author. The European Union is not responsible for any use that may be made of the information contained therein."
INFA.L (INFA)