Company Announcements

Result of AGM

Source: RNS
RNS Number : 3847U
Reabold Resources PLC
28 June 2024
 

 

28 June 2023

Reabold Resources plc

("Reabold" or the "Company")

Results of Annual General Meeting

Reabold Resources plc, the investing company focussed on developing strategic gas projects for European energy security, is pleased to announce that the resolutions put to shareholders at its Annual General Meeting held earlier today were duly passed.

The votes cast for each of the resolutions put before the Annual General Meeting of Reabold were as follows:

Resolution

Votes For

%

Votes Against

%

Total votes cast (excluding withheld)

% of Issued Share Capital Voted*

Votes Withheld**

Resolution 1: Report and accounts

2,818,864,081

93.40

199,189,214

6.60

3,018,053,295

29.60%

13,746,275

Resolution 2: To re-elect Michael Felton as a director

2,817,868,573

92.94

213,914,567

7.06

3,031,783,140

29.74%

16,430

Resolution 3: To re-elect Marcos Mozetic as a director

2,818,025,424

92.95

213,757,716

7.05

3,031,783,140

29.74%

16,430

Resolution 4: Reappointment of auditors

2,905,194,871

96.24

113,618,489

3.76

3,018,813,360

29.61%

12,986,210

Resolution 5: Authority to allot shares up to a specified amount

2,784,086,139

92.24

234,358,846

7.76

3,018,444,985

29.61%

13,354,585

Resolution 6: Special resolution: Authority to allot a limited number of shares for cash free of pre-emption rights

2,782,286,139

91.86

246,483,385

8.14

3,028,769,524

29.71%

3,030,046

Resolution 7: Special resolution: To make market purchases of own shares

2,770,791,357

91.49

257,710,278

8.51

3,028,501,635

29.71%

3,297,935

*     Total voting rights of the shares in issue, excluding the 280,271,717 ordinary shares held in Treasury, was 10,194,413,490. Every shareholder has one vote for every ordinary share held.

**   Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.

For further information, contact:

 

Reabold Resources plc

Sachin Oza

Stephen Williams

 

c/o Camarco

+44 (0) 20 3757 4980

 

 

Strand Hanson Limited - Nominated & Financial Adviser

James Spinney

James Dance

Rob Patrick

 

Cavendish - Broker

Neil McDonald

Pearl Kellie

 

+44 (0) 20 7409 3494

 

 

 

 

 +44 (0) 20 7220 0500

Camarco

Billy Clegg

Rebecca Waterworth

Sam Morris

 

+44 (0) 20 3757 4980

 

 

Notes to Editors

 

Reabold Resources plc has a diversified portfolio of exploration, appraisal and development oil & gas projects. Reabold's strategy is to invest in low-risk, near-term projects which it considers to have significant valuation uplift potential, with a clear monetisation plan, where receipt of such proceeds will be returned to shareholders and re-invested into further growth projects. This strategy is illustrated by the recent sale of the undeveloped Victory gas field to Shell, the proceeds of which are being returned to shareholders and re-invested.

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