Result of General Meeting

RNS Number : 6800X

Coro Energy PLC

20 December 2019

 

20 December 2019

Coro Energy plc

("Coro" or the "Company")

Result of General Meeting

Coro Energy plc, the Southeast Asian focused upstream oil and gas company, announces that the Resolution put to Shareholders at the General Meeting of the Company held earlier today, to enable Coro to divest of its entire Italian portfolio through the Disposal by the Group of Coro Europe, was duly passed.

The Disposal remains conditional on, inter alia, receipt of regulatory approvals, including the approval of the Italian Ministry of Economic Development. Further announcements in relation to the Disposal will be made, as appropriate, in due course.

The proxy votes cast prior to the General Meeting were as follows:

Resolution	For	%	Against	%
1	349,401,201	99.94	201,157	0.06

Unless otherwise defined in this announcement, all defined terms used in this announcement shall have the meaning ascribed to them in the Circular posted to Shareholders on 3 December 2019. 

For further information please contact:

Coro Energy plc James Menzies, Chief Executive Officer Andrew Dennan, Chief Financial Officer	Tel: [phone]
Cenkos Securities plc (Nominated Adviser) Ben Jeynes Katy Birkin	Tel: [phone]
Vigo Communications Ltd (IR/PR Advisor) Patrick d'Ancona Chris McMahon	Tel: [phone]
Mirabaud Securities Ltd (Joint Broker) Peter Krens Ed Haig-Thomas	Tel: [phone]
Turner Pope Investments (TPI) Ltd (Joint Broker) Zoe Alexander Andy Thacker	Tel: [phone] [e-mail]

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

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