Result of AGM

RNS Number : 8715E

Anglo Pacific Group PLC

13 April 2011

 

News Release

April 13, 2011

Anglo Pacific Group PLC

Results of Annual General Meeting (AGM)

Anglo Pacific Group PLC ('the Company', 'Anglo Pacific') (LSE: APF) (TSX: APY) is pleased to announce that at the Annual General Meeting the Company held on April 13, 2011 ordinary resolutions were passed to authorise scrip dividends, pay a final dividend of 5.10p per share and obtain authority to allot new shares from unissued share capital under section 551 of the Companies Act 2006.  Special resolutions to authorise the allotment for cash of new equity shares or from treasury, to authorise the Company to make one or more market purchases of its own shares and to adopt new Articles of Association were also passed.

All resolutions were passed unanimously on a show of hands. There were no polls.  The details of the proxy votes cast will be available on the Company's website.

The Company also wishes to announce that Chris Orchard, Chief Investment Officer, bought on April 13, 2011 5,206 shares in the Company at a price of 317.86p per share.  Following this notification his revised beneficial interest in the Company is now 352,245 shares representing approximately 0.32% of the issued ordinary share capital.

For further information:

Anglo Pacific Group PLC                                                                                   [phone]

Peter Boycott, Chairman

Matthew Tack, Finance Director

Liberum Capital                                                                                                  [phone]

Chris Bowman

Christopher Kololian

Scott Harris                                                                                                        [phone]

Stephen Scott

James O'Shaughnessy

Website:                                                                                                    www.anglopacificgroup.com

Important notice

This news release contains forward-looking statements based on assumptions and reflects Anglo Pacific's expectations, estimates and projections of future events as of the date of this release. Forward-looking statements include, without limitation, statements regarding the performance, prospects, opportunities, priorities, targets, goals, objectives, strategies, growth and outlook of Anglo Pacific. Often, but not always, forward-looking statements can be identified by the use of words such as "expects", "anticipates", "plans", "believes", "estimates", "seeks", "intends", "targets", "projects", "forecasts", or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

Forward-looking statements are based upon certain material factors and assumptions that were applied in drawing a conclusion or making a forecast or projection, including assumptions and analyses made by Anglo Pacific in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that are believed to be appropriate in the circumstances. Also, forward-looking statements involve known and unknown risks, uncertainties and other factors that are beyond the Company's control and which may cause the actual results, performance or achievement to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such material factors and assumptions and risks and uncertainties include, among others, those described in the Company's annual information form dated as at June 29, 2010 (available on Anglo Pacific's website and at www.sedar.com), which are incorporated by reference into this release and qualify any and all forward-looking statements made in this release.

Although Anglo Pacific has attempted to identify factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that actual results will be consistent with these forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements herein relate only to events or information as of the date on which the statements are made and, except as specifically required by law, Anglo Pacific undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise.

 

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