Results of Annual General Meeting

Enwell Energy PLC

12 June 2026

 

12 June 2026

Enwell Energy plc
("Enwell" or the "Company")

Results of Annual General Meeting

Enwell Energy plc (AIM: ENW), the AIM-quoted oil and gas exploration and production group, announces the results of the voting by poll on the resolutions put to its Annual General Meeting held this morning. All resolutions were passed, except for resolution 2. Pursuant to this resolution, Chuck Valceschini, Chairman, having retired as a director of the Company ("Director") by rotation in accordance with the Articles of Association of the Company, offered himself for re-election as a Director, but was not re-elected and hence has ceased to be a Director with immediate effect. Bruce Burrows will act as Chairman on an interim basis until a permanent replacement is appointed.

The poll results were as follows:

Resolution	Votes For*	% of votes cast**	Votes Against	% of votes cast**	Total votes cast**	Votes withheld**	% of issued share capital voted**
1.  To receive and consider the audited financial statements of the Company for the financial year ended 31 December 2025	300,575,056	99.99	40,550	0.01	300,615,606	7,075	93.76
2.  To re-elect Chuck Valceschini as a Director of the Company	35,547,892	11.82	265,068,914	88.18	300,616,806	5,875	93.76
3.  To re-elect Gehrig Schultz as a Director of the Company	266,178,997	88.54	34,437,809	11.46	300,616,806	5,875	93.76
4.  To reappoint Zenith Audit Ltd as auditor of the Company and to authorise the Directors to fix their remuneration	300,524,883	99.97	91,923	0.03	300,616,806	5,875	93.76
5. To approve the limited liability agreement between the Company and Zenith Audit Ltd as auditor	300,548,411	99.98	68,395	0.02	300,616,806	5,875	93.76
6.  To grant the Directors authority to allot shares, or grant rights to subscribe for, or convert any securities into shares	266,176,898	88.54	34,439,908	11.46	300,616,806	5,875	93.76
7.  To partially disapply statutory pre-emption rights in connection with an allotment of equity securities for cash	265,845,387	88.43	34,771,419	11.57	300,616,806	5,875	93.76
8.  To partially disapply statutory pre-emption rights in connection with an allotment of equity securities for an acquisition or other capital investment or follow-on offer	265,848,778	88.43	34,768,028	11.57	300,616,806	5,875	93.76

* - Votes "For" include votes giving the Chairman discretion.

** - A "Vote withheld" is not a vote in law and has not been counted in the calculation of the proportion of votes "For" and "Against" a resolution.

For further information, please contact:

Enwell Energy plc	Tel: [phone]
Bruce Burrows, Interim Chairman and Finance Director
Oleksiy Zayets, CEO
Strand Hanson Limited	Tel: [phone]
Rory Murphy / Matthew Chandler
Zeus Capital Limited	Tel: [phone]
Alex Slater (Corporate Finance)
Simon Johnson (Corporate Broking)
BlytheRay	Tel: [phone]
Tim Blythe / Matthew Bowld

 

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