Result of Annual General Meeting

Summary by AI BETAClose X

Predator Oil & Gas Holdings Plc announced that all resolutions were passed at its Annual General Meeting, with strong support for the 2025 Report & Accounts (98.64% for), re-appointment of auditors (98.31% for), re-election of Carl Kindinger (94.92% for), and authority for directors to allot shares (94.24% for).

Disclaimer*

Predator Oil & Gas Holdings PLC
14 October 2026
 

FOR IMMEDIATE RELEASE

 

14 October 2026

 

                          Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD / Sector: Oil & Gas

Predator Oil & Gas Holdings Plc

("Predator" or the "Company" and together with its subsidiaries "the Group")

 

 

Result of Annual General Meeting

 

At the Annual General Meeting of Predator Oil & Gas Holdings Plc held earlier today, all resolutions were duly passed.

 

Resolution No.

For

% of votes cast

Against

% of votes cast

1. Receipt of 2025 Report & Accounts

156,527,981

98.64%

1,840,699

1.16%

2. Re-appointment of auditors and authority for the Directors to determine the auditors' remuneration

155,248,998

98.31%

2,680,261

1.69%

3. Re-election of Carl Kindinger

149,657,257

94.92%

8,022,001

5.08%

4 Authority for the directors to allot Ordinary Shares

149,132,405

94.24%

9,123,443

5.76%

 

 

 

Follow the Company on X @PredatorOilGas.

This announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 on market abuse.

 

For more information please visit the Company's website at www.predatoroilandgas.com: 

 

Enquiries:

Predator Oil & Gas Holdings Plc

Paul Griffiths                Chief Executive Officer

 

Tel: +44 (0) 1534 834 600

Info@predatoroilandgas.com

 

Crest Corporate Broking*

 

Jerry Keen

 

AlbR Capital Limited

David Coffman / Jon Belliss

 

OAK Securities

 

Tel: +44 (0)203 973 3678

 

Tel: +44 (0)207 469 0930

 

 

Tel: +44 (0) 20 3973 3678

 

 

 

Flagstaff Strategic and Investor Communications

Tim Thompson 

Alison Alfrey

Fergus Mellon

 

*Crest Corporate Broking is a trading name of CAL Investments Limited, which is Authorised and Regulated by the Financial Conduct Authority (FRN: 114008).

 

Tel: +44 (0)207 129 1474

 predator@flagstaffcomms.com

Notes to Editors:   

Predator is an oil & gas company with a portfolio of assets including unique and highly prospective onshore Moroccan gas exposure and production, appraisal and exploration projects onshore Trinidad.

Morocco offers a potentially faster route to commercialisation of shallow biogenic gas through a CNG or micro-LNG development. The structure penetrated by the MOU-1 and MOU-3 wells is currently defined by the Company as having the best hydrocarbon potential and remains a  key focus for the Company and its shareholders for further appraisal and potential development. The Company is committed to partnering with entities capable of supporting a future development decision and who have already identified the opportunity as one warranting the execution of a Collaboration Agreement and a Memorandum of Understanding. Moroccan gas prices are high, and the fiscal terms are some of the best in the world. The presence of gas export infrastructure adjacent to the MOU-1 and MOU-3 structure allows for a scalable gas development after initial CNG or micro-LNG gas production over time establishes the extent of connected gas volumes and the capability of reservoirs to deliver at plateau rates over time.    

Trinidad offers the security of a mature onshore oil province that has been producing hydrocarbons for over 50 years. Predator has assembled a portfolio of onshore producing fields with opportunities for production enhancement and additional infill development and appraisal drilling. Significant legacy tax losses, economies of scale and the application of new low-cost technologies are factors that can improve profit margins per barrel of oil produced.  A Master Services Agreement with local operator NABI Construction relieves the Company of the burden and costs of operating the fields and executing drilling and heavy well workovers. In return the Company receives 30% of gross sales revenues for which it can use its acquired tax losses to substantially reduce Petroleum Profit Tax from 50% to an effective rate of 12.5%.

Predator has an experienced technical, financial and legal management team with particular knowledge of the Moroccan and Trinidad sub-surface and operations and an ability to complete M & A transactions in Trinidad and receive regulatory approvals in a timely manner and without any unnecessary advisory fees for transactions.  The Company’s strategy is to operate at a much reduced overhead compared to other operators with portfolios of assets of similar extent to maintain competitiveness.

Predator Oil & Gas Holdings plc is listed on the Equity Shares (transition) category of the Official List of the London Stock Exchange's main market for listed securities (symbol: PRD).

For further information, visit www.predatoroilandgas.com

 

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