THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT
IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS
STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014, AS
AMENDED ("MAR"). ON THE PUBLICATION OF THIS
ANNOUNCEMENT VIA A REGULATORY INFORMATION
SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN
THE PUBLIC
DOMAIN.
Igraine plc
AQSE:
KING
(“Igraine” or “the
Company”)
Result of Annual
General Meeting
Confirmation of
Exclusive Investment Rights with GEM
Energia
Confirmation of
Appointment of CEO and Board Role
Changes
The Company is pleased to announce that at its
Annual General Meeting held on Friday, 29
November 2024, all resolutions were duly
passed.
Accordingly, Shareholders have approved the
Exclusive Investment Rights over GEM Energia Limited ("GEM") and
its subsidiaries battery storage projects, including a right of
first refusal on all current and future battery storage projects
within GEM's portfolio.
David Levis will
now join the Board as Chief Executive Officer and will be
instrumental in managing and giving direction to the Investment
Right rights over
GEM’s battery energy storage projects.
Following David’s appointement as Chief Executive Officer,
Non-Executive Director Simon
Grant-Rennick has been appointed as Non-Executive Chairman
and Executive Director Stephen
Winfield has been appointed as Non-Executive
Director.
Capitalised terms in this announcement shall have
the same meaning as in the Circular. The Circular will remain
available on the Company website: https://igraineplc.com/
The Directors of the
Company accept responsibility for the contents of this
announcement.
Enquiries
Company:
Simon Grant-Rennick (Non-Executive
Chairman)
Simon@igraineplc.com
Steve Winfield (Non-Executive
Director)
Steve@igraineplc.com
Investor relations
: info@igraineplc.com
Aquis Growth Market
Corporate Adviser:
Peterhouse Capital
Limited
Tel: +44 (0) 207 469 0930