Petro Matad Limited Result of EGM and Total Voting Rights (3124E)
February 08 2018 - 4:10AM
UK Regulatory
TIDMMATD
RNS Number : 3124E
Petro Matad Limited
08 February 2018
THIS ANNOUNCEMENT, IS RESTRICTED AND IS NOT FOR RELEASE,
PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA,
JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN
WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL.
This announcement is for information purposes only and does not
constitute any invitation, solicitation, recommendation,
prospectus, offering memorandum or an offer or advice to any person
to subscribe for, otherwise acquire or dispose of any securities in
Petro Matad Limited or any other entity in any jurisdiction.
Neither this announcement nor the fact of its distribution should
form the basis of, or be relied on in connection with, any
investment decision in respect of Petro Matad Limited or other
evaluation of any securities of Petro Matad Limited or any other
entity and should not be considered as a recommendation that any
investor should subscribe for or purchase any such securities.
8 February 2018
Petro Matad Limited
("Petro Matad" or the "Company")
Result of Extraordinary General Meeting
Total Voting Rights
Petro Matad (AIM: MATD), the AIM-quoted Mongolian oil explorer
announces that all resolutions proposed at its Extraordinary
General Meeting held earlier today, as set out in the Notice of
Extraordinary General Meeting dated 22 January 2018, were duly
passed by shareholders.
Accordingly, pursuant to the Fundraising announced on 19 January
2018, the Company is issuing 127,420,294 New Ordinary Shares
pursuant to the Placing and 59,167,335 New Ordinary Shares pursuant
to the Subscription, each at the Placing Price.
Application has been made for admission of the Placing Shares
and Subscription Shares to trading on AIM which is expected to
become effective, and dealings are expected to commence, at 8.00
a.m. on Friday, 9 February 2018, following which the Company will
have 519,845,881 Ordinary Shares in issue with voting rights. There
are no Ordinary Shares held in treasury. Therefore, the total
number of Ordinary Shares in the Company with voting rights will be
519,845,881 and Shareholders may use this figure as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or change to their interest
in, the share capital of the Company under the FCA's Disclosure
Guidance and Transparency Rules.
Enquiries:
Petro Matad Limited
+97 670 141 099 / +97
Mike Buck, CEO 675 751 099
Stockdale Securities Limited (Nominated Adviser
and Joint Bookrunner)
Richard Johnson
Andy Crossley
El Hanan Lee +44 (0) 20 7601 6100
Stifel Nicolaus Europe Limited (Joint Bookrunner)
Callum Stewart
Nicholas Rhodes
Ashton Clanfield +44 (0) 20 7710 7600
Pareto Securities AS (Joint Bookrunner)
Petter Sagfossen
Peter Gullestrup +47 (0) 22 87 87 00
FTI Consulting (Communications Advisory Firm)
Edward Westropp +44 (0)20 3727 1521
Capitalised terms used in this announcement and not otherwise
defined in the text of this announcement shall have the same
meanings as the definitions in the Company's announcement of the
Fundraising on 19 January 2018.
About Petro Matad
Petro Matad is the parent company of a group focussed on oil
exploration, as well as future development and production in
Mongolia. At the current time, Petro Matad holds the sole
operatorship of three production sharing contracts with the
Government of Mongolia. Block XX has an area of 10,340 km(2) in the
far eastern part of the country, and Blocks IV and V have an area
of 28,900 km2 and 21,100 km2, respectively, in the southwest part
of the country.
Petro Matad Limited is incorporated in the Isle of Man under
company number 001483V. Its registered office is at 6(th) Floor,
Victory House, Douglas, Isle of Man, IM1 1EQ.
This announcement is not for publication or distribution,
directly or indirectly, in or into the United States of America.
This announcement is not an offer of securities for sale into the
United States. The securities referred to herein have not been and
will not be registered under the U.S. Securities Act of 1933, as
amended, and may not be offered or sold in the United States,
except pursuant to an applicable exemption from registration. No
public offering of securities is being made in the United
States.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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