Oracle Power PLC Result of AGM (7351F)
July 16 2019 - 9:47AM
UK Regulatory
TIDMORCP
RNS Number : 7351F
Oracle Power PLC
16 July 2019
16 July 2019
Oracle Power PLC
("Oracle", the "Company" or the "Group")
Results of AGM
Oracle Power PLC (AIM:ORCP), the UK energy developer of a
combined lignite mineral resource and mine mouth power plant
located in the Thar desert in the south-east of Sindh Province,
Pakistan, announces today that it has held its Annual General
Meeting (the "AGM").
The Company advises that, further to its announcement earlier
today, resolution 4 was withdrawn from the business of the AGM.
The Directors of the Company confirm that all resolutions put to
shareholders at the AGM were duly passed.
At the AGM, Naheed Memon, CEO of Oracle, gave a short
presentation to shareholders, which included a statement that the
Company expects Financial Close to occur in the second half of
2020, which updates the previous expectation of Q4 2019.
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
For further information please contact:
Oracle Power PLC +44 (0) 20 3580
Naheed Memon 4316
Strand Hanson Limited (Nominated Adviser) +44 (0) 20 7409
Rory Murphy, James Harris, Jack Botros 3494
Brandon Hill Capital Limited (Joint
Broker) +44 (0) 20 3463
Oliver Stansfield 5000
Peterhouse Corporate Finance (Joint
Broker) +44 (0) 20 7220
Charles Goodfellow 9791
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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