SDX Energy PLC Result of AGM (7790N)
May 22 2020 - 6:00AM
UK Regulatory
TIDMSDX
RNS Number : 7790N
SDX Energy PLC
22 May 2020
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY
SDX TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET
ABUSE REGULATION (EU) NO. 596/2014 ("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.
22 May 2020
SDX ENERGY PLC ("SDX" or the "Company")
Result of AGM
SDX Energy Plc (AIM: SDX), the MENA-focused oil and gas company,
is pleased to announce that at the Annual General Meeting ("AGM")
of the Company held on 22 May 2020 all of the resolutions set out
in the Company's Notice of AGM dated 27 April 2020 were duly passed
on a poll with the results as stated below:
Resolutions Outcome For Against
of vote % %
Ordinary resolutions
1. Reports and Accounts Passed 100.00% 0.00%
---------- -------- --------
2. Directors' Remuneration Report Passed 91.26% 8.74%
---------- -------- --------
3. Re-election of Michael Edmond
Doyle Passed 100.00% 0.00%
---------- -------- --------
4. Re-election of Mark Reid Passed 100.00% 0.00%
---------- -------- --------
5. Re-election of Timothy James
Thornton Linacre Passed 100.00% 0.00%
---------- -------- --------
6. R e-election of David John
Woodhams Mitchell Passed 99.03% 0.97%
---------- -------- --------
7. E lection of Nicholas James
Box Passed 100.00% 0.00%
---------- -------- --------
8. E lection of Amr Al Menhali Passed 90.43% 9.57%
---------- -------- --------
b9. E lection of Catherine Elizabeth
Ann Stalker Passed 100.00% 0.00%
---------- -------- --------
10. Re-a ppointment of PricewaterhouseCoopers
LLP as auditor Passed 99.99% 0.01%
---------- -------- --------
11. Authority to agree auditor's
remuneration Passed 100.00% 0.00%
---------- -------- --------
12. Authority to allot shares Passed 100.00% 0.00%
---------- -------- --------
Special resolutions
13. Disapplication of pre-emption
rights Passed 100.00% 0.00%
---------- -------- --------
14. Authority for market purchase
of own shares Passed 99.03% 0.97%
---------- -------- --------
About SDX
SDX is an international oil and gas exploration, production and
development company, headquartered in London, United Kingdom, with
a principal focus on MENA. In Egypt, SDX has a working interest in
four producing assets: a 55% operated interest in the South Disouq
gas field in the Nile Delta, a 50% non-operated interest in each of
the North West Gemsa and West Gharib concessions, which are located
onshore in the Eastern Desert, adjacent to the Gulf of Suez and a
12.75% non-operated interest in the South Ramadan concession
offshore Gulf of Suez. In Morocco, SDX has a 75% working interest
in the Sebou concession, situated in the Gharb Basin. The producing
assets in Morocco are characterised by attractive gas prices and
exceptionally low operating costs. SDX has a strong weighting of
fixed price gas assets in its portfolio with low operating costs
and attractive margins throughout, providing resilience in a low
commodity price environment. SDX's portfolio also includes high
impact exploration opportunities in both Egypt and Morocco.
For further information, please see the Company's website at
www.sdxenergy.com or the Company's filed documents at www.sedar.com
.
For further information:
SDX Energy Plc
Mark Reid
Chief Executive Officer
Tel: +44 203 219 5640
Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker)
Callum Stewart
Simon Mensley
Ashton Clanfield
Tel: +44 (0) 20 7710 7600
Cantor Fitzgerald Europe (Joint Broker)
David Porter
Tel: +44 (0) 207 7894 7000
Peel Hunt LLP (Joint Broker)
Richard Crichton
David McKeown
Tel: +44 (0) 207 418 8900
Camarco (PR)
Billy Clegg/Owen Roberts/Violet Wilson
Tel: +44 (0) 203 757 4980
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
RAGZZGZKGZVGGZM
(END) Dow Jones Newswires
May 22, 2020 07:00 ET (11:00 GMT)
Sdx Energy (LSE:SDX)
Historical Stock Chart
From May 2024 to Jun 2024
Sdx Energy (LSE:SDX)
Historical Stock Chart
From Jun 2023 to Jun 2024