Xtract Resources plc Result of Meeting (2922Z)
March 13 2017 - 8:29AM
UK Regulatory
TIDMXTR
RNS Number : 2922Z
Xtract Resources plc
13 March 2017
For immediate release
13 March 2017
Xtract Resources Plc
("Xtract" or the "Company")
Result of General Meeting
The Board of Xtract Resources Plc ("Xtract" or the "Company") is
pleased to announce that at the General Meeting held earlier today,
both resolutions were passed as follows:
Resolution 1
An ordinary resolution granting authority to the Directors to
issue up to 16,963,064,156 Ordinary Shares (representing
approximately 85% of the issued share capital of the Company as at
the last practicable date prior to the date of this letter).
Resolution 1 was duly approved. Proxies in favour were received to
the level of 99.74%.
Resolution 2
A special resolution to disapply the Statutory Pre-Emption
Rights in relation to the Placing Shares which (in addition to
disapplying Statutory Pre-Emption Rights for pre-emptive issues and
for options), will also disapply the Statutory Pre-Emption Rights
in respect of the issue of up to 16,963,064,156 Ordinary Shares for
cash. Resolution 2 was duly approved. Proxies in favour were
received to the level of 99.65%.
Enquiries:
Xtract Resources Colin Bird, Executive +44 (0) 203
Plc Chairman 416 6471
Beaumont Cornish Michael Cornish +44 (0) 207
(Nominated Adviser) / Felicity Geidt 628 3369
Email: corpfin@b-cornish.co.uk
Beaufort Securities +44 (0) 207
(Broker) Jon Belliss 382 8300
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
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