REG - ADM Energy PLC - Result of Annual General Meeting

Adm EnergyAnnouncement

25/07/2023 10:45

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RNS Number : 1156H  ADM Energy PLC  25 July 2023

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE
EUROPEAN UNION (WITHDRAWAL) ACT 2018). UPON THE PUBLICATION OF THIS
ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC
DOMAIN.

 

25 July 2023

 

ADM Energy PLC

("ADM" or the "Company")

Result of Annual General Meeting

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing
company, announces that at the Annual General Meeting of the Company held
earlier today, all resolutions were duly passed.

 

Enquiries:

 

 ADM Energy plc                                       +44 20 7459 4718
 Oliver Andrews, Chairman
 www.admenergyplc.com (http://www.admenergyplc.com/)

 Cairn Financial Advisers LLP                         +44 20 7213 0880
 (Nominated Adviser)
 Jo Turner, James Caithie

 Hybridan LLP                                         +44 20 3764 2341
 (Broker)
 Claire Louise Noyce

 ODDO BHF Corporates & Markets AG                     +49 69 920540
 (Designated Sponsor)
 Michael B. Thiriot

 Gracechurch Group                                    +44 20 4582 3500
 (Financial PR)
 Harry Chathli, Alexis Gore, Henry Gamble

 

 

 

About ADM Energy PLC

 

ADM Energy is a natural resources investing company with oil and gas assets in
West Africa and the US. We hold a 9.2% profit interest in the Aje Field, part
of OML 113 in Nigeria. We also hold a portfolio of interests in oil and gas
projects, the primary focus of which is a 70.0% working interest participation
in an initial three well drilling programme to target shallow oil production
on the Altoona Lease, in the Midway-Sunset Oilfield, California, the third
largest oil field in the US.

We are seeking to build on our existing asset base and target other investment
opportunities in the oil and gas sector. Our strategy is to identify and
invest in high-impact, near-term producing assets that can deliver significant
value. These will be based on attractive risk reward profiles such as proven
nature of reserves, level of historic investment, established infrastructure,
route to early cash flow and exploration upside.

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