REG - ADM Energy PLC - Result of General Meeting

Adm EnergyAnnouncement

21/03/2025 14:30

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RNS Number : 7280B  ADM Energy PLC  21 March 2025

21 March 2025

 

 

ADM Energy PLC

 

("ADM" or the "Company")

 

Result of General Meeting

 

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

 

As such the Capital Reorganisation has now been approved by shareholder vote,
and the expected timetable of events is set out below.

 

Expected Timetable of Events

                                                                                2025
 General Meeting                                                                12:00 p.m. on 21 March

 Record date for the subdivision and reclassification of the Existing Ordinary  6:00 p.m. on 21 March
 Shares

                                                                                On or around:

 Admission of the Admission Shares                                              8:00 a.m. on 24 March

 CREST accounts credited with the Admission Shares                              Morning of 24 March

 Dispatch of definitive share certificates in respect of the Admission Shares   No later than 07 April

 

 

Capitalised terms in this announcement have the meaning ascribed to them in
the Definitions section of the Circular. The Circular can be found on the
Company's website https://admenergyplc.com/ (https://admenergyplc.com/) .

 

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this
announcement via Regulatory Information Service ('RIS'), this inside
information is now considered to be in the public domain.

 

Enquiries:

 

 ADM Energy plc                                       +44 20 7786 3555
 Lord Henry Bellingham, Non-executive Chairman
 www.admenergyplc.com (http://www.admenergyplc.com/)

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

 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 PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing
company with investments including a 100% interest in Vega Oil and Gas; a
30.6% economic interest in JKT Reclamation, LLC; a 46.8% economic interest in
OFX Technologies, LLC (www.ofxtechnologies.com
(http://www.ofxtechnologies.com) ); and a 9.2% profit interest in the Aje
Field, part of OML 113, which covers an area of 835km² offshore Nigeria. Aje
has multiple oil, gas, and gas condensate reservoirs in the Turonian,
Cenomanian and Albian sandstones with five wells drilled to date.

 

Forward Looking Statements

Certain statements in this announcement are, or may be deemed to be,
forward-looking statements. Forward looking statements are identified by their
use of terms and phrases such as "believe", "could", "should", "envisage'',
"estimate", "intend", "may", "plan", "potentially", "expect", "will" or the
negative of those, variations or comparable expressions, including references
to assumptions. These forward-looking statements are not based on historical
facts but rather on the Directors' current expectations and assumptions
regarding the Company's future growth, results of operations, performance,
future capital and other expenditures (including the amount, nature and
sources of funding thereof), competitive advantages, business prospects and
opportunities. Such forward-looking statements reflect the Directors' current
beliefs and assumptions and are based on information currently available to
the Directors.

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