REG - Coro Energy PLC - Results of General Meeting

Coro EnergyAnnouncement

14/05/2025 13:30

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RNS Number : 6847I  Coro Energy PLC  14 May 2025

14 May 2025

 

Coro Energy Plc

("Coro" or the "Company")

 

Results of General Meeting

 

Coro Energy PLC, the South East Asian energy company with a natural gas and
clean energy portfolio, announces that the Company held its General Meeting
("GM") earlier today at which the resolution to approve the sale of Coro's
participating interest in the Duyung PSC was passed.

 

The total number of proxy votes appointing the Chairman received in respect of
the Shareholder Resolution were as follows:

 

 Resolution                                                              For         %      Against    %     Withheld
 To approve the sale of Coro's participating interest in the Duyung PSC  54,661,509  91.57  5,030,848  8.43  182,790

 

 Note: a vote "withheld" is not a vote in law and is not counted in the
calculation of the percentage of shares voted "for" or "against" any
resolution.

 

As set out in the previous announcement dated 10 April 2025, the sale is also
conditional on approval from Indonesia's Ministry of Energy and Mineral
Resources having been obtained on or before 31 August 2025.

 

For further information please contact:

 

 Coro Energy plc                                          Via Vigo Consulting Ltd

 Cavendish Capital Markets Limited (Nominated Adviser)    Tel: 44 (0)20 7220 0500

 Adrian Hadden

 Ben Jeynes

 Hybridan LLP (Nominated Broker)                            Tel: 44 (0)20 3764 2341

 Claire Louise Noyce

 Vigo Consulting (IR/PR Advisor)                          Tel: 44 (0)20 7390 0230

 Patrick d'Ancona

 Finlay Thomson

 

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