Result of AGM, Confirmation of Exclusive Investment Rights, Appointment of CEO and Board Roles
02/12/2024 07:00
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO
CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION
(EU) NO. 596/2014, AS AMENDED ("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.
Igraine plc
AQSE: KING
(“Igraine” or “the Company”)
Result of Annual General Meeting
Confirmation of Exclusive Investment Rights with GEM Energia
Confirmation of Appointment of CEO and Board Role Changes
The Company is pleased to announce that at its Annual General Meeting held on
Friday, 29 November 2024, all resolutions were duly passed.
Accordingly, Shareholders have approved the Exclusive Investment Rights over
GEM Energia Limited ("GEM") and its subsidiaries battery storage projects,
including a right of first refusal on all current and future battery storage
projects within GEM's portfolio.
David Levis will now join the Board as Chief Executive Officer and will be
instrumental in managing and giving direction to the Investment Right rights
over GEM’s battery energy storage projects. Following David’s appointement
as Chief Executive Officer, Non-Executive Director Simon Grant-Rennick has
been appointed as Non-Executive Chairman and Executive Director Stephen
Winfield has been appointed as Non-Executive Director.
Capitalised terms in this announcement shall have the same meaning as in the
Circular. The Circular will remain available on the Company website:
https://igraineplc.com/
The Directors of the Company accept responsibility for the contents of this
announcement.
Enquiries
Company:
Simon Grant-Rennick (Non-Executive Chairman)
Simon@igraineplc.com
Steve Winfield (Non-Executive Director)
Steve@igraineplc.com
Investor relations : info@igraineplc.com
Aquis Growth Market Corporate Adviser:
Peterhouse Capital Limited
Tel: +44 (0) 207 469 0930
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