REG - Jadestone Energy PLC - Results of Annual General Meeting

Jadestone EnergyAnnouncement

20/06/2025 10:45

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RNS Number : 7826N  Jadestone Energy PLC  20 June 2025

Results of Annual General Meeting

 

20 June 2025 - Singapore: Jadestone Energy plc (AIM:JSE) (the "Company" and
together with its subsidiaries, "Jadestone" or the "Group"), an independent
upstream production and development company focused on the Asia-Pacific
region, is pleased to announce that at the Annual General Meeting ("AGM") of
the Company held on 20 June 2025, resolutions 1-14 as set out in the Company's
Notice of AGM dated 20 May 2025 were duly passed on a poll with the results as
stated below.

 

     Resolution                            For          %      Against    %     Total        Withheld*
 Ordinary resolutions
 1   Annual accounts                       332,719,085  97.68  7,898,709  2.32  340,617,794  81,416
 2   Appointment of auditor                339,912,242  99.84  560,399    0.16  340,472,641  226,569
 3   Auditor's remuneration                340,386,338  99.93  246,293    0.07  340,632,631  66,579
 4   Re-elect Adel Chaouch                 293,811,035  99.27  2,168,350  0.73  295,979,385  44,719,825
 5   Elect Andrew Fairclough               340,321,936  99.96  134,033    0.04  340,455,969  243,241
 6   Re-elect Joanne Williams              301,575,498  99.31  2,102,163  0.69  303,677,661  37,021,549
 7   Re-elect Linda Beal                   339,442,970  99.70  1,012,999  0.30  340,455,969  243,241
 8   Re-elect Gunter Waldner               340,049,606  99.88  422,188    0.12  340,471,794  227,416
 9   Re-elect David Neuhauser              340,373,192  99.98  82,777     0.02  340,455,969  243,241
 10  Elect David Mendelson                 340,375,569  99.98  80,400     0.02  340,455,969  243,241
 11  Authority to allot shares             336,813,259  98.89  3,790,558  1.11  340,603,817  95,393
 Special resolutions
 12  Disapplication of pre-emption rights  336,762,001  98.87  3,854,193  1.13  340,616,194  83,016
 13  Disapplication of pre-emption rights  336,752,868  98.87  3,863,326  1.13  340,616,194  83,016
 14  Market purchase of own shares         340,531,101  99.97  109,869    0.03  340,640,970  58,240

 

* A vote withheld is not a vote in law and is not counted for the purposes of
the calculation of the proportion of votes 'For' and 'Against' a resolution.

 

 

-ends-

 

For further information, please contact:

 

 Jadestone Energy plc
 Phil Corbett, Head of Investor Relations              +44 (0) 7713 687467 (UK)
                                                       ir@jadestone-energy.com (mailto:ir@jadestone-energy.com)

 Stifel Nicolaus Europe Limited (Nomad, Joint Broker)  +44 (0) 20 7710 7600 (UK)
 Callum Stewart
 Jason Grossman
 Ashton Clanfield

 Berenberg (Joint Broker)                              +44 (0) 20 3757 4980 (UK)
 Ciaran Walsh
 Dan Gee-Summons
 Yasmina Benchekroun

 Camarco (Public Relations Advisor)                    +44 (0) 203 757 4980 (UK)
 Billy Clegg                                           jse@camarco.co.uk (mailto:jse@camarco.co.uk)
 Georgia Edmonds
 Poppy Hawkins

 

About Jadestone Energy

 

Jadestone Energy plc is an independent upstream company focused on the
Asia-Pacific region. It has a balanced and increasingly diversified portfolio
of production and development assets in Australia, Malaysia, Indonesia and
Vietnam, all stable jurisdictions with a positive upstream investment climate.

 

The Company is pursuing a strategy to grow and diversify the Company's
production base both organically, through developments such as Nam Du/U Minh
in Vietnam and the Puteri Cluster offshore Malaysia, as well as through
acquisitions that fit within Jadestone's financial framework and play to the
Company's strengths in managing maturing oil assets. Jadestone delivers value
in its acquisition strategy by enhancing returns through operating
efficiencies, cost reductions and increased production through further
investment.

 

Jadestone is a responsible operator and well positioned for the energy
transition through its increasing gas production, by maximising recovery from
existing brownfield developments and through its Net Zero pledge on Scope 1
& 2 GHG emissions from operated assets by 2040. This strategy is aligned
with the IEA Net Zero by 2050 scenario, which stresses the necessity of
continued investment in existing upstream assets to avoid an energy crisis and
meet demand for oil and gas through the energy transition.

 

Jadestone Energy plc (LEI: 21380076GWJ8XDYKVQ37) is listed on the AIM market
of the London Stock Exchange (AIM: JSE).  The Company is headquartered in
Singapore.  For further information on the Company please visit
www.jadestone-energy.com (http://www.jadestone-energy.com) .

 

This announcement does not include inside information.

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