REG - Molecular Energies - Result of General Meeting

Molecular EnergiesAnnouncement

21/09/2023 16:00

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RNS Number : 2669N  Molecular Energies PLC  21 September 2023

21 September 2023

 

MOLECULAR ENERGIES PLC

("Molecular" or the "Company")

 

Result of General Meeting

 

Molecular Energies (AIM: MEN), the international energy company, is pleased to
confirm that all resolutions proposed to shareholders at the General Meeting
held at 3pm today have been passed. Accordingly, the sale of the entire issued
share capital of President Energy Holding UK Limited has now been completed.

 

For further information, please visit www.molecularenergiesplc.com
(http://www.molecularenergiesplc.com) or contact:

 

 Molecular Energies PLC                      +44 (0) 207 016 7950

 Peter Levine, Chairman                      info@molecularenergiesplc.com

 Rob Shepherd, Finance Director

 Cavendish Corporate Finance                 +44 (0) 207 220 0500

 (Nominated Advisor and Broker)

 Simon Hicks, George Dollemore

 Tavistock (Financial PR and IR)             +44 (0) 20 7920 3150

 Simon Hudson, Nick Elwes, Charles Baister

 

Notes to Editors

Molecular Energies PLC is an AIM listed company at the forefront of energy
development and has interests across the energy spectrum, from oil and gas
projects to subdivisions in the green and alternative energy sub-sectors. The
Company has interests in oil and gas production in Argentina and owns
exploration assets in Paraguay. The Company has two separate subdivisions
which are focused on early-stage opportunities in the green and/or alternative
energy sub-sector.

 

Activities in the green and alternative energy space are being carried out
under the Green House Capital brand and through AIM listed Atome Energy PLC, a
green hydrogen, ammonia, and fertiliser company operating in Paraguay, Costa
Rica and Iceland, in which Molecular currently has 20.5%.

 

With a strong strategic and institutional base of support, an in-country
management team as well as the Chairman whose interests as the largest
shareholder are aligned to those of its shareholders, Molecular gives UK
investors access to an energy growth story combined with world class standards
of corporate governance, environmental and social responsibility.

 

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 ("UK MAR"). The person who arranged for
the release of this announcement on behalf of the Company was Robert Shepherd,
Financial Director.

 

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