REG - Oracle Power PLC - Board Change & Withdrawal of AGM Resolution

Oracle PowerAnnouncement

08/08/2024 07:00

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RNS Number : 6328Z  Oracle Power PLC  08 August 2024

8 August 2024

Oracle Power PLC

("Oracle" or the "Company")

 

Board Change

 

Withdrawal of AGM Resolution

 

Oracle Power PLC (AIM: ORCP) announces that Mark Steed has resigned from the
board of Oracle ("Board") with immediate effect.  As a result, Resolution 3,
proposing the re-election of Mr Mark Steed as a director of the Company, which
was to be proposed at the annual general meeting ("AGM") of the Company's
shareholders, to be held this morning at 11.00 a.m. (UK time), has been
withdrawn.

 

The withdrawal of Resolution 3 does not affect the validity of the notice of
AGM, the proxy form, or any votes submitted in respect of the remaining
resolutions to be proposed at the AGM. Arrangements for the AGM remain
unchanged from those previously notified, as are the numbering of the
remaining resolutions at the AGM.

 

Naheed Memon, CEO of Oracle, commented: "The Board wishes to thank Mark for
his contribution and support as Chairman over recent years and wishes him well
in his future endeavours."

 

-ENDS-

 

For further information, visit www.oraclepower.co.uk
(http://www.oraclepower.co.uk/)  or contact:

  

 Oracle Power PLC                                   +44 (0)203 580 4314

 Naheed Memon - CEO
 Strand Hanson Limited                              +44 (0)207 409 3494

 Nominated Adviser & Joint Broker

 Rory Murphy, Matthew Chandler, Rob Patrick
 St Brides Partners Limited                         oracle@stbridespartners.co.uk

 Financial PR

 Susie Geliher, Isabel de Salis

 

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