Document Availability
24/04/2014 10:30
RNS Number : 4229F
Petroneft Resources PLC
24 April 2014
24 April 2014
PetroNeft Resources plc
("PetroNeft" or the "Company")
Document Availability
Further to the announcement of 17 April 2014 in connection with the farmout of a 50 per cent. non-operating interest in Licence 61 to Oil India Limited, a Circular to convene an EGM to approve the Licence 61 Farmout (the "Licence 61 Farmout EGM") has been posted to Shareholders.
Two EGMs will be held on 9 May 2014.
The Licence 61 Farmout EGM will be held at 10.30 am on 9 May 2014 at the Herbert Park Hotel, Ballsbridge, Dublin 4, Ireland in order to consider one ordinary resolution to approve the Licence 61 Farmout.
The Board of PetroNeft strongly recommend that shareholders vote FOR this resolution.
This will be followed at 11.15 am by the Natlata EGM to consider 15 resolutions (11 ordinary and 4 special) proposed by Natlata in their EGM requisition request.
The Board of PetroNeft strongly recommend that shareholders vote AGAINST ALL of these resolutions.
The Circular for the Licence 61 Farmout EGM will shortly be available for inspection on the Company's website at www.petroneft.com/investor-relations/investor-notices/. The Circular for the Natlata EGM has been available at this location since 1 April 2014.
For further information, contact:
| Dennis Francis, CEO, PetroNeft Resources plc | +353 1 647 0280 |
| Paul Dowling, CFO, PetroNeft Resources plc | +353 1 647 0280 |
| John Frain/Brian Garrahy, Davy (NOMAD and Joint Broker) | +353 1 679 6363 |
| Henry Fitzgerald-O'Connor, Canaccord Genuity Limited (Joint Broker) | +44 207 523 8000 |
| Martin Jackson / Shabnam Bashir, Citigate Dewe Rogerson | +44 207 638 9571 |
| Joe Murray/Joe Heron, Murray Consultants | +353 1 498 0300 |