TIDMPTR
RNS Number : 1913W
Petroneft Resources PLC
15 November 2010
PetroNeft Resources plc ("PetroNeft" or the "Company")
Result of Extraordinary General Meeting
The board of PetroNeft is pleased to announce that the resolutions proposed to
shareholders at the Company's extraordinary general meeting held in Dublin today
were duly passed.
As a result, the placing announced on 19 October 2010, raising approximately
US$43 million, has now been completed, subject only to admission of the Second
Tranche Shares to trading on AIM and ESM. Application has been made to the
London Stock Exchange and the Irish Stock Exchange for the Second Tranche
Shares, consisting of 28,729,950 ordinary shares, to be admitted to trading on
AIM and ESM respectively. Admission of such ordinary shares is expected to
occur on Tuesday 16 November 2010.
Terms defined in the circular posted to Petroneft Shareholders on 22 October
2010 have the same meaning in this announcement, unless the context requires
otherwise.
Contacts
+--------------------------------------------------+----------------------------------------+
| Dennis Francis, CEO, PetroNeft Resources plc | +353 1 443 3720 |
+--------------------------------------------------+----------------------------------------+
| Paul Dowling, CFO, PetroNeft Resources plc | +353 1 443 3720 |
+--------------------------------------------------+----------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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