REG - Scirocco Energy PLC - Result of General Meeting

Scirocco EnergyAnnouncement

10/01/2024 11:45

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RNS Number : 2730Z  Scirocco Energy PLC  10 January 2024

10 January 2024

Scirocco Energy plc

("Scirocco Energy" or "the Company")

Result of General Meeting

Scirocco Energy (AIM: SCIR), the AIM investing company targeting attractive
assets within the European sustainable energy and circular economy markets, is
pleased to announce that the Company received the requisite majority approval
from shareholders at the General Meeting held today in respect of the proposed
divestment of its interest in Energy Acquisitions Group Limited ("EAG") (the
"Proposed Transaction").

Completion of the Proposed Transaction is subject to the receipt of a waiver
by Allied Irish Banks PLC ("AIB"), of any change of the control provisions, or
equivalent mechanisms, which may apply to the Proposed Transaction under the
existing loan facility dated 3 May 2023 made between EAG and AIB, with such
waiver expected to be received by the end of January. Further announcements
will be made as and when appropriate.

The results of the shareholder vote shown in the table below have been
confirmed by a poll of votes cast carried out by the Company's independent
registrar present at the meeting.

                                 Total Votes
 Resolution  For          %      Against      %     Withheld    Total Cast
 1           180,737,012  95.49  8,531,803    4.51  10,255,169  189,268,815

 

For further information:

 Scirocco Energy plc                               +44 (0) 20 7466 5000

 Tom Reynolds, CEO
 Strand Hanson Limited, Nominated Adviser

 Ritchie Balmer / James Spinney / Robert Collins   +44 (0) 20 7409 3494

 WH Ireland Limited, Broker

 Harry Ansell / Katy Mitchell                      +44 (0) 207 220 1666

 Buchanan, Financial PR                            +44 (0) 20 7466 5000

 Ben Romney / Barry Archer / George Pope

 

Inside Information

The information contained within this announcement is deemed by Scirocco to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) no. 596/2014 ("MAR"). On the publication of this announcement via
a Regulatory Information Service ("RIS"), this inside information is now
considered to be in the public domain.

 

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