REG - SDX Energy PLC - Result of General Meeting

SDX EnergyAnnouncement

24/01/2025 14:00

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RNS Number : 6645U  SDX Energy PLC  24 January 2025

 

24 January 2025

 

SDX ENERGY PLC ("SDX" or the "Company")

RESULT OF GENERAL MEETING

 

SDX announces that, at the General Meeting of the Company held earlier today,
both resolutions were duly passed by shareholders by way of a poll.

The results of the poll were as follows:

    Special Resolutions                                                            For         %       Against     %       Withheld
 1  To approve the cancellation of admission of ordinary shares to trading on AIM  85,990,092  82.85%  17,795,409  17.15%  0
 2  To approve the re-registration as a private limited company and adopt new      86,007,039  82.87%  17,778,462  17.13%  0
    articles

 

Jay Bhattacherjee, Independent Non-Executive Chairman, commented:

 

"At today's meeting, more than 50% of the Company's shareholders voted and, of
those, over 80% voted in favour of the two resolutions. Shareholders have
expressed a clear view that the Company should delist from AIM and become a
private limited company.

We are pleased that the turnout of shareholders was strong and look forward to
exciting opportunities as a private business."

AIM Delisting

Following approval by Shareholders at the General Meeting, the admission of
the ordinary shares of 1 pence in the capital of the Company (the "Ordinary
Shares") to trading on AIM will be cancelled (the "AIM Delisting"). The AIM
Delisting is expected to take place at 7:00 a.m. on 3 February 2025 and,
accordingly, the last day of dealings in Ordinary Shares on AIM is expected to
be 31 January 2025.

For further information:

 SDX Energy Plc

 Daniel Gould, Chief Executive Officer

 William McAvock, Chief Financial Officer

 Tel: +44 (0) 20 3219 5640

 Shore Capital (Nominated Adviser and Broker)

 Toby Gibbs/Harry Davies-Ball

 Tel: +44 (0) 20 7408 4090

About SDX

For further information, please see the Company's website at
www.sdxenergygroup.com
(https://url.avanan.click/v2/___http:/www.sdxenergygroup.com/___.YXAxZTpzaG9yZWNhcDphOm86MDEzNTAyODI2ZTNhZWY5ZWM4YWU4MGY3MmNiNjhiMDc6Njo4MDY2OmIyZDJhNDdjNTNhNWU3Yjc5Y2VjZDQ5MzgxZTRkZWJlNTE2NjQyYTMwOTk0NmQwOGZjN2U4MWIyMzIxODExNjM6cDpU)
or the Company's filed documents at www.sedar.com
(https://url.avanan.click/v2/___http:/www.sedar.com/___.YXAxZTpzaG9yZWNhcDphOm86MDEzNTAyODI2ZTNhZWY5ZWM4YWU4MGY3MmNiNjhiMDc6NjplNWE4OjE1YTQ5NzZmMjEyMWQ5MjgyZjhkZjI1YmQzNmU3YzE3ODdlMWMyY2MwM2E4YjBiYTJmY2M3ODk2ZWE5MmI3YTM6cDpU)
.

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