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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Magnolia Pet | LSE:MAGP | London | Ordinary Share | GB00B63QSF76 | ORD SHS 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.30 | 0.20 | 0.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
22 June 2018
Magnolia Petroleum Plc / Index: AIM / Epic: MAGP / Sector: Oil & Gas
Magnolia Petroleum plc (‘Magnolia’ or ‘the Company’)
Results of General Meetings
Magnolia Petroleum plc, the US focused oil and gas exploration announces that, at the general meeting held today in respect of approving the disposal of assets and at the adjourned general meeting in respect of cancellation, all resolutions were duly passed.
The resolution approving the cancellation of the Company's ordinary shares to trading on AIM was conditional on the approval of not less than 75 per cent. of the votes cast by shareholders. As a result of passing the resolution, the last day of dealings in the Company's ordinary shares on AIM will be 29 June 2018 and the cancellation will take effect from 07:00 a.m. (GMT) on 2 July 2018.
Further, following shareholder approval to dispose of assets, the Company will immediately proceed with the disposal of the Oklahoma and North Dakota assets, as previously announced.
On 6 June 2018, the Company announced there was a risk that it would not be able to publish its audited financial information for the year to 31 December 2017 by 30 June 2018. It now confirms that this is the case.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
* * ENDS * *
For further information on Magnolia Petroleum Plc visit www.magnoliapetroleum.com or contact the following:
Rita Whittington | Magnolia Petroleum Plc | +01918449 8750 |
Jo Turner / James Caithie | Cairn Financial Advisers LLP | +44207213 0880 |
Daniel Gee | Cornhill Capital Limited | +44207710 9610 |
Lottie Wadham | St Brides Partners Ltd | +44207236 1177 |
Frank Buhagiar | St Brides Partners Ltd | +44207236 1177 |
Copyright e 22 PR Newswire
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