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MTA Matra

1.025
0.00 (0.00%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Matra LSE:MTA London Ordinary Share GB00B06GS855 ORD 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% 1.025 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Matra Petroleum PLC Result of AGM and GM (1205I)

28/06/2013 12:06pm

UK Regulatory


Matra Petroleum (LSE:MTA)
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TIDMMTA

RNS Number : 1205I

Matra Petroleum PLC

28 June 2013

28 June 2013

Matra Petroleum plc

("Matra" or the "Company")

Result of Annual General Meeting ("AGM") and General Meeting

The Company is pleased to announce that at the Company's AGM held today, all resolutions were duly passed.

The Company also held a General Meeting today to approve the Disposal of its 100% interest in the Arkhangelovskoe Licence and to approve the adoption of the Company's proposed Investing Policy. The Company is pleased to announce that all resolutions at the General Meeting were duly passed.

The Company anticipates the Disposal to formally complete shortly, when upon the Company will be considered an Investing Company, under the AIM Rules. Once completion has occurred the Company will make a further announcement.

Additionally, CEO Maxim Barskiy updated the meetings on the Company's strategy and emphasized that Matra remains focused on building a balanced oil & gas portfolio with production, appraisal and exploration potential, and that the proceeds of the Disposal will now allow the Company greater flexibility in pursuing new investment opportunities.

A copy of the presentation is available on the Company's website www.matrapetroleum.com

Defined terms used in this announcement, unless otherwise stated, have the same meaning as those set out in the Company's announcement of 11 June 2013

For further information, please contact:

Matra Petroleum plc c/o Pelham Bell Pottinger

   Henry Lerwill                                   +44 (0)20 7861 3169 

Canaccord Genuity Limited

 
Henry Fitzgerald-O'Connor +44 (0)20 523 8000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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