ADM Energy PLC Result of General Meeting (6618Y)

TIDMADME

RNS Number : 6618Y

ADM Energy PLC

17 January 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

17 January 2022

ADM Energy PLC

("ADM" or the "Company")

Result of General Meeting

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, announces that at the General Meeting held earlier today, the resolutions to remove certain existing directors and to install a new director were defeated.

The votes cast for Resolutions 1-4 were the following:

 
 Resolution          Votes for             Votes against        Votes       Total proxy 
                                                               withheld     votes (excl. 
                                                                           Votes Withheld) 
                No. of     % of votes     No. of      % of     No. of 
                 votes        cast         votes      votes     votes 
                                                      cast 
             -----------  -----------  -----------  -------  ----------  ----------------- 
     1        17,238,562     18.10      78,022,437   81.90      4,851        95,260,999 
             -----------  -----------  -----------  -------  ----------  ----------------- 
     2        16,982,475     17.88      78,020,937   82.12     262,438       95,003,412 
             -----------  -----------  -----------  -------  ----------  ----------------- 
     3        16,979,022     17.87      78,024,390   82.13     262,438       95,003,412 
             -----------  -----------  -----------  -------  ----------  ----------------- 
     4        16,978,908     17.87      78,024,504   82.13     262,438       95,003,412 
             -----------  -----------  -----------  -------  ----------  ----------------- 
 

Osamede Okhomina, CEO of ADM Energy plc, said: "We are pleased to move past this requisitioned general meeting and would like to thank our shareholders for their support. We will continue to focus on executing our strategy to build shareholder value by targeting quality assets with attractive risk-reward profiles that can add to and enhance our investment portfolio."

Enquiries:

 
ADM Energy plc                             [phone] 
Osamede Okhomina, CEO 
 
 
Cairn Financial Advisers LLP               [phone] 
(Nominated Adviser) 
Jo Turner, James Caithie 
 
Hybridan LLP                               [phone] 
(Broker) 
Claire Louise Noyce 
 
ODDO BHF Corporates & Markets AG           [phone] 
(Designated Sponsor) 
Michael B. Thiriot 
 
Luther Pendragon                           [phone] 
(Financial PR) 
Harry Chathli, Alexis Gore, Tan Siddique 
 

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END

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January 17, 2022 05:29 ET (10:29 GMT)