Andalas Energy and Power Plc Result of Extraordinary General Meeting

 
TIDMADL 
 
Andalas Energy and Power Plc 
 
                         ('Andalas', or the 'Company') 
 
                    Result of Extraordinary General Meeting 
 
Andalas Energy and Power Plc (AIM: ADL) is pleased to announce that all 
resolutions were passed at its extraordinary general meeting held today. The 
votes received were as follows: 
 
Resolution          Votes received    For               Against 
 
Resolution 1        329,433,660       319,415,977 (97%) 10,017,683 (3%) 
 
Resolution 2        329,433,660       319,415,977 (97%) 10,017,683 (3%) 
 
Update on admission of new ordinary shares 
 
Following the passing of the Resolutions, the Company advises that Admission of 
715,384,615 New Ordinary Shares; will occur on 1 September 2017 at 8.00 a.m. 
 
For the purposes of the Disclosure and Transparency Rules, the total number of 
voting rights in the Company with effect from 1 September 2017 will be 
4,708,552,590. 
 
This figure may be used by Shareholders as the denominator for the calculations 
by which they determine if they are required to notify their interest in, or a 
change of their interest in, the Company under the FCA's Disclosure and 
Transparency Rules. 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulations 
(EU) No. 596/2014 ('MAR).  Upon the publication of this announcement via a 
Regulatory Information Service ('RIS'), this inside information is now 
considered to be in the public domain. 
 
For further information, please contact: 
 
David Whitby    Andalas Energy and Power Plc               Tel: [phone] 
                                                           2316 
 
Sarah Wharry    Cantor Fitzgerald Europe                   Tel: [phone] 
                (Nominated Adviser and Joint Broker)       7000 
 
Jon Belliss     Beaufort Securities Limited                Tel: [phone] 
                (Joint Broker)                             8415 
 
Frank Buhagiar  St Brides Partners Limited                 Tel: [phone] 
Susie Geliher                                              1177 
 
                                   **ENDS** 
 
Notes for Editors: 
 
Andalas Energy and Power plc 
 
Andalas is a developer of independent power generation capacity in Indonesia. 
It has partnered with key Indonesian State-owned enterprises, PT Pertamina 
(Persero) and PT PP Energi ("PPE").  Andalas and PPE are developing their first 
project, Jambi-1, a 30+MW power project in Jambi Provence, South Sumatra. 
Andalas is seeking to develop a series of power projects with a total 
generating capacity of more than 500MW. 
 
 
 
END 
 

(END) Dow Jones Newswires

August 31, 2017 07:30 ET (11:30 GMT)