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ORCP Oracle Power Plc

0.0275
0.00 (0.00%)
Last Updated: 08:00:04
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Oracle Power Plc LSE:ORCP London Ordinary Share GB00B23JN426 ORD 0.001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0275 0.025 0.03 0.0275 0.0262 0.0275 2,129,025 08:00:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coal Mining Services 0 -1.29M -0.0003 -1.00 1.12M

Oracle Power PLC Result of AGM (7351F)

16/07/2019 3:47pm

UK Regulatory


Oracle Power (LSE:ORCP)
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TIDMORCP

RNS Number : 7351F

Oracle Power PLC

16 July 2019

16 July 2019

Oracle Power PLC

("Oracle", the "Company" or the "Group")

Results of AGM

Oracle Power PLC (AIM:ORCP), the UK energy developer of a combined lignite mineral resource and mine mouth power plant located in the Thar desert in the south-east of Sindh Province, Pakistan, announces today that it has held its Annual General Meeting (the "AGM").

The Company advises that, further to its announcement earlier today, resolution 4 was withdrawn from the business of the AGM.

The Directors of the Company confirm that all resolutions put to shareholders at the AGM were duly passed.

At the AGM, Naheed Memon, CEO of Oracle, gave a short presentation to shareholders, which included a statement that the Company expects Financial Close to occur in the second half of 2020, which updates the previous expectation of Q4 2019.

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For further information please contact:

 
 Oracle Power PLC                             +44 (0) 20 3580 
  Naheed Memon                                 4316 
 Strand Hanson Limited (Nominated Adviser)    +44 (0) 20 7409 
  Rory Murphy, James Harris, Jack Botros       3494 
 Brandon Hill Capital Limited (Joint 
  Broker)                                     +44 (0) 20 3463 
  Oliver Stansfield                            5000 
 Peterhouse Corporate Finance (Joint 
  Broker)                                     +44 (0) 20 7220 
  Charles Goodfellow                           9791 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

RAGEALXKFLDNEFF

(END) Dow Jones Newswires

July 16, 2019 10:47 ET (14:47 GMT)

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