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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Petrel Resources Plc | LSE:PET | London | Ordinary Share | IE0001340177 | ORD EUR0.0125 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.80 | 1.70 | 1.90 | 1.80 | 1.80 | 1.80 | 15,922 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 0 | -311k | -0.0020 | -9.00 | 2.83M |
TIDMPET
RNS Number : 6239G
Petrel Resources PLC
27 July 2021
27th July 2021
Petrel Resources plc
("Petrel" or "the Company")
Results of Annual General Meeting
At the Petrel Resources plc Annual General Meeting, held on 27(th) July 2021 in the Hotel Riu Plaza The Gresham, 23 O'Connell Street Upper, Dublin 1, D01 C3W7 at 10.00 am, all the resolutions which were put to the meeting were duly passed.
At a board meeting held prior to the AGM, John Teeling indicated that he wished to step aside as Chairman, while remaining a non-executive director.
David Horgan was then appointed Executive Chairman, and briefed shareholders on the Company's projects, including our exploration and development proposals to the Iraqi authorities, ongoing discussions with Ghanaian and other officials. No new information was shared as part of this briefing as compared to that disclosed in the Company's 2020 Annual Report, which is available on its website.
The Tamraz Group has not yet resolved its issues or released the 32 million Petrel shares which 3 individuals had pledged to a finance company in 2019. Accordingly, the High Court injunction on these 32 million Petrel shares remains in place.
Petrel Resources plc looks forward to accelerating progress with the restoration of normal international business, as the world emerges from the C-19 pandemic.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
Ends
For further information please visit http://www.petrelresources.com/ or contact:
Petrel Resources John Teeling, Chairman +353 (0) 1 833 2833 David Horgan, Director Nominated Adviser and Broker Beaumont Cornish - Nominated Adviser Roland Cornish Felicity Geidt +44 (0) 020 7628 3396 Novum Securities Limited - Broker Colin Rowbury +44 (0) 20 399 9400 Blytheweigh - PR +44 (0) 207 138 3206 Megan Ray +44 (0) 207 138 3553 Madeleine Gordon-Foxwell +44 (0) 207 138 3208 Teneo Luke Hogg +353 (0) 1 661 4055 Alan Tyrrell +353 (0) 1 661 4055 Thomas Shortall +353 (0) 1 661 4055
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END
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(END) Dow Jones Newswires
July 27, 2021 06:39 ET (10:39 GMT)
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