Voting Results/Board Change

 

TIDMPYF 
 
RNS Number : 0175Z 
PolyFuel Inc. 
14 September 2009 
 

POLYFUEL ANNOUNCEMENT 
Resolutions Approved by 95% of Voting Shareholders/Thomas Caldwell appointed CEO 
PolyFuel announced today that in a vote of shareholders seeking approval of 
resolutions to delist from AIM and to dissolve the company, approximately 64% of 
shareholders had cast votes, with 95% of votes voting in favor of both 
resolutions.  PolyFuel expects its shares to continue to be suspended from 
trading on AIM until cancellation, expected on September 21. 
PolyFuel's Board also announced it has appointed Thomas P. Caldwell, the 
company's current Chief Financial Officer and Secretary, to the additional role 
of Chief Executive Officer.  Mr. Balcom, the company's previous CEO, will remain 
on the company's board of directors. 
The company continues to seek a possible buyer for the business or its assets. 
The following information is required to be disclosed pursuant to Schedule 2(g) 
of the AIM Rules: 
Full name: Thomas Paul Caldwell 
Age: 50 years 
Current directorships: Polyfuel, Inc., Marin Financial Consulting Group, Inc. 
Past directorships (last 5 years): None 
 
 
There is no further information required to be disclosed pursuant to the AIM 
Rules. 
 
 
 
 
Enquiries: 
Tom Caldwell - Chief Executive Officer, Chief Financial Officer and Secretary 
[phone] 
[e-mail] 
+----------------------------------------------------+------------------------+ 
| KBC Peel Hunt (Nominated Adviser and Broker)       | Tel: [phone]    | 
|                                                    | 8900                   | 
+----------------------------------------------------+------------------------+ 
| Jonathan Marren / David Anderson                   |                        | 
|                                                    |                        | 
+----------------------------------------------------+------------------------+ 
| Hogarth Partnership Limited                        | Tel: [phone]    | 
|                                                    | 9477                   | 
+----------------------------------------------------+------------------------+ 
| Nick Denton / Ian Payne                            |                        | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
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