Result of General Meeting and Board Changes
26/08/2009 10:43am
UK Regulatory
TIDMTMAN
RNS Number : 0283Y
Timan Oil & Gas Plc
26 August 2009
TIMAN OIL & GAS PLC
("Timan" or the "Company")
Result of General Meeting and Board Changes
The general meeting of Timan, which as previously announced was requisitioned by
Redbell Investments Limited on 10 July 2009, was held yesterday. At the general
meeting the resolutions to remove Alexander Kapalin, Dmitry Chalov and Peter
Anclam from the board of Timan (the "Board") and to appoint Vitaly Belik and
Dmitry Soloviev to the Board were duly passed as was the resolution providing
for, under the Articles of Association of the Company, a minimum of two
directors on the Board. The Company also announces that, on 24 August
2009, Boris Litvak tendered his resignation from the Board with immediate
effect. Therefore, the resolutions proposing the removal of Mr. Litvak and of
Konstantin Ryzhkov, who had already tendered his resignation from the Board with
immediate effect (as announced on 13 August 2009), as directors of the Company
were not voted upon at the general meeting.
Enquiries:
Timan Oil & Gas plc
Vitaly Belik, Non-Executive Director
Dmitry Soloviev, Non-Executive Director
+7 495 287 32 78
Strand Partners Limited
Simon Raggett/Rory Murphy
+ 44 (0) 20 7409 3494
This information is provided by RNS
The company news service from the London Stock Exchange
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