TomCo Energy PLC Result of General Meeting

RNS Number : 4781D

TomCo Energy PLC

09 September 2024

 

9 September 2024

TOMCO ENERGY PLC

("TomCo" or the "Company")

Result of General Meeting

TomCo Energy plc (AIM: TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to announce that at the Company's General Meeting, held earlier today, the requisite Resolution pursuant to AIM Rule 15, as set out in the Company's Circular dated 23 August 2024, was duly passed by Shareholders.

Accordingly, the Company will now proceed to complete the redemption of all of Greenfield's 10 per cent. membership interest in TSHII and finalise its 2024 Interim Results once the US$1.475m balance of the Cash Consideration has been received. A further announcement will therefore be made shortly with respect to publication of the 2024 Interim Results and restoration of trading in the Company's Ordinary Shares on AIM.

Defined terms used in this announcement have the same meanings as those ascribed to them in the abovementioned Circular unless the context requires otherwise.

 

Enquiries:

TomCo Energy plc

Malcolm Groat (Interim Executive Chairman)                       [phone]

Strand Hanson Limited (Nominated Adviser)

James Harris / Matthew Chandler                                            [phone]

Novum Securities Limited (Broker)

Jon Belliss / Colin Rowbury                                                        [phone]

 

For further information, please visit www.tomcoenergy.com.

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

 

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