Rose Petroleum PLC Result of General Meeting and Total Voting Rights (0618T)

TIDMROSE

RNS Number : 0618T

Rose Petroleum PLC

09 October 2017

9 October 2017

Rose Petroleum plc

("Rose Petroleum" or the "Company")

Result of General Meeting and Total Voting Rights

Rose Petroleum (AIM: ROSE), the AIM quoted natural resources business, is pleased to announce that at its general meeting, held earlier today, all resolutions were duly passed.

Accordingly, pursuant to the Placing announced on 22 September 2017, the Second Placing Shares are expected to be admitted to trading on AIM tomorrow, 10 October 2017 ("Admission"), to complete the Placing.

Matthew Idiens, Chief Executive, commented:

"With the passing of the resolutions at the General Meeting today, the Company is now fully funded to complete the 3D seismic survey in the Paradox Basin in Utah, U.S.A. and associated follow up work.

The seismic survey is still on track to be completed ahead of the scheduled timetable, good weather permitting, and we are very pleased with the quality of data collected to date.

We would like to thank our Shareholders for their continued support and we look forward keeping the market updated on our progress during this exciting period for the Company."

Total Voting Rights

With effect from Admission, the Company's issued ordinary share capital will comprise 112,644,709 ordinary shares of 0.1 pence, with one voting right per share. The Company does not hold any shares in treasury. Therefore, the total number of ordinary shares of 0.1p and voting rights in the Company will be 112,644,709. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company pursuant to the FCA's Disclosure Guidance and Transparency Rules.

Defined terms used in this announcement have the same meaning as in the Company's announcement on 22 September 2017, unless the context requires otherwise.

Enquiries:

 
                         Rose Petroleum    Tel: +44 (0) 
                          plc               20 7225 4595 
 Matthew Idiens (CEO)                       Tel: +44 (0) 
  Chris Eadie (CFO)                         20 7225 4599 
 Jeremy Porter / James   Allenby Capital   Tel: +44 (0) 
  Reeve / Liz Kirchner    Limited           20 3328 5656 
 Andy Thacker            Turner Pope       Tel: +44 (0)20 
                          Investments       3621 4120 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 09, 2017 05:34 ET (09:34 GMT)