Europa Oil & Gas (Holdings) plc has appointed Bo Krøll to the board as a non-executive director with immediate effect to increase representation of its shareholders. Chief operating officer Alastair Stuart leaves the board in order to maintain a majority of independent non-executive directors on the board. Mr Krøll is a proven entrepreneur, businessman and long-term shareholder in Europa […]
Tag: shareholders
Capricorn investors to vote on share reduction
Capricorn Energy plc shareholders will this week vote on a proposed share consolidation and a special 43p dividend of a total US$50 million. PRICE The company said that the consolidation ratio for the share consolidation would be 62 new ordinary shares for every 79 existing ordinary shares held at the record time. The nominal value of the new ordinary shares […]
Scirocco shareholders vote to cancel trading
Scirocco Energy plc shareholders today voted to cancel trading with the last day of dealings expected to be on 16 May. The company will hold further general meeting in approximately two months to appoint liquidators ahead of returning cash to its investors. The process will be via a members’ voluntary liquidation.
Scirocco sets date for vote to cancel trading
Scirocco Energy plc shareholders will vote on 7 May on how the company should return cash to them and on cancellation of trading on AIM. Scirocco’s investors will also vote on re-registration as a private company and adoption of new articles of association. The company expects the final day of trading for existing ordinary shares […]
Orcadian shareholders back Pilot farm-out
Orcadian Energy plc shareholders today approved the $3.1 million farm-out of its Pilot oil field to Ping Petroleum UK plc. The conditional transaction for central North Sea licence P2244 with the Malaysian company was signed in December 2023.
Scirocco shareholders back sale of EAG interest
Scirocco Energy plc shareholders have approved the sale of the company’s interest in biogas and renewables specialist Energy Acquisitions Group Ltd (EAG). At today’s general meeting, the resolution received 95.49% votes in favour with 4.51% against. Completion of the deal is subject to a waiver by Allied Irish Banks plc, relating to an existing loan […]