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 […]
Tag: shareholders
Reabold receives new requisition notice for general meeting
Reabold Resources plc has received a new requisition notice from Pershing Nominees Ltd for a general meeting to replace the entire board with new directors. The oil and gas investor said yesterday that the notice, dated 15 November 2023, was delivered to its registered office by courier on 21 November 2023 after 5pm and by […]
Anglesey shareholders oust chairman John Kearney
Anglesey Mining plc shareholders voted against re-electing chairman and director John Kearney after his nearly 30 years’ service with the group. INSTRUMENTAL At the company’s general meeting on 27 October, the resolution to re-appoint him received 93,533,645 votes in favour, 103,058,404 against with 256,302 withheld. Non-executive director Andrew King will act as interim chairman while […]
Reabold to continue share buyback
Reabold Resources plc said it would continue its share buyback programme following shareholder approval at the company’s general meeting today. The aggregate value of Reabold’s ordinary shares each of 0.1 pence repurchased to date is £120,836 of the initial programme’s £750,000. The maximum amount of cash allocated to the programme from today’s date is £629,164. At today’s meeting, 22.09% […]
IGas awards 106,000 share options to CFO
IGas Energy plc has awarded chief financial officer Frances Ward 106,406 nil cost options over ordinary shares each of 0.002 pence per share in part lieu of an annual bonus. ALIGNMENT The award, under the company’s 2015 management retention plan, is to align better the interests of directors, persons discharging managerial responsibilities and other key […]
Shareholders refuse to support Tullow Oil’s share buyback
Tullow Oil plc has failed to win shareholders’ approval to buy back its own shares. DIRECTORS At today’s general meeting a total of 246,564,929 shareholders, equal to 27.29%, voted against resolution 19. Of an aggregate 903,642,231 shareholders, those who abstained numbered 670,045. All other 18 resolutions were passed although with some dissent over re-election of […]