Business
Result of Annual General Meeting
Result of Annual General Meeting.
About this update from Adm Energy Plc
[{"type":"text","content":"\n\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n25 July 2023\n \nADM Energy PLC\n(\"ADM\" or the \"Company\")\nResult of Annual General Meeting \nADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, announces that at the Annual General Meeting of the Company held earlier today, all resolutions were duly passed.\n \nEnquiries:\n \n\n\n\nADM Energy plc\n\n\n+44 20 7459 4718\n\n\n\n\nOliver Andrews, Chairman\n\n\n\n\n\n\n\nwww.admenergyplc.com\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCairn Financial Advisers LLP\n\n\n+44 20 7213 0880\n\n\n\n\n(Nominated Adviser)\n\n\n\n\n\n\n\nJo Turner, James Caithie\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nHybridan LLP\n\n\n+44 20 3764 2341\n\n\n\n\n(Broker)\n\n\n\n\n\n\n\nClaire Louise Noyce\n\n\n\n\n\n\n\n \nODDO BHF Corporates & Markets AG\n\n\n \n+49 69 920540\n\n\n\n\n(Designated Sponsor)\n\n\n\n\n\n\n\nMichael B. Thiriot\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nGracechurch Group\n\n\n+44 20 4582 3500\n\n\n\n\n(Financial PR)\n\n\n\n\n\n\n\nHarry Chathli, Alexis Gore, Henry Gamble\n\n\n\n\n\n\n \n \n \nAbout ADM Energy PLC\n \nADM Energy is a natural resources investing company with oil and gas assets in West Africa and the US. We hold a 9.2% profit interest in the Aje Field, part of OML 113 in Nigeria. We also hold a portfolio of interests in oil and gas projects, the primary focus of which is a 70.0% working interest participation in an initial three well drilling programme to target shallow oil production on the Altoona Lease, in the Midway-Sunset Oilfield, California, the third largest oil field in the US.\nWe are seeking to build on our existing asset base and target other investment opportunities in the oil and gas sector. Our strategy is to identify and invest in high-impact, near-term producing assets that can deliver significant value. These will be based on attractive risk reward profiles such as proven nature of reserves, level of historic investment, established infrastructure, route to early cash flow and exploration upside.\n\n","length":6916,"tagN...