Business
Result of Extraordinary General Meeting
Result of Extraordinary General Meeting.
About this update from Beacon Energy Plc
[{"type":"text","content":"\n \nAndalas Energy and Power Plc\n\n(‘Andalas’, or the ‘Company’)\n\nResult of Extraordinary General Meeting\n\nAndalas Energy and Power Plc (AIM: ADL) is pleased to announce that all resolutions were passed at its extraordinary general meeting held today. The votes received were as follows:\n\n\n\nResolution\nVotes received\nFor\nAgainst\n\n\n\nResolution 1\n329,433,660\n319,415,977 (97%)\n10,017,683 (3%)\n\n\n\nResolution 2\n329,433,660 \n319,415,977 (97%)\n10,017,683 (3%)\n\n\n\nUpdate on admission of new ordinary shares\n\nFollowing the passing of the Resolutions, the Company advises that Admission of 715,384,615 New Ordinary Shares; will occur on 1 September 2017 at 8.00 a.m.\n\nFor the purposes of the Disclosure and Transparency Rules, the total number of voting rights in the Company with effect from 1 September 2017 will be 4,708,552,590.\n\nThis figure may be used by Shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure and Transparency Rules.\n\nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR). Upon the publication of this announcement via a Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.\n\nFor further information, please contact:\n\n\n\nDavid Whitby\nAndalas Energy and Power Plc\nTel: +62 21 2783 2316\n\n\n\nSarah Wharry \nCantor Fitzgerald Europe(Nominated Adviser and Joint Broker)\nTel: +44 20 7894 7000\n\n\n\nJon Belliss\nBeaufort Securities Limited(Joint Broker)\nTel: +44 20 7382 8415\n\n\n\nFrank BuhagiarSusie Geliher\nSt Brides Partners Limited\nTel: +44 20 7236 1177\n\n\n\n**ENDS**\n\nNotes for Editors:\n\nAndalas Energy and Power plc\n\nAndalas is a developer of independent power generation capacity in Indonesia. It has partnered with key Indonesian State-owned enterprises, PT Pertamina (Persero) and PT PP Energi (“PPEâ€). Andalas and PPE are developing their first project, Jambi-1, a 30+MW power project in Jambi Provence, South Sumatra. Andalas is seeking to develop a series of power projects with a total generating capacity of ...