Business
Result of General Meeting
Result of General Meeting.
About this update from Buccaneer Energy Plc
[{"type":"text","content":"\n \n \n RNS Number : 7870M\n Nostra Terra Oil & Gas Company PLC\n 13 May 2020\n \n \n \n \n \n \n \n 13 May 2020\n \n \n \n \n \n Nostra Terra Oil and Gas Company plc\n \n \n (\"Nostra Terra\" or the \"Company\")\n \n \n \n \n \n Result of General Meeting\n \n \n \n \n \n Nostra Terra (AIM: NTOG), the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA, is pleased to announce that of the Resolutions put to shareholders at the Company's General Meeting, held earlier today, Resolution 1 was not passed and Resolutions 2 and 3 were passed.\n \n \n \n \n \n For further information on the Resolutions, please refer to the Company's circular to shareholders dated 17 April 2020 (the \"Circular\").\n \n \n \n \n \n Pursuant to the passing of Resolutions 2 and 3, the Company now has the authority to issue new ordinary shares in connection with any potential future exercise of the Fundraise Warrants (as defined in the Circular). \n \n \n \n \n \n A poll was taken at the meeting and the results for each Resolution, which overall were in line with the Directors' recommendations (as set out in the Circular), were as follows:\n \n \n \n \n \n \n \n \n RESOLUTION\n \n \n \n \n NUMBER OF VOTES FOR (including discretionary votes)\n \n \n \n \n %\n \n \n \n \n NUMBER OF VOTES AGAINST (including discretionary votes)\n \n \n \n \n %\n \n \n \n \n TOTAL VOTES CAST\n \n \n \n \n VOTES WITHHELD\n \n \n \n \n \n \n ORDINARY RESOLUTIONS\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Resolution 1.\n \n \n REMOVE MATTHEW LOFGRAN AS A DIRECTOR\n \n \n \n \n 41,696,790\n \n \n \n \n 20.68%\n \n \n \n \n 159,970,910\n \n \n \n \n 79.32%\n \n \n \n \n 201,667,700\n \n \n \n \n 29,927\n \n \n \n \n \n \n Resolution 2.\n \n \n AUTHORITY TO \n \n \n ALLOT SHARES\n \n \n \n \n 168,013,748\n \n \n \n \n 83.31%\n \n \n \n \n 33,657,296\n \n \n \n \n 16.69%\n \n \n \n \n 201,671,044\n \n \n \n \n 26,583\n \n \n \n \n \n \n SPECIAL RESOLUTION\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Resolution 3. \n \n \n DIS-APPLICATION OF PRE-EMP\n \n \n RIGHTS \n \n \n \n \n 168,361,545\n \n \n \n \n 83.48%\n \n \n \n \n 33,316,846\n \n \n \n \n 16.52%\n \n \n \n \n 201,678,391\n \n \n \n \n 19,236\n \n \n \n \n \n \n \...