Business
Result of Reconvened General Meeting
Result of Reconvened General Meeting.
About this update from Uk Oil & Gas Plc
[{"type":"text","content":"\n\nUK Oil & Gas PLC\n(\"UKOG\" or the \"Company\")\n \nResult of Reconvened General Meeting\n \nUKOG (LONDON AIM:UKOG) is pleased to announce that at its Reconvened General Meeting held earlier today, all resolutions put to shareholders were duly passed.\n \nFollowing the share reorganisation the total voting rights in the Company are 3,253,992,610 ordinary shares of £0.000001 each. \n \nA summary of the proxy results in relation to today's meeting is set out below.\n \n\n\n\n\nProxy results\n\n\n\n\n\n\nResolution\n\n\nFor\n\n\nAgainst\n\n\nWithheld\n\n\nDiscretionary\n\n\n\n\n1\n\n\n5,035,686,271\n\n\n1,419,608,340\n\n\n155,706,220\n\n\n1,862,126\n\n\n\n\n2\n\n\n5,033,882,809\n\n\n1,420,606,054\n\n\n156,511,968\n\n\n1,862,126\n\n\n\n\n3\n\n\n4,998,942,952\n\n\n1,456,264,035\n\n\n155,793,844\n\n\n1,862,126\n\n\n\n\n4\n\n\n5,052,575,486\n\n\n1,391,369,920\n\n\n167,055,425\n\n\n1,862,126\n\n\n\n\n5\n\n\n5,037,985,182\n\n\n1,398,983,123\n\n\n174,032,526\n\n\n1,862,126\n\n\n\n\n\n\n\n\n\n \nFurther to the announcement on 22 February 2024, the Company's issued share capital increased to 32,539,926,104 ordinary shares. The resolutions passed in today's meeting were clerically amended in the meeting to reflect the increased share capital. A summary of the resolutions passed at today's meeting is set out below.\n \n\n\n\n\nResolution 1:\n\n\nSubject to the New Articles being adopted, this is an ordinary resolution to grant the Directors with authority to subdivide and reclassify the existing ordinary shares of £0.0001 each in the capital of the Company so that each ordinary share of £0.0001 each be and they are sub-divided and reclassified into one (1) New Ordinary Share of £0.0000001 each in the capital of the Company and 999 new Deferred B Shares of £0.0000001 each in the capital of the Company with each having the rights and restrictions set out in the New Articles.\n\n\n\n\nResolution 2:\n\n\nSubject to Resolutions 1 and 4 being passed this is an ordinary resolution to grant the Directors with authority to (i) consolidate the 32,539,926,104 ordinary shares of £0.0000001 each in the capital of the Company on a 10:1 ratio into 3,253,992,610 ordinary shares of £0.000001 each, such shares having the same rights and being subject to the same restrictions as the existing ordinary shares of £0...