Business
Result of General Meeting
Result of General Meeting.
About this update from Union Jack Oil Plc
[{"type":"text","content":"\n \nRNS Number : 6096S Union Jack Oil PLC 25 September 2014 \n\n \nUnion Jack Oil plc\n(\"Union Jack\" or the \"Company\")\nResult of General Meeting\n \n25 September 2014\n \nFurther to the announcement on 8 September 2014 in relation to the placing (\"Placing\") of new ordinary shares (\"Placing Shares\") in the Company to raise £2.0 million and the despatch of a related shareholder circular, Union Jack (AIM: UJO), an onshore oil and gas exploration company with a focus on drilling and development opportunities in the United Kingdom hydrocarbon sector, is pleased to announce that all resolutions proposed at the General Meeting of the Company held earlier today were duly passed.\n \nTotal voting rights\nAs a result, the Placing has become unconditional other than in respect of admission of the Placing Shares to trading on AIM. Application has been made for admission to trading on AIM of 666,666,641 Placing Shares. Admission of the Placing Shares on AIM is expected to become effective at 8.00 a.m. on 26 September 2014, following which there will be in total 2,378,420,570 ordinary shares in the capital of the Company in issue, each carrying equal voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Union Jack under the FCA's Disclosure and Transparency Rules.\n \nDirectors' holdings on Admission\nSet out below are the interests of the directors in the Company's Enlarged Share Capital subject to admission of the Placing Shares to trading on AIM.\n \n\n\n\n\nDirector\n\n\nNumber of Ordinary Shares\n\n\nPercentage of Enlarged Issued Share Capital\n\n\n\n\nJoseph O'Farrell1\n\n\n107,664,180\n\n\n4.53\n\n\n\n\nDavid Bramhill2\n\n\n48,664,580\n\n\n2.05\n\n\n\n\nRaymond Godson\n\n\n12,000,000\n\n\n0.50\n\n\n\n\nGraham Bull3\n\n\n4,000,000\n\n\n0.17\n\n\n\n\n \nNotes:\n(1) Joseph O`Farrell is a director and owner of 50 per cent. of the issued share capital of Gilmaul Limited. Gilmaul Limited holds 8,000,000 Ordinary Shares in the Company, which are included in the above figure.\n(2) David Bramhill is the 100 per cent. beneficial owner of Corby Limited, a company incorporated in England and Wales, that holds 6,200,000 Ord...