Business
Result of EGM and Return of C
Result of EGM and Return of C.
About this update from Westmount Energy Limited
[{"type":"text","content":"\n RNS Number : 5426M Westmount Energy Limited 30 January 2009 \n \nWestmount Energy Limited\n('Westmount' or the 'Company')\n30 January 2009 \nResult of EGM and Return of Capital \nAt the Extraordinary General Meeting of Westmount Energy Limited ('Westmount') held in Jersey today, the shareholders approved the proposed return of capital to shareholders. \nAs set out in the Circular to Shareholders dated 19 December 2008, all enabling resolutions were duly passed. Capital of the equivalent of 65 pence per Ordinary Share (in aggregate approximately GBP4,500,000) will be returned to shareholders. \nThe agreed return of 65 pence per B share is expected to be completed on 6 February 2009. \nCommenting on the Return of Capital Mr Mervyn Bradlow, Chairman, stated: \n'I am pleased that Westmount has completed another major step in its stated plans to return value to shareholders. The board will continue to monitor the Company's remaining investments to ensure they continue to be attractive to shareholders'. \n\nContacts:\n\nPaul R. Anderson,\nWestmount Energy Limited Tel: 01534 814209\n\nGavin J. Burnell,\nBrett L. Miller,\nRuegg & Co. Limited Tel: 020 7584 3663\n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END REGILFELLVIIVIA \n ","length":2805,"tagName":"div"}]