Regal Petroleum PLC
20 October 2003
Immediate Release 20 October 2003
Regal Petroleum plc ('the Company')
Result of Extraordinary General Meeting
At the Extraordinary General Meeting of the Company held today the Resolutions
put to Shareholders to effect the Placing and Acquisition, which was announced
on 26 September 2003, were duly passed.
The Placing remains conditional on completion of the Acquisition and Admission.
The Company expects to complete the Acquisition shortly and a further
announcement will be made in due course.
Application is being made for up to 41,086,667 New Ordinary Shares to be issued,
inter alia, under the Placing and the Acquisition, to be admitted to trading on
AIM. In the event that the Acquisition is completed on or before 24 October 2003
it is expected that trading in the New Ordinary Shares will commence on 27
October 2003.
In the event that the Acquisition completes after 27 October 2003 then Admission
will occur on the business day following completion of the Acquisition.
Words and expressions used in this announcement shall, unless the context
otherwise requires, bear the same meanings as set out in the circular to
Shareholders dated 26 September 2003 copies of which are available from Regal
Petroleum plc, 49 Albemarle Street, London W1S 4JR.
Contacts:
Buchanan Communications
Bobby Morse Tel No: 020 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange