THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
20 July 2022
ADM Energy PLC
("ADM" or the "Company")
Result of Annual General Meeting
ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, announces that at the Annual General Meeting of the Company held earlier today, all resolutions were duly passed.
Enquiries:
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ADM Energy plc |
+44 20 7459 4718 |
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Osamede Okhomina, CEO |
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Cairn Financial Advisers LLP |
+44 20 7213 0880 |
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(Nominated Adviser) |
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Jo Turner, James Caithie |
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Hybridan LLP |
+44 20 3764 2341 |
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(Broker) |
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Claire Louise Noyce |
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ODDO BHF Corporates & Markets AG |
+49 69 920540 |
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(Designated Sponsor) |
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Michael B. Thiriot |
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Luther Pendragon |
+44 20 7618 9100 |
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(Financial PR) |
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Harry Chathli, Alexis Gore, Tan Siddique |
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About ADM Energy PLC
ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria. ADM Energy holds a 9.2% profit interest in the oil producing Aje Field, part of OML 113, which covers an area of 835km² offshore Nigeria. Aje has multiple oil, gas, and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date.
ADM Energy is seeking to build on its existing asset base in Nigeria and target other investment opportunities across the West African region in the oil and gas sector with attractive risk reward profiles such as proven nature of reserves, level of historic investment, established infrastructure and route to early cash flow.