Result of General Meeting
Block Energy plc announced that all resolutions were passed at its General Meeting, with strong shareholder support for the Directors' authority to allot securities related to the Conditional Fundraise Shares and for further share issuances. Following the meeting, 345,893,916 new Ordinary Shares, comprising 341,387,200 Conditional Placing Shares and 4,506,716 Retail Offer Shares, were allotted. Admission of these shares to AIM is expected on or around 19 May 2026, at which point the Company's total issued share capital will be 1,469,379,955 ordinary shares.
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Block Energy plc (AIM: BLOE), announces that at the General Meeting held earlier today, all the resolutions were passed.
| For | % For | Against | % Against | Withheld | |
|---|---|---|---|---|---|
| 1) ORDINARY RESOLUTION To approve the Directors' authority to allot securities in respect of the Conditional Fundraise Shares. | 448,751,056 | 97.5% | 11,285,445 | 2.5% | 20,585 |
| 2) ORDINARY RESOLUTION To approve the Directors' authority to allot securities in respect of up to a further 490,000,000 new Ordinary Shares | 448,751,056 | 97.6% | 10,939,275 | 2.4% | 366,755 |
| 3) SPECIAL RESOLUTION To disapply statutory pre-emption rights in respect of the Conditional Fundraise Shares. | 448,253,957 | 97.4% | 11,782,544 | 2.6% | 20,585 |
| 4) SPECIAL RESOLUTION To disapply statutory pre-emption rights in respect of up to a further 147,000,000 new Ordinary Shares. | 448,253,957 | 97.5% | 11,436,374 | 2.5% | 366,755 |
Allotment of Shares
At a Board meeting held following the General Meeting, 345,893,916 new Ordinary Shares (341,387,200 Conditional Placing Shares and 4,506,716 Retail Offer Shares) have been allotted.
Admission and Total Voting Rights
Application has been made to the London Stock Exchange for admission of the Conditional Placing Shares and the Retail Offer Shares to trading on AIM. It is expected that admission will become effective and dealings in the Conditional Placing Shares and the Retail Offer Shares will commence on AIM at 8.00 a.m. on or around 19 May 2026.
Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 1,469,379,955 with 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, the Company's issued share capital pursuant to the Company's articles of association.
Capitalised terms used but not otherwise defined in this announcement shall have the meanings ascribed to such terms in the Company's announcement made at 5.04 p.m. on 28 April 2026, unless the context requires otherwise.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.