Result of General Meeting
Corcel PLC announced that the resolution proposed at its General Meeting was passed with an overwhelming majority of 99.44% of votes cast in favour, representing 3,157,045,152 shares. This strong shareholder support indicates confidence in the company's direction and proposals, which could positively impact its stock share price.
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Corcel Plc (London AIM: CRCL), the Angola-Brazil-focused energy company, advises that the Company held its General Meeting (GM) earlier today and is pleased to announce that the resolution proposed at the GM was duly passed.
The resolution put to the GM was voted on by way of a poll and the result is as follows:
| Resolution | For | % | Against | % | Withheld |
|---|---|---|---|---|---|
| One | 3,157,045,152 | 99.44 | 17,811,136 | 0.56 | 23,994 |
- 20% interest in the IRAI gas field
- Right-of-first refusal ("ROFR") over the remaining 80% in the IRAI field
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.