President Energy PLC Result of AGM (6879D)
27 Junio 2019 - 7:22AM
UK Regulatory
TIDMPPC
RNS Number : 6879D
President Energy PLC
27 June 2019
27 June 2019
PRESIDENT ENERGY PLC
("President", "the Company", or "the Group")
Result of AGM
President is pleased to announce that all resolutions proposed
to shareholders at the Company's AGM held at 11.00am today were
duly passed.
Contact:
President Energy PLC
Peter Levine, Executive Chairman
Rob Shepherd, Group FD +44 (0) 207 016 7950
finnCap (Nominated Advisor)
Christopher Raggett, Scott Mathieson +44 (0) 207 220 0500
Panmure Gordon (Joint Broker) +44 (0) 207 886 2500
Charles Lesser, Dominic Morley
Whitman Howard (Joint Broker) +44 (0) 207 659 1234
Hugh Rich, Grant Barker
Tavistock (Financial PR) +44 (0) 207 920 3150
Nick Elwes, Simon Hudson
Notes to Editors
President Energy is an oil and gas company listed on the AIM
market of the London Stock Exchange (PPC.L) primarily focused in
Argentina, with a diverse portfolio of operated onshore producing
and exploration assets.
The Company has operated interests in the Puesto Flores,
Estancia Vieja, Puesto Prado and Las Bases Concessions, Rio Negro
Province as well as in the Neuquén Basin of Argentina and in the
Puesto Guardian Concession, in the Noroeste Basin in NW Argentina.
Alongside this, President Energy has cash generative production
assets in Louisiana, USA and further significant exploration and
development opportunities through its acreage in Paraguay and
Argentina.
The Group is also actively pursuing value accretive acquisitions
of high-quality production and development assets in Argentina
capable of delivering positive cash flows and shareholder returns.
With a strong institutional base of support, including the IFC,
part of the World Bank Group, an in-country management team as well
as a Board whose interests are aligned to those of its
shareholders, President Energy gives UK investors rare access to
the Argentinian growth story combined with world class standards of
corporate governance, environmental and social responsibility.
This announcement contains inside information for the purposes
of article 7 of Regulation 596/2014
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END
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