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RNS Number : 1471Z

Petroneft Resources PLC

08 January 2020

PetroNeft Resources PLC

8 January 2020

PetroNeft Resources plc ("PetroNeft" or the "Company")

Result of Extraordinary General Meeting

The board of PetroNeft is pleased to announce that all resolutions proposed to shareholders at the Company's extraordinary general meeting held in Dublin on 7 January 2020 were duly passed. The meeting was to approve the Placing announced on 12 December 2019 and the issue of 107,755,037 Placing Shares at a price of GBP0.015 each.

Application for Admission in respect of the Placing Shares will be made to both the London Stock Exchange and Euronext Dublin and it is expected that Admission will become effective and that dealings in the Placing Shares will commence on AIM and Euronext Growth at 8.00 a.m. on 13 January 2020.

Contacts

David Sturt, CEO, PetroNeft Resources plc

+971 55 1919 808

End

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END

ROMFLFLILFITIII

(END) Dow Jones Newswires

January 08, 2020 05:14 ET (10:14 GMT)

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