BROOGE HOLDINGS ANNOUNCES SHAREHOLDER APPROVAL TO CHANGE NAME TO BROOGE ENERGY LIMITED
07 Abril 2020 - 3:05PM
Brooge Holdings Limited (NASDAQ: BROG) ("Brooge"), a midstream oil
storage and service provider strategically located outside the
Strait of Hormuz, adjacent to the Port of Fujairah in the United
Arab Emirates (“UAE”) through its wholly-owned subsidiary Brooge
Petroleum and Gas Investment Company FZE (“BPGIC”), announced that
it held an extraordinary general meeting of its shareholders today
and the shareholders of Brooge approved the change of the name of
Brooge to Brooge Energy Limited and the adoption of Amended and
Restated Memorandum and Articles of Association reflecting the new
name. Brooge expects to begin conducting business under its new
name beginning tomorrow, April 8, 2020.
About Brooge Holdings
Limited
Brooge Holdings conducts all of its business and
operations through its wholly-owned subsidiary Brooge Petroleum and
Gas Investment Company FZE (“BPGIC”), a Fujairah Free Zone Entity.
BPGIC is a midstream oil storage and service provider strategically
located outside the Strait of Hormuz adjacent to the Port of
Fujairah in the United Arab Emirates. BPGIC’s oil storage business
differentiates itself from competitors by providing its customers
with fast order processing times, excellent customer service and
high accuracy blending services with low oil losses. For more
information please visit www.broogeholdings.com.
Forward-Looking Statements
This report contains “forward-looking
statements” within the meaning of the safe harbor provisions of the
U.S. Private Securities Litigation Reform Act of 1995, that involve
risks and uncertainties concerning Brooge Petroleum and Gas
Investment Conpany FZE’s (“BPGIC”) and Brooge Energy Limited’s
(the “Company”) expected financial performance, as well as their
strategic and operational plans. The actual results may differ
materially from expectations, estimates and projections due to a
number of risks and uncertainties and, consequently, you should not
rely on these forward looking statements as predictions of future
events. Words such as “expect,” “estimate,” “project,” “budget,”
“forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,”
“should,” “believes,” “predicts,” “potential,” “continue,” and
similar expressions are intended to identify such forward-looking
statements. Readers are referred to the most recent reports filed
with or furnished to the SEC by the Company. Readers are cautioned
not to place undue reliance upon any forward-looking statements,
which speak only as of the date made, and we undertake no
obligation to update or revise the forward-looking statements,
whether as a result of new information, future events or
otherwise.
Contact
KCSA Strategic Communications
Valter Pinto / Elizabeth Barker
+1 212-896-1254 or +1 212-896-1203
BROG@kcsa.com
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