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President Energy PLC - Result of AGM

RNS Number : 7914T
President Energy PLC
22 July 2020
 

22 July 2020

 

PRESIDENT ENERGY PLC

("President" or the "Company")

 

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.

The Investor Meet Presentation can be found in the Presentations section of the Company's website www.presidentenergyplc.com.

Recordings of both the AGM and Investor Meet Presentation from today will be available shortly and can be found within the media section of the Company's website.

 

Contact:

 

President Energy PLC

Peter Levine, Chairman

Rob Shepherd, Group FD

 

 

+44 (0) 207 016 7950

 

finnCap (Nominated Advisor)

Christopher RaggettCharlie Beeson

+44 (0) 207 220 0500

 

Shore Capital (Corporate Broker)

Jerry Keen, Antonio Bossi

 

 

+44 (0) 207 408 4090

Tavistock (Financial PR)

Nick ElwesSimon Hudson

+44 (0) 207 920 3150

 

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, and Angostura exploration contract, all of which are situated in the Rio Negro Province 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 as well as the international commodity trader and logistics company Trafigura, an in-country management team as well as a Board whose interests are aligned to those of its shareholders, President Energy gives UK investors access to the Argentina energy 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

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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RAGSEAFEEESSEIW

Quick facts: President Energy PLC

Price: 1.525

Market: AIM
Market Cap: £30.73 m
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