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14 May 2025 23:16:42
- Source: Sharecast
14 May 2025
Coro Energy Plc
("Coro" or the "Company")
Results of General Meeting
Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio, announces that the Company held its General Meeting ("GM") earlier today at which the resolution to approve the sale of Coro's participating interest in the Duyung PSC was passed.
The total number of proxy votes appointing the Chairman received in respect of the Shareholder Resolution were as follows:
|
Resolution |
For |
% |
Against |
% |
Withheld |
|
To approve the sale of Coro's participating interest in the Duyung PSC |
54,661,509 |
91.57 |
5,030,848 |
8.43 |
182,790 |
Note: a vote "withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "for" or "against" any resolution.
As set out in the previous announcement dated 10 April 2025, the sale is also conditional on approval from Indonesia's Ministry of Energy and Mineral Resources having been obtained on or before 31 August 2025.
For further information please contact:
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Coro Energy plc
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Via Vigo Consulting Ltd
|
|
Cavendish Capital Markets Limited (Nominated Adviser) Adrian Hadden Ben Jeynes
|
Tel: 44 (0)20 7220 0500 |
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Hybridan LLP (Nominated Broker) Claire Louise Noyce |
Tel: 44 (0)20 3764 2341
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|
|
Vigo Consulting (IR/PR Advisor) Patrick d'Ancona Finlay Thomson
|
Tel: 44 (0)20 7390 0230 |
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