JADESTONE ENERGY PLC

AGM Information • Jun 30, 2022

National Storage Mechanism | Additional information

RNS Number : 8186Q

Jadestone Energy PLC

30 June 2022

Jadestone Energy

Results of AGM

30 June 2022 - Singapore: Jadestone Energy plc (the "Company"), an independent oil and gas production company focused on the Asia-Pacific region, is pleased to announce that at the Annual General Meeting ("AGM") of the Company held on 30 June 2022 all of the resolutions set out in the Company's Notice of AGM dated 6 June 2022 were duly passed on a poll with the results as stated below. 

	Resolution	For	%	Against	%	Total	Withheld*
Ordinary resolutions
1	Annual accounts	255,130,341	100.00	0	0.00	255,130,341	846
2	Final dividend	255,130,341	100.00	0	0.00	255,130,341	846
3	Appointment of auditor	254,629,326	99.80	501,015	0.20	255,130,341	846
4	Auditor's remuneration	255,129,326	100.00	1,015	0.00	255,130,341	846
5	Re-elect Dennis McShane	251,722,349	98.66	3,408,838	1.34	255,131,187	0
6	Re-elect Alexander Paul Blakeley	255,090,387	99.98	40,800	0.02	255,131,187	0
7	Re-elect Robert Lambert	255,090,387	99.98	40,800	0.02	255,131,187	0
8	Re-elect Iain McLaren	255,090,387	99.98	40,800	0.02	255,131,187	0
9	Re-elect Lisa Stewart	255,090,387	99.98	40,800	0.02	255,131,187	0
10	Re-elect Cedric Fontenit	255,090,387	99.98	40,800	0.02	255,131,187	0
11	Re-elect David Neuhauser	255,130,341	100.00	846	0.00	255,131,187	0
12	Re-elect Jenifer Thien	255,130,341	100.00	846	0.00	255,131,187	0
13	Authority to allot shares	255,096,192	99.99	34,995	0.01	255,131,187	0
Special resolutions
14	Disapplication of pre-emption rights	255,093,359	99.99	32,833	0.01	255,126,192	4,995
15	Disapplication of pre-emption rights	255,093,359	99.99	32,833	0.01	255,126,192	4,995
16	Market purchase of own shares	255,131,187	100.00	0	0.00	255,131,187	0

* A vote withheld is not a vote in law and is not counted for the purposes of the calculation of the proportion of votes 'For' and 'Against' a resolution.

-ends-

For further information, please contact:

Jadestone Energy plc
Paul Blakeley, President and CEO	+65 6324 0359 (Singapore)
Phil Corbett, Investor Relations Manager	+44 7713 687467 (UK)
	ir@jadestone-energy.com
Stifel Nicolaus Europe Limited (Nomad, Joint Broker)	+44 (0) 20 7710 7600 (UK)
Callum Stewart
Jason Grossman
Ashton Clanfield
Jefferies International Limited (Joint Broker)	+44 (0) 20 7029 8000 (UK)
Tony White
Will Soutar
Camarco (Public Relations Advisor)	+44 (0) 203 757 4980 (UK)
Billy Clegg	jse@camarco.co.uk
Georgia Edmonds
James Crothers

About Jadestone Energy

Jadestone Energy plc is an independent oil and gas company focused on the Asia-Pacific region.  It has a balanced, low risk, full cycle portfolio of development, production and exploration assets in Australia, Malaysia, Indonesia and Vietnam.

The Company has a 100% operated working interest in the Stag oilfield and in the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential.  The Company also has interests in four oil producing licences offshore Peninsula Malaysia; two operated and two non-operated positions.  Further, the Company has a 100% operated working interest in two gas development blocks in Southwest Vietnam, and an operated 100% interest (assuming completion of the Hexindo stake acquisition, as announced in November 2021) in the Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field.

In addition, the Company has executed a sale and purchase agreement to acquire a 69% operated working interest in the Maari Project, shallow water offshore New Zealand, and is working with the seller to obtain final New Zealand government approvals.  

Led by an experienced management team with a track record of delivery, who were core to the successful growth of Talisman's business in Asia, the Company is pursuing an acquisition strategy focused on growth and creating value through identifying, acquiring, developing and operating assets in the Asia-Pacific region.

Jadestone Energy plc is listed on the AIM market of the London Stock Exchange.  The Company is headquartered in Singapore.  For further information on the Company please visit www.jadestone-energy.com.

This announcement does not contain inside information.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGKBLBXLQLFBBL