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i3 Energy PLC Announces Result of General Meeting

EASTLEIGH, ENGLAND / ACCESSWIRE / June 3, 2021 / i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce that, following the conclusion of its general meeting held earlier today, the resolution was duly passed to cancel the Company's share premium account.

The table below sets out the results of the voting on the resolution:

Resolution

Votes for

%

Votes against

%

To cancel the Company's share premium account.

219,199,236

100%

Nil

0%

Enquiries:

 

i3 Energy plc

 
 

Majid Shafiq (CEO) / Graham Heath (CFO)

c/o Camarco
Tel: +44 (0) 203 781 8331

 

WH Ireland Limited (Nomad and Joint Broker)

 
 

James Joyce, James Sinclair-Ford

Tel: +44 (0) 207 220 1666

 

Canaccord Genuity Limited (Joint Broker)

 
 

Henry Fitzgerald- O'Connor, James Asensio

Tel: +44 (0) 207 523 8000

 

Tennyson Securities (Joint Broker)
Peter Krens

Tel: +44 (0) 207 186 9030

 

Camarco
Owen Roberts, James Crothers, Violet Wilson


Tel: +44 (0) 203 781 8331

Notes to Editors:

i3 Energy is an oil and gas Company with a low cost, diversified, growing production base in Canada's most prolific hydrocarbon region, the Western Canadian Sedimentary Basin and appraisal assets in the North Sea with significant upside.

The Company is well positioned to deliver future growth through the optimisation of its existing 100% owned asset base and the acquisition of long life, low decline conventional production assets.

i3 is dedicated to responsible corporate practices and the environment, and places high value on adhering to strong Environmental, Social and Governance ("ESG") practices. i3 is proud of its performance to date as a responsible steward of the environment, people, and capital management. The Company is committed to maintaining an ESG strategy, which has broader implications to long-term value creation, as these benefits extend beyond regulatory requirements.

i3 Energy is listed on the AIM market of the London Stock Exchange under the symbol I3E and on the Toronto Stock Exchange under the symbol ITE. For further information on i3 Energy please visit https://i3.energy/

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 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.

SOURCE: i3 Energy PLC



View source version on accesswire.com:
https://www.accesswire.com/650273/i3-Energy-PLC-Announces-Result-of-General-Meeting

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