Atlantis Resources Limited Result of Shareholder votes at General Meeting (2933R)
June 13 2018 - 7:35AM
UK Regulatory
TIDMARL
RNS Number : 2933R
Atlantis Resources Limited
13 June 2018
13 June 2018
RESULT OF SHAREHOLDER VOTES AT GENERAL MEETING
Atlantis Resources Limited ("Atlantis" or the "Company")
Result of Shareholder votes at General Meeting
At the Company's General Meeting held earlier today, 13 June
2018, both of the resolutions were passed on a poll. The results of
the poll are set out below.
In Favour Against Total Withheld
Votes
Cast
------------------------ -------------------- ---------------- ----------- ---------
Resolution No of % of No % of No of No of
votes votes of votes votes votes
votes
------------------------ ----------- ------- ------- ------- ----------- -----------
To approve
the acquisition
of SIMEC Uskmouth
Power Limited,
to authorise
the directors
to allot the
Ordinary Shares
in the Company
to be issued
pursuant to
the Acquisition
and the Placing
and to change
the name of
the Company
to SIMEC Atlantis
Energy Limited. 84,123,046 99.93 57,984 0.07 84,181,030 0
------------------------ ----------- ------- ------- ------- ----------- -----------
Waiver by Independent
Atlantis Shareholders
of the right
to receive
a general offer
from SIMEC
UK Energy Holdings
Ltd (and any
person acting
in concert
with it), arising
from SIMEC
obtaining through
the Acquisition
an interest
in the Enlarged
Share Capital
of Atlantis
of approximately
49.99 per cent. 84,122,646 99.93 58,384 0.07 84,181,030 0
------------------------ ----------- ------- ------- ------- ----------- -----------
A "vote withheld" is not a vote in law and is not counted in the
calculation of the proportion of the votes for and against the
resolution.
The completion of the Acquisition and the Placing is expected to
occur on 15 June 2018 and, with effect from the same date, the
Company's name will change to SIMEC Atlantis Energy Limited.
Application has been made for the Placing Shares, the
Consideration Shares and the SIMEC Loan Completion Shares to be
admitted to trading on AIM. It is expected that Admission of such
shares will become effective and that dealings will commence on 15
June 2018. It is also expected that on 15 June 2018, the Company's
existing Ordinary Shares will be re-admitted to trading on AIM.
Unless otherwise defined, the terms used in this announcement
have the meanings set out in the Company's announcement published
on 21 May 2018.
For further information please contact:
Atlantis Resources Limited Via FTI Consulting
Tim Cornelius, Chief Executive
Andrew Dagley, Finance Director
Evercore Partners International LLP (Financial Adviser)
Marcus Thompson +44(0)20 7653 6000
Cantor Fitzgerald Europe
(Nominated Adviser, Joint Broker and Joint Bookrunner) +44(0)20 7894 7000
Rick Thompson
Richard Salmond
David Porter
Macquarie Capital (Europe) Limited (Joint Broker
and Joint Bookrunner) +44(0)20 3037 2000
Nick Stamp
FTI Consulting +44(0)20 3727 1000
Ben Brewerton
Alex Beagley
James Styles
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.
END
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