REG - Georgina Energy PLC - Results of General Meeting

Georgina EnergyAnnouncement

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RNS Number : 1575B  Georgina Energy PLC  20 April 2026

20(th) April 2026

 

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR
MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF (A) ARTICLE
7(1) OF UK MAR IN SO FAR AS IT RELATES TO ORDINARY SHARES ISSUED BY GEORGINA
ENERGY PLC

 

Georgina Energy plc

("Georgina", "Georgina Energy" or the "Company")

 

Results of General Meeting

 

Following the General Meeting held at 10.00 a.m. today (the "General
Meeting"), the Company can confirm that all resolutions were passed by
shareholders.

 

The resolutions are re-stated as follows:

 

1.   authorising the allotment of New Ordinary Shares to Central Petroleum
Limited ("CTP") pursuant to the proposed acquisition of the entire issued
share capital of Frontier O&G and Ordiv Petroleum, holders of: (i) a 30%
interest in EP 125 Mt Kitty; and (ii) a 45% interest in EP 112 Dukas (the
"Acquisition");

2.   a proposed capital reorganisation through the sub-division of the
Company's existing ordinary shares of £0.05 each ("Ordinary Share") into one
ordinary share of £0.01 (a "New Ordinary Share") and one deferred share of
£0.04 (the "Capital Reorganisation");

3.   allotment of up to £2.5 million New Ordinary Shares pursuant to the
entry into an at-the-market equity facility (the "ATM Facility") for the
purposes of general working capital over the course of the subsequent five
years from the execution of the ATM Facility; and

4.   proposed amendments to the Company's Articles of Association (the
"Articles") in connection with the Capital Reorganisation.

 

Voting on the Resolutions proposed at the General Meeting were conducted by
way of poll.

 

The number of votes for and against the Resolutions put before the General
Meeting, as well as the number of votes withheld, were as follows:

 

 Resolution                                     Votes for   Votes for (%)  Votes against  Votes against (%)  Total votes  Votes withheld
 Capital Reorganisation                         43,021,347  91.18          4,163,879      8.82               47,185,226   0
 Authorise Directors to allot shares            43,898,439  93.1           3,265,679      6.9                47,164,118   21,108
 Disapply statutory pre-emption rights          43,919,533  93.1           3,265,693      6.9                47,185,226   0
 Approve amendments to Articles of Association  43,169,720  91.5           4,010,501      8.5                47,180,221   5,005

 

 

END

 

Enquiries

 

Georgina Energy

 Tony Hamilton  via georginaenergy@apcoworldwide.com (mailto:georginaenergy@apcoworldwide.com)
 Mark Wallace

Tavira Financial Ltd - Financial Adviser and Joint Broker

 Jonathan Evans     +44 (0)20 3833 3719
 Oliver Stansfield

 

Financial PR via GeorginaEnergy@apcoworldwide.com
(mailto:GeorginaEnergy@apcoworldwide.com)

 Violet Wilson  +44 (0)203 757 4980

 

Notes to Editors

Georgina Energy aims to become a leading player in the global energy market
and is focused on establishing itself among the top producers of Helium and
Hydrogen worldwide. With a strategic approach and leveraging the experienced
management team's expertise, Georgina Energy aims to capitalize on
opportunities in these critical energy sectors.

 

Georgina Energy has two principal onshore interests held through its wholly
owned Australian subsidiary, Westmarket O&G.  The first, the Hussar
Prospect is located in the Officer Basin in Western Australia and Westmarket
O&G holds a 100% working interest in the exploration permit.  The second,
the EPA155 Mt Winter Prospect, is located in the Amadeus Basin in the Northern
Territory, subject to completion of the Sale Agreement Georgina Energy will
hold a 100% working interest. Additional subsalt prospect re-entry
opportunities (Mt Kitty and Dukas prospects)  into known Helium, Hydrogen and
Hydrocarbon reservoirs in the Amadeus Basin in the Northern Territory with
drilled  occurrences of high concentrations of these gases (up to 9.5%, 11%
and 40% respectively) are expected to be acquired via imminent settlement of a
Sale and Purchase Agreement with the current owners, ASX listed Central
Petroleum Limited.

 

In line with market demand trends, Georgina Energy is well-positioned to
capitalize on the growing gap between supply and demand for hydrogen and
helium with the resource potential of EPA155 Mt Winter,EP513 Hussar and the Mt
Kitty and Dukas projects for their potential accumulations.

 

For more information visit https://www.georginaenergy.com
(https://www.georginaenergy.com/)

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