17 February 2025
PENNPETRO ENERGY PLC
("Pennpetro" or the "Company")
Adjournment of Annual General Meeting
Pennpetro (LSE: PPP) confirms that the Annual General Meeting of shareholders held on 17 February 2025 at 11:00 a.m. at 1 Heddon Street, London, W1B 4BD has been adjourned pursuant to Article 71 of the Company's Articles of Association.
Pursuant to this Article, with the consent of the Meeting, the Chairman may adjourn a Shareholders' Meeting from time to time and place to place. On the basis of legal advice received by the Company, such adjournment was proposed given that the Audited Accounts of the Company for the year ended 31 March 2024 are not yet completed, and it would seem more appropriate to deal with all of the resolutions (particularly Resolution 1 concerning the reappointment of the Auditors) once these Accounts have been finalised. It will result in a more meaningful meeting for all shareholders.
The consent of the Meeting had been granted and accordingly adjourn this AGM.
For further information, please contact:
| Pennpetro Energy PLC Stephen Lunn, Chairman |
stephengarylunn@gmail.com |
| Peterhouse Capital Limited (Company Broker) Lucy Williams Duncan Vasey |
+44 (0) 20 7469 0930 +44 (0) 20 7220 9797 |
| Flagstaff Strategic and Investor Tim Thompson Alison Allfrey Anna Probert
|
+44 (0)20 7129 1474 pennpetro@flagstaffcomms.com |
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