24 January 2025
SDX ENERGY PLC ("SDX" or the "Company")
RESULT OF GENERAL MEETING
SDX announces that, at the General Meeting of the Company held earlier today, both resolutions were duly passed by shareholders by way of a poll.
The results of the poll were as follows:
| | Special Resolutions | For | % | Against | % | Withheld |
| 1 | To approve the cancellation of admission of ordinary shares to trading on AIM | 85,990,092 | 82.85% | 17,795,409 | 17.15% | 0 |
| 2 | To approve the re-registration as a private limited company and adopt new articles | 86,007,039 | 82.87% | 17,778,462 | 17.13% | 0 |
Jay Bhattacherjee, Independent Non-Executive Chairman, commented:
"At today's meeting, more than 50% of the Company's shareholders voted and, of those, over 80% voted in favour of the two resolutions. Shareholders have expressed a clear view that the Company should delist from AIM and become a private limited company.
We are pleased that the turnout of shareholders was strong and look forward to exciting opportunities as a private business."
AIM Delisting
Following approval by Shareholders at the General Meeting, the admission of the ordinary shares of 1 pence in the capital of the Company (the "Ordinary Shares") to trading on AIM will be cancelled (the "AIM Delisting"). The AIM Delisting is expected to take place at 7:00 a.m. on 3 February 2025 and, accordingly, the last day of dealings in Ordinary Shares on AIM is expected to be 31 January 2025.
For further information:
| SDX Energy Plc Daniel Gould, Chief Executive Officer William McAvock, Chief Financial Officer Tel: +44 (0) 20 3219 5640
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| Shore Capital (Nominated Adviser and Broker) Toby Gibbs/Harry Davies-Ball Tel: +44 (0) 20 7408 4090 | |
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About SDX
For further information, please see the Company's website at www.sdxenergygroup.com or the Company's filed documents at www.sedar.com.
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