TIDMADME

RNS Number : 4475V

ADM Energy PLC

13 December 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

13 December 2021

ADM Energy PLC

("ADM" or the "Company")

Result of General Meeting

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, announces that at its General Meeting held earlier today, all resolutions put to shareholders were duly passed.

The Company announced on 15 November 2021 that it had raised GBP475,000 by way of a placing for new ordinary shares in the Company and a subscription by certain Directors (together the "Fundraise"). As part of the Fundraise, and subject to the Company seeking additional share authorities from shareholders at a general meeting, the Company conditionally agreed to issue 6,666,667 warrants to Monecor (London) Limited, with an exercise price of 3p each for a period of two years from Admission ("Warrants"). The Company confirms that, following the passing of the resolutions at the General Meeting, the Warrants will now be issued.

Enquiries:

 
ADM Energy plc                             +44 20 7459 4718 
Osamede Okhomina, CEO 
www.admenergyplc.com 
 
Cairn Financial Advisers LLP               +44 20 7213 0880 
(Nominated Adviser) 
Jo Turner, James Caithie 
 
Hybridan LLP                               +44 20 3764 2341 
(Broker) 
Claire Louise Noyce 
 
ODDO BHF Corporates & Markets AG           +49 69 920540 
(Designated Sponsor) 
Michael B. Thiriot 
 
Luther Pendragon                           +44 20 7618 9100 
(Financial PR) 
Harry Chathli, Alexis Gore, Tan Siddique 
 

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END

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December 13, 2021 06:33 ET (11:33 GMT)

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