ELA Eland Oil & Gas Plc

TIDMELA

RNS Number : 4836C

Eland Oil & Gas PLC

28 June 2016

28 June 2016

Eland Oil & Gas PLC

("Eland" or the "Company")

Result of Annual General Meeting

Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce that all resolutions put to shareholders at the Company's Annual General Meeting yesterday were duly passed.

Set out below are the voting proxies in respect of the resolutions received by the Company at the close of register on 23 June 2016. The number of voting ordinary shares in issue at that date was 186,319,340.

 
 Resolution            For           %      Against     %     Votes         Withheld 
                                                               Total         * 
--------------------  ------------  -----  ----------  ----  ------------  --------- 
 Resolution 
  1 
  Annual Report 
  & Accounts           108,987,490   100    0           0     108,988,090   0 
--------------------  ------------  -----  ----------  ----  ------------  --------- 
 Resolution 
  2 
  Re-election 
  of Russell 
  Harvey               108,987,490   100    0           0     108,988,090   0 
--------------------  ------------  -----  ----------  ----  ------------  --------- 
 Resolution 
  3 
  Election of 
  Olivier Serra        108,967,158   100    0           0     108,967,758   20,332 
--------------------  ------------  -----  ----------  ----  ------------  --------- 
 Resolution 
  4 
  Election of 
  Grégory 
  Stoupnitzky          108,967,158   100    0           0     108,967,758   20,332 
--------------------  ------------  -----  ----------  ----  ------------  --------- 
 Resolution 
  5 
  Re-appointment 
  of auditor           108,987,490   100    0           0     108,988,090   0 
--------------------  ------------  -----  ----------  ----  ------------  --------- 
 Resolution 
  6 
  Directors' 
  authority 
  to determine 
  auditor's 
  remuneration         108,987,490   100    0           0     108,988,090   0 
--------------------  ------------  -----  ----------  ----  ------------  --------- 
 Resolution 
  7 
  Directors' 
  authority 
  to allot ordinary 
  shares               108,967,158   100    0           0     108,967,758   20,332 
--------------------  ------------  -----  ----------  ----  ------------  --------- 
 Resolution            For           %      Against     %     Votes         Withheld 
                                                               Total         * 
--------------------  ------------  -----  ----------  ----  ------------  --------- 
 Resolution 
  8** 
  Disapplication 
  of statutory 
  pre-emption 
  rights on 
  allotment 
  of shares            105,37,1945   96.7   3,595,213   3.3   108,967,758   20,332 
--------------------  ------------  -----  ----------  ----  ------------  --------- 
 Resolution 
  9** 
  Purchase of 
  own shares 
  by the Company       108,967,158   100    0           0     108,967,758   20,332 
--------------------  ------------  -----  ----------  ----  ------------  --------- 
 

* A vote withheld is not a vote in law and is not counted for the purposes of the calculation of the proportion of votes 'For' or 'Against' a resolution.

** Indicates a Special Resolution.

For further information:

Eland Oil & Gas PLC (+44 (0)1224 737300)

www.elandoilandgas.com

George Maxwell, CEO

Olivier Serra, CFO

Finlay Thomson, IR

Canaccord Genuity Limited (+44 (0)20 7523 8000)

Henry Fitzgerald O'Connor

Nilesh Patel

Panmure Gordon (UK) Limited (+44 (0)20 7886 2500)

Adam James / Atholl Tweedie

Tom Salvesen

Camarco (+44 (0) 203 757 4980)

Billy Clegg / Georgia Mann

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGUWUKRNOANURR

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