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RNS Number : 3668O

Hardy Oil & Gas plc

01 October 2019

1 October 2019

Hardy Oil and Gas plc

(LSE: HDY)

Result of Extraordinary General Meeting

On 22 August 2019, Hardy Oil and Gas plc ("Hardy" or the "Company") announced and published a shareholder circular including a notice of general meeting ("General Meeting") in connection with the proposed sale of Hardy Exploration & Production (India) Inc. ("HEPI") to Invenire Energy Private Ltd ("Invenire") ("Sale") and the transfer of listing segment of its shares on the Official List from a Premium Listing to a Standard Listing ("Transfer of Listing").

At the General Meeting of the Company held today the requisite shareholder approval was given by way of a poll to approve the Sale and authorise the Transfer of Listing.

The votes cast at the General Meeting were as follows:

 
                                  For              Against       Withheld 
 Ordinary Resolution         Votes       %       Votes      % 
                          -----------  -----  ----------  ----  --------- 
 To approve the 
  sale of HEPI to 
  Invenire                 57,785,054   97.6   1,412,742   2.4     nil 
                          -----------  -----  ----------  ----  --------- 
 Special Resolution 
                          -----------  -----  ----------  ----  --------- 
 To approve the 
  transfer of the 
  Company's listing 
  category on the 
  Official List from 
  a Premium Listing 
  to a Standard Listing    57,785,054   97.6   1,412,742   2.4     nil 
                          -----------  -----  ----------  ----  ---------

Having obtained the requisite shareholder approval, the Company expects the Sale to complete tomorrow (2 October 2019) and has submitted an application to the FCA to effect the Transfer of Listing on 30 October 2019.

For further information please visit www.hardyoil.com or contact:

 
 Hardy Oil and Gas plc                     012 2461 2900 
 Ian MacKenzie, Chief Executive Officer 
  Richard Galvin, Treasurer & 
  Corporate Affairs Executive 
 
 Arden Partners plc                        020 7614 5900 
 Ciaran Walsh 
  Steve Douglas 
 Tavistock                                 020 7920 3150 
 Simon Hudson 
  Barney Hayward

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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October 01, 2019 07:46 ET (11:46 GMT)

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