LONDON - SDX Energy PLC, an oil and gas exploration company, has announced that its previously postponed General Meeting (GM) will now take place at 11:00 a.m. on Friday, January 24, 2025, at 38 Welbeck Street in London. This meeting is crucial as shareholders will vote on the proposed delisting of the company's Ordinary Shares from the AIM market of the London Stock Exchange (LON:LSEG).
The company's decision to delist requires the approval of at least 75% of the votes cast by shareholders. If the delisting is approved, the last day of trading of SDX Energy's Ordinary Shares on AIM is expected to be January 31, 2025, with the cancellation taking effect at 7:00 a.m. on February 3, 2025.
In addition to the delisting, shareholders will also vote on the re-registration of the company, which is contingent on the same level of approval. The expected date for the re-registration is by February 3, 2025.
Shareholders are advised to submit their proxy votes online or complete Forms of Proxy concerning the General Meeting by 11:00 a.m. on January 22, 2025. The company has made available the Notice of General Meeting and Notice of AGM on its website for interested parties.
SDX Energy's CEO Daniel Gould and CFO William McAvock are available for contact through the company's London office for further information regarding the General Meeting and the proposed corporate actions.
The information about the General Meeting and the associated corporate actions is based on a press release statement issued by the company. Investors and stakeholders are recommended to visit the SDX Energy website or the filed documents at www.sedar.com for further details and updates, as the times and dates are subject to change.
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