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07 June 2022
Corre Energy B.V.
("Corre Energy" or the "Company")
Result of EGM
Corre Energy, a leader in the origination, development, construction and commercialisation of Long Duration Energy Storage ("LDES") projects and services that will accelerate decarbonisation and enhance the security and flexibility of energy systems, is pleased to announce that at its extraordinary general meeting ("EGM") held earlier today, in relation to the Company's proposed placing to raise €10.9 million by way of the issue of 5,880,498 new shares (the "Placing Shares"), each of the resolutions put to the EGM were duly passed.
The full text of the resolutions was included in the Agenda and Explanatory Notes for the EGM, published on the Company's website on 24 May 2022 (https://corre.energy/investor/regulatory-news/).
The voting results are set out below:
| Agenda Item |
Votes For |
% |
Votes Against |
% |
Votes Total |
% of ISC Voted |
Votes Abstain |
| 3a - Resolve to issue new shares |
50,047,636 |
100.0 |
0 |
0.0 |
50,047,636 |
80.7 |
0 |
| 3b - Resolve to exclude pre-emptive rights |
50,047,636 |
100.0 |
0 |
0.0 |
50,047,636 |
80.7 |
0 |
Application has been made to Euronext Growth Dublin for the Placing Shares to be admitted to trading on Euronext Growth. It is expected that the Placing Shares will be issued before, and Admission will occur at, 8:00 am on 08 June 2022.
Following Admission, the total number of issued shares in the capital of the Company will be 67,899,344 shares.
For further information, please contact:
| Corre Energy B.V. Keith McGrane, CEO Patrick McClughan, CSO Matthew Savage, CFO (Interim) Stephanie Casey, Head of Investor Relations
|
|
Tel: +31 50 799 5060
|
| Davy (Placing Agent/Bookrunner, Broker & Euronext Growth Listing Sponsor) Barry Dixon John Frain Niall Gilchrist Aoife Foley |
|
Tel: +353 1 679 6363 +353 (0) 1 614 8922 +353 (0) 1 614 8761 +353 (0) 1 614 2878 +353 (0) 1 614 2873 |
|
Murray PR (Financial PR and IR)
Pat Walsh, Managing Director |
|
+353 1 498 0300 |
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