SDX ENERGY Announces Results of General Meeting

Source: www.gulfoilandgas.com 1/24/2025, Location: Europe

SDX announces that, at the General Meeting of the Company held earlier today, both resolutions were duly passed by shareholders by way of a poll.

Jay Bhattacherjee, Independent Non-Executive Chairman, commented:
"At today's meeting, more than 50% of the Company's shareholders voted and, of those, over 80% voted in favour of the two resolutions. Shareholders have expressed a clear view that the Company should delist from AIM and become a private limited company.

We are pleased that the turnout of shareholders was strong and look forward to exciting opportunities as a private business."

AIM Delisting
Following approval by Shareholders at the General Meeting, the admission of the ordinary shares of 1 pence in the capital of the Company (the "Ordinary Shares") to trading on AIM will be cancelled (the "AIM Delisting"). The AIM Delisting is expected to take place at 7:00 a.m. on 3 February 2025 and, accordingly, the last day of dealings in Ordinary Shares on AIM is expected to be 31 January 2025.


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