Gasol plc Result of AGM and share consolidation (8438M)

TIDMGAS

RNS Number : 8438M

Gasol plc

21 September 2012

Gasol plc

('Gasol' or the 'Company')

Result of AGM and share consolidation

Gasol (AIM: GAS), the West African energy development company, is pleased to announce that all resolutions put to the Annual General Meeting were passed today.

The Company's 1,619,692,550 Existing Ordinary Shares in issue at 5.00 p.m. today will be consolidated, on the basis of 1 New Ordinary Share for every 50 Existing Ordinary Shares held, into 32,393,851 New Ordinary Shares.

The New Ordinary Shares will have the same rights and be subject to the same restrictions and ranking on the same basis as the Existing Ordinary Shares. Application has been made for the New Ordinary Shares to be admitted to trading on AIM.

It is expected that admission will become effective, and that dealings in the New Ordinary Shares will become effective, at 8.00 a.m. on 24 September 2012.

- Ends -

Enquiries

 
 Gasol plc 
  Alan Buxton, Chief Operating Officer    +44 (0) 20 7290 3300 
 Panmure Gordon (UK) Limited 
  Dominic Morley (Corporate Finance) 
  Callum Stewart (Corporate Finance) 
  Adam Pollock (Corporate Broking)        +44 (0) 20 7459 3600 
 Pelham Bell Pottinger 
  Olly Scott                              +44 (0) 20 7861 3891

This information is provided by RNS

The company news service from the London Stock Exchange

END

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