🎈 Up Big Today: Find today's biggest gainers with our free screenerTry Stock Screener

Global Petroleum shareholders approve resolutions

Published 05/12/2024, 10:22 pm

LONDON - Global Petroleum Limited announced today that its Annual General Meeting (AGM) of shareholders resulted in the passage of all proposed resolutions. The meeting, which took place on Thursday, saw the re-election of two directors and the approval of a company name change.

The re-election of Mr. Omar Ahmad and Mr. Hamza Choudhry as directors was confirmed with a significant majority of votes. The proposal to change the company's name also received overwhelming support from the shareholders. Detailed proxy votes were disclosed, showing that over 575 million votes were in favor of each resolution, with around 13.7 million against, and minimal abstentions.

This update follows the company's compliance with the UK Market Abuse Regulations (MAR), ensuring that the information, which is considered inside information, was made public through a Regulatory Information Service (RIS).

The company has provided the vote outcomes in accordance with Section 251AA(2) of the Corporations Act 2001. The total votes cast were 588,935,660 for each of the resolutions, reflecting a high level of shareholder participation.

Global Petroleum Limited has directed those interested in further details to visit their website or contact their company representatives. The announcement of the AGM results is the sole responsibility of the company.

The information shared in this article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.