|31 January 2017 - Result of AGM and total voting rights|
The Board of InfraStrata plc (AIM:INFA), the independent gas storage company, is pleased to announce that at the Company's annual general meeting ("AGM") held today, all resolutions put before the meeting were duly passed.
A copy of the presentation that was given at the meeting, which provides a reminder of the fundamentals of the Islandmagee gas storage project and future plans, will be available on the Company's website later today at:
Share capital reorganisation
Pursuant to the passing of resolution 8 at the AGM, the share capital reorganisation to change the nominal value of the Company's ordinary shares will take effect from close of business today. As a result of the share capital reorganisation, the Company's issued share capital will comprise 188,041,599 ordinary shares of 0.01p each ("Ordinary Shares") and in addition 895,424,391 deferred shares of 1p each (with no voting rights) and 18,616,118,301 second deferred shares of 0.01p each (with no voting rights).
The 188,041,599 Ordinary Shares will be admitted to trading on AIM from 1 February 2017 ("Admission"). The share capital reorganisation will not change the number of ordinary shares currently in issue.
The Company's ISIN (GB00B28YMP66), SEDOL (B28YMP6) and TIDM (INFA) will remain the same and existing share certificates will remain valid and will not be replaced.
In conjunction with the share capital reorganisation and pursuant to the passing of resolution 9, the Company's articles of association have been amended and will shortly be available on the Company's website http://www.infrastrata.co.uk/ .
Total Voting Rights
Following Admission, the Company's total issued ordinary share capital will consist of 188,041,599 ordinary shares of 0.01p each, with one voting right each. No Ordinary Shares are held in treasury and therefore the total number of Ordinary Shares and voting rights in the Company will be 188,041,599 from Admission. This is the figure that should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.