27 October 2016

BLENHEIM NATURAL RESOURCES PLC

("Blenheim" or the "Company")

Result of AGM

At the annual general meeting of the Company held earlier today, all resolutions were rejected by shareholders on a poll. 

Accordingly, Konrad Legg and David Ovadia, who were proposed to be re-elected by rotation, stand down from the board with immediate effect.

The board of Blenheim is in discussions with shareholders regarding the appointment of replacement directors, and further announcements will be made in due course.

The Company will also convene a general meeting to approve, inter alia, the directors' rights to issue shares and disapply pre-emption rights, and a further announcement will be made in due course.

Blenheim's Chairman Chris Ells, comments, "I wish to extend the board's thanks to Konrad and David for their valuable contributions to the Company.  I wish them both every success for the future."

Ends

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The information contained within this announcement is considered to be inside information, for the purposes of Article 7 of EU Regulation 596/2014, prior to its release.