Addax Petroleum(AXC)

Sector:

Oil & Gas Producers

Market Cap

£2,834.90m

Change Today

0.000p

Share Price

1,811.00p

Result of Annual Meeting

RNS Number : 6742X
Addax Petroleum Corporation
26 June 2008
 



REGULATORY ANNOUNCEMENT


 

ADDAX PETROLEUM CORPORATION

RESULTS OF ANNUAL MEETING


In respect of the annual meeting of shareholders of Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX:AXC and LSE:AXC), held earlier today, the following sets forth a description of all the resolutions proposed at the annual meeting and the outcome of each vote.

Description of Matter

Outcome of Vote

1.

Reappointing Deloitte & Touche LLP as auditor of the Corporation

Carried

2.

Authorizing the Audit Committee of the Corporation to fix the remuneration of the auditor of the Corporation.

Carried

3.

Fixing the number of directors to be elected at eight.

Carried

4.

Electing the following nominees as directors of Addax Petroleum to hold office until the next annual meeting of shareholders or until their successors are elected or appointed:


Peter Dey

Jean Claude Gandur

Brian Anderson

James Davie

Stephen Paul de Heinrich

Gerry Macey

Afolabi Oladele

Wesley Twiss

Carried


About Addax Petroleum    

Addax Petroleum is an international oil and gas exploration and production company with a strategic focus on West Africa and the Middle East. Addax Petroleum is one of the largest independent oil producers in West Africa and has increased its crude oil production from an average of 8,800 bbl/d for 1998 to an average of approximately 126,000 bbl/d for 2007. Further information about Addax Petroleum is available at www.addaxpetroleum.com or at www.sedar.com.


For additional information, please contact:


Allison Neapole

Senior Legal Advisor

Tel.: +41 (0) 22 702 64 29





This information is provided by RNS
The company news service from the London Stock Exchange
 
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