RNS Number : 7736Y
Offshore Hydrocarbon Mapping PLC
09 September 2009
9 September 2009
Offshore Hydrocarbon Mapping plc ('OHM' or the 'Company')
RESULT OF GENERAL MEETING
OHM, the AIM-quoted geophysical services company, is pleased to announce that at the General Meeting of the Company held at 12.00 p.m. today, all resolutions were duly passed. The OHM group uses controlled source electromagnetic, well log and seismic data to enhance oil and gas exploration and exploitation activities through delivering improved sub-surface understanding.
On 24 August 2009, OHM announced a conversion of long term charter liabilities to equity and a placing of New Ordinary Shares to raise £2.6 million (before expenses), and gave notice of the General Meeting. It is expected that the admission of the New Ordinary Shares to trading on AIM will become effective on 14 September at 8.00 a.m.
The Enlarged Share Capital of OHM following Admission will be 69,423,125 Ordinary Shares in aggregate.
Defined terms in this announcement have the same meaning as set out in the Company's circular dated 24 August 2009.
ENQUIRIES:
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Offshore Hydrocarbon Mapping plc
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Tel: 0870 429 6581
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Richard Cooper - Chief Executive Officer
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Bob Auckland - Finance Director
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KBC Peel Hunt Ltd
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Tel: 0870 429 6581
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Julian Blunt
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David Anderson
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This information is provided by RNS
The company news service from the London Stock Exchange
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