Call for Extraordinary General Meeting of P/F Atlantic Petroleum
An Extraordinary General Meeting (EGM) of P/F Atlantic Petroleum is hereby called. The EGM will be held at Hotel Hafnia on the address: Áarvegur 4-10, 100 Tórshavn, Faroe Islands
on Thursday the 25th day of July, 2019 at 10:00hrs (Faroese Time)
with the following agenda:
1. Election of Chairman of the meeting.
2. Election of a new Board of Directors.
At present the Board of Directors consists of the following board members: Henrik Olesen, Chariman of the Board of Directors, Charles Hendry and Yves Francois Paletta.
It is proposed to elect a new Board of Directors for the Company and thus all present member of the Board of Directors are up for election at this Extraordinary General Meeting.
These candidates are proposed for the election as board members:
Charles Hendry, present board member,10 Arthur Street, UK-EC4R 9AY, England;
Yves Francois Paletta, present board member; 4606 5th Street SW, Calgary, T2S 2E5, Alberta, Canada;
Ben Arabo, á Oyrareingjum 110, 415 Oyrareingir; og
Three board members are to be elected.
All the proposed candidates accepts to be elected.
More information on the proposed candidate can be found on the Company’s website www.petroleum.fo.
3. AOB
- - - 0 - - -
Quorum.
Proposals on the agenda for the meeting can be adopted by majority vote.
Requisition of admission card, voting paper and the voting procedure.
The shareholder’s right to participate at the General Meeting and to vote according to his/her shares will be according to the number of shares which the shareholder owns at the register date. The register date is Thursday the 18. July 2019.
A shareholder, his/her proxy and the press can participate at the General Meeting on the condition that he/she has given notice to the Company hereof at the latest by Friday 19. July 2019 via the website of the Company www.petroleum.fo or at the office of the Company, Yviri við Strond 4, Ground floor, 110 Tórshavn, or on telephone no. +298 59 16 01 or on the email address markH@petroleum.fo.
If a shareholder cannot participate in the General Meeting he/she can in writing give a written proxy to a third person to represent him/her at the meeting. Proxy – forms to be used for this purpose are available on the website of the Company www.petroleum.fo and at the office of the Company, Yviri við Strond 4, ground floor, 110 Tórshavn. Shareholders with access to the Investor Portal through the Company’s website can give their proxy instructions via this portal.
The voting – except the voting by letter ballot - will be executed at the General Meeting. The shareholder (or his/her proxy) who have in due time given notice that he/she wishes to attend the General Meeting, will meet at the General Meeting and cast their votes. Admission cards and voting papers will be handed out at General Meeting entrance.
Letter ballot.
The shareholders can vote by letter ballot – that is cast their votes in writing prior to the day of the General Meeting. On the Company’s website www.petroleum.fo shareholders can download a letter ballot form. Letter ballot must be received at the Company’s premises, Yviri við Strond 4, ground floor, 110 Tórshavn or on the email address markH@petroleum.fo at the latest on Wednesday the 24. July 2019.
The shareholder’s right to bring forward questions.
Shareholders can, prior to the General Meeting, bring forward to the Board/Management of the Company questions regarding matters that have relevance to evaluate the Company’s general position or the decisions that are to be made at the General Meeting. If a shareholder wishes to use this right he/she can send his question in a letter to P/F Atlantic Petroleum, Yviri við Strond 4, ground floor, 110 Tórshavn, or to the email address markH@petroleum.fo.
At the General Meeting shareholders can also bring forward questions to the Board/Management of the Company regarding the matters mentioned.
Documents for the General Meeting, including the agenda with the complete proposals.
Documents relevant for the General Meeting, including (1) the agenda, (2) complete proposals for the General Meeting (3) information on the Company’s total number of shares and votes at the day of the summons and (4) proxy documents and letter ballot form are available at the Company’s office at the address, Yviri við Strond 4, ground floor, 110 Tórshavn (tel no. +298 591601) at the latest 3 weeks prior to the General Meeting and are available at the Company. The mentioned documents will also be available on the Company’s website www.petroleum.fo.
Share capital, voting rights and financial institute holding accounts on behalf of the Company.
The share capital of the Company is DKK 3,697,860 divided into shares of DKK 1,- or multipla hereof. According to § 5 sub clause 1 of the Articles of Association of the Company, each shareholder has one vote for each DKK 1,- they hold in share capital.
Number of shares is: 3,697,860 and number of votes is: 3,697,860.
The Company has appointed P/F Betri Banki as holder of accounts. Shareholders can contact this financial institute at Yviri við Strond 2, 100 Tórshavn or on the website www.betri.fo or on telephone no. +298 348 000 to exercise their financial rights in the Company.
Tórshavn 2. July 2019
P/F Atlantic Petroleum
The Board of Directors
Atlantic Petroleum in brief:
Atlantic Petroleum participates in oil and gas joint ventures with reputable, international partners. Atlantic Petroleum P/F is based in Tórshavn, Faroe Islands, and the Company currently has subsidiaries and offices in the UK. Atlantic Petroleum’s shares are listed on NASDAQ OMX Copenhagen and on the Oslo Stock Exchange.
Further Details:
Further details can be obtained from Mark Hoejgaard, (markh@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company's website: www.petroleum.fo.
Announcement no.: 13/2019
Issued: 02-07-2019
P/F Atlantic Petroleum
Yviri við Strond 4
P.O.Box 1228
FO-110 Torshavn
Faroe Islands
Website: www.petroleum.fo