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IN BRIEF: Enwell Energy shareholders oust chair in AGM vote

ALN

Enwell Energy PLC - Ukraine-focused oil and gas exploration and production company - Says all resolutions were passed at its annual general meeting on Friday morning, except for resolution 2, to re-elect non-executive chair Chuck Valceschini as a director. The resolution received 11.82% of votes in favour, but 88.18% against. Consequently, Valceschini has ceased to be a director, effective immediately. Enwell says Finance Director Bruce Burrows will act as interim chair until it appoints Valceschini’s permanent successor.

Current stock price: 13.00 pence, up 8.3% on Friday afternoon in London

12-month change: down 21%

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