London – SDX Energy PLC, Oil and Gas Research Company, announced today that its shareholders voted to approval from removal of the Company’s ordinary shares with AIM markets London stock market (Lon :). The decision was made during the General Assembly held on Friday, where the significant majority supported the transition to a private limited liability company.
The survey results showed that 82.85% of the vote had given a deletion and 17.15% against. A similar majority was seen in voting for a private limited liability company, with 82.87% for and 17.13% against the proposal. According to a statement from the company, the shareholder response was strong, with more than half of the vote.
Jay Bhattachejee, Independent (Lon 🙂 The unspoken president of the SDX expressed his satisfaction with the outcome, stating that the strong support for the shareholder reflects a clear consensus for the strategic turnaround of the company. He pointed out that the company is looking forward to exploiting new opportunities as a private subject.
Following the approval of the shareholders, it is planned to remove the ordinary shares of the AIM company on February 3, 2025, which will become the last day for trading stock trafficking on the market on January 31.
SDX Energy specializes in oil and gas exploration, with jobs that have been publicly traded so far. The transition to private business indicates a significant change in the corporate structure and strategy of the company. Information on the General Assembly and its outcomes is based on a statement for the public society.
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