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Notice of EGM - Crest Migration
PetroNeft Resources plc ( PetroNeft or the Company )
29 January 2021
Notice of Extraordinary General Meeting
PetroNeft Resources plc (AIM:PTR.L, ISE:PTR), an international oil and gas exploration and production company focused on Russia provides notice of an Extraordinary General Meeting ( EGM ).
An EGM will be held at the Company s offices at 20 Holles Street, Dublin 2, Ireland at 11.00 am Irish time on Friday, 19 February 2021.
Until now transactions in the shares of the Company have been settled through the CREST system. However, as the United Kingdom has withdrawn from the European Union, it will no longer be possible to use the CREST system. Consequently, PetroNeft like all other Irish incorporated and traded PLCs, will have to migrate settlement to another system based within the EU called Euroclear. This is a necessity as there is no meaningful alternative for settlement.