Finance News Oil & Gas

Scirocco shareholders request general meeting

Scirocco Energy plc said that a group of its shareholders had requested a general meeting to discuss strategy, share price and a revenue audit and funding of the Ruvuma gas interest in Tanzania.

Requisition: the shareholders have five proposed resolutions for Scirocco directors (Pixabay)

PROPOSED RESOLUTIONS

The company added it would call a general meeting within 21 days of receiving a valid requisition.

It will hold a general meeting not more than 28 days after the date of the notice convening the general meeting.

The board will post a circular convening the general meeting to shareholders no later than 15 September 2022.

The shareholders’ five proposed resolutions include a rethink the company’s investment strategy and a reassessment of any further investment in anaerobic digestion plants.