Infrastrata : 26 January 2016 - Result of AGM, Placing update and total voting rights

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26 January 2016 - Result of AGM, Placing update and total voting rights

InfraStrata plc (AIM:INFA), the independent petroleum exploration and gas storage company, is pleased to announce that at the Company's annual general meeting ("AGM") held today, all resolutions put before the meeting were duly passed.

Accordingly, further to the placing announced on 18 December 2015 and following the passing of resolutions 5 and 6 (granting the Directors authority to issue and allot new ordinary shares otherwise than on a non-pre-emptive basis), the Company will today allot 17,170,000 new ordinary shares of 1p each (the "Second Placing Shares"), subject to the admission of the Second Placing Shares to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings will commence in the Second Placing Shares on or around 27 January 2016.

As a result of the Placing, following Admission the Directors' shareholdings in the Company will be as follows:

Director Shares

%

Kenneth Ratcliff 154,000

0.08

Andrew Hindle 9,737,625

5.18

Stewart McGarrity 1,000,000

0.53

Anita Gardiner

Maurice Hazzard 69,326

0.04

Total voting rights

Following Admission, the Company's total issued ordinary share capital will consist of 188,041,599 ordinary shares of 1p each ("Ordinary Shares"). No Ordinary Shares are held in treasury and therefore the number of Ordinary Shares with voting rights will be 188,041,599. This is the figure that should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

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