Energy XXI (Bermuda) Limited Shareholder Vote to Cancel Listing on LSE's AIM (6619V)
October 30 2014 - 3:00AM
UK Regulatory
TIDMEXXI
RNS Number : 6619V
Energy XXI (Bermuda) Limited
30 October 2014
Energy XXI Announces Shareholder Vote to Cancel Listing on
London Stock Exchange's AIM
HOUSTON - Oct. 30, 2014 - Energy XXI (NASDAQ: EXXI) (AIM: EXXI)
The Company announced that in connection with the scheduled
November 4, 2014 Annual General Meeting, the shareholders have been
asked to vote on a proposal to authorize the Company's Board of
Directors, at its discretion, to effect a cancellation of the
admission of the Company's common shares, par value $0.005 per
share to the Alternative Investment Market of the London Stock
Exchange ("AIM"). If approved by shareholders, such AIM Admission
Cancellation may be implemented by the Company's Board of Director
any time on or before March 13, 2015. In that event, and when the
Board of Directors definitively decides to proceed with an AIM
cancellation, it will notify the date that such cancellation is
expected to take effect.
About the Company
Energy XXI is an independent oil and natural gas exploration and
production company whose growth strategy emphasizes acquisitions,
enhanced by its value-added organic drilling program. The company's
properties are located in the U.S. Gulf of Mexico waters and the
Gulf Coast onshore. Cantor Fitzgerald Europe is Energy XXI's
listing broker in the United Kingdom. To learn more, visit the
Energy XXI website at www.EnergyXXI.com.
Enquiries of the Company
Energy XXI Bell Pottinger
Greg Smith James Henderson
Vice President jhenderson@pelhambellpottinger.co.uk
Investor Relations
713-351-3149 Cantor Fitzgerald Europe
gsmith@energyxxi.com David Porter, Rick Thompson - Nominated
Advisor
Richard Redmayne - Corporate Broking
Tel: +44 (0) 20 7894 7000
This information is provided by RNS
The company news service from the London Stock Exchange
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