ATI Oil Plc
LSE : ATIP

November 20, 2008 08:38 ET

Notice of AGM

                                                                                  ISIN: GB00B04BP253/GBP/PLUS-exn
                                                                                                 20 November 2008
                                                        
                                                   ATI Oil Plc
                                                        
                                             ("ATI" or "the Company")
                                                        
                                        Notice of Annual General Meeting
                                                        
NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at No.1 Cornhill, London, EC3V
3ND on 19 December 2008 at 2pm for the following purposes:

To consider and, if thought fit, pass the following resolutions to be proposed as Ordinary Resolutions:

1.  To receive the Report of the Directors and the audited accounts for the year ended 30 April 2008.
2.  To re-appoint BDO Stoy Hayward LLP as auditors and to authorise the directors to fix their remuneration.
3.  To  re-elect  I  D  Livingstone (who retires from office in accordance with Article  97.1  of  the  Company's
    Articles)  as  a  director of the Company. He is required to retire by rotation and, being  eligible,  offers
    himself for re-election.
4.  To  confirm the appointment of P G Løge (who was co-opted to the Board on 16 June 2008) as a director of  the
    Company.
5.  To confirm the appointment E C Jorgensen (who was co-opted to the Board on 16 June 2008) as a director of the
    Company.
6.  To  authorise  the directors, pursuant to and in accordance with section 80 of the Companies  Act  1985  (the
    "Act")   to  allot relevant securities (as defined by the said section 80) up to a maximum aggregate  nominal
    value  of  £235,000 (being approximately 100% of the Company's issued share capital as at the  date  of  this
    notice),  provided that such authority shall expire at the conclusion of the next Annual General  Meeting  of
    the Company, except that the Company may, before such expiry, make an offer or agreement which would or might
    require relevant securities to be allotted after such expiry.

To consider and, if thought fit, pass the following resolution to be proposed as a Special Resolution:

7.  To  authorise  the directors be, pursuant to and in accordance with section 95 of the Act,  to  allot  equity
    securities (as defined in section 94 of the Act) for cash as if sub-section 89(1) of the Act did not apply to
    the allotment of equity securities pursuant to the authority conferred on them under section 80 of the Act up
    to the aggregate nominal value of £235,000 (being approximately 100% of the Company's issued share capital as
    at the date of this notice), such power to expire on the earlier of the conclusion of the next Annual General
    Meeting  of  the  Company and 15 months after the date of the resolution (but so as to  enable  the  Company,
    before  the expiry of such power, to make offers or agreements which would or might require equity securities
    to  be  allotted after such expiry and to enable them to allot equity securities for cash pursuant   to  such
    offers or agreements as if the power conferred thereby had not expired).



By order of the Board

C J Foss
Secretary

Registered Office:
Martin House
5 Martin Lane
London
EC4R 0DP


The Directors of the Issuer accept responsibility for this announcement.
                                                        
                                                     -Ends-

Contact Details:

ATI Oil Plc
Derek Musgrove - Chairman
Per Gunnar Løge - Chief Executive
Chris Foss - Finance Director
Tel: 020 7469 2940

St.Helen's Capital Plc
Barry Hocken/Duncan Vasey
Tel: 020 7628 5582

Hansard Communications
Chris Roberts
Tel: 020 7245 1100

For further information on ATI's Italian assets please see our web site, www.ati-oil.com.




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