RNS Number : 0606J
Oracle Coalfields PLC
23 June 2017

23 June 2017


Oracle Coalfields PLC

("Oracle", the "Company" or the "Group")


Result of AGM and Change of Name


Oracle Coalfields PLC (AIM:ORCP), the UK energy developer of a combined lignite mineral resource and mine mouth power plant located in the Thar desert in the south-east of Sindh Province, Pakistan, announces that at its Annual General Meeting held earlier today, all resolutions were duly passed.


Accordingly, shareholders approved the resolution proposing a change of the Company's name to Oracle Power PLC. The name change will become effective, and dealings in the Company's shares under its new name are expected to commence, on or around 27 June 2017. The Company's ISIN number and TIDM will remain unchanged.


The Company's website address will change to: with effect from 27  June 2017.


Shahrukh Khan, CEO of Oracle said:


"I am grateful for the continued support of shareholders, given to us in today's meeting.  The approval of the Company's name change to Oracle Power PLC reflects our broader strategic objective to be an integrated resource and energy company."



For further information:

Oracle Coalfields PLC

Shahrukh Khan


+44 (0) 203 580 4314

Grant Thornton UK LLP (Nominated Adviser)

Salmaan Khawaja, Richard Tonthat, Daniel Bush 


+44 (0) 207 373 5100

Brandon Hill Capital Limited (Joint Broker)

Oliver Stansfield


+44 (0)203 463 5000

Peterhouse Corporate Finance (Joint Broker)

Charles Goodfellow


+44 (0)20 7220 9791


Tim Blythe, Camilla Horsfall, Megan Ray 


+44 (0) 207 138 3204


Matt Beale, Bill Kemmery


+44 (0)7966 389196


This information is provided by RNS
The company news service from the London Stock Exchange