Kistos paves way for Tulip Oil acquisition with passing of GM resolutions

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Low carbon gas producer Kistos has announced that all resolutions in connection with the acquisition of the entire issued and outstanding share capital of Tulip Oil Netherlands were duly passed.

On admission, Andrew Austin, currently non-executive chairman of the company, will assume the role of Interim Chief Executive Officer, and Richard Benmore, currently an independent non-executive director of the company, will assume the role of interim independent non-executive chairman.