TransAtlantic Petroleum Ltd. (NYSE American: TAT) held its 2020 Annual General Meeting on June 5, 2020, where shareholders voted on key proposals. The results included:
- Proposal 1: Election of five directors, with significant support for all candidates.
- Proposal 2: Appointment of DMF Sistem as independent auditor, receiving 46.8 million votes in favor.
- Proposal 3: Executive compensation approval with 40.3 million votes for.
The meeting's audio recording is available on the company's website.
TransAtlantic Petroleum Ltd. (TAT) announced its decision to pay the upcoming quarterly dividend on its 12.0% Series A Convertible Redeemable Preferred Shares in Common Shares, aiming to preserve cash. This dividend is payable to holders of record on the date 15 business days after the filing of its Quarterly Report for Q1 2020. The dividend payment will consist of Common Shares listed on the NYSE American and Toronto Stock Exchange. The company is engaged in oil and natural gas activities in Turkey and Bulgaria.