RESULT OF ANNUAL GENERAL MEETING

Bowleven plc

06 December 2023

 

6 December 2023

Bowleven plc

('Bowleven' or 'The Company')

RESULT OF Annual General Meeting

Bowleven held its Annual General Meeting (the 'AGM') earlier today.  Each resolution put to the AGM is set out in full in the Notice of AGM. Each shareholder present in person or by proxy was entitled to one vote per share held. 

Resolutions numbered 1 to 6, all of which were proposed as ordinary resolutions, were passed. Resolutions 7 and 8 relating to the disapplication of statutory pre-emption rights, which were proposed as special resolutions, did not achieve the 75% of votes and therefore were not passed. The Board will seek to consult with certain shareholders as to why they voted against these resolutions. Details of the voting in respect of each resolution are outlined in the table below.

Total number of votes

RESOLUTION	FOR1	%	AGAINST	%
Resolution 1 (Ordinary) Report and Accounts	6,460,380	76.07	2,032,394	23.93
Resolution 2 (Ordinary) Re-appoint GT	6,437,623	75.80	2,055,151	24.20
Resolution 3 (Ordinary) Determine auditor's renumeration	8,360,172	99.60	33,573	0.40
Resolution 4 (Ordinary) Re-elect Eli Chahin	8,130,835	96.89	261,047	3.11
Resolution 5 (Ordinary) Re-elect Jack Arnoff	8,130,646	96.89	261,236	3.11
Resolution 6 (Ordinary) Allot Shares	8,093,735	96.07	331,143	3.93
Resolution 7 (Special) Pre-emption Rights	6,089,172	73.03	2,249,093	26.97
Resolution 8 (Special) Pre-emption Rights 2	6,089,172	72.51	2,309,093	27.49

¹ Includes votes giving discretion to the Chairman

Note: the table above excludes votes withheld

ENQUIRIES
For further information, please contact:
Bowleven plc
Eli Chahin, Chief Executive	00 44 20 3327 0150
Capital Markets Communications Ltd (Camarco)
Owen Roberts Hugo Liddy	00 44 20 3757 4980
Shore Capital Ltd (NOMAD and Broker)
Robert Finlay	00 44 20 7601 6100
Daniel Bush Angus Murphy

 

END