Result of AGM

RNS Number : 9419G

Cairn Energy PLC

19 May 2011

 



FOR IMMEDIATE RELEASE                                                                                          19 May 2011

CAIRN ENERGY PLC ("Cairn" or "the Company")

Voting Results of Annual General Meeting

1. Results of Annual General Meeting 2011

Cairn announces that at the Annual General Meeting held earlier today, all resolutions set out in the Notice of Annual General Meeting put to the Annual General Meeting were passed by the requisite majority.

Each of the resolutions put to the Annual General Meeting was voted on by way of a poll and the results are set out in the table below. Each shareholder, present in person or by proxy was entitled to one vote per share held.

RESOLUTION	FOR*	%	AGAINST	%	TOTAL	WITHHELD**
Resolution 1 Annual Report & Accounts	979,482,181	99.82	1,718,483	0.18	981,200,664	2,939,035
Resolution 2 Remuneration Report	949,211,056	97.54	23,927,380	2.46	973,138,436	11,001,263
Resolution 3 Re-appointment of auditors	980,165,015	99.60	3,914,704	0.40	984,079,719	59,980
Resolution 4 Auditor's remuneration	983,080,749	99.90	999,813	0.10	984,080,562	59,137
Resolution 5 Election of Alexander Berger	972,822,884	98.85	11,270,605	1.15	984,093,489	46,210
Resolution 6 Election of M. Jacqueline Sheppard	972,791,213	98.86	11,266,986	1.14	984,058,199	81,500
Resolution 7 Re-election of Sir Bill Gammell	937,359,073	95.25	46,737,449	4.75	984,096,522	43,177
Resolution 8 Authority to allot shares	730,714,557	78.53	199,735,349	21.47	930,449,906	53,689,793
Resolution 9*** Disapplication of pre-emption rights	954,564,944	97.00	29,523,582	3.00	984,088,526	51,173
Resolution 10*** Authority to purchase own shares	976,890,234	99.27	7,188,380	0.73	984,078,614	61,085
Resolution 11*** 14 days' notice	922,136,131	94.66	52,046,491	5.34	974,182,622	9,957,077

* Includes discretionary votes.

** A vote withheld is not a vote in law and is not counted for the purposes of the calculation of the proportion of votes 'For' and 'Against' a resolution.

*** Indicates a Special Resolution.

2. Resolutions Submitted to NSM

The Company has today submitted to the National Storage Mechanism (NSM) copies of Resolutions passed at the Annual General Meeting concerning items other than ordinary business. These documents will shortly be available for inspection at www.Hemscott.com/nsm.do.

The resolutions carried at the Annual General Meeting are set out in full in the Notice of Annual General Meeting which can be found on the Company's website at www.cairnenergy.com.

 

END

 

 

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