Result of AGM

RNS Number : 2234N

Cairn Energy PLC

14 May 2015

 



FOR IMMEDIATE RELEASE                                                                                          14 May 2015

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

Voting Results of Annual General Meeting

1. Results of Annual General Meeting 2015

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	416,063,006	99.93	305,859	0.07	416,368,865	1,245,805
Resolution 2 Remuneration Report	410,111,848	98.59	5,858,991	1.41	415,970,839	1,643,831
Resolution 3 Re-appointment of auditor	411,965,238	99.74	1,069,971	0.26	413,035,209	4,579,461
Resolution 4 Auditor's remuneration	416,349,347	99.99	47,386	0.01	416,396,733	1,217,937
Resolution 5 Re-election of Ian Tyler	404,414,994	97.89	8,700,961	2.11	413,115,955	4,498,715
Resolution 6 Re-election of Todd Hunt	412,302,997	99.02	4,077,347	0.98	416,380,344	1,234,326
Resolution 7 Re-election of Iain McLaren	405,287,710	98.84	4,743,997	1.16	410,031,707	7,582,963
Resolution 8 Re-election of Alexander Berger	415,946,114	99.90	433,837	0.10	416,379,951	1,234,719
Resolution 9 Re-election of Jackie Sheppard	415,839,481	99.87	530,170	0.13	416,369,651	1,245,019
Resolution 10 Re-election of Simon Thomson	408,130,128	98.02	8,237,505	1.98	416,367,633	1,247,037
Resolution 11 Re-election of James Smith	415,194,495	99.72	1,164,184	0.28	416,358,679	1,255,991
Resolution 12 Authority to allot shares	414,024,697	99.43	2,363,656	0.57	416,388,353	1,226,317
Resolution 13*** Disapplication of pre-emption rights	416,311,723	99.98	65,285	0.02	416,377,008	1,237,662
Resolution 14*** Authority to purchase own shares	414,874,923	99.64	1,517,040	0.36	416,391,963	1,222,707

Resolution 15*** 14 days' notice of general meetings	404,725,300	97.20	11,672,777	2.80	416,398,077	1,216,593
Resolution 16 Disposal of shares in Cairn India	414,630,887	99.99	26,492	0.01	414,657,379	2,956,417

* 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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