Results of Annual General Meeting

Enwell Energy PLC

02 May 2024

 

2 May 2024

Enwell Energy plc
("Enwell" or the "Company")

Results of Annual General Meeting

Enwell Energy plc (AIM: ENW), the AIM-quoted oil and gas exploration and production group, announces the results of the voting by poll on the resolutions put to its Annual General Meeting held this morning. All resolutions, as set out in the notice of meeting dated 5 April 2024, were duly passed, and the poll results were as follows:

Resolution	Votes For*	% of votes cast**	Votes Against	% of votes cast**	Total votes cast**	Votes withheld**	% of issued share capital voted**
1.  To receive and consider the audited financial statements of the Company for the financial year ended 31 December 2022	302,412,243	99.96	110,453	0.04	302,522,696	7,441	94.35
2.  To re-elect Mr Charles Valceschini as a Director of the Company	302,250,645	99.91	269,051	0.09	302,519,696	10,441	94.35
3.  To re-elect Mr Igor Basai as a Director of the Company	265,540,421	87.78	36,979,275	12.22	302,519,696	10,441	94.35
4.  To reappoint Zenith Audit Ltd as auditor of the Company and to authorise the Directors to fix their remuneration	302,519,023	100.00	3,521	0.00	302,522,544	7,593	94.35
5. To approve the limited liability agreement between the Company and Zenith Audit Ltd as auditor	265,565,059	87.78	36,957,485	12.22	302,522,544	7,593	94.35
6.  To grant the Directors authority to allot shares, or grant rights to subscribe for, or convert any securities into shares	265,557,301	87.78	36,964,040	12.22	302,521,341	8,796	94.35
7.  To partially disapply statutory pre-emption rights in connection with an allotment of equity securities for cash	265,550,004	87.78	36,967,040	12.22	302,517,044	13,093	94.35
8.  To partially disapply statutory pre-emption rights in connection with an allotment of equity securities for an acquisition or other capital investment or follow-on offer	265,553,112	87.78	36,963,932	12.22	302,517,044	13,093	94.35
9.  To give the Company and its subsidiaries authority to make political donations and incur political expenditure	302,221,236	99.90	294,808	0.10	302,516,044	14,093	94.35
10.  To adopt the revised articles of association of the Company	265,454,779	87.75	37,067,765	12.25	302,522,544	7,593	94.35

* - Votes "For" include votes giving the Chairman discretion.

** - A "Vote withheld" is not a vote in law and has not been counted in the calculation of the proportion of votes "For" and "Against" a resolution.

For further information, please contact:

Enwell Energy plc	Tel: [phone]
Chuck Valceschini, Chairman
Oleksiy Zayets, Interim CEO
Bruce Burrows, Finance Director
Strand Hanson Limited	Tel: [phone]
Rory Murphy / Matthew Chandler
Zues Capital Limited	Tel: [phone]
Alexandra Campbell-Harris Corporate Finance)
Simon Johnson (Corporate Broking)
Citigate Dewe Rogerson	Tel: [phone]
Ellen Wilton

 

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