Result of AGM

RNS Number : 4154W

Global Petroleum Ltd

14 November 2017

 

14 November 2017

Global Petroleum Limited (AIM: GBP, ASX: GBP)

("The Company")

RESULT OF ANNUAL GENERAL MEETING

The Company's Annual General Meeting was held today, Tuesday 14 November 2017, at 2.00pm (AEST).

The resolutions voted on were in accordance with the Notice of Annual General Meeting previously advised to the Australian Securities Exchange.

In accordance with Section 251AA of the Corporations Act 2001, the following information is provided:

Resolution	Result	Number of Proxy Votes
		For	Against	Abstain	Proxy's Discretion
1. Remuneration Report	Passed on a show of hands	12,735,026	11,230,537	44,501	117,396
2. Conditional Spill Resolution	Defeated on a show of hands	11,066,950	12,889,040	54,074	117,396
3. Election of Director - Mr Peter Taylor	Passed on a show of hands	102,372,312	1,471,853	0	121,896
4. Election of Director - Mr John van der Welle	Passed on a show of hands	102,411,562	1,442,603	0	121,896
5. Election of Director - Mr Garrick Higgins	Passed on a show of hands	102,411,562	1,432,603	0	121,896
6. Grant of Incentive Options - Mr Andrew Draffin	Passed on a show of hands	93,282,145	10,542,953	19,067	121,896
7. Grant of Incentive Options - Mr Peter Hill	Passed on a show of hands	91,698,345	11,416,753	19,067	121,896
8. Grant of Incentive Options - Mr John van der Welle	Passed on a show of hands	92,314,716	11,416,753	19,067	121,896
9. Grant of Incentive Options - Mr Garrick Higgins	Passed on a show of hands	92,410,345	11,414,753	19,067	121,896

All open proxies were in favour of the Chairman and were directed by the Chairman in favour of the Resolutions, other than Resolution 2 where they were directed by the Chairman against Resolution 2.

For further information please visit www.globalpetroleum.com.au or contact:

Global Petroleum Limited
Peter Hill, Managing Director & CEO	[phone]
Damien Cronin, Company Secretary	[phone]
Cantor Fitzgerald Europe (Nominated Adviser & Joint Broker)
Sarah Wharry	[phone]
GMP FirstEnergy Capital LLP (Joint Broker)
Hugh Sanderson	[phone]
Tavistock (Financial PR & IR)
Simon Hudson / Barney Hayward	[phone]

-ends-

 

END

 

 

RAGFFSSMLFWSELF