Result of AGM

RNS Number : 5421K

Hunting PLC

21 April 2010

 



For immediate release

21 April 2010

Hunting PLC

("Hunting" or "the Company")

Results of Annual General Meeting

Hunting PLC (LSE:HTG) announces that all resolutions at its Annual General Meeting held earlier today were duly passed.

Details of the proxy voting instructions, lodged at 10.30am on 19 April 2010, being 48 hours prior to the meeting, are set out below:

Resolution
		For	%	Discretion	%	Against	%	Votes Withheld
1	To receive the 2009 Annual Report	95,998,771	98.79	53,176	0.05	1,124,740	1.05	1,022,433
2	To approve the 2009 Remuneration Report	94,876,186	98.82	53,177	0.06	1,082,203	2.28	2,187,553
3	To re-elect John Hofmeister as a director	97,616,360	99.51	53,176	0.05	431,847	0.10	97,738
4	To re-elect John Nicholas as a director	97,396,043	99.28	53,176	0.05	652,164	0.10	97,738
5	To re-elect Richard Hunting as a director	96,934,839	98.81	53,516	0.05	1,113,028	0.10	97,738
6	To re-appoint PricewaterhouseCoopers LLP as auditors and authorise the Directors to determine their remuneration	93,867,260	96.87	56,113	0.06	2,972,467	1.35	1,303,278
7	To authorise the Directors to allot shares	95,956,302	98.73	59,013	0.06	1,177,289	1.04	1,006,517
8	To authorise the Directors to disapply pre-emption rights	97,996,638	99.90	73,742	0.08	28,063	0.10	100,678
9	To authorise the Company to make market purchases of its own shares	98,023,815	99.92	58,213	0.06	19,034	0.10	98,059
10	To authorise amendments to the Articles of Association	97,934,680	99.86	58,213	0.06	80,045	0.13	126,183
11	To authorise 14 clear days' notice periods for General Meetings (other than an AGM)	96,383,353	98.26	59,463	0.06	1,643,972	0.11	112,333

A "Vote Withheld" is not a vote in law and is not counted in the calculation of proportion of votes "For" or "Against" a resolution.

The total number of shares in issue as at 19 April 2010 was 132,216,351.

The total number of proxy votes cast, including 'Votes Withheld', was 98,199,118.

% of proxies cast was 74.3%.

Under Listing Rule 12.4.5, and following the passing of Resolution 9, the Company now has the authority to make market purchases of up to 14.99% of its issued ordinary share capital.

The Company confirms that in accordance with Listing Rules 9.6.2 and 9.6.3, two copies of the resolutions relating to the special business at the Annual General Meeting have been submitted to the UK Listing Authority and will shortly be available for inspection in the UK Listing Authority's Document Viewing Facility, at:

Financial Services Authority

25 North Colonnade

Canary Wharf

London

E14 5HS

Tel: [phone]

For further information please contact:

Hunting PLC Dennis Proctor, Chief Executive Peter Rose, Finance Director	Tel: [phone]
Buchanan Communications Richard Darby Jeremy Garcia	Tel: [phone]

Notes to Editors:

About Hunting PLC

Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a fully listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has principal operations in Canada, China, France, Holland, Hong Kong, Indonesia, Mexico, Singapore United Arab Emirates and the United States of America.

 

END

 

 

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