Result of AGM

RNS Number : 5901G

Petrofac Limited

13 May 2011

 



13 May 2011

Petrofac Limited (the "Company")

AGM resolutions poll results

All resolutions proposed at the Annual General Meeting of the Company held on Friday, 13 May 2011 were passed by shareholders on a poll.  The number of shares in issue at the date of the meeting was 345,715,053 ordinary shares of US$0.02 each in the Company (the "Shares") and each Share attracted one vote.

The results are as follows:

		For	Against	Withheld	Total lodged
1	Report and Accounts	244,753,683	26,904	238,560	245,019,147
2	Final dividend	244,966,803	0	52,344	245,019,147
3	Remuneration Report	229,713,933	11,602,782	3,702,432	245,019,147
4	Appoint Roxanne Decyk as a non-executive director	244,468,158	525,657	25,332	245,019,147
5	Appoint Norman Murray as a non-executive director	244,000,170	993,300	25,677	245,019,147
6	Appoint Andy Inglis as an executive director	240,796,445	4,197,768	24,934	245,019,147
7	Re-appoint Thomas Thune Andersen as a non-executive director	244,555,119	439,163	24,865	245,019,147
8	Re-appoint Stefano Cao as a non-executive director	244,493,120	501,662	24,365	245,019,147
9	Re-appoint Rijnhard van Tets as a non-executive director	243,561,965	881,322	575,860	245,019,147
10	Re-appoint Ayman Asfari as an executive director	239,099,413	5,919,177	557	245,019,147
11	Re-appoint Maroun Semaan as an executive director	243,913,375	1,105,059	713	245,019,147
12	Re-appoint Keith Roberts as an executive director	243,889,808	1,105,058	24,281	245,019,147
13	Re-appoint Ernst & Young as auditors	244,328,002	667,022	24,123	245,019,147
14	Authorise directors to fix the Auditors' remuneration	244,749,329	232,462	37,356	245,019,147
15	Directors' Authority to allot shares	243,637,399	1,349,213	32,535	245,019,147
16	Pre-emption rights	244,663,477	311,864	43,806	245,019,147
17	Purchase own shares	244,699,456	318,170	1,521	245,019,147
18	Short notice period for general meetings	236,679,091	8,497,803	22,253	245,199,147
19	Amend the Articles of Association	244,789,731	174,438	54,978	245,019,147
20	Amend the DBSP rules	245,777,586	547,253	45,861	246,370,700

The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website, www.petrofac.com.

Rodney Chase and Kjell Almskog both retired as Directors at the conclusion of the Annual General Meeting and as previously announced, Norman Murray succeeded Rodney as the Chairman of the Company. Following shareholder endorsement of the appointments of Roxanne Decyk, Norman Murray and Andy Inglis the composition of the Board's Committees will be comprised as follows:

Nominations Committee: Norman Murray (Chairman), Ayman Asfari, Thomas Thune Andersen, Stefano Cao, Roxanne Decyk and Rijnhard van Tets

Audit Committee: Rijnhard van Tets (Chairman), Thomas Thune Andersen and Roxanne Decyk

Remuneration Committee: Thomas Thune Andersen (Chairman), Stefano Cao and Roxanne Decyk

Risk Committee: Stefano Cao (Chairman), Roxanne Decyk and Rijnhard van Tets

Rijnhard van Tets will become Senior Independent Director.

Resolutions 15 to 20 were passed as special business resolutions and have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do.

Enquiries to:

Sofia Bernsand

Petrofac Limited

020 7811 4900

 

END

 

 

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