Result of AGM

RNS Number : 5758Y

Igas Energy PLC

13 May 2021

 

13 May 2021

IGas Energy plc (AIM: IGAS)

("IGas" or "the Company")

RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING (AGM)

IGas announces the result of voting on the resolutions at its AGM held today, Thursday 13 May 2021, as set out in the AGM notice.

A poll was held on each of the resolutions and was passed by the required majority.  Resolutions 1 to 6 were passed as ordinary resolutions, Resolutions 7 to 8 were passed as special resolutions.  The results of the poll were as follows:

RESOLUTIONS	VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC VOTED	VOTES WITHHELD
1.To receive the Company's annual report and accounts for the financial year ended 31 December 2020 together with the reports of the directors and auditors	75,506,270	100.00%	2,460	0.00%	75,508,730	60.28%	1,520
2. To approve the annual report on remuneration for the year ended 31 December 2020	75,451,593	99.92%	57,002	0.08%	75,508,595	60.28%	1,565
3. To re-elect Cuth McDowell as a director	75,471,186	99.95%	36,894	0.05%	75,508,080	60.28%	2,170
4. To re-elect Stephen Bowler as a director	75,473,656	99.95%	34,424	0.05%	75,508,080	60.28%	2,170
5. To re-appoint PricewaterhouseCoopers as auditors and to authorise the directors to fix the remuneration	75,497,318	99.99%	7,122	0.01%	75,504,440	60.28%	1,286
6. To authorise the Board to allot shares	75,461,908	99.94%	47,892	0.06%	75,509,800	60.28%	450
7. To disapply statutory pre-emption rights	71,764,223	95.04%	3,743,767	4.96%	75,507,990	60.28%	2,260
8. To make purchases of own shares	75,470,424	99.95%	38,316	0.05%	75,508,740	60.28%	1,510

As at the date of the AGM, the number of issued ordinary shares of the Company was 125,257,848 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions.  In accordance with the Company's Articles of Association, on a poll every member has one vote for every share held.  Votes withheld are not votes in law and have not been counted in the calculation of the proportion of vote "for" or "against" a resolution.  Proxy appointments which gave discretion to the Chairman have been included in the "for" total.

The poll results will also be posted on the Company's website.

For further information please contact:

IGas Energy plc                                                                            Tel: [phone]

Stephen Bowler, Chief Executive Officer

Ann-marie Wilkinson, Director of Corporate Affairs

Investec Bank plc (NOMAD and Joint Corporate Broker)   Tel: [phone]

Sara Hale/Jeremy Ellis/Virginia Bull

Canaccord Genuity (Joint Corporate Broker)                       Tel: [phone]

Henry Fitzgerald-O'Connor/James Asensio

Vigo Consulting                                                                           Tel: [phone]

Patrick d'Ancona/Chris McMahon/Kendall Hill

 

END

 

 

RAGEAASDFLLFEFA