Trading Halt and Results of Annual General Meeting

RNS Number : 4024Y

Range Resources Limited

01 December 2014

 



Range Resources Limited

(‘Range’ or ‘the Company’)

 

1 December 2014

 

ASX Code: RRS

AIM Code: RRL

 

Trading Halt and Results of Annual General Meeting

The Company has requested an ASX trading halt following its Annual General Meeting held Friday, 28 November 2014.

All resolutions were put to a poll at the meeting, with the following resolutions being carried:

Resolution 1 - Adoption of Remuneration Report

Resolution 5 - Re-election of Mr David Riekie

Resolution 6 - Re-election of Mr Ian Olson

Resolution 8 - Ratification of issue of Shares - debt agreements

Resolution 9 - Ratification of issue of Advisor Options

Resolution 10 - Ratification of issue of Shares - technical consulting fees

Resolution 11 - Ratification of issue of Financing Options

Resolution 12 - Renewal of Proportional Takeover Provisions

Resolution 17 - Issue of Director Options - Mr David Riekie

Resolution 18 - Issue of Director Options - Mr Ian Olson

Resolution 21 - Approval for conversion of Lind convertible security issued under funding agreement

Resolution 22 - Ratification of issue of Collateral Shares and Lind Options

The following resolutions were not carried:

Resolution 2 - Re-election of Mr Rory Scott Russell

Resolution 3 - Re-election of Mr Graham Lyon

Resolution 4 - Re-election of Dr Christian Bukovics

Resolution 7 - Re-election of Mr Marcus Edwards-Jones

Resolution 13 - Non-Executive Directors' Fee Pool

Resolution 14 - Issue of Director Options - Mr Rory Scott Russell

Resolution 15 - Issue of Director Options - Mr Graham Lyon

Resolution 16 - Issue of Director Options - Dr Christian Bukovics

Resolution 19 - Approval of General Placement Facility

Resolution 20 - Approval of Listing Rule 7.1A 10% Placement Facility

Further to the ASX announcement dated 20 October 2014, Non-Executive Chairman Sir Sam Jonah did not seek re-election as a Director of the Company, and therefore has also ceased to be a Director with effect from the conclusion of the AGM.

Given the changes to the Company's Board of Directors that were affected at the meeting, the Company has requested a trading halt to finalise the composition of its Board of Directors. 

Two representatives from the Company's largest shareholder, Abraham Limited, have been identified to join the Board with announcement of their appointments expected shortly.

Trading in the Company's shares is expected to resume once the above noted appointments have been finalised and the Company is satisfied that its Board is of an appropriate size and composition with the appropriate skills and commitment to enable it to discharge its duties effectively.

In accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001, the Company provides the information attached in respect of each of the resolutions put to shareholders at the Annual General Meeting of the Company.

Contacts

Range Resources Limited
Rory Scott Russell (CEO)

Evgenia Bezruchko (IR)

Cantor Fitzgerald Europe
(Nominated Advisor and Broker)

David Porter / Sarah Wharry
(Corporate finance)

Richard Redmayne (Corporate broking)

t.   [phone]

Buchanan (Financial PR - UK)

Ben Romney / Helen Chan

t.   [phone]

e.  [e-mail]

MAGNUS (Financial PR - Australia)

Rupert Dearden / Richard Glass

t.   + 61 8 6160 4900

e.  [e-mail]

Australian Office

945 Wellington Street

West Perth, WA 6005

Australia

t.   [phone]

f.   [phone]

UK Office

Suite 1A, Prince's House
38 Jermyn Street
London, SW1Y 6DN
United Kingdom

t.   [phone]

f.   [phone]

e.  [e-mail]

www.rangeresources.co.uk

www.rangeresources.co.uk

RANGE RESOURCES LIMITED

ANNUAL GENERAL MEETING - 28 NOVEMBER 2014

PROXY AND POLL VOTES

Resolution Number	Resolution 1	Resolution 2	Resolution 3	Resolution 4	Resolution 5	Resolution 6	Resolution 7
Decided by a show of hands (S) or poll (P)	P	P	P	P	P	P	P
Total number of proxy votes exercisable by proxies validly appointed	1,308,326,036	1,330,223,869	1,330,223,869	1,330,223,869	1,330,223,869	1,330,223,869	1,330,223,869
Total number of proxy votes in respect of which the appointments specified that:
The proxy is to vote for the resolution	275,660,374	507,099,969	506,289,292	507,692,782	473,616,053	483,747,453	233,368,000
The proxy is to vote against the resolution	299,352,778	95,781,215	72,731,997	64,469,758	107,680,329	98,060,399	373,040,907
The proxy is to abstain on the resolution	15,706,189	9,759,323	33,619,218	36,916,396	31,332,125	30,631,555	3,619,600
The proxy may vote at the proxy's discretion	717,606,695	717,583,362	717,583,362	721,144,933	717,595,362	717,784,462	720,195,362
Total votes cast on a poll in favour of the resolution	1,006,516,058	512,901,009	512,090,332	517,055,393	1,204,460,404	1,214,780,904	241,781,040
Total votes cast on a poll against the resolution	299,352,778	820,812,526	797,763,308	789,501,069	107,680,329	98,060,399	1,098,072,218
Total votes cast on a poll abstaining on the resolution	15,706,189	9,759,323	33,619,218	36,916,396	31,332,125	30,631,555	3,619,600
Total votes exercisable by proxies which were not cast	-	-	-	-	-	-	-

RANGE RESOURCES LIMITED

ANNUAL GENERAL MEETING - 28 NOVEMBER 2014

PROXY AND POLL VOTES

Resolution Number	Resolution 8	Resolution 9	Resolution 10	Resolution 11	Resolution 12	Resolution 13	Resolution 14
Decided by a show of hands (S) or poll (P)	P	P	P	P	P	P	P
Total number of proxy votes exercisable by proxies validly appointed	1,330,223,869	1,330,223,869	1,330,223,869	1,328,290,978	1,329,209,250	1,307,962,298	1,329,052,487
Total number of proxy votes in respect of which the appointments specified that:	326,099,694	298,614,485	306,744,591	354,479,345	533,077,989	224,386,551	452,464,632
The proxy is to vote for the resolution
The proxy is to vote against the resolution	273,154,049	307,547,630	294,195,032	243,686,867	71,258,552	362,195,996	156,111,257
The proxy is to abstain on the resolution	13,144,764	6,466,392	9,556,158	12,529,404	7,277,347	2,749,854	2,881,236
The proxy may vote at the proxy's discretion	717,825,362	717,595,362	719,728,088	717,595,362	717,595,362	718,629,897	717,595,362
Total votes cast on a poll in favour of the resolution	1,057,174,045	1,029,458,836	1,039,721,668	1,085,323,696	1,263,922,340	231,234,126	458,277,672
Total votes cast on a poll against the resolution	273,154,049	307,547,630	294,195,032	243,686,867	71,258,552	1,087,227,307	881,142,568
Total votes cast on a poll abstaining on the resolution	13,144,764	6,466,392	9,556,158	12,529,404	7,277,347	2,749,854	2,881,236
Total votes exercisable by proxies which were not cast	-	-	-	-	-	-	-

RANGE RESOURCES LIMITED

ANNUAL GENERAL MEETING - 28 NOVEMBER 2014

PROXY AND POLL VOTES

Resolution Number	Resolution 15	Resolution 16	Resolution 17	Resolution 18	Resolution 19	Resolution 20	Resolution 21	Resolution 22
Decided by a show of hands (S) or poll (P)	P	P	P	P	P	P	P	P
Total number of proxy votes exercisable by proxies validly appointed	1,329,716,225	1,329,716,225	1,329,716,225	1,329,716,225	1,329,716,225	1,329,716,225	1,325,523,921	1,314,682,394
Total number of proxy votes in respect of which the appointments specified that:	439,616,629	433,909,320	274,124,229	276,547,565	301,646,573	284,387,628	377,190,435	342,171,229
The proxy is to vote for the resolution
The proxy is to vote against the resolution	169,622,998	175,215,309	327,781,829	326,056,614	293,241,498	299,355,989	198,844,310	227,463,945
The proxy is to abstain on the resolution	2,881,236	2,994,109	8,826,805	9,366,020	17,014,792	28,377,246	31,893,814	27,451,858
The proxy may vote at the proxy's discretion	717,595,362	717,597,487	718,983,362	717,746,026	717,813,362	717,595,362	717,595,362	717,595,362
Total votes cast on a poll in favour of the resolution	445,429,669	439,724,485	1,006,356,580	1,007,542,580	317,965,683	300,488,738	1,097,746,716	1,062,727,510
Total votes cast on a poll against the resolution	894,654,309	900,246,620	327,781,829	326,056,614	1,007,984,739	1,014,099,230	198,844,310	227,463,945
Total votes cast on a poll abstaining on the resolution	2,881,236	2,994,109	8,826,805	9,366,020	17,014,792	28,377,246	42,181,884	37,739,928
Total votes exercisable by proxies which were not cast	-	-	-	-	-	-	-	-

 

END

 

 

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