Result of AGM

RNS Number : 1041R

Sterling Energy PLC

25 June 2020

 

25 June 2020

STERLING ENERGY PLC

Result of 2020 Annual General Meeting

Sterling Energy Plc ("Sterling" or the "Company"), the AIM listed oil and gas exploration company with a high potential exploration asset in Somaliland and an active strategy to deliver shareholder value through disciplined, exploration and production projects, advises that at its AGM held today all resolutions were passed unanimously on a show of hands.

Prior to the meeting the following proxy votes were received by the Company from shareholders:

Resolution		For		Against		Withheld
		No. of shares	% of votes*	No. of shares	% of votes*
Ordinary Resolutions
1.	To receive and adopt the Annual Report and Accounts for 2019	89,342,580	99.98%	243	0.00%	10,000
2.	To approve the Audit Committee Report	89,342,557	99.98%	266	0.00%	10,000
3.	To re-appoint the Auditors	89,339,355	99.98%	3,468	0.00%	10,000
4.	To authorise the Directors to determine the remuneration of the auditors	89,339,355	99.98%	3,468	0.00%	10,000
5.	To re-elect Michael Kroupeev as a Director	89,337,224	99.98%	14,824	0.01%	775
6.	To re-elect Leo Koot as a Director	89,333,724	99.97%	18,324	0.02%	775
7.	To re-elect Ilya Belyaev as a Director	89,333,724	99.97%	18,324	0.02%	775
8.	To authorise the Directors to allot shares	89,323,517	99.96%	18,970	0.02%	10,336
Special Resolutions
9.	To disapply pre-emption rights	89,324,163	99.96%	18,324	0.02%	10,336
10.	To disapply pre-emption rights in additional limited circumstances	89,324,163	99.96%	18,324	0.02%	10,336
11.	To authorise the Company to make market purchases of its own shares	89,351,909	99.99%	906	0.00%	8

· NB percentage of votes cast excludes Withheld votes

Sterling Energy Plc	Tel: [phone]
David Marshall, Chief Executive Officer Michael Kroupeev (Chairman)
Peel Hunt LLP Richard Crichton David McKeown	Tel: [phone]
www.sterlingenergyplc.com	Ticker Symbol: SEY

 

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