Result of Annual General Meeting

RNS Number : 2802Z

BowLeven Plc

13 December 2017

Bowleven plc ("Bowleven" or the "Company")

RESULT OF Annual General Meeting

Bowleven held its Annual General Meeting (the "AGM") earlier today. Each resolution put to the AGM is set out in full in the Notice of AGM and summarised in the table in the Appendix together with the results of the vote. Each shareholder present in person or by proxy was entitled to one vote per share held.

Resolutions 1 and 3 to 7 were passed. Resolution 2 (relating to the election of Mr Joe Darby as a director) was not passed.

Notification of Board changes

Joe Darby

As a consequence of the business conducted at the AGM, Joe Darby ceased office as a Non-Executive Director with immediate effect. The Company would like to thank Mr Darby for his service to Bowleven and for the valuable role he played for Bowleven.

Chris Ashworth

Mr Chris Ashworth, Chairman of Bowleven plc, announced that he had been informed prior to the meeting that the continuing directors will propose a resolution for his removal as Chairman, and as a Director of the Company, at the next meeting of the Board of Directors. The Company informed the AGM that a search process for a new independent Director had formally commenced.

Appendix

Results of vote at AGM

RESOLUTION	FOR	%	AGAINST	%
Resolution 1 (Ordinary) Annual Report and Accounts	99,377,241	95.43	4,753,658	4.57
Resolution 2 (Ordinary) Re-elect Joe Darby	12,023,980	11.55	92,107,433	88.45
Resolution 3 (Ordinary) Re-elect Matt McDonald	99,453,494	96.44	3,674,340	3.56
Resolution 4 (Ordinary) Re-appointment of Auditor	101,245,068	99.46	552,766	0.54
Resolution 5 (Ordinary) Auditor's Remuneration	102,766,277	99.86	144,890	0.14
Resolution 6 (Ordinary) Allot Relevant Securities	102,130,460	99.24	780,753	0.76
Resolution 7 (Special) Disapplication of Pre-emption Rights	100,760,389	97.91	2,150,522	2.09