Result of AGM

RNS Number : 9097E

Cairn Energy PLC

16 May 2013

 



FOR IMMEDIATE RELEASE                                                                                          16 May 2013

CAIRN ENERGY PLC ("Cairn" or "the Company")

Voting Results of Annual General Meeting

1. Results of Annual General Meeting 2013

Cairn announces that at the Annual General Meeting held earlier today, all resolutions set out in the Notice of Annual General Meeting put to the Annual General Meeting were passed by the requisite majority.

Each of the resolutions put to the Annual General Meeting was voted on by way of a poll and the results are set out in the table below. Each shareholder, present in person or by proxy was entitled to one vote per share held.

RESOLUTION	FOR*	%	AGAINST	%	TOTAL	WITHHELD**
Resolution 1 Annual Report & Accounts	420,686,523	99.84	690,308	0.16	421,376,831	1,008,561
Resolution 2 Remuneration Report	394,387,230	99.51	1,942,770	0.49	396,330,000	26,051,362
Resolution 3 Re-appointment of auditors	418,715,799	99.37	2,666,662	0.63	421,382,461	1,002,931
Resolution 4 Auditor's remuneration	418,421,285	99.30	2,956,845	0.70	421,378,130	1,007,262
Resolution 5 Re-election of Sir Bill Gammell	396,250,008	94.03	25,138,011	5.97	421,388,019	997,373
Resolution 6 Re-election of Todd Hunt	398,943,473	96.67	13,729,344	3.33	412,672,817	9,712,575
Resolution 7 Re-election of Iain McLaren	418,415,684	99.30	2,969,362	0.70	421,385,046	1,000,346
Resolution 8 Re-election of Dr James Buckee	413,503,812	99.22	3,245,264	0.78	416,749,076	5,636,316
Resolution 9 Re-election of Alexander Berger	418,431,424	99.30	2,954,798	0.70	421,386,222	999,170
Resolution 10 Re-election of M.Jacqueline Sheppard	419,993,461	99.67	1,393,761	0.33	421,387,222	998,170
Resolution 11 Re-election of Simon Thomson	410,933,446	97.52	10,453,261	2.48	421,386,707	998,685
Resolution 12 Re-election of Dr Mike Watts	417,918,241	99.19	3,430,491	0.81	421,348,732	997,267
Resolution 13 Re-election of Jann Brown	417,950,687	99.19	3,433,389	0.81	421,384,076	1,001,316
Resolution 14 Authority to allot shares	409,720,618	97.23	11,651,500	2.77	421,372,118	1,013,274

Resolution 15*** Disapplication of pre-emption rights	400,023,942	94.98	21,120,420	5.02	421,144,362	1,241,030
Resolution 16*** Authority to purchase own shares	417,177,868	99.01	4,189,502	0.99	421,367,370	1,018,022
Resolution 17*** 14 days' notice	390,584,551	92.69	30,801,879	7.31	421,386,430	998,962
Resolution 18 Disposal of shares in Cairn India	418,460,857	99.69	1,307,273	0.31	419,768,130	2,617,262

* Includes discretionary votes.

** A vote withheld is not a vote in law and is not counted for the purposes of the calculation of the proportion of votes 'For' and 'Against' a resolution.

*** Indicates a Special Resolution.

2. Resolutions Submitted to NSM

The Company has today submitted to the National Storage Mechanism (NSM) copies of Resolutions passed at the Annual General Meeting concerning items other than ordinary business. These documents will shortly be available for inspection at www.Hemscott.com/nsm.do.

The resolutions carried at the Annual General Meeting are set out in full in the Notice of Annual General Meeting which can be found on the Company's website at www.cairnenergy.com.

 

END

 

 

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