Result of AGM

RNS Number : 1604O
Cairn Energy PLC
15 May 2018
 

FOR IMMEDIATE RELEASE                                                                                          15 May 2018

 

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

 

Voting Results of Annual General Meeting

 

1. Results of Annual General Meeting 2018

 

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

 

486,136,633

 

99.95

 

265,916

 

 0.05

 

486,402,549

 

90,654

Resolution 2

Remuneration Policy

 

 

476,850,997

 

98.36

 

7,973,545

 

1.64

 

484,824,542

 

1,668,660

Resolution 3

Re-appointment of auditor

 

479,371,452

 

99.16

 

4,045,795

 

0.84

 

483,417,247

 

3,075,954

Resolution 4

Auditor's remuneration

 

483,716,581

 

99.43

 

2,765,552

 

0.57

 

486,482,133

 

11,070

Resolution 5

Re-election of

Ian Tyler

 

442,855,527

 

93.59

 

30,348,114

 

6.41

 

473,203,641

 

13,289,560

Resolution 6

Re-election of

Todd Hunt

 

478,530,264

 

98.37

 

7,941,240

 

1.63

 

486,471,504

 

21,699

Resolution 7

Re-election of Alexander Berger

 

479,509,865

 

98.57

 

6,973,426

 

1.43

 

486,483,291

 

9,912

Resolution 8

Re-election of

Jackie Sheppard

 

479,510,774

 

98.57

 

6,973,400

 

1.43

 

486,484,174

 

9,029

Resolution 9

Re-election of

Keith Lough

 

477,898,193

 

98.24

 

8,572,346

 

1.76

 

486,470,539

 

22,664

Resolution 10

Re-election of

Peter Kallos

 

479,205,530

 

98.50

 

7,276,827

 

1.50

 

486,482,357

 

10,846

Resolution 11

Re-election of Nicoletta Giadrossi

 

474,574,334

 

97.55

 

11,907,708

 

2.45

 

486,482,042

 

11,161

Resolution 12

Re-election of

Simon Thomson

 

477,204,834

 

98.09

 

9,277,846

 

1.91

 

486,482,680

 

10,523

Resolution 13

Re-election of

James Smith

 

478,617,918

 

98.39

 

7,849,360

 

1.61

 

486,467,278

 

23,944



 

Resolution 14

Authority to allot shares

 

474,363,154

 

97.51

 

12,122,410

 

2.49

 

486,485,564

 

6,359

Resolution 15***

Disapplication of pre-emption rights

 

486,377,589

 

99.98

 

90,530

 

0.02

 

486,468,119

 

25,084

Resolution 16***

Disapplication of pre-emption rights

 

476,910,512

 

 

98.04

 

9,552,825

 

1.96

 

486,463,337

 

29,865

Resolution 17***

Authority to purchase own shares

 

480,001,040

 

98.68

 

6,433,969

 

1.32

 

486,435,009

 

58,193

Resolution 18***

14 days' notice of general meetings

 

469,285,793

 

96.46

 

17,204,838

 

3.54

 

486,490,631

 

2,572

Resolution 19

Disposal of shares in Vedanta Limited

 

486,391,443

 

99.99

 

35,348

 

0.01

 

486,426,791

 

66,412

 

* 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.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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