Result of AGM

RNS Number : 4493Z

Cairn Energy PLC

17 May 2019

 

FOR IMMEDIATE RELEASE                                                                                         17 May 2019

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

Voting Results of Annual General Meeting

1. Results of Annual General Meeting 2019

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	483,434,616	100.00	12,685	0.00	483,447,301	432,843
Resolution 2 Remuneration report	465,053,278	96.11	18,802,383	3.89	483,855,661	24,483
Resolution 3 Re-appointment of auditor	480,531,727	99.98	93,281	0.02	480,625,008	3,255,136
Resolution 4 Auditor's remuneration	483,787,653	99.98	83,879	0.02	483,871,532	8,612
Resolution 5 Re-election of Ian Tyler	448,534,240	94.70	25,097,411	5.30	473,631,651	10,248,493
Resolution 6 Re-election of Todd Hunt	473,092,211	97.77	10,782,537	2.23	483,874,748	5,396
Resolution 7 Re-election of Keith Lough	477,198,348	98.62	6,676,081	1.38	483,874,429	5,715
Resolution 8 Re-election of Peter Kallos	477,197,624	98.62	6,675,805	1.38	483,873,429	6,715
Resolution 9 Re-election of Nicoletta Giadrossi	446,872,666	92.35	36,999,906	7.65	483,872,572	7,572
Resolution 10 Re-election of Simon Thomson	475,231,121	98.21	8,642,877	1.79	483,873,998	6,146
Resolution 11 Re-election of James Smith	477,631,344	98.71	6,243,404	1.29	483,874,748	5,396
Resolution 12 Authority to allot shares	474,475,579	98.06	9,377,234	1.94	483,852,813	27,331
Resolution 13*** Disapplication of pre-emption rights	483,778,549	99.99	53,038	0.01	483,831,587	48,557

 

Resolution 14*** Disapplication of pre-emption rights	469,529,770	97.04	14,300,060	2.96	483,829,830	50,314
Resolution 15*** Authority to purchase own shares	479,237,490	99.06	4,562,971	0.94	483,800,461	79,683
Resolution 16*** 14 days' notice of general meetings	468,259,835	96.77	15,608,274	3.23	483,868,109	12,035

* 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 http://www.morningstar.co.uk/uk/NSM.

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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