Result of AGM

RNS Number : 1971K

Lekoil Limited

20 June 2014

 



20 June 2014

Lekoil Limited

("Lekoil" or the "Company")

Result of Meeting

Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa, announces that all resolutions were passed at the Company's Annual General Meeting held in London earlier today.

Proxy results for each resolution are set out below:

	Description	For	Against	Withheld	Total
1	Adopt annual accounts for year ended 31 December 2013	170,436,753	40,685,624	300	211,122,377
2	Re-appointment of KPMG LLP as auditor	210,665,237	457,440	0	211,122,677
3	Directors to fix auditor's remuneration	203,020,886	1,499,840	6,601,951	204,520,726
4	Authority of Directors to allot shares	207,481,677	3,641,000	0	211,122,677
5	Disapplication of pre-emption rights*	184,150,333	26,972,344	0	211,122,677
	Total shares issued		362,906,233

Notes:

* Special resolution.

1.     Proxy appointments which gave discretion to the Chairman of the Annual General Meeting have been included in the "For" total of the appropriate resolution.

2.     A "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.

3.     The number of shares in issue at 19 June 2014 was 362,906,233 (the "Share Capital") and at that time, Lekoil did not hold any shares in treasury.

The full text of the resolutions passed at the Annual General Meeting can be found in the Notice of Annual General Meeting on the Company's web site.

For further information, please visit www.lekoil.com or contact:

Lekoil Limited Dave Robinson, Chief Financial Officer	[phone]
Strand Hanson Limited  (Financial Adviser & Nominated Adviser) James Harris / James Spinney / Ritchie Balmer	[phone]
Mirabaud Securities LLP (Joint Corporate Broker)
Peter Krens Edward Haig-Thomas	[phone] [phone]
Tavistock Communications (Financial PR) Simon Hudson / Conrad Harrington / Ed Portman	[phone]

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