Results of Annual General Meeting

RNS Number : 9787E

Hunting PLC

16 April 2014

 



For immediate release

16 April 2014

Hunting PLC

("Hunting" or "the Company")

Results of Annual General Meeting

Hunting PLC (LSE:HTG) announces the results of voting on the resolutions at its Annual General Meeting ("AGM") held on Wednesday, 16 April 2014, as set out in the AGM notice.

All resolutions were passed by the required majority. Resolutions 1 to 13 as ordinary resolutions and resolutions 14 to 16 as special resolutions were passed and details of the proxy voting instructions, lodged at 10.30a.m. on Monday, 14 April 2014, being 48 hours prior to the meeting, are set out below:

Resolution
		For	%	Discretion	%	Against	%	Votes Withheld
1	To receive the 2013 Annual Report.	117,767,782	99.65	408,552	0.35	0	0.00	788,938
2	To approve the Directors' Remuneration Policy.	108,772,112	91.46	408,552	0.34	9,745,374	8.20	39,234
3	To approve the Annual Report on Remuneration.	117,041,996	98.40	408,552	0.34	1,504,470	1.26	10,254
4	To approve a final dividend of 21.8 cents per share.	118,435,122	99.55	408,552	0.34	121,598	0.11	0
5	To approve the new 2014 Hunting Performance Share Plan.	108,948,277	94.11	413,413	0.36	6,409,251	5.53	3,194,331
6	To re-elect Richard Hunting as a Director.	107,088,407	96.48	409,387	0.37	3,495,826	3.15	7,971,652
7	To re-elect John Hofmeister as a Director.	118,479,977	99.59	411,823	0.35	71,798	0.06	1,674
8	To re-elect John Nicholas as a Director.	118,376,227	99.51	411,823	0.35	172,298	0.14	4,924
9	To re-elect Dennis Proctor as a Director.	116,436,878	97.87	415,448	0.35	2,112,672	1.78	274
10	To re-elect Peter Rose as a Director.	117,754,199	98.99	415,448	0.35	791,901	0.66	3,724
11	To re-elect Andrew Szescila as a Director.	118,338,732	99.47	415,448	0.35	210,818	0.18	274
12	To re-appoint PricewaterhouseCoopers LLP as auditors and authorise the Directors to determine their remuneration.	117,668,401	99.21	412,424	0.35	525,862	0.44	358,585
13	To authorise the Directors to allot shares.	116,861,346	98.54	410,927	0.35	1,324,229	1.11	368,770
14	To authorise the Directors to disapply pre-emption rights.	118,093,592	99.28	412,275	0.35	441,617	0.37	17,788
15	To authorise the Company to make market purchases of its own shares.	112,540,655	94.62	410,275	0.34	5,986,572	5.04	27,770
16	To authorise 14 clear days' notice periods for General Meetings (other than an AGM).	114,830,576	96.53	410,275	0.34	3,719,889	3.13	4,532

A "Vote Withheld" is not a vote in law and is not counted in the calculation of proportion of votes "For" or "Against" a resolution.

As at the date of the AGM, the number of issued shares of the Company was 148,459,747 shares of 25p each.

The total number of proxy votes cast, including 'Votes Withheld', was 118,965,272; % of proxies cast was 80.1%.

In accordance with Listing Rules 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the UK Listing Authority ("UKLA"), via the National Storage Mechanism, which can be accessed at www.hemscott.com/nsm.do.

For further information please contact:

Hunting PLC Dennis Proctor, Chief Executive Peter Rose, Finance Director	Tel: [phone]
Buchanan Communications Richard Darby Gabriella Clinkard	Tel: [phone]

Notes to Editors:

About Hunting PLC

Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a fully listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has principal operations in Canada, China, Hong Kong, Indonesia, Mexico, Netherlands, Singapore, South Africa, Thailand, United Arab Emirates and the United States of America.

 

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