Result of AGM

RNS Number : 8927L

Petrofac Limited

13 May 2010

 



13 May 2010

Petrofac Limited (the "Company")

AGM resolutions poll results

All resolutions proposed at the Annual General Meeting of the Company held on Thursday, 13 May 2010 were passed by shareholders on a poll.  The number of shares in issue at the date of the meeting was 345,629,656 ordinary shares of US$0.02 each in the Company (the "Shares") and each Share attracted one vote.

The results are as follows:

		For	Against	Withheld	Total lodged
1	Report and Accounts	241,085,455	27,279	2,764,376	243,877,110
2	Final dividend	243,350,596	424,276	102,238	243,877,110
3	Remuneration Report	238,669,696	5,098,366	109,048	243,877,110
4	Appoint Thomas Thune Andersen as a Non-executive Director	240,710,158	646,397	2,520,555	243,877,110
5	Appoint Stefano Cao as a Non-executive Director	240,633,277	722,107	2,521,726	243,877,110
6	Re-appoint Rijnhard van Tets as a Non-executive Director	239,171,555	1,639,866	3,065,689	243,877,110
7	Re-appoint Ernst & Young as auditors	243,181,444	590,563	105,103	243,877,110
8	Authorise Directors to fix the Auditors' remuneration	243,484,096	247,014	146,000	243,877,110
9	Directors' Authority to allot shares	240,671,185	3,082,047	123,878	243,877,110
10	Pre-emption rights	230,472,268	13,272,748	132,094	243,877,110
11	Purchase own shares	243,719,564	53,997	103,549	243,877,110
12	Short notice period for general meetings	237,042,635	6,367,013	467,462	243,877,110
13	Amend the Articles of Association	240,737,182	3,028,842	111,086	243,877,110
14	Amend the PSP rules	237,641,059	5,989,788	246,263	243,877,110

Following the approval of resolutions 4 and 5, we confirm in accordance with Listing Rule 9.6, the appointments of Thomas Thune Andersen and Stefano Cao to the Board of Petrofac Limited. Bernard de Combret and Michael Press both retired as Directors at the conclusion of the Annual General Meeting.

Thomas Thune Andersen has an interest in 2,000 Shares in the Company which he acquired prior to his appointment. He acquired 1,000 Shares at a price of of 1209p per Share on 13 April 2010 and another 1,000 Shares at a price of 1229.653p per Share on 19 April 2010.

Following the appointments of Thomas Thune Andersen and Stefano Cao, the Company confirms that the Board's Committees will be comprised as follows:

Nominations Committee: Rodney Chase (Chairman), Ayman Asfari, Kjell Almskog, Thomas Thune Andersen, Stefano Cao and Rijnhard van Tets

Audit Committee: Rijnhard van Tets (Chairman), Kjell Almskog and Thomas Thune Andersen

Remuneration Committee:  Thomas Thune Andersen (Chairman), Kjell Almskog and Stefano Cao

Risk Committee: Stefano Cao (Chairman), Kjell Almskog and Rijnhard van Tets

Kjell Almskog will become Senior Independent Director.

Resolutions 9 to 14 were passed as special business resolutions and two copies of each resolution have been submitted to the UK Listing Authority and will shortly be available for inspection in the UK Listing Authority's Document Viewing Facility, which is situated at:

The Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel: [phone]

Enquiries to:

Sofia Bernsand

Petrofac Limited

020 7811 4900

 

END

 

 

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