Result of AGM

RNS Number : 0489T

Rurelec PLC

14 July 2015

 



14^th July 2015

AIM: RUR                                                                   

Rurelec PLC

("Rurelec" or "the Company")

Result of Annual General Meeting

Rurelec PLC (AIM: RUR), the electricity utility focused on ownership and operation of power generation plants in Latin America, announces the following results of the Company's Annual General Meeting, held earlier today:

Voting on each resolution was as follows:

·    Resolution 1: 91.42 per cent of the votes cast being 303,115,303 shares voted against out of a possible total of 561,387,586 shares eligible to vote on this motion.

·    Resolution 2: 91.44 per cent of the votes cast being 303,139,863 shares voted against out of a possible total of 561,387,586 shares eligible to vote on this motion.

·    Resolution 3: 91.43 per cent of the votes cast being 303,153,323 shares voted against out of a possible total of 561,387,586 shares eligible to vote on this motion.

·    Resolution 4: 91.50 per cent of the votes cast being 303,139,863 shares voted against out of a possible total of 561,387,586 shares eligible to vote on this motion.

·    Resolution 5: 99.99 per cent in favour out of the votes cast being 331,278,368 shares voted in favour of a possible total of 561,387,586 shares eligible to vote on this motion.

·    Resolution 6: 95.43 per cent of the votes cast being 316,153,323 shares voted against out of a possible total of 561,387,586 shares eligible to vote on this motion.

·    Special Resolution 7: 95.36 per cent of the votes cast being 316,139,763 shares voted against out of a possible total of 561,387,586 shares eligible to vote on this motion.

As a result of the votes cast:

·    Pablo Galante Escobar was not elected as Non-Executive Director

·    Andrew J S Morris remains as General Manager of the Company but leaves the Board of Directors whilst retaining the management position

·    Elizabeth R Shaw, Executive Director Project Finance, was not re-elected on the rotation

-     Ends -

For further information please contact:

Colin Emson, Chairman and Non-Executive Director, Rurelec PLC Ana Ribeiro, CNC Communications	Tel: [phone] Tel: [phone]
Paul Shackleton and James Bavister W.H. Ireland	Tel: [phone]

Or visit our website: www.rurelec.com  

 

END

 

 

RAGLLFFEDAISLIE