Result of AGM

RNS Number : 5353N

Igas Energy PLC

09 May 2018

 

IGas Energy plc

9 May 2018

RESULT OF AGM

ALL RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

IGas Energy plc (the "Company") announces the result of voting on the resolutions at its Annual General Meeting ("AGM") held on Wednesday 9 May 2018, as set out in the AGM notice.

A poll was held on each of the resolutions and was passed by the required majority.  Resolutions 1 to 6 were passed as ordinary resolutions, Resolution 7 was passed as a special resolution.  The results of the poll were as follows:

RESOLUTION	VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC VOTED	VOTES WITHHELD
1.    To receive the Company's annual report and accounts for the financial year ended 31 December 2017 together with the reports of the directors and auditors	54,502,178	100.00	1,280	0.00	54,503,458	44.67%	1,220
2.    To approve the annual report on remuneration for the year ended 31 December 2017	54,457,987	99.92	41,366	0.08	54,499,353	44.67%	5,325
3.    To re-elect Stephen Bowler as a director	54,494,503	99.99	5,420	0.01	54,499,923	44.67%	4,755
4.    To re-elect Cuth McDowell as a director	54,472,643	99.95	27,280	0.05	54,499,923	44.67%	4,755
5.    To re-appoint PricewaterhouseCoopers as auditors and to authorise the directors to fix the remuneration	54,496,792	99.99	4,540	0.01	54,501,332	44.67%	3,226
6.    To authorise the Board to allot shares	54,456,837	99.92	41,566	0.08	54,498,403	44.67%	6,275
7.    To disapply statutory pre-emption rights	54,455,347	99.92	42,070	0.08	54,497,417	44.67%	7,261

As at the date of the AGM, the number of issued ordinary shares of the Company was 122,005,592 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions.  In accordance with the Company's Articles of Association, on a poll every member has one vote for every share held.  Votes withheld are not votes in law and have not been counted in the calculation of the proportion of vote "for" or "against" a resolution.  Proxy appointments which gave discretion to the Chairman have been included in the "for" total.

There were no restrictions on any shareholder casting votes on any of the resolutions proposed at the AGM.  The scrutineer of the poll was Computershare Investor Services Plc, the Company's Registrars.

For further information please contact:

IGas Energy plc

Tel: [phone]

Stephen Bowler, Chief Executive Officer

Julian Tedder, Chief Financial Officer

Ann-marie Wilkinson, Director of Corporate Affairs

Investec Bank plc (NOMAD and Joint Corporate Broker)

Tel: [phone]

Sara Hale/Jeremy Ellis/Neil Coleman

Canaccord Genuity (Joint Corporate Broker)

Tel: [phone]

Henry Fitzgerald-O'Connor

Vigo Communications

Tel: [phone]

Patrick d'Ancona/Chris McMahon 

 

END

 

 

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