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Vivo Energy (VVO)

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Tuesday 18 May, 2021

Vivo Energy

Result of AGM

RNS Number : 0423Z
Vivo Energy PLC
18 May 2021
 

18 May 2021

Vivo Energy plc

('the Company')

(LSE: VVO / JSE: VVO)

2021 Annual General Meeting - Poll Results

Vivo Energy plc's 2021 Annual General Meeting ('AGM') was held at the Park Plaza Victoria Hotel, 239 Vauxhall Bridge Road, Pimlico, London SW1V 1EQ, United Kingdom on Tuesday 18 May 2021 at 2.00 pm.  All resolutions proposed at the AGM were decided on a poll and were passed.  The results are set out below:

Resolution

Votes

For

 

%

For

Votes Against

 

% Against

 

Votes Total

% of Issued Share Capital Voted

 

Votes Withheld

1

To receive the Company's accounts, the strategic report and reports of the Directors and the auditor for the year ended 31 December 2020

1,184,468,528

100.00

27,095

0.00

1,184,495,623

93.49%

1

2

To approve the Directors' Remuneration

Report for the year ended 31 December

2020 as set out on pages 94 to 112 of

the Annual Report and Accounts 2020

1,181,967,490

100.00

27,685

0.00

1,181,995,175

93.30%

2,500,449

3

To declare a final dividend of 3.78865 US cents per ordinary share

for the year ended 31 December 2020

1,184,495,624

100.00

0

0.00

1,184,495,624

93.49%

0

4

To re-elect John Daly as a Director

1,094,587,004

92.57

87,842,366

7.43

1,182,429,370

93.33%

2,066,254

5

To re-elect Christian Chammas as a Director

1,151,689,124

97.23

32,806,500

2.77

1,184,495,624

93.49%

0

6

To elect Doug Lafferty as a Director

1,151,689,124

97.23

32,806,500

2.77

1,184,495,624

93.49%

0

7

To re-elect Thembalihle Hixonia Nyasulu as a Director

1,178,987,883

99.54

5,507,741

0.46

1,184,495,624

93.49%

0

8

To re-elect Carol Arrowsmith as a Director

1,178,987,883

99.54

5,507,741

0.46

1,184,495,624

93.49%

0

9

To re-elect Christopher Rogers as a Director

1,174,731,043

99.18

9,764,581

0.82

1,184,495,624

93.49%

0

10

To re-elect Gawad Abaza as a Director

1,178,987,883

99.54

5,507,741

0.46

1,184,495,624

93.49%

0

11

To re-elect Javed Ahmed as a Director

1,144,381,872

96.76

38,313,752

3.24

1,182,695,624

93.35%

1,800,000

12

To re-elect Temitope Lawani as a Director

1,117,660,663

94.50

65,034,961

5.50

1,182,695,624

93.35%

1,800,000

13

To re-appoint PricewaterhouseCoopers LLP as the Company's auditor until the end of the next general meeting at which accounts are laid before the Company

1,184,494,935

100.00

689

0.00

1,184,495,624

93.49%

0

14

To authorise the Audit and Risk Committee, for and on behalf of the Directors, to determine the remuneration of the auditor

1,184,495,624

100.00

0

0.00

1,184,495,624

93.49%

0

15

To authorise the Directors to allot shares in the Company

1,160,642,163

97.99

23,853,461

2.01

1,184,495,624

93.49%

0

16

To authorise the Directors to dis-apply pre emption rights*

1,173,353,502

99.06

11,142,122

0.94

1,184,495,624

93.49%

0

17

To authorise the Directors to dis-apply pre emption rights up to a further 5 per cent for the purposes of financing an acquisition or other capital investment*

1,136,786,189

95.97

47,706,434

4.03

1,184,492,623

93.49%

3,001

18

To authorise the Company to purchase its own shares*

1,181,988,635

99.79

2,506,988

0.21

1,184,495,623

93.49%

1

19

To authorise political donations and expenditure

1,110,760,626

93.96

71,462,897

6.04

1,182,223,523

93.31%

2,272,101

20

To authorise the Board to call general meetings (other than annual general meetings) on a minimum of 14 clear days' notice*

1,142,091,252

96.42

42,404,271

3.58

1,184,495,523

93.49%

101

 

*  Special resolution

 

VOTES  EXCLUDING CONTROLLING SHAREHOLDERS ON THE RESOLUTIONS CONCERNING THE ELECTION OF THE INDEPENDENT NON-EXECUTIVE DIRECTORS

Resolution

Votes

For

 

%

For

Votes Against

 

% Against

 

Votes Total

% of Issued Share Capital Voted

 

Votes Withheld

7

To re-elect Thembalihle Hixonia Nyasulu as a Director

722,286,953

99.24

5,507,741

0.76

727,794,694

57.44%

0

8

To re-elect Carol Arrowsmith as a Director

722,286,953

99.24

5,507,741

0.76

727,794,694

57.44%

0

9

To re-elect Christopher Rogers as a Director

718,030,113

98.66

9,764,581

1.34

727,794,694

57.44%

0

10

To re-elect Gawad Abaza as a Director

722,286,953

99.24

5,507,741

0.76

727,794,694

57.44%

0

 

Notes:

 

1. Any proxy appointments which gave discretion to the Chairman have been included in the 'For' total.

2.        The total number of ordinary shares of  US$0.50 in issue at 14 May 2021 was 1,266,941,899. Shareholders are entitled to one vote per share.

3. Total ordinary shares held by shareholders excluding the controlling shareholders at 14 May 2021 was 810,240,969.

4.        A 'Vote withheld' is not a vote in law and is not counted towards the proportion of votes 'For' or 'Against' a resolution.

 

Copies of the Company's announcements are available on our website:  https://investors.vivoenergy.com  

 

In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business have been submitted to the UK Listing Authority and will shortly be available for inspection at the National Storage Mechanism document viewing facility at:  https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

ENDS

 

 

For further information, please contact:

 

Minna Gonzalez-Gomez

Group Company Secretary

+44 2030 343 718

[email protected]  

 

 

About Vivo Energy:

 

Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of over 2,300 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services. It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including marine, mining, construction, power, transport, wholesalers and manufacturing. The Company employs around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity and has a joint venture, Shell and Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded lubricants.

 

Vivo Energy has its primary listing on the London Stock Exchange and secondary listing on the Johannesburg Stock Exchange.

 

For more information about Vivo Energy please visit  www.vivoenergy.com

 

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