Ascent Resources Regulatory News (AST)

Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas

18 June 2019

Ascent Resources plc

("Ascent" or the "Company")

Result of AGM

The Directors of the Company confirm that, at the Annual General Meeting held earlier today, all resolutions were duly passed.

The results of the proxy voting is shown below.

Ordinary Resolution numbered 1 provides for the receipt and adoption of the Directors' Report and the Financial Statements for the year ended 31st December 2018.

Shareholders in favour 296,588,020 99.18%

Shareholders against 2,464,923 0.82%

Ordinary Resolution numbered 2 provides for the re-election of Mr Cameron Davies as a Director of the Company.

Shareholders in favour 277,200,597 92.63%

Shareholders against 22,056,193 7.37%

Ordinary Resolution numbered 3 provides for the re-election of Mr John Buggenhagen as a Director of the Company.

Shareholders in favour 286,364,545 95.62%

Shareholders against 13,104,274 4.38%

Ordinary Resolution numbered 4 provides for the re-election of Mr Louis Castro as a Director of the Company.

Shareholders in favour 275,418,462 92.26%

Shareholders against 23,098,034 7.74%

Ordinary Resolution numbered 5 provides for the re-appointment of the auditors, BDO LLP, and the authorisation of the Directors to determine their remuneration.

Shareholders in favour 292,318,211 97.63%

Shareholders against 7,106,467 2.37%

Ordinary Resolution numbered 6 provides for the authorisation of the Directors to allot shares and securities in the Company.

Shareholders in favour 263,747,281 88.14%

Shareholders against 35,483,009 11.86%

Special Resolution numbered 7 provides for the disapplication of pre-emption rights on the allotment of securities.

Shareholders in favour 254,846,057 85.40%

Shareholders against 43,563,206 14.60%

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