4 Jun 2020 12:30
Cluff Natural Resources Plc / Index: AIM / Epic: CLNR / Sector: Natural Resources
4 June 2020
Cluff Natural Resources Plc ('CLNR', 'Cluff' or 'the Company')
Result of Annual General Meeting
Update on the change of the Company's name
Cluff Natural Resources Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, announces the results of the voting by poll on the resolutions put to its Annual General Meeting held earlier today. All resolutions put to shareholders at the meeting were successfully passed. The poll results were as follows:
Resolution | Votes For* | % of votes cast** | Votes Against | % of votes cast** | Total votes cast** | Votes withheld** | % of issued share capital voted** |
1. To receive and adopt the report of the Directors and the audited accounts for the financial period ended 31 December 2019.
| 596,674,414
| 99.98% | 130,000 | 0.02% | 596,804,414
| 146,033 | 42.45% |
2. To re-elect Graham Swindells as a Director of the Company.
| 594,759,132
| 99.64% | 2,146,465 | 0.36% | 596,905,597
| 44,850 | 42.46% |
3. To re-elect Mark Lappin as a Director of the Company.
| 595,626,975
| 99.79% | 1,278,622 | 0.21% | 596,905,597
| 44,850 | 42.46% |
4. To appoint BDO LLP as auditors of the Company and to authorise the Directors to fix their remuneration.
| 594,697,105
| 99.64% | 2,135,842 | 0.36% | 596,832,947
| 117,500 | 42.45% |
5. To authorise the Directors to allot securities.
| 592,460,522
| 99.26% | 4,402,325 | 0.74% | 596,862,847
| 87,600 | 42.45% |
6. To disapply statutory pre-emption rights.
| 593,474,847
| 99.75% | 1,463,000 | 0.25% | 594,937,847
| 2,012,600 | 42.32% |
7. That the name of the Company be changed to Deltic Energy Plc. | 593,368,331
| 99.41% | 3,519,398 | 0.59% | 596,887,729
| 62,718 | 42.45% |
*Votes "For" include votes giving the Chairman discretion.
**A 'Vote Withheld' is not a vote in law and has not been counted in the calculation of the proportion of the votes 'For' and 'Against' a resolution.
Update on the change of the Company's name
Following the passing of resolution 7, the change of the Company's name to Deltic Energy Plc will become effective once Companies House has issued a new certificate of incorporation reflecting the change of name. The Company will, in due course, make a further announcement regarding the completion of the change of name. Upon the change of name, the Company's TIDM will change to 'DELT'. The Company's ISIN and SEDOL will remain unchanged.
Company Presentation and Question and Answers from Shareholders
The Company is pleased to note that it has added a new and narrated corporate presentation to the Company's website, as well as a recorded question and answer session in response to questions submitted by shareholders to the Company. Both can be accessed via the Company's website here: http://www.cluffnaturalresources.com/investor-relations/2020_agm_presentations
**ENDS**
For further information please contact the following:
Cluff Natural Resources Plc | Tel: +44 (0) 20 7887 2630 |
Graham Swindells / Andrew Nunn/ Sarah McLeod |
|
Allenby Capital Limited (Nominated Adviser & Joint Broker) |
Tel: +44 (0) 20 3328 5656 |
David Hart / Alex Brearley / Asha Chotai (Corporate Finance) |
|
Stifel Nicolaus Europe Limited (Joint Broker) |
Tel: +44 (0) 20 7710 7600 |
Callum Stewart / Simon Mensley / Ashton Clanfield |
|
Capital Markets Communications Ltd ('Camarco') (PR & IR) |
Tel: +44 (0) 20 3757 4983 |
Billy Clegg / James Crothers / Julia Tilley (Financial PR) |
|