Last checked at 15 May 2023 13:49
FOR IMMEDIATE RELEASE 15 May 2023
CAPRICORN ENERGY PLC ("Capricorn" or "the Company")
Voting Results of General Meeting
1. Results of General Meeting held on 15 May 2023 - Special Dividend and Share Consolidation
Capricorn announces that at the General Meeting held earlier today, the resolutions set out in the Notice of General Meeting put to the General Meeting were passed by the requisite majorities.
The resolutions put to the General Meeting were voted on by way of a poll and the results are set out in the table below. Each shareholder, present in person or by proxy, was entitled to one vote per share held.
RESOLUTION NUMBER | VOTESFOR* | % | VOTESAGAINST | % | VOTESTOTAL | % of ISC VOTED** | VOTESWITHHELD*** |
1 - Authorisation of dividend and share consolidation | 237,313,643 | 99.95 | 117,089 | 0.05 | 237,430,732 | 75.54 | 16,071 |
2 - Amendment of 2017 LTIP | 237,282,024 | 99.94 | 132,551 | 0.06 | 237,414,575 | 75.54 | 32,228 |
3 - Authorisation of market purchases following the share consolidation | 233,930,547 | 98.54 | 3,474,984 | 1.46 | 237,405,531 | 75.54 | 41,272 |
* Includes discretionary votes.
** ISC means issued share capital (excluding shares held in treasury). Total voting rights of the shares in issue (excluding treasury shares): 314,295,459
*** A vote withheld is not a vote in law and is not counted for the purposes of the calculation of the proportion of votes 'For' and 'Against' a resolution.
2. Resolutions Submitted to NSM
The Company has today submitted to the National Storage Mechanism (NSM) a copy of the resolutions passed at the General Meeting. The NSM can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The resolutions carried at the General Meeting are set out in full in the Notice of General Meeting which can be found on the Company's website at www.capricornenergy.com