Curzon Energy Regulatory News (CZN)

Curzon Energy Plc

("Curzon Energy" or the "Company")

AGM Results

Curzon Energy, the 100% owner of the 45,000 acre Coos Bay Coalbed Methane (CBM) Project, announces the results of voting on the resolutions put to the Annual General Meeting ('AGM') of shareholders held yesterday, Tuesday 26 June 2018 at 3.00pm at Amadeus House, Floral Street, London, WC2E 9DP, United Kingdom.

All resolutions put to the AGM were passed unanimously on a show of hands: 

1. Receipt of the Company's annual accounts for the financial year ended 31 December 2016 together with the strategic report, the directors' report and the auditor's report on those accounts.

2. Receipt of the Company's annual accounts for the financial year ended 31 December 2017 together with the strategic report, the directors' report and the auditor's report on those accounts.

3. Re-appointment of Director Thomas Wagenhofer.

4. Re-appointment of Director Owen May.

5. Appointment of Scott Kaintz as Director.

6. Re-appointment of Crowe Clark Whitehill LLP as the Company's auditor to hold office from the conclusion of this meeting until the conclusion of the next annual general meeting at which accounts are laid before the Company.

7. Authorising the directors or an audit committee to determine the auditors' remuneration.

8. Authorising the directors to allot Relevant Securities (as defined in the note below) or grant rights to subscribe for or to convert any security into shares in the Company ("Rights") up to an aggregate nominal amount of £5,000,000 provided that this authority shall, unless renewed, varied or revoked by the Company, expire on the date which is five years from the passing of this resolution save that the Company may, before such expiry, make offers or agreements which would or might require Relevant Securities (as defined below in the note to this resolution) to be allotted and or Rights to be granted the Directors may allot Relevant Securities in pursuance of such offer or agreement notwithstanding that the authority conferred by this resolution has expired.

This authority revokes and replaces all unexercised authorities previously granted to the Directors to allot Relevant Securities but without prejudice to any allotment of shares or grant of Rights already made, offered or agreed to be made pursuant to such authorities

Note: Relevant Securities means:

• shares in the Company other than shares allotted pursuant to:

o an employee share scheme (as defined by section 1166 of the Act);

o a right to subscribe for shares in the Company where the grant of the right itself constituted a Relevant Security; or

o a right to convert securities into shares in the Company where the grant of the right itself constituted a Relevant Security; and

• any right to subscribe for or to convert any security into shares in the Company other than rights to subscribe for or convert any security into shares allotted pursuant to an employee share scheme (as defined by section 1166 of the Act). References to the allotment of Relevant Securities in the resolution include the grant of such rights.

9. In accordance with section 570 of the Act, the Directors be given the general power to allot equity securities pursuant to Section 570 of the Act to allot equity securities (as defined by section 560 of the Act) pursuant to the authority conferred by Resolution 8 above, as if section 561(1) of the Act did not apply to any such allotment, provided that this power shall be limited to the allotment of equity securities up to an aggregate nominal value of £5,000,000 and shall expire on the date falling 5 years after the date of the passing of this resolution (unless renewed, varied or revoked by the Company prior to or on such date), save that the Company may, before such expiry make offers or agreements which would or might require equity securities to be allotted after such expiry and the Directors may allot equity securities in pursuance of any such offer or agreement notwithstanding that the power conferred by this resolution has expired.

10. That a general meeting, other than an Annual General Meeting, may be called on not less than 14 clear days' notice.

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