Sign In
1 Sep 2015 15:15
For immediate release 1 September 2015
Energy Assets Group plc
("Energy Assets" the "Company" or the "Group")
Results of the AGM
Energy Assets Group plc (LSE: EAS.L), the largest independent provider of industrial and commercial (I&C) gas metering services in the UK1 and a major provider of utility infrastructure services and electricity metering and data services, held its Annual General Meeting today at 9.30am. At this meeting all of the resolutions set out in the Notice of the AGM were approved by shareholders.
Details of the proxy votes lodged by 9.30am on Thursday 27 August, being 48 hours in advance of the meeting (excluding non working days) are outlined below:
Resolution | Total Votes For | Total Votes Against | Discretion to Chairman | Total Votes Withheld |
1) To receive and adopt the Annual Report and Accounts for the year ended 31 March 2015 | 15,976,980 | - | 1,000 | - |
2) To re-elect Christopher Masters as a Director | 11,848,675 | 2,842,330 | 1,000 | 1,285,975 |
3) To re-elect Philip Bellamy-Lee as a Director | 15,952,773 | 24,207 | 1,000 | - |
4) To re-elect Russell Gibson as a Director | 15,975,980 | 1,000 | 1,000 | - |
5) To re-elect John McMorrow as a Director | 15,975,980 | 1,000 | 1,000 | - |
6) To re-elect David MacFarlane as a Director | 15,974,311 | 2,669 | 1,000 | - |
7) To re-elect Matthew Booth as a Director | 15,771,828 | 205,152 | 1,000 | - |
8) To re-elect David Goldie as a Director | 15,975,980 | 1,000 | 1,000 | - |
9) To re-appoint PricewaterhouseCoopers LLP as auditors and authorise the Directors to fix their remuneration | 15,972,772 | 4,208 | 1,000 | - |
10) To approve the Directors' Remuneration Report for the financial year ended 31 March 2015 | 15,772,525 | 201,717 | 1,000 | 2,738 |
11) To grant to the Directors authority to allot shares pursuant to section 551 of the Companies Act 2006 | 15,975,980 | 1,000 | 1,000 | - |
12) To authorise the Directors to disapply pre-emption rights pursuant to section 570 and 573 of the Companies Act 2006 | 15,970,980 | 6,000 | 1,000 | - |
13) To authorise the purchase by the Company of up to 10% of its own shares | 15,975,980 | 1,000 | 1,000 | - |
14) To approve the Energy Assets Deferred Bonus Plan | 15,969,551 | 7,429 | 1,000 | - |
The total number of shares in issue on 27 August 2015 was 27,802,610.
The total number of proxy votes cast was 15,977,980.
Under Listing Rule 12.4.5, and following the passing of resolution 13, the Company has the authority to make market purchases of up to 10% of its issued ordinary share capital.
A copy of this statement will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.
Enquiries
For further information visit www.energyassets.co.uk or contact:
Energy Assets Group plc |
|
Phil Bellamy-Lee / John McMorrow | Tel: +44 (0)1506 405 405 |
|
|
Buchanan |
|
Richard Darby / Vicky Watkins / Robbie Ceiriog-Hughes | Tel: +44 (0)20 7466 5000 |
|
|
Numis Securities Limited |
|
Charlie Farquhar / Stuart Skinner | Tel: +44 (0)20 7260 1000 |
Notes to Editors:
Energy Assets provides metering and related services in the I&C segment of the UK utility market and is the largest independent provider of I&C gas metering services in the UK, by number of assets owned and managed.
The Group offers utility suppliers and end-user consumers of energy a broad spectrum of expert metering services from the provision and management of new and replacement meters through its Meter Asset Management division to the procurement and project management of related utility infrastructure works, including fully managed gas installations and live connections, gas pipework modifications and in-depth gas maintenance projects, through its Siteworks division. The Group also collects and provides energy consumption data through its Data Services division.
Energy Assets (EAS) is listed on the Main Market of the London Stock Exchange.
1 by number of meters owned and managed
Follow the stocks
