Emerald Energy Regulatory News (EEN)

18 May 2007 12:48

Emerald Energy PLC18 May 2007 18 MAY 2007 EMERALD ENERGY PLC RESULTS OF ANNUAL GENERAL MEETING The Company is pleased to announce that at its Annual General Meeting held at11am, 18 May 2007; the Resolutions proposed by the Directors were passed byshareholders. The proxy votes cast before the meeting were as follows:- +---+------------------------------------+----------+---------+---------+-------------+| | | For | Against | Vote |Discretionary|| | | | |withheld | |+---+------------------------------------+----------+---------+---------+-------------+|1 |To receive and adopt the statement |32,135,808|2,009,837| 341| 14,084|| |of accounts for the year ended 31 | | | | || |December 2006 together with the | | | | || |reports of the Directors and the | | | | || |auditors thereon. | | | | |+---+------------------------------------+----------+---------+---------+-------------+|2 |To elect Angus MacAskill, who was |34,133,378| 2,842| 9,490| 14,360|| |appointed since the last Annual | | | | || |General Meeting, as a Director | | | | |+---+------------------------------------+----------+---------+---------+-------------+|3 |To re-elect Keith Henry, who retires|30,317,750|3,817,050| 10,660| 14,610|| |by rotation, as a Director. | | | | |+---+------------------------------------+----------+---------+---------+-------------+|4 |To re-appoint Messrs BDO Stoy |34,143,724| 511| 997| 14,838|| |Hayward LLP as auditors to act as | | | | || |such until the conclusion of the | | | | || |next Annual General Meeting of the | | | | || |Company at which accounts are laid | | | | || |before the Company. | | | | |+---+------------------------------------+----------+---------+---------+-------------+|5 |To authorise the Directors of the |34,140,794| 1,072| 699| 17,505|| |Company to fix the remuneration of | | | | || |the auditors of the Company. | | | | |+---+------------------------------------+----------+---------+---------+-------------+|6 |To receive and approve the |27,065,382|6,795,261| 285,029| 14,398|| |Directors' Remuneration Report | | | | |+---+------------------------------------+----------+---------+---------+-------------+|7 |To authorise the amendments |33,665,053| 8,883| 472,075| 14,059|| |("Amendments") to the rules of the | | | | || |Emerald Energy PLC Discretionary | | | | || |Share Option Management Incentive | | | | || |Scheme ("DSOS") | | | | |+---+------------------------------------+----------+---------+---------+-------------+|8 |To authorise the Directors to do all|29,646,278|2,158,185|2,341,493| 14,114|| |things necessary to adopt and | | | | || |implement the Business Unit Senior | | | | || |Management Incentive Scheme | | | | |+---+------------------------------------+----------+---------+---------+-------------+| || ||Special Resolution || || |+---+------------------------------------+----------+---------+---------+-------------+|9 |To authorise the Directors | | | | || |unconditionally and in substitution | | | | || |for all other authorities, generally|26,089,506|5,898,652|2,154,678| 17,234|| |and unconditionally, to exercise all| | | | || |the powers of the Company to:- | | | | || | | | | | ||a |offer, allot or otherwise deal with | | | | || |or dispose of authorised shares in | | | | || |the capital of the Company of | | | | || |whatever denomination being | | | | || |unallotted up to a maximum nominal | | | | || |amount of £595,930 representing ten | | | | || |per cent of the issued share capital| | | | || |of the Company following the | | | | || |allotment of Ordinary Shares to | | | | || |Soyuzneftegas Limited pursuant to | | | | || |the terms of an agreement dated 14 | | | | || |November 2005 between the Company | | | | || |and Soyuzneftegas Limited; and | | | | || | | | | | ||b |grant options to Non-Executive | | | | || |Directors in accordance with the | | | | || |rules of the DSOS | | | | |+---+------------------------------------+----------+---------+---------+-------------+ Issued ordinary share capital as at 18 May 2007: 59,592,994 Enquiries: Helen Manning 020 7925 2440 This information is provided by RNS The company news service from the London Stock Exchange