13 Sep 2017 14:00
13 September 2017
Hardy Oil and Gas plc
(LSE: HDY)
AGM Statement
Hardy Oil and Gas plc ('Hardy'), announces that at the Annual General Meeting held earlier today, all resolutions set out in the Notice of Annual General Meeting put to the Annual General Meeting were passed by the requisite majority. Each of the resolutions put to the Annual General Meeting was voted on by way of a poll and the results are set out below:
#
| Description
| Type
| For
| Against
| Withheld
| Total
| Votes for % |
1 | Adopt annual accounts for year ended 31 March 2017 | Ordinary | 34,979,661 | 0 | 0 | 34,979,661 | 100.00 |
2a | To receive and consider the Report on Remuneration | Ordinary | 34,978,429 | 1,232 | 0 | 34,979,661 | 100.00 |
2b | To received and consider the Remuneration Policy | Ordinary | 34,772,970 | 206,691 | 0 | 34,979,661 | 99.41 |
3 | To re-elect Pradip Shah as a Director of the Company. | Ordinary | 30,677,273 | 4,302,388 | 0 | 34,979,661 | 87.70 |
4 | To re-elect Peter Milne as a Director of the Company. | Ordinary | 34,978,429 | 1,232 | 0 | 34,979,661 | 100.00 |
5 | Re-appointment of Crowe Clark Whitehill LLP as auditor | Ordinary | 34,971,411 | 8,000 | 250 | 34,979,661 | 99.98 |
6* | Disapplication 5 per cent of issued share capital | Special | 34,978,279 | 1,382 | 0 | 34,979,661 | 100.00 |
7* | Authority to make market purchases of ordinary shares | Special | 34,970,429 | 9,232 | 0 | 34,979,661 | 99.97 |
Total shares issued | 73,764,035 | ||||||
Total instructed | 34,979,661 |
Notes:
* Special resolution.
1. Proxy appointments which gave discretion to the Chairman of the Annual General Meeting have been included in the "For" total of the appropriate resolution.
2. A "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.
3. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4. The number of shares in issue at 6.00 p.m. on 13 September 2017 was 73,764,035 (the "Share Capital") and at that time, Hardy did not hold any shares in treasury.
5. The proportion of "Total issued share capital instructed" for any resolution is the total of votes validly cast for that resolution (i.e. the total of votes "For" and "Against" that resolution) expressed as a percentage of the Share Capital.
The full text of the resolutions passed at the Annual General Meeting can be found in the Notice of Annual General Meeting, which is available for inspection at the National Storage Mechanism http://www.morningstar.co.uk and also on Hardy's website at http://www.hardyoil.com.
For further information please visit www.hardyoil.com or contact:
Hardy Oil and Gas plc | 012 2461 2900 |
Ian MacKenzie, Chief Executive Officer Richard Galvin, Treasurer & Corporate Affairs Executive | |
Arden Partners plc | 020 7614 5917 |
Ciaran Walsh | |
Tavistock | 020 7920 3150 |
Simon Hudson Niall Walsh |