Last checked at 15 Apr 2020 16:30
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For immediate release | 15 April 2020 |
Hunting PLC
("Hunting" or "the Company")
Results of Annual General Meeting
Hunting PLC (LSE:HTG) announces the results of voting on the resolutions at its Annual General Meeting ("AGM") held on Wednesday, 15 April 2020, as set out in the Notice of AGM. Voting at the AGM was completed by way of a poll. As noted in the Company's announcement dated 3 April 2020, resolution three was withdrawn prior to the AGM.
All resolutions, with the exception of resolution three, were passed by the required majority, resolutions 1 to 12, as ordinary resolutions and resolutions 13 to 16 as special resolutions. The result of the poll is outlined in the table below:
| Resolution | For | % | Against | % | Votes Withheld | |
1. | To receive the 2019 Annual Report. | 133,818,836 | 99.99 | 13,622 | 0.01 | 429,282 | |
2. | To approve the Annual Report on Remuneration. | 125,480,115 | 93.69 | 8,449,794 | 6.31 | 331,831 | |
3. | To declare a final dividend of 6.0 cents per share. | WITHDRAWN |
| ||||
4. | To appoint Bruce Ferguson as a Director | 131,477,371 | 97.93 | 2,781,372 | 2.07 | 2,998 | |
5. | To re-elect Annell Bay as a Director. | 133,919,831 | 99.75 | 340,601 | 0.25 | 1,309 | |
6. | To re-elect Carol Chesney as a Director | 133,778,850 | 99.64 | 477,155 | 0.36 | 5,736 | |
7. | To re-elect Jay Glick as a Director. | 124,565,577 | 96.81 | 4,102,461 | 3.19 | 5,593,702 | |
8. | To re-elect Richard Hunting as a Director. | 131,547,530 | 97.98 | 2,712,902 | 2.02 | 1,309 | |
9. | To re-elect Jim Johnson as a Director. | 131,243,287 | 97.99 | 2,691,923 | 2.01 | 326,531 | |
10. | To re-elect Keith Lough as a Director. | 133,593,064 | 99.51 | 661,441 | 0.49 | 7,236 | |
11. | To re-appoint Deloitte LLP as auditors and authorise the Audit Committee to determine their remuneration. | 134,254,716 | 99.99 | 6,037 | 0.01 | 988 | |
12. | To authorise the Directors to allot shares. | 132,119,621 | 98.41 | 2,139,916 | 1.59 | 2,204 | |
13. | To generally authorise the Directors to disapply pre-emption rights. | 134,229,324 | 99.98 | 30,213 | 0.02 | 2,204 | |
14. | To authorise the Directors to disapply additional pre-emption rights. | 133,886,724 | 99.72 | 371,012 | 0.28 | 4,004 | |
15. | To authorise the Company to make market purchases of its own shares. | 133,873,456 | 99.73 | 364,738 | 0.27 | 23,546 | |
16. | To authorise 14 clear days' notice periods for General Meetings (other than an AGM). | 117,311,473 | 87.38 | 16,949,415 | 12.62 | 853 | |
A "Vote Withheld" is not a vote in law and is not counted in the calculation of proportion of votes "For" or "Against" a resolution.
As at the date of the AGM, the number of issued shares of the Company was 164,940,082 Ordinary shares of 25p each.
The total number of votes cast by poll, including 'Votes Withheld', was 134,261,740; % of votes cast by poll was 81.4% of the total issued share capital.
In accordance with Listing Rules 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the UK Listing Authority ("UKLA"), via the National Storage Mechanism, which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information please contact:
Hunting PLC Jim Johnson, Chief Executive Bruce Ferguson, Finance Director Tarryn Riley, Investor Relations
| Tel: +44 (0) 20 7321 0123
|
Buchanan Ben Romney Chris Judd | Tel: +44 (0) 20 7466 5000 |
Notes to Editors:
About Hunting PLC
Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a premium listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has operations in Canada, China, Indonesia, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, United Arab Emirates and the United States of America.
Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.