Last checked at 21 Apr 2021 16:30
For immediate release | 21 April 2021 |
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 as a closed meeting on Wednesday, 21 April 2021, as set out in the Notice of AGM. Voting at the AGM was completed by way of a poll.
The shareholders (or their proxies) were not permitted to attend the meeting physically. The attendance at the meeting was limited to a quorum of two shareholders, who comprised a Director and the Company Secretary.
The Directors made available to shareholders the ability to submit questions ahead of the AGM. These questions were answered in the form of a presentation delivered via webcast at the start of the meeting. A recording of the meeting will shortly be available on the Company's website.
All resolutions, were passed by the required majority, resolutions 1 to 13, as ordinary resolutions and resolutions 14 to 17 as special resolutions. The result of the poll is outlined in the table below:
| Resolution | For | % | Against | % | Votes Withheld |
1. | To receive the 2020 Annual Report. | 132,620,197 | 99.99% | 15,582 | 0.01% | 510,457 |
2. | To approve Directors' Remuneration Policy. | 122,544,114 | 92.04% | 10,600,216 | 7.96% | 1,906 |
3. | To approve the Annual Report on Remuneration. | 107,960,247 | 81.28% | 24,857,711 | 18.72% | 328,278 |
4. | To declare a Final Dividend of 4.0 cents per share. | 128,999,312 | 96.89% | 4,146,624 | 3.11% | 300 |
5. | To re-elect Annell Bay as a Director. | 126,797,795 | 95.63% | 5,796,431 | 4.37% | 552,010 |
6. | To re-elect Carol Chesney as a Director. | 131,804,286 | 99.41% | 786,763 | 0.59% | 555,187 |
7. | To re-elect Bruce Ferguson as a Director. | 132,118,657 | 99.64% | 475,319 | 0.36% | 552,260 |
8. | To re-elect Jay Glick as a Director. | 126,312,814 | 98.63% | 1,757,051 | 1.37% | 5,076,371 |
9. | To re-elect Richard Hunting as a Director. | 131,210,953 | 98.96% | 1,384,523 | 1.04% | 550,760 |
10. | To re-elect Jim Johnson as a Director. | 131,800,138 | 99.65% | 468,616 | 0.35% | 877,482 |
11. | To re-elect Keith Lough as a Director. | 132,325,711 | 99.80% | 265,338 | 0.20% | 555,187 |
12. | To re-appoint Deloitte LLP as auditors and authorise the Audit Committee to determine their remuneration. | 133,076,481 | 99.96% | 55,005 | 0.04% | 14,750 |
13. | To authorise the Directors to allot shares. | 132,292,337 | 99.36% | 850,135 | 0.64% | 3,764 |
14. | To generally authorise the Directors to disapply pre-emption rights. | 132,468,571 | 99.55% | 596,037 | 0.45% | 81,628 |
15. | To authorise the Directors to disapply additional pre-emption rights. | 121,678,589 | 91.44% | 11,384,114 | 8.56% | 83,533 |
16. | To authorise the Company to make market purchases of its own shares. | 132,679,454 | 99.72% | 367,687 | 0.28% | 99,095 |
17. | To authorise 14 clear days' notice periods for General Meetings (other than an AGM). | 131,784,069 | 98.98% | 1,360,667 | 1.02% | 1,500 |
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 133,146,236, being 80.72% 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.