Last checked at 18 Apr 2012 11:30
For immediate release | 18 April 2012 |
Hunting PLC
("Hunting" or "the Company")
Results of Annual General Meeting
Hunting PLC (LSE:HTG) announces that all resolutions proposed at its Annual General Meeting held earlier today were duly passed.
Details of the proxy voting instructions, lodged at 10.30a.m. on 16 April 2012, being 48 hours prior to the meeting, are set out below:
Resolution | ||||||||
For | % | Discretion | % | Against | % | Votes Withheld
| ||
1 | To receive the 2011 Annual Report. | 107,486,505 | 99.96 | 38,768 | 0.03 | 2,341 | 0.01 | 0 |
2 | To approve the 2011 Remuneration Report. | 103,319,752 | 97.17 | 39,316 | 0.04 | 2,968,746 | 2.79 | 1,199,799 |
3 | To approve a Final Dividend. | 107,488,105 | 99.96 | 38,768 | 0.03 | 741 | 0.01 | 0 |
4 | To re-appoint Andrew Szescila. | 106,907,052 | 99.42 | 38,768 | 0.04 | 581,605 | 0.54 | 189 |
5 | To re-elect John Hofmeister. | 105,638,108 | 98.24 | 38,768 | 0.04 | 1,850,738 | 1.72 | 0 |
6 | To re-elect Richard Hunting. | 104,101,739 | 96.81 | 38,768 | 0.04 | 3,387,107 | 3.15 | 0 |
7 | To re-elect John Nicholas. | 105,636,773 | 98.24 | 40,468 | 0.04 | 1,850,373 | 1.72 | 0 |
8 | To re-elect Dennis Proctor. | 105,970,896 | 98.55 | 51,396 | 0.05 | 1,505,322 | 1.40 | 0 |
9 | To re-elect Peter Rose. | 105,415,718 | 98.60 | 51,396 | 0.05 | 1,442,210 | 1.35 | 618,290 |
10 | To re-appoint PricewaterhouseCoopers LLP as auditors and authorise the Directors to determine their remuneration. | 101,993,757 | 95.04 | 51,833 | 0.05 | 5,274,489 | 4.91 | 207,534 |
11 | To authorise the Directors to allot shares. | 106,058,935 | 99.18 | 51,833 | 0.05 | 827,598 | 0.77 | 589,248 |
12 | To authorise the Directors to disapply pre-emption rights. | 107,366,459 | 99.92 | 51,833 | 0.05 | 35,536 | 0.03 | 73,786 |
13 | To authorise the Company to make market purchases of its own shares. | 107,303,181 | 99.79 | 51,833 | 0.05 | 172,260 | 0.16 | 340 |
14 | To authorise 14 clear days' notice periods for General Meetings (other than an AGM). | 105,125,351 | 97.77 | 52,633 | 0.05 | 2,349,630 | 2.18 | 0 |
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.
The total number of shares in issue as at 16 April 2012 was 146,771,081.
The total number of proxy votes cast, including 'Votes Withheld', was 107,527,614; % of proxies cast was 73.3%.
Under Listing Rule 12.4.5, and following the passing of Special Resolution 13, the Company now has the authority to make market purchases of up to 14.99% of its issued ordinary share capital.
Copies of these resolutions will be submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do.
For further information please contact:
Hunting PLC Dennis Proctor, Chief Executive Peter Rose, Finance Director
| Tel: +44 (0) 20 7321 0123 |
Buchanan Communications Richard Darby Jeremy Garcia | 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 fully 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 principal operations in Canada, China, Hong Kong, Indonesia, Mexico, Netherlands, Singapore, United Arab Emirates and the United States of America.