Last checked at 15 Apr 2015 12:00
For immediate release 15 April 2015
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 2015, as set out in the AGM notice.
All resolutions were passed by the required majority. Resolutions 1 to 12 as ordinary resolutions and resolutions 13 to 15 as special resolutions were passed and details of the proxy voting instructions, lodged at 10.30a.m. on Monday, 13 April 2015, being 48 hours prior to the meeting, are set out below:
Resolution | ||||||||
For | % | Discretion | % | Against | % | Votes Withheld | ||
1. | To receive the 2014 Annual Report. | 110,162,742 | 99.83 | 21,713 | 0.02 | 164,198 | 0.15 | 498,237 |
2. | To approve the Annual Report on Remuneration. | 108,559,438 | 98.03 | 22,433 | 0.02 | 2,164,046 | 1.95 | 104,223 |
3. | To approve a final dividend of 22.9 cents per share. | 110,728,261 | 99.98 | 21,713 | 0.02 | 0 | 0 | 96,916 |
4. | To re-appoint Annell Bay as a Director. | 110,663,012 | 99.92 | 21,713 | 0.02 | 65,060 | 0.06 | 97,105 |
5. | To re-appoint John Glick as a Director. | 110,661,651 | 99.93 | 21,713 | 0.02 | 60,479 | 0.05 | 103,047 |
6. | To re-elect Richard Hunting as a Director. | 108,941,164 | 98.69 | 21,713 | 0.02 | 1,424,090 | 1.29 | 459,923 |
7. | To re-elect John Hofmeister as a Director. | 110,174,397 | 99.48 | 21,713 | 0.02 | 550,422 | 0.50 | 100,358 |
8. | To re-elect John Nicholas as a Director. | 105,226,904 | 99.57 | 22,463 | 0.02 | 428,350 | 0.41 | 5,169,173 |
9. | To re-elect Dennis Proctor as a Director. | 107,975,666 | 97.50 | 25,973 | 0.02 | 2,743,143 | 2.48 | 102,108 |
10. | To re-elect Peter Rose as a Director. | 110,290,382 | 99.59 | 25,973 | 0.02 | 430,226 | 0.39 | 100,309 |
11. | To re-appoint PricewaterhouseCoopers LLP as auditors and authorise the Directors to determine their remuneration. | 108,983,853 | 98.47 | 25,973 | 0.02 | 1,665,948 | 1.51 | 171,116 |
12. | To authorise the Directors to allot shares. | 109,613,446 | 98.98 | 25,973 | 0.02 | 1,106,440 | 1.00 | 101,031 |
13. | To authorise the Directors to disapply pre-emption rights. | 110,665,848 | 99.93 | 26,693 | 0.02 | 50,211 | 0.05 | 104,138 |
14. | To authorise the Company to make market purchases of its own shares. | 110,602,845 | 99.87 | 25,973 | 0.02 | 119,984 | 0.11 | 98,088 |
15. | To authorise 14 clear days' notice periods for General Meetings (other than an AGM). | 107,428,151 | 97.00 | 25,973 | 0.02 | 3,295,100 | 2.98 | 97,666 |
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 148,841,508 shares of 25p each.
The total number of proxy votes cast, including 'Votes Withheld', was 110,846,890; % of proxies cast was 74.47%.
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 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 Gabriella Clinkard | 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, South Africa, Thailand, United Arab Emirates and the United States of America.