Last checked at 17 Apr 2019 14:00
For immediate release | 17 April 2019 |
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, 17 April 2019, as set out in the AGM notice.
Voting at the AGM was completed by way of a poll.
All resolutions were passed by the required majority, resolutions 1 to 12 as ordinary resolutions and resolutions 13 to 16 as special resolutions were passed. The result of the poll is outlined in the table below:
| Resolution | For | % | Against | % | Votes Withheld |
1. | To receive the 2018 Annual Report. | 136,004,675 | 99.93 | 98,649 | 0.07 | 522,579 |
2. | To approve the Annual Report on Remuneration. | 125,531,545 | 95.63 | 5,732,104 | 4.37 | 5,362,254 |
3. | To declare a final dividend of 5.0 cents per share. | 136,625,903 | 100.00 | 0 | 0.00 | 0 |
4. | To re-appoint Carol Chesney as a Director. | 136,136,695 | 99.64 | 488,908 | 0.36 | 300 |
5. | To re-appoint Keith Lough as a Director. | 136,136,506 | 99.64 | 488,908 | 0.36 | 489 |
6. | To re-elect Annell Bay as a Director. | 132,748,270 | 99.33 | 892,653 | 0.67 | 2,984,980 |
7. | To re-elect John Glick as a Director. | 133,415,083 | 98.39 | 2,179,726 | 1.61 | 1,031,094 |
8. | To re-elect Richard Hunting as a Director. | 134,379,634 | 98.36 | 2,245,969 | 1.64 | 300 |
9. | To re-elect Jim Johnson as a Director. | 134,384,193 | 98.36 | 2,239,910 | 1.64 | 1,800 |
10. | To re-elect Peter Rose as a Director. | 134,290,940 | 98.29 | 2,334,663 | 1.71 | 300 |
11. | To appoint Deloitte LLP as auditors and authorise the Audit Committee to determine their remuneration. | 136,035,027 | 99.57 | 590,167 | 0.43 | 709 |
12. | To authorise the Directors to allot shares. | 132,489,909 | 96.98 | 4,132,831 | 3.02 | 3,163 |
13. | To generally authorise the Directors to disapply pre-emption rights. | 136,605,631 | 99.99 | 13,769 | 0.01 | 6,503 |
14. | To authorise the Directors to disapply additional pre-emption rights. | 134,095,372 | 98.15 | 2,524,728 | 1.85 | 5,803 |
15. | To authorise the Company to make market purchases of its own shares. | 135,511,181 | 99.51 | 667,801 | 0.49 | 446,921 |
16. | To authorise 14 clear days' notice periods for General Meetings (other than an AGM). | 121,243,724 | 88.74 | 15,379,379 | 11.26 | 2,800 |
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 166,940,082 Ordinary shares of 25p each.
The total number of votes cast by poll, including 'Votes Withheld', was 136,625,903; 81.8% of votes cast by poll was % 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 www.morningstar.co.uk/uk/nsm.
For further information please contact:
Hunting PLC Jim Johnson, Chief Executive Peter Rose, 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.