Last checked at 12 Apr 2017 12:06
For immediate release | 12 April 2017 |
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, 12 April 2017, 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All resolutions were passed by the required majority, with the exception of resolution 3 which was withdrawn prior to the meeting.
Resolutions 1 to 13 as ordinary resolutions and resolutions 14 to 17 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 2016 Annual Report. | 119,191,857 | 99.70 | 355,738 | 0.30 | 912,710 |
2. | To approve the Director's Remuneration Policy. | 115,509,628 | 96.39 | 4,324,601 | 3.61 | 626,075 |
3. | To approve the Remuneration Committee's exercise of discretion for awards under the Hunting Performance Share Plan. | WITHDRAWN | ||||
4. | To approve the Annual Report on Remuneration. | 115,967,259 | 96.77 | 3,866,581 | 3.23 | 626,464 |
5. | To re-elect Richard Hunting as a Director. | 112,083,574 | 94.54 | 6,470,474 | 5.46 | 1,906,256 |
6. | To re-elect Annell Bay as a Director. | 120,124,400 | 99.72 | 335,163 | 0.28 | 742 |
7. | To re-elect John Glick as a Director | 120,132,986 | 99.73 | 324,077 | 0.27 | 3,242 |
8. | To re-elect John Hofmeister as a Director. | 117,494,504 | 97.54 | 2,965,059 | 2.46 | 742 |
9. | To re-elect John Nicholas as a Director. | 118,942,735 | 98.74 | 1,515,328 | 1.26 | 2,242 |
10. | To re-elect Dennis Proctor as a Director. | 118,312,566 | 98.22 | 2,146,997 | 1.78 | 742 |
11. | To re-elect Peter Rose as a Director. | 118,657,353 | 98.50 | 1,802,210 | 1.50 | 742 |
12. | To re-appoint PricewaterhouseCoopers LLP as auditors and authorise the Audit Committee to determine their remuneration. | 118,640,441 | 98.49 | 1,817,590 | 1.51 | 2,274 |
13. | To authorise the Directors to allot shares. | 115,880,719 | 97.41 | 3,080,853 | 2.59 | 1,498,733 |
14. | To authorise the Directors to disapply pre-emption rights. | 119,798,338 | 99.97 | 32,453 | 0.03 | 629,514 |
15. | To authorise the Directors to disapply additional pre-emption rights. | 113,911,964 | 95.06 | 5,917,877 | 4.94 | 630,464 |
16. | To authorise the Company to make market purchases of its own shares. | 116,756,486 | 97.12 | 3,456,567 | 2.88 | 247,252 |
17. | To authorise 14 clear days' notice periods for General Meetings (other than an AGM). | 109,109,548 | 90.58 | 11,350,300 | 9.42 | 456 |
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 163,739,686 Ordinary shares of 25p each.
The total number of votes cast by poll, including 'Votes Withheld', was 120,460,305; % of poll votes cast was 73.6%.
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 Tarryn Riley, Investor Relations
| Tel: +44 (0) 20 7321 0123
|
Buchanan Richard Darby Chris Judd Madeleine Seacombe | 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, Kenya, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, South Africa, United Arab Emirates and the United States of America.
Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.