Last checked at 18 Apr 2018 13:36
-
For immediate release | 18 April 2018 |
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, 18 April 2018, 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 11 as ordinary resolutions and resolutions 12 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 2017 Annual Report. | 134,921,640 | 99.78 | 299,887 | 0.22 | 1,595,055 |
2. | To approve the Directors' Remuneration Policy. | 134,833,215 | 98.92 | 1,466,059 | 1.08 | 517,307 |
3. | To approve the Annual Report on Remuneration. | 102,139,351 | 75.71 | 32,768,195 | 24.29 | 1,909,035 |
4. | To re-appoint Arthur James Johnson as a Director. | 130,290,478 | 95.23 | 6,524,967 | 4.77 | 1,137 |
5. | To re-elect Annell Bay as a Director. | 131,551,980 | 96.15 | 5,263,465 | 3.85 | 1,137 |
6. | To re-elect John Glick as a Director | 124,895,219 | 93.28 | 8,994,805 | 6.72 | 2,926,557 |
7. | To re-elect John Hofmeister as a Director. | 131,503,891 | 96.12 | 5,311,465 | 3.88 | 1,226 |
8. | To re-elect Richard Hunting as a Director. | 98,717,634 | 72.88 | 36,731,661 | 27.12 | 1,367,286 |
9. | To re-elect Peter Rose as a Director. | 129,941,285 | 94.98 | 6,874,071 | 5.02 | 1,226 |
10. | To re-appoint PricewaterhouseCoopers LLP as auditors and authorise the Audit Committee to determine their remuneration. | 134,061,303 | 97.99 | 2,753,282 | 2.01 | 1,996 |
11. | To authorise the Directors to allot shares. | 134,356,175 | 98.20 | 2,457,917 | 1.80 | 2,490 |
12. | To generally authorise the Directors to disapply pre-emption rights. | 136,765,250 | 99.96 | 50,428 | 0.04 | 904 |
13. | To authorise the Directors to disapply additional pre-emption rights. | 134,837,080 | 98.55 | 1,978,508 | 1.45 | 993 |
14. | To authorise the Company to make market purchases of its own shares. | 135,287,754 | 98.97 | 1,407,060 | 1.03 | 121,767 |
15. | To authorise 14 clear days' notice periods for General Meetings (other than an AGM). | 130,986,141 | 95.74 | 5,829,404 | 4.26 | 1,037 |
16. | To amend the Articles of Association. | 135,577,062 | 99.10 | 1,235,739 | 0.90 | 3,780 |
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 164,173,603 Ordinary shares of 25p each.
The total number of votes cast by poll, including 'Votes Withheld', was 136,817,082; % of votes cast by poll was 83.3% of the total issued share capital.
The Directors of the Company note the votes received in respect of resolutions 3 and 8. A note of the actions to be taken following this outcome will shortly be published on the Company's website at www.huntingplc.com.
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 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, Kenya, Mexico, Netherlands, Norway, Saudi Arabia, Singapore,United Arab Emirates and the United States of America.
Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.