16 Jul 2015 16:21
16 July 2015
INFINIS ENERGY PLC
(Symbol:INFI)
RESULT OF AGM
The second annual general meeting ("AGM") of Infinis Energy plc was held at the Northampton Marriott Hotel, Eagle Drive, Northampton NN4 7HW on Thursday, 16 July 2015 at 2.00 p.m.
All proposed resolutions as set out in the Notice of Meeting dated 12 June 2015 were duly passed by shareholders by way of a poll vote. The following table summarises voting in relation to the resolutions passed at the AGM.
In favour | Against | Total Votes Cast Votes | Total % of Issued Share Capital voted | Withheld Votes | |||
Resolution | Votes | % | Votes | % | |||
1 Annual Report and Accounts | 270,942,735 | 100.00 | 0 | 0.00 | 270,942,735 | 90.30 | 1,230 |
2 Directors' remuneration report | 270,193,027 | 99.95 | 128,645 | 0.05 | 270,321,672 | 90.09 | 622,293 |
3 Directors' remuneration policy | 262,718,147 | 97.19 | 7,603,909 | 2.81 | 270,322,056 | 90.09 | 621,909 |
4 Declaration of dividend | 270,943,965 | 100.00 | 0 | 0.00 | 270,943,965 | 90.30 | 0 |
5 To re-elect Gordon Boyd | 270,205,248 | 99.73 | 737,487 | 0.27 | 270,942,735 | 90.30 | 1,230 |
6 To re-elect Mike Kinski | 270,109,980 | 99.69 | 833,985 | 0.31 | 270,943,965 | 90.30 | 0 |
7 To re-elect Eric Machiels | 270,206,862 | 99.73 | 737,103 | 0.27 | 270,943,965 | 90.30 | 0 |
8 To re-elect Ian Marchant | 261,870,249 | 98.77 | 3,254,485 | 1.23 | 265,124,734 | 88.36 | 5,819,231 |
9 To re-elect Alan Bryce | 270,287,100 | 99.76 | 655,635 | 0.24 | 270,942,735 | 90.30 | 1,230 |
9* To re-elect Alan Bryce | 64,619,360 | 99.00 | 655,635 | 1.00 | 65,274,995 | 69.16 | 1,230 |
10 To re-elect Christopher Cole | 268,248,914 | 99.23 | 2,074,296 | 0.77 | 270,323,210 | 90.09 | 620,755 |
10* To re-elect Christopher Cole | 62,581,174 | 96.79 | 2,074,296 | 3.21 | 64,655,470 | 68.51 | 620,755 |
11 To re-elect Raymond King | 270,286,600 | 99.76 | 656,135 | 0.24 | 270,942,735 | 90.30 | 1,230 |
11* To re-elect Raymond King | 64,618,860 | 98.99 | 656,135 | 1.01 | 65,274,995 | 69.16 | 1,230 |
12 To re-elect Baroness Sally Morgan | 270,280,572 | 99.76 | 663,165 | 0.24 | 270,943,737 | 90.30 | 228 |
12* To re-elect Baroness Sally Morgan | 64,612,832 | 98.98 | 663,165 | 1.02 | 65,275,997 | 69.17 | 228 |
13 To re-appoint auditors | 270,228,340 | 99.74 | 715,125 | 0.26 | 270,943,465 | 90.30 | 500 |
14 Auditors remuneration | 270,902,416 | 99.98 | 41,165 | 0.02 | 270,943,581 | 90.30 | 384 |
15 Authority to make political donations | 270,817,680 | 99.95 | 124,874 | 0.05 | 270,942,554 | 90.30 | 1,411 |
16 Authority to allot shares | 270,850,833 | 99.97 | 92,748 | 0.03 | 270,943,581 | 90.30 | 384 |
17 Disapplication of pre-emption rights | 256,413,925 | 96.55 | 9,164,983 | 3.45 | 265,578,908 | 88.51 | 5,365,057 |
18 Authority to purchase own shares | 270,941,530 | 100.00 | 821 | 0.00 | 270,942,351 | 90.30 | 1,614 |
19 Notice periods for general meetings | 268,816,847 | 99.21 | 2,127,118 | 0.79 | 270,943,965 | 90.30 | 0 |
Percentages of votes cast for and against have been calculated excluding the withheld votes. Percentages are rounded to 2 decimal place.
*Independent shareholder votes only. Under the FCA's Listing Rules, because Monterey Capital II S.à r.l. is classed as a "controlling shareholder", a resolution for the election and re-election of Independent Directors must be passed by a majority of votes cast by the independent shareholders of the Company (i.e. any shareholder that is not a controlling shareholder), as well as by a majority of votes cast by all the shareholders. The votes cast by independent shareholders exclude the Monterey Capital II S.à r.l. votes of 205,667,740.
"A vote withheld" is not a vote in law and is not calculated in the calculation of the proportion of the votes "for" and "against" a resolution.
The voting figures for the resolutions will also be made available on the corporate website www.infinis.com.
In compliance with LR 9.6.2R, LR 9.6.3R and LR 9.6.18R, Infinis Energy plc has forwarded a copy of the resolutions passed at the Annual General Meeting concerning special business to the National Storage Mechanism
- ENDS -
For more information, please contact:
Infinis Energy plc Graham Bisset
01604 662400
Graham.bisset@infinis.com
Brunswick Group David Litterick
+44 20 7404 5959
Infinis@brunswickgroup.com