4 Jun 2014 12:57
FOR IMMEDIATE RELEASE
JKX OIL & GAS plc ("JKX")
Result of Annual General Meeting
JKX Oil & Gas plc ("JKX") announces that at its AGM held today, all Resolutions set out in the Notice of Meeting, with the exception of Resolution 3 (the Directors' Remuneration Report), were duly passed after taking into account the votes cast by shareholders.
The outcome of Resolution 3 will not be determined until the conclusion of the appeal to the Supreme Court by Eclairs Group Limited ("Eclairs") and Glengary Overseas Limited ("Glengary") against the Court of Appeal's judgment that the restriction notices served by JKX on Eclairs and Glengary are valid. Assuming that the Court of Appeal's judgment is upheld, Resolution 3 will have been passed; if not, this Resolution will not have been passed.
Eclairs did not vote in respect of any of the AGM resolutions.
Full details of the proxy votes lodged prior to or voted on the polls held at the AGM are set out below, and are available on the Company's website at www.jkx.co.uk.
Votes cast excluding those of Glengary's nominee
VOTESFOR | % | VOTESAGAINST | % | VOTESTOTAL | % of ISC VOTED | VOTESWITHHELD | |
1 | 85,230,751 | 100.00 | 1,200 | 0.00 | 85,231,951 | 49.63% | 2,100 |
2 | 84,771,713 | 99.56 | 377,205 | 0.44 | 85,148,918 | 49.58% | 85,133 |
3 | 43,547,310 | 53.45 | 37,929,407 | 46.55 | 81,476,717 | 47.45% | 3,757,334 |
4 | 81,565,695 | 95.70 | 3,668,006 | 4.30 | 85,233,701 | 49.63% | 350 |
5 | 85,117,050 | 99.86 | 116,401 | 0.14 | 85,233,451 | 49.63% | 600 |
6 | 85,117,279 | 99.86 | 116,172 | 0.14 | 85,233,451 | 49.63% | 600 |
7 | 62,713,423 | 73.58 | 22,518,278 | 26.42 | 85,231,701 | 49.63% | 2,350 |
8 | 85,150,736 | 99.93 | 57,561 | 0.07 | 85,208,297 | 49.62% | 25,754 |
9 | 85,224,319 | 99.99 | 7,832 | 0.01 | 85,232,151 | 49.63% | 1,900 |
10 | 85,062,923 | 99.83 | 144,657 | 0.17 | 85,207,580 | 49.62% | 26,471 |
11 | 82,213,091 | 96.46 | 3,016,260 | 3.54 | 85,229,351 | 49.63% | 4,700 |
12 | 85,199,952 | 99.96 | 31,199 | 0.04 | 85,231,151 | 49.63% | 2,900 |
13 | 85,196,647 | 99.96 | 34,831 | 0.04 | 85,231,478 | 49.63% | 2,573 |
14 | 84,304,357 | 98.93 | 913,898 | 1.07 | 85,218,255 | 49.63% | 15,796 |
Votes cast including those of Glengary's nominee
VOTESFOR | % | VOTESAGAINST | % | VOTESTOTAL | % of ISC VOTED | VOTESWITHHELD | |
1 | 104,887,095 | 100.00 | 1,200 | 0.00 | 104,888,295 | 61.08% | 2,100 |
2 | 84,771,713 | 80.88 | 20,033,549 | 19.12 | 104,805,262 | 61.03% | 85,133 |
3 | 43,547,310 | 43.06 | 57,585,751 | 56.94 | 101,133,061 | 58.89% | 3,757,334 |
4 | 81,565,695 | 77.76 | 23,324,350 | 22.24 | 104,890,045 | 61.08% | 350 |
5 | 85,117,050 | 81.15 | 19,772,745 | 18.85 | 104,889,795 | 61.08% | 600 |
6 | 85,117,279 | 81.15 | 19,772,516 | 18.85 | 104,889,795 | 61.08% | 600 |
7 | 62,713,423 | 59.79 | 42,174,622 | 40.21 | 104,888,045 | 61.08% | 2,350 |
8 | 104,807,080 | 99.95 | 57,561 | 0.05 | 104,864,641 | 61.07% | 25,754 |
9 | 104,880,663 | 99.99 | 7,832 | 0.01 | 104,888,495 | 61.08% | 1,900 |
10 | 85,062,923 | 81.12 | 19,801,001 | 18.88 | 104,863,924 | 61.07% | 26,471 |
11 | 82,213,091 | 78.38 | 22,672,604 | 21.62 | 104,885,695 | 61.08% | 4,700 |
12 | 85,199,952 | 81.23 | 19,687,543 | 18.77 | 104,887,495 | 61.08% | 2,900 |
13 | 85,196,647 | 81.23 | 19,691,175 | 18.77 | 104,887,822 | 61.08% | 2,573 |
14 | 103,960,701 | 99.13 | 913,898 | 0.87 | 104,874,599 | 61.07% | 15,796 |
For further information please contact:
Cardew Group T: 020 7930 0777
Anthony Cardew M: 07770 720 389
Nadja Vetter M: 07941 340436
Lauren Foster M: 07887 676 603