3 Jun 2015 15:45
JKX OIL & GAS plc ("JKX")
Result of Annual General Meeting
JKX Oil & Gas plc ("JKX") announces that at its AGM held today all Resolutions with the exceptions of Ordinary Resolution 2 and Special Resolutions 9 and 10 set out in the Notice of Meeting were duly passed after taking into account the votes cast by shareholders.
The outcome of Ordinary Resolution 2 and Special Resolution 9 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 judgment of the Court of Appeal that the restriction notices served by JKX on Eclairs and Glengary are valid. Assuming that the Court of Appeal's judgment is upheld, Ordinary Resolution 2 and Special Resolution 9 will have been passed; but, if not, these Resolutions will not have been passed. Special Resolution 10 was not approved on either basis of counting.
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 Eclairs' nominee and Glengary's nominee
VOTESFOR | % | VOTESAGAINST | % | VOTESTOTAL | % of ISC VOTED | VOTESWITHHELD | |
1 | 80,591,979 | 99.99 | 6,224 | 0.01 | 80,598,203 | 76.92% | 10,333 |
2 | 46,223,003 | 99.83 | 78,269 | 0.17 | 46,301,272 | 44.19% | 34,307,264 |
3 | 80,552,000 | 99.94 | 52,170 | 0.06 | 80,604,170 | 76.93% | 4,366 |
4 | 80,552,659 | 99.94 | 51,511 | 0.06 | 80,604,170 | 76.93% | 4,366 |
5 | 80,552,380 | 99.94 | 51,170 | 0.06 | 80,603,550 | 76.93% | 4,986 |
6 | 80,561,792 | 99.96 | 32,445 | 0.04 | 80,594,237 | 76.92% | 14,299 |
7 | 80,594,742 | 100.00 | 1,461 | 0.00 | 80,596,203 | 76.92% | 12,333 |
8 | 80,543,345 | 99.93 | 55,414 | 0.07 | 80,598,759 | 76.92% | 9,777 |
9 | 80,587,668 | 99.99 | 10,498 | 0.01 | 80,598,166 | 76.92% | 10,370 |
10 | 46,219,522 | 57.37 | 34,351,290 | 42.63 | 80,570,812 | 76.90% | 37,724 |
11 | 80,362,520 | 99.74 | 210,183 | 0.26 | 80,572,703 | 76.90% | 35,833 |
Votes cast including those of Eclairs' nominee and Glengary's nominee
VOTESFOR | % | VOTESAGAINST | % | VOTESTOTAL | % of ISC VOTED | VOTESWITHHELD | |
1 | 100,248,323 | 67.95 | 47,293,251 | 32.05 | 147,541,574 | 85.92% | 10,333 |
2 | 46,223,003 | 40.82 | 67,021,640 | 59.18 | 113,244,643 | 65.95% | 34,307,264 |
3 | 80,552,000 | 54.59 | 66,995,541 | 45.41 | 147,547,541 | 85.92% | 4,366 |
4 | 80,552,659 | 54.59 | 66,994,882 | 45.41 | 147,547,541 | 85.92% | 4,366 |
5 | 80,552,380 | 54.59 | 66,994,541 | 45.41 | 147,546,921 | 85.92% | 4,986 |
6 | 147,505,163 | 99.98 | 32,445 | 0.02 | 147,537,608 | 85.92% | 14,299 |
7 | 147,538,113 | 100.00 | 1,461 | 0.00 | 147,539,574 | 85.92% | 12,333 |
8 | 80,543,345 | 54.59 | 66,998,785 | 45.41 | 147,542,130 | 85.92% | 9,777 |
9 | 80,587,668 | 54.62 | 66,953,869 | 45.38 | 147,541,537 | 85.92% | 10,370 |
10 | 46,219,522 | 31.33 | 101,294,661 | 68.67 | 147,514,183 | 85.90% | 37,724 |
11 | 147,305,891 | 99.86 | 210,183 | 0.14 | 147,516,074 | 85.90% | 35,833 |
For further information please contact:
Cardew Group T: 020 7930 0777
Anthony Cardew / Nadja Vetter