8 Jun 2010 07:00
8 June 2010
LAMPRELL PLC
("Lamprell" or the "Company")
The Annual General Meeting (the "AGM") of the Company was held at Suite 102, City Tower 2, Sheikh Zayed Road, Dubai, United Arab Emirates on Monday, the 7th of June 2010 at 12:00 noon (UAE time).
Results of the AGM
All resolutions were passed on a show of hands.
FINAL PROXY VOTING TOTALS
| Resolution no | Business | TOTAL | FOR | AGAINST | WITHHELD |
|
| Ordinary Business |
|
|
|
|
| 1 | To receive and adopt the Company's financial statements together with the reports of the directors and auditors for the period ending 31 December 2009 | 170,372,947 | 170,372,947 | 0 | 0 |
| 2 | To approve the Directors' remuneration report for the year ended 31 December 2009 included in the Annual Report and Accounts for 2009 | 161,888,574 | 114,182,385 | 47,706,189 | 8,484,373 |
| 3 | To declare a final dividend of US$ 0.0380 per ordinary share as recommended by the directors | 170,372,947 | 170,372,947 | 0 | 0 |
| 4 | To re-appoint Richard Raynaut as a director of the Company | 170,372,947 | 145,971,728 | 24,401,219 | 0 |
| 5 | To reappoint the auditors, PricewaterhouseCoopers, Isle of Man, as auditors of the Company | 170,372,947 | 170,122,947 | 250,000 | 0 |
| 6 | To authorise the directors to fix the auditors' remuneration | 170,372,947 | 170,372,947 | 0 | 0 |
|
| Special Business |
|
|
|
|
| 7 | To authorise the directors to allot shares pursuant to Article 5.1 of the Company's Articles of Association | 170,371,947 | 170,368,947 | 3,000 | 1,000 |
| 8 | To disapply the pre-emption rights pursuant to article 5.2 of the Company's Articles of Association | 170,371,947 | 161,035,135 | 9,336,812 | 1,000 |
| 9 | To authorise the Company to make market purchases of its ordinary shares | 170,242,693 | 170,236,693 | 6,000 | 130,254 |
| 10 | To adopt new Article of Association | 170,371,947 | 170,241,693 | 130,254 | 1,000 |
Notes:
1. Any proxy appointments which gave discretion to the Chairman have been included in the 'FOR' total.
2. A 'VOTE WITHHELD' is not a vote in law and is not counted in the calculation of the proportion of votes for or against a resolution and is not included in the total proxy votes received for each resolution.
3. Number of shares in issue at meeting date: 200,279,309.
4. Resolutions 8 to 10 were passed as special business resolutions and two copies of each resolution have been submitted to the UK Listing Authority and will shortly be available for inspection in the UK Listing Authority's Document Viewing Facility, which is situated at:
The Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Tel: +44 (0) 20 7066 1000
Enquiries:
Lamprell plc Ravindra Dabir, Company Secretary +44 (0)20 7920 2330
M:Communications, London Patrick d'Ancona +44 (0)20 7920 2347
Georgina Briscoe +44 (0)20 7920 2348