31 Jul 2013 15:15
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
31 July 2013 |
Mytrah Energy Limited
("Mytrah Energy" or the "Company")
AGM Results
The Board of Directors of the Company is pleased to announce that at the Annual General Meeting of the Company held on Wednesday 31st July 2013, all the resolutions were duly passed by shareholders. Votes were as follows:
1. IT WAS RESOLVED to receive the Annual Report and Accounts of the Company for the financial period ended 31 December 2012, together with the Reports of the Directors and Auditors thereon. (126,926,978 votes cast in favour, 0 votes against and 0 votes withheld).
2. IT WAS RESOLVED to approve the Directors' Remuneration Report set out in the Annual Report and Accounts for the financial period ended 31 December 2012. (120,913,775 votes cast in favour, 557,393 votes against and 5,455,810 votes withheld).
3. IT WAS RESOLVED to appoint KPMG LLC as Auditors of the Company, to hold office until the conclusion of the next AGM to be held in 2014. (126,926,978 votes cast in favour, 0 votes against and 0 votes withheld).
4. IT WAS RESOLVED to authorise the Directors to determine the remuneration of the Auditors of the Company. (126,926,978 votes cast in favour, 0 votes against and 0 votes withheld).
5. IT WAS RESOLVED to re-elect as a Director Mr Ravi Kailas, who voluntarily retires in accordance with the recommendations of the UK Corporate Governance Code. (126,926,978 votes cast in favour, 0 votes against and 0 votes withheld).
6. IT WAS RESOLVED to re-elect as a Director Mr Rohit Phansalkar, who voluntarily retires in accordance with the recommendations of the UK Corporate Governance Code. (124,566,978 votes cast in favour, 2,360,000 votes against and 0 votes withheld).
7. IT WAS RESOLVED to re-elect Mr John Russell Fotheringham Walls, who voluntarily retires in accordance with the recommendations of the UK Corporate Governance Code. (124,566,978 votes cast in favour, 2,360,000 votes against and 0 votes withheld).
8. IT WAS RESOLVED to authorise the Directors to issue Ordinary Shares. (126,716,978 votes cast in favour, 210,000 votes against and 0 votes withheld).
9. IT WAS RESOLVED to authorise the Company to make market purchases of its own shares which may be cancelled or held as treasury shares. (124,219,585 votes cast in favour, 2,707,393 votes against and 0 votes withheld).
10. IT WAS RESOLVED to disapply pre-emption rights. (111,891,585 votes cast in favour, 15,035,393 votes against and 0 votes withheld).
For further information please visit www.mytrah.com or contact:
Mytrah Energy Limited
Ravi Kailas / Alastair Cade +91 40 3376 0102
Strand Hanson Limited (Nominated Adviser)
James Harris / Richard Tulloch / Angela Hallett +44 (0) 20 7409 3494
Investec Bank plc (Joint Broker)
Chris Sim / Jeremy Ellis +44 (0) 20 7597 5970
Mirabaud Securities LLP (Joint Broker)
Peter Krens / Rory Scott +44 (0) 20 7878 3360
St Brides Media & Finance Limited (Financial PR)
Elisabeth Cowell / Frank Buhagair +44 (0) 20 7236 1177