Last checked at 28 Jun 2016 14:44
Amsterdam, 28 June 2016
Results of Annual General Meeting
Following today's Annual General Meeting, convened by the Notice of Annual General Meeting dated 25 May 2016, Nostrum Oil & Gas PLC ("Nostrum", or "the Company"), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, is pleased to announce that all resolutions set out in the Notice of Annual General Meeting were approved by shareholders which were voted by way of a poll. The results of the poll for each resolution were as follows:
Resolution | For | % | Against | % | Withheld |
To receive the Company's Annual Report and Accounts for the year ended 31 December 2015. |
89,349,867 |
100.00% |
- |
- |
808,829 |
To approve the Directors' Remuneration Report, other than the part containing the Directors' Remuneration Policy, in the form set out in the Company's Annual Report and Accounts for the year ended 31 December 2015. |
86,601,562 |
96.05% |
3,557,134 |
3.95% |
- |
To re-appoint Mr Monstrey as a Director. |
87,073,757 |
96.58% |
3,084,939 |
3.42% |
- |
To re-appoint Mr Kessel as a Director. |
89,622,337 |
99.41% |
536,359 |
0.59% |
- |
To re-appoint Mr Muller as a Director. |
89,622,337 |
99.41% |
536,359 |
0.59% |
- |
To re-appoint Mr von der Linden as a Director. |
90,158,696 |
100.00% |
- |
- |
- |
To re-appoint Mr Everaert as a Director. |
89,622,337 |
99.41% |
536,359 |
0.59% |
- |
To re-appoint Mr Martin as a Director. |
89,541,598 |
99.32% |
617,098 |
0.68% |
- |
To re-appoint Sir Christopher Codrington, Bt. as a Director. |
90,158,696 |
100.00% |
- |
- |
- |
To re-appoint Mr Gupta as a Director. |
90,158,696 |
100.00% |
- |
- |
- |
To re-appoint Mr Jain as a Director. |
85,165,693 |
94.46% |
4,993,003 |
5.54% |
- |
To re-appoint Ernst & Young LLP as Auditor of the Company. |
90,158,696 |
100.00% |
- |
- |
-
|
To authorise the Audit Committee to fix the Auditor's remuneration. |
90,158,696 |
100.00% |
- |
- |
- |
To authorise the Company to allot shares pursuant to section 551 of the Companies Act 2006. |
90,152,343
|
99.99% |
6,353 |
0.01% |
- |
To dis-apply statutory pre-emption rights pursuant to Section 570 of the Companies Act 2006. |
90,158,296 |
100.00% |
400 |
- |
- |
To approve the calling of a general meeting, other than an annual general meeting, on not less than 14 clear days' notice. |
87,814,878 |
97.40% |
2,343,818 |
2.60% |
- |
To authorise the Company to make market purchases of its own ordinary shares pursuant to section 693(4) of the Companies Act 2006 |
90,158,696 |
100.00% |
- |
- |
- |
To authorise the Company to make off-market purchases of its own ordinary shares pursuant to Section 693(2) of the Companies Act 2006. |
89,381,592 |
99.14% |
777,104 |
0.86% |
- |
A "Vote Withheld" is not a vote in law and is not counted in the calculation of proportion of votes "For" or "Against" a resolution.
As at the date of the AGM, the number of issued shares of the Company was 188,182,958 ordinary shares of £0.01 each.
The total number of proxy votes cast, including "Votes Withheld" was 90,155,384; percentage of proxies cast was 99.99%.
In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism, and can be viewed at http://www.morningstar.co.uk/uk/nsm.
Further information:
For further information please visit www.nog.co.uk
Further enquiries:
Nostrum Oil & Gas PLC - Investor Relations
Kirsty Hamilton-Smith
Rachel Pescod
ir@nog.co.uk
+ 44 (0) 203 740 7430
Instinctif Partners - UK
David Simonson
+ 44 (0) 207 457 2020
Promo Group Communications - Kazakhstan
Asel Karaulova
+ 7 (727) 264 67 37
About Nostrum
Nostrum Oil & Gas PLC is an independent oil and gas company currently engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin. Its shares are listed on the London Stock Exchange (ticker symbol: NOG). The principal producing asset of Nostrum is the Chinarevskoye field, in which it holds a 100% interest and is the operator through its wholly-owned subsidiary Zhaikmunai LLP. In addition, Nostrum holds a 100% interest in and is the operator of the Rostoshinskoye, Darinskoye and Yuzhno-Gremyachenskoye oil and gas fields through the same subsidiary. Located in the pre-Caspian basin to the north-west of Uralsk, these exploration and development fields are situated approximately 60 and 120 kilometres respectively from the Chinarevskoye field.
Forward-Looking Statements
Some of the statements in this document are forward-looking. Forward-looking statements include statements regarding the intent, belief and current expectations of the Group or its officers with respect to various matters. When used in this document, the words "expects," "believes," "anticipates," "plans," "may," "will," "should" and similar expressions, and the negatives thereof, are intended to identify forward-looking statements. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements.
No part of this announcement constitutes, or shall be taken to constitute, an invitation or inducement to invest in the Company or any other entity, and shareholders of the Company are cautioned not to place undue reliance on the forward-looking statements. Save as required by the Listing Rules and applicable law, the Company does not undertake to update or change any forward-looking statements to reflect events occurring after the date of this announcement.