15 Nov 2012 08:27
15 November 2012
Dear Sirs,
RESULTS OF ANNUAL GENERAL MEETING - 14 NOVEMBER 2012
Oilex Ltd advises that the results of resolutions which were put to the Annual General Meeting of Shareholders held at 3.00pm on Wednesday 14 November 2012 are as follows
As Ordinary Resolutions
1. Adoption of Remuneration Report - First Strike recorded based on a poll
2. Re-election of Mr. Max Cozijn as a Director - passed on a show of hands
Proxy Voting
In accordance with Section 251AA of the Corporations Act, the total number of proxy votes exercisable by all proxies validly appointed was 61,440,075. The proxy votes cast on those resolutions put to the AGM were as follows:
ORDINARY RESOLUTIONS: |
FOR |
AGAINST | PROXY HOLDER DISCRETION |
ABSTAIN |
Resolution 1 | 18,822,494 | 21,668,147 | 5,877,401 | 15,072,033 |
Resolution 2 | 41,666,366 | 13,533,952 | 5,877,401 | 362,356 |
Resolution No 1 was put to a poll with the votes cast being 53.3% FOR and 46.7% against, resulting in our "First Strike" being recorded as more than 25% voted against this resolution. The results of this poll were as follows:
ORDINARY RESOLUTION: |
FOR |
AGAINST | ABSTAIN
|
Resolution 1 | 25,027,895 | 21,892,147 | 15,072,033 |
For and on behalf of the Board
David Peterson
Company Secretary
Cc: Directors of Oilex Ltd
For further information, please contact:
Oilex Ltd | +61 (0)8 9485 3200 | (Western Australia) | |
Bruce McCarthy Managing Director | oilex@oilex.com.au
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Max Cozijn Chairman | oilex@oilex.com.au
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RFC Ambrian Limited (Nominated Adviser and Joint AIM Broker)
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Samantha Harrison | Samantha.harrison@rfcambrian.com | +44 (0) 20 3440 6800 | (UK) |
Nplus1 Singer (Joint AIM Broker) | +44 (0) 1315290272 | (UK) | |
Sandy Fraser | sandy.fraser@nplus1singer.com |
| |
Laura White | laura.white@nplus1singer.com | +44 (0)207 920 3150 | (UK) |
Tavistock Communications | |||
Ed Portman | eportman@tavistock.co.uk | +44 (0)7733 363 501 | (UK) |
Paul Youens | pyouens@tavistock.co.uk | +44 (0)7843 260 623 | (UK) |