9 Nov 2011 09:11
9 November 2011
Dear Sirs,
RESULTS OF ANNUAL GENERAL MEETING - 9 NOVEMBER 2011
Oilex Ltd advises that the resolutions detailed below, which were put to theAnnual General Meeting of Shareholders held at 3.30pm on Wednesday 9 November2011, were passed on a show of hands:
As Ordinary Resolutions
1. Adoption of Remuneration Report
2. Re-election of Mr. Ben Clube as a Director
3. Re-election of Mr. Ron Miller as a Director
4. To appoint Mr Sundeep Bhandari as a non-executive Director
5. Approval of increase in aggregate annual non-executive Directors'
remuneration
6. Ratification of previous issues of Shares.
Please refer to the attached summary of proxy voting provided in accordance with Section 251AA of the Corporations Act.
For and on behalf of Oilex Ltd
Ben Clube
Finance Director & Company Secretary
Cc: Directors of Oilex Ltd
Proxy Voting
In accordance with Section 251AA of the Corporations Act, the proxy votes and number of shares voted were recorded as follows for 113 valid proxies:
INDIVIDUAL PROXIES FOR AGAINST ABSTAIN Resolution 1 40,502,159 8,448,700 13,446,179 Resolution 2 49,381,217 12,486,341 529,480 Resolution 3 54,921,474 6,946,084 529,480 Resolution 4 61,620,321 1,270,462 106,255 Resolution 5 52,791,969 4,353,456 5,851,613 Resolution 6 51,976,448 7,293,653 3,126,937
For further information, please contact:
Oilex Ltd +61 (0)8 9485 3200 (Western
Australia)
Bruce McCarthy Managing Director
oilex@oilex.com.au Ben Clube Finance Director oilex@oilex.com.au
Ambrian Partners Limited (Nominated Adviser and AIM Broker)
Matthew Einhorn +44 (0) 20 7634 4860 (UK) matt.einhorn@ambrian.com Anthony Rowland +44 (0) 20 7634 4858 (UK) anthony.rowland@ambrian.com Read Corporate Nicholas Read +61 (0)8 9388 1474 (Western Australia) nicholas@readcorporate.com.au Tavistock Communications +44 (0)207 920 3150 (UK) Ed Portman +44 (0)7733 363 501 (UK) eportman@tavistock.co.uk Paul Youens +44 (0)7843 260 623 (UK) pyouens@tavistock.co.uk
XLON