Last checked at 12 May 2011 17:35
12 May 2011
OMEGA INSURANCE HOLDINGS LIMITED
('Omega' or the 'Company')
Result of Annual General Meeting
Omega announces that resolutions number 1 to 9, as detailed in the Notice of Annual General Meeting dated 5 April 2011, were passed at Omega's Annual General Meeting held today at 10:00 a.m. (Bermuda Time).
Following independent advice that no adjustment of voting rights pursuant to Bye-laws 38-42 was required, and as referred to in the Notice of Annual General Meeting and the letter from the Chairman contained in the same document as such notice, resolution number 10 was withdrawn.
In accordance with Listing Rule 9.6.3, full details of the resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott/nsm.do.
For information, the results of the Annual General Meeting are set out below. The total number of votes received by the Chairman for use in a poll for each resolution is set out below. The number of common shares in issue and the number of voting rights on 12 May 2011 was 243,479,862.
Abstain | ||||||||
In Favour | Discretion | Against | ||||||
Resolution | Description | Votes | % | Votes | % | Votes | % | Votes |
1 | To receive the Company's audited consolidated financial statements | 94,375,896 | 99.98 | 20,000 | 0.02 | - | - | 5,039,335 |
2 | To approve the Remuneration Report | 98,078,716 | 99.94 | 20,000 | 0.02 | 36,515 | 0.04 | 1,300,000 |
3 | To re-elect David Cooper as a Class III Director of the Company | 99,411,716 | 99.97 | 20,000 | 0.02 | 2,000 | 0.01 | 1,515 |
4 | To re-elect Geoffrey Johnson as a Class III Director of the Company | 97,962,212 | 98.52 | 20,000 | 0.02 | 1,451,504 | 1.46 | 1,515 |
5 | To reappoint Ernst & Young LLP as auditors of the Company | 99,411,216 | 99.97 | 20,000 | 0.02 | 2,500 | 0.01 | 1,515 |
6 | To authorise the Board to determine the auditors' remuneration | 99,413,716 | 99.98 | 20,000 | 0.02 | - | - | 1,515 |
7 | To authorise the Directors to allot Relevant Securities | 99,411,716 | 99.97 | 20,000 | 0.02 | 2,000 | 0.01 | 1,515 |
8 | To disapply pre-emption rights | 99,398,216 | 99.96 | 20,000 | 0.02 | 15,000 | 0.02 | 2,015 |
9 | To authorise the Company to purchase its own issued Common Shares | 99,367,070 | 99.93 | 20,000 | 0.02 | 46,646 | 0.05 | 1,515 |
Enquiries:
Melanie Saunders, Company Secretary Tel: +1 441 279 6610
Jeremy Gorman, Assistant Company Secretary Tel: +44 (0)20 3178 5485