16 May 2018 14:16
16 May 2018
Ophir Energy PLC
("Ophir" or the "Company")
Results of Annual General Meeting
Ophir Energy plc held its Annual General Meeting today, 16 May 2018, at Linklaters LLP, 1 Silk Street, London, EC2Y 8HQ. All resolutions were put to the meeting on a poll, the full results of which are given below.
Resolutions 1 to 13 and 18 were proposed as ordinary resolutions and resolutions 14 to 17 were proposed as special resolutions. A poll was conducted on all resolutions put to the meeting, the full results of which are set out below.
Resolutions | Votes For | Votes Against | Votes Withheld | |||
Number | % | Number | % | |||
1 | To receive the 2017 Annual Report and Accounts
| 548,272,862 | 100.00 | 1,622 | 0.00 | 2,619,122 |
2 | To approve the Remuneration Report
| 534,865,252 | 98.10 | 10,348,644 | 1.90 | 5,679,708 |
3 | To re-elect William (Bill) Schrader as a Director
| 548,845,361 | 99.63 | 2,045,709 | 0.37 | 2,535 |
4 | To re-elect Dr Nicholas (Nick) Cooper as a Director
| 548,625,299 | 99.59 | 2,265,772 | 0.41 | 2,535 |
5 | To re-elect Anthony (Tony) Rouse as a Director
| 544,567,747 | 98.85 | 6,324,005 | 1.15 | 1,854 |
6 | To re-elect Dr Carol Bell as a Director
| 519,120,839 | 98.50 | 7,910,640 | 1.50 | 23,862,127 |
7 | To re-elect Alan Booth as a Director
| 550,120,617 | 99.86 | 770,454 | 0.14 | 2,535 |
8 | To re-elect Vivien Gibney as a Director
| 549,277,466 | 99.71 | 1,614,286 | 0.29 | 1,854 |
9 | To re-elect David Davies as a Director
| 525,658,343 | 99.74 | 1,373,136 | 0.26 | 23,862,127 |
10 | To re-elect Dr Carl Trowell as a Director
| 549,451,697 | 99.74 | 1,439,374 | 0.26 | 2,535 |
11 | To re-appoint Ernst & Young LLP as Auditor
| 547,744,799 | 99.43 | 3,141,820 | 0.57 | 6,986 |
12 | To authorise the Directors to set the remuneration of the Auditor
| 548,271,022 | 100.00 | 3,462 | 0.00 | 2,619,122 |
13 | To give authority to allot shares
| 471,738,496 | 86.04 | 76,531,508 | 13.96 | 2,623,602 |
14 | To dis-apply pre-emption rights*
| 548,173,222 | 99.98 | 96,075 | 0.02 | 2,624,309 |
15 | To dis-apply pre-emption rights for an acquisition or specified capital investment*
| 487,552,355 | 88.92 | 60,721,421 | 11.08 | 2,619,829 |
16 | To authorise the purchase of its own shares by the Company*
| 550,309,192 | 99.91 | 491,127 | 0.09 | 93,286 |
17 | To authorise the Company to call a general meeting of shareholders on not less than 14 days' clear notice*
| 539,694,003 | 98.44 | 8,580,481 | 1.56 | 2,619,122 |
18 | To authorise the Company and its subsidiaries to make political donations
| 513,215,807 | 93.61 | 35,055,278 | 6.39 | 2,622,521 |
* Special Resolution
As at the date of the AGM, the Company had 746,019,407 ordinary shares in issue. The Company holds shares in treasury and therefore the number of total voting rights as at the voting record date was 706,951,241. In accordance with the Company's Articles of Association, every member who is present in person or by proxy has one vote for every share held. The scrutineer of the poll was Equiniti Limited, the Company's Share Registrar.
Note that a "vote withheld" is not a vote in law and have not been included in the calculation of votes "for" and "against" each resolution. Proxy appointments which gave discretion to the Chairman have been included in the "for" total.
In accordance with Listing Rule 9.6.2, copies of the resolutions which constitute special business at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.Hemscott.com/nsm.do.
For Further Information please contact:
Ophir Energy plc +44 (0)20 7811 2400
Philip Laing, General Counsel & Company Secretary
About Ophir
Ophir Energy is an independent upstream oil and gas exploration and production company. It is listed on the London Stock Exchange (LEI: 213800LAZOZTKPAV2583).
For further information on Ophir, please refer to www.ophir-energy.com