Last checked at 11 May 2017 14:21
11 May 2017
PETROFAC LIMITED
(the "Company")
RESULTS OF ANNUAL GENERAL MEETING
The Company hereby confirms that all resolutions set out in the Notice of Meeting for the Annual General Meeting of Petrofac Limited held on 11 May 2017 were duly passed by shareholders on a poll.
The total number of votes cast for each resolution is as follows:
No. | Resolution | In Favour /Discretion | %* | Against | %* | Withheld |
1 | Report and Accounts | 236,828,649 | 100.00 | 247 | 0.00 | 210,347 |
2 | Final dividend | 237,038,789 | 100.00 | 295 | 0.00 | 285 |
3 | Remuneration Policy | 236,001,061 | 99.64 | 860,483 | 0.36 | 177,699 |
4 | Annual Report on Remuneration | 219,695,634 | 92.75 | 17,180,400 | 7.25 | 163,209 |
5 | Appoint Jane Sadowsky as a Non-executive Director | 236,795,200 | 99.90 | 226,738 | 0.10 | 17,431 |
6 | Appoint Alastair Cochran as an Executive Director | 236,523,779 | 99.79 | 492,805 | 0.21 | 22,785 |
7 | Re-appoint Rijnhard van Tets as Non-executive Chairman | 230,454,451 | 98.38 | 3,785,029 | 1.62 | 2,799,889 |
8 | Re-appoint Thomas Thune Andersen as a Non-executive Director | 236,444,281 | 99.78 | 509,749 | 0.22 | 85,339 |
9 | Re-appoint Andrea Abt as a Non-executive Director | 236,705,735 | 99.87 | 318,411 | 0.13 | 15,223 |
10 | Re-appoint Matthias Bichsel as a Non-executive Director | 235,952,894 | 99.55 | 1,060,987 | 0.45 | 25,488 |
11 | Re-appoint René Médori as a Non-executive Director | 233,589,109 | 98.55 | 3,435,726 | 1.45 | 14,534 |
12 | Re-appoint George Pierson as a Non-executive Director | 236,799,410 | 99.90 | 225,321 | 0.10 | 14,638 |
13 | Re-appoint Ayman Asfari as an Executive Director | 232,103,548 | 97.93 | 4,914,064 | 2.07 | 21,757 |
14 | Re-appoint Marwan Chedid as an Executive Director | 236,534,641 | 99.79 | 488,587 | 0.21 | 16,003 |
15 | Re-appoint Ernst & Young as auditors | 235,777,946 | 99.48 | 1,242,308 | 0.52 | 18,977 |
16 | Authorise directors to fix the auditors' remuneration | 236,825,093 | 99.92 | 200,561 | 0.08 | 13,577 |
17 | Directors' authority to allot shares | 236,816,020 | 99.97 | 64,325 | 0.03 | 158,760 |
18 | Pre-emption rights | 236,842,607 | 99.92 | 185,327 | 0.08 | 11,171 |
19 | Directors' authority to purchase own shares | 236,280,697 | 99.69 | 741,046 | 0.31 | 17,362 |
20 | Short notice period for general meetings | 225,040,112 | 95.29 | 11,127,067 | 4.71 | 871,926 |
* percentage of votes cast excludes withheld votes.
The number of shares in issue at the date of the Meeting was 345,912,747 ordinary shares of US$0.02 each in the Company (the "Shares") and each Share attracted one vote. The total number of votes cast was 237,039,369 (68.53% of the share register).
The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website, www.petrofac.com. Resolutions 17 to 20 were passed as special business resolutions. Copies of these resolutions have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.
For further information contact:
Petrofac Limited
+44 (0) 207 811 4900
LEI 2138004624W8CKCSJ177