25 Jun 2020 12:00
PREMIER OIL PLC
Result of Annual General Meeting
The Annual General Meeting ("AGM") of Premier Oil plc (the "Company") was held today, 25 June 2020, at 23 Lower Belgrave Street, London, SW1W 0NR at 09.30am. Each of the resolutions contained in the Notice of Meeting were put to the AGM, voted on by way of a poll and duly approved.
The total number of votes received on each resolution put to the AGM was as follows:
No. | Resolution | Votes FOR (a) | % | Votes AGAINST | % | Votes WITHHELD (b) |
1 | Approve Annual Report and Accounts | 335,153,192 | 99.82 | 589,557 | 0.18 | 7,633,280 |
2 | Approve Annual Report on Remuneration | 321,033,466 | 94.20 | 19,761,250 | 5.80 | 2,581,313 |
3 | Approve the Directors' Remuneration Policy | 331,786,237 | 96.71 | 11,300,114 | 3.29 | 289,678 |
4 | Approve Amendments to the Premier Oil 2017 Long term Incentive Plan | 341,488,995 | 99.53 | 1,600,959 | 0.47 | 286,075 |
5 | Re-elect Dave Blackwood | 341,042,268 | 99.42 | 1,996,568 | 0.58 | 337,193 |
6 | Re-elect Anne Marie Cannon | 342,238,678 | 99.76 | 811,606 | 0.24 | 325,745 |
7 | Re-elect Tony Durrant | 340,718,337 | 99.32 | 2,347,835 | 0.68 | 309,857 |
8 | Re-elect Roy A Franklin | 332,190,809 | 99.55 | 1,514,581 | 0.45 | 9,670,639 |
9 | Re-elect Barbara Jeremiah | 333,455,854 | 97.21 | 9,581,132 | 2.79 | 339,043 |
10 | Re-elect Iain Macdonald | 342,147,097 | 99.74 | 894,643 | 0.26 | 334,289 |
11 | Elect Elisabeth Proust | 342,840,107 | 99.94 | 222,715 | 0.06 | 313,207 |
12 | Re-elect Richard Rose | 342,631,065 | 99.88 | 403,523 | 0.12 | 341,441 |
13 | Re-elect Mike Wheeler | 342,117,565 | 99.73 | 909,403 | 0.27 | 349,061 |
14 | Re-appoint Ernst & Young LLP as Auditor | 340,732,743 | 99.30 | 2,400,769 | 0.70 | 242,517 |
15 | Authorise ARC to approve Auditor remuneration | 341,873,753 | 99.63 | 1,262,565 | 0.37 | 239,711 |
16 | Authorise Company to make political donations | 339,630,087 | 98.98 | 3,484,099 | 1.02 | 261,843 |
17 | Authorise Directors to allot shares | 341,709,964 | 99.59 | 1,402,120 | 0.41 | 263,945 |
18 | Authority to disapply pre-emption rights (up to 5% of issued share capital) (c) | 342,421,250 | 99.80 | 694,938 | 0.20 | 259,841 |
19 | Authority to disapply pre-emption rights in connection with specific acquisition/ investment (further 5% of issued share capital) (c) | 341,391,806 | 99.49 | 1,745,568 | 0.51 | 238,655 |
20 | Authority to purchase own shares (c) | 341,191,068 | 99.42 | 1,977,327 | 0.58 | 207,634 |
21 | Authority to call General Meetings by notice of not less than 14 days (c) | 340,925,700 | 99.35 | 2,215,602 | 0.65 | 234,727 |
NOTES:
(a) The "For" proxy vote includes those giving the Chairman discretion.(b) A vote "Withheld" is not a vote in law and is not counted in the calculation of the proxy votes "For" or "Against" the resolution.(c) Special resolution.
The total number of shares in issue on 23 June 2020, the deadline for casting votes by proxy in advance of the AGM, was 922,028,631 shares. 37.24% of voting capital, including votes withheld, was instructed in respect of the resolutions put to the AGM.
The full text of the resolutions can be found in the Notice of Annual General Meeting, which is available on the Company's website at www.premier-oil.com along with a recording of today's AGM.
In accordance with the UK Listing Authority's Listing Rule 9.6.2, copies of all the resolutions passed by the Company's shareholders, other than ordinary business will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism
Enquiries | |
Premier Oil plc | Tel: 020 7824 1067 |
Company Secretariat:Rachel Rickard | |
Investor Relations:Elizabeth Brooks |