11 May 2016 15:30
PREMIER OIL PLC
Result of Annual General Meeting
The Annual General Meeting ("AGM") of Premier Oil plc (the "Company") was held today, 11 May 2016, at No. 11 Cavendish Square, London, W1G 0AN at 11.00am. With the exception of resolutions 4, 8 and 12, 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 was as follows:
Resolution | Votes FOR (a) | % | Votes AGAINST | % | Votes WITHHELD (b) |
1. Annual Report & Financial Statements 2015 | 247,770,879 | 99.84% | 397,804 | 0.16% | 818,370 |
2. Annual Report on Remuneration | 243,771,336 | 98.68% | 3,261,258 | 1.32% | 1,954,458 |
3. Re-election of Robin Allan | 248,318,592 | 99.76% | 590,656 | 0.24% | 77,805 |
4. Re-election of David Bamford | Resolution withdrawn | ||||
5. Re-election of Anne Marie Cannon | 248,265,913 | 99.75% | 625,082 | 0.25% | 96,058 |
6. Re-election of Joe Darby | 248,209,905 | 99.72% | 698,718 | 0.28% | 78,430 |
7. Re-election of Tony Durrant | 238,023,903 | 95.62% | 10,893,584 | 4.38% | 69,566 |
8. Re-election of Neil Hawkings | Resolution withdrawn | ||||
9. Re-election of Jane Hinkley | 248,209,849 | 99.72% | 689,636 | 0.28% | 87,568 |
10. Re-election of David Lindsell | 248,213,293 | 99.72% | 686,690 | 0.28% | 87,070 |
11. Election of Iain Macdonald | 248,814,853 | 99.97% | 72,433 | 0.03% | 99,767 |
12. Re-election of Michel Romieu | Resolution withdrawn | ||||
13. Re-election of Richard Rose | 248,339,938 | 99.77% | 576,937 | 0.23% | 70,178 |
14. Re-election of Mike Welton | 246,397,948 | 99.00% | 2,494,213 | 1.00% | 94,891 |
15. Re-appointment of auditor | 245,326,463 | 98.55% | 3,618,161 | 1.45% | 42,428 |
16. Remuneration of auditor | 247,808,068 | 99.55% | 1,128,448 | 0.45% | 47,709 |
17. Authority to make political donations or incur political expenditure | 243,817,264 | 98.01% | 4,959,998 | 1.99% | 208,355 |
18. Authority to allot shares | 245,655,283 | 99.55% | 1,098,316 | 0.45% | 2,233,454 |
19. Authority to exceed borrowing limits stated in the Articles | 242,965,404 | 97.65% | 5,843,844 | 2.35% | 177,804 |
20. Disapplication of pre-emption rights (c) | 245,372,425 | 98.57% | 3,547,657 | 1.43% | 65,970 |
21. Purchase of own shares (c) | 244,230,818 | 98.11% | 4,700,661 | 1.89% | 55,573 |
22. Notice period for General Meetings (c) | 230,561,394 | 92.62% | 18,375,057 | 7.38% | 46,961 |
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.
Votes "For" and "Against" are expressed as a percentage of all proxy votes received in advance of the AGM, excluding any "Withheld" votes.
The total number of shares in issue on 9 May 2016, the deadline for casting votes by proxy in advance of the AGM, was 510,811,061 shares. 48.74% 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
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 have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
Enquiries | |
Premier Oil plc | Tel: 020 7730 1111 |
Company Secretariat:Rachel Rickard | |
Investor Relations:Elizabeth Brooks |