Last checked at 15 May 2019 14:30
15 May 2019
Rockhopper Exploration plc
("Rockhopper" or the "Company")
Result of Annual General Meeting
Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to announce that all resolutions proposed at the Annual General Meeting ("AGM") of the Company held today were duly passed on a show of hands.
A presentation given at the AGM is available for viewing on the Company's website:
http://www.rockhopperexploration.co.uk/rockhopper/investors/presentations.html.
As previously announced and as part of the Board's long-term succession planning, David McManus retired from the Board as Non-Executive Chairman at the AGM, having served for nearly nine years. David will be succeeded as Non-Executive Chairman by Keith Lough, who has been a Non-Executive Director of the Company since January 2014.
Alison Baker, currently Non-Executive Director, will replace Keith as Senior Independent Director, and as Chairman of the Audit and Risk Committee.
The total number of proxy votes received on each resolution put to the AGM was as follows:
Resolution (No. as noted on proxy form) | Total For (i) | Total Against | Withheld (ii) | ||
| No. of votes | % of vote | No. of votes | % of vote | No. of votes |
Resolution 1: Receive Annual Report and Accounts | 92,717,546 | 99.41 | 549,686 | 0.59 | 552,077 |
Resolution 2: Elect Alison Baker | 93,350,133 | 99.62 | 356,630 | 0.38 | 112,173 |
Resolution 3: Re-elect Timothy Bushell | 76,252,750 | 81.34 | 17,496,621 | 18.66 | 69,917 |
Resolution 4: Re-elect Keith Lough | 92,857,003 | 99.07 | 867,616 | 0.93 | 94,690 |
Resolution 5: Re-elect Stewart MacDonald | 92,843,334 | 99.05 | 894,858 | 0.95 | 81,117 |
Resolution 6: Re-elect Samuel Moody | 92,862,800 | 99.07 | 874,159 | 0.93 | 82,340 |
Resolution 7: Re-elect John Summers | 93,342,929 | 99.57 | 406,629 | 0.43 | 69,751 |
Resolution 8: Appoint Pricewaterhouse Coopers as Auditor and authorise Board to approve Auditor remuneration
| 92,408,007 | 98.63 | 1,284,869 | 1.37 | 126,433 |
Resolution 9: Authorise Directors to allot shares | 92,061,443 | 99.27 | 676,327 | 0.73 | 1,081,539 |
Resolution 10: Authorise Directors to disapply pre-emption rights (up to 10% of issued share capital) (iii) | 91,730,808 | 98.44 | 1,457,341 | 1.56 | 631,160 |
Resolution 11: Authorise Company to purchase its own shares (iii) | 93,576,027 | 99.87 | 125,861 | 0.13 | 117,026 |
Notes:
(i) The "For" proxy vote includes those giving the Chairman discretion
(ii) A vote "Withheld" is not a vote in law and is not included in the proxy votes "For" or "Against" the resolution
(iii) Special resolution
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: https://rockhopperexploration.co.uk/investors/shareholder-documents/
Enquiries:
Rockhopper Exploration plc
Sam Moody - Chief Executive
Stewart MacDonald - Chief Financial Officer
Tel. +44 (0) 20 7390 0234 (via Vigo Communications)
Canaccord Genuity Limited (NOMAD and Joint Broker)
Henry Fitzgerald-O'Connor/James Asensio
Tel. +44 (0) 20 7523 8000
Peel Hunt LLP (Joint Broker)
Richard Crichton
Tel. +44 (0) 20 7418 8900
Vigo Communications
Patrick d'Ancona/Ben Simons
Tel. +44 (0) 20 7390 0234