1 Dec 2014 07:01
Trading Halt and Results of Annual General Meeting
The Company has requested an ASX trading halt following its Annual General Meeting held Friday, 28 November 2014.
All resolutions were put to a poll at the meeting, with the following resolutions being carried:
Resolution 1 - Adoption of Remuneration Report
Resolution 5 - Re-election of Mr David Riekie
Resolution 6 - Re-election of Mr Ian Olson
Resolution 8 - Ratification of issue of Shares - debt agreements
Resolution 9 - Ratification of issue of Advisor Options
Resolution 10 - Ratification of issue of Shares - technical consulting fees
Resolution 11 - Ratification of issue of Financing Options
Resolution 12 - Renewal of Proportional Takeover Provisions
Resolution 17 - Issue of Director Options - Mr David Riekie
Resolution 18 - Issue of Director Options - Mr Ian Olson
Resolution 21 - Approval for conversion of Lind convertible security issued under funding agreement
Resolution 22 - Ratification of issue of Collateral Shares and Lind Options
The following resolutions were not carried:
Resolution 2 - Re-election of Mr Rory Scott Russell
Resolution 3 - Re-election of Mr Graham Lyon
Resolution 4 - Re-election of Dr Christian Bukovics
Resolution 7 - Re-election of Mr Marcus Edwards-Jones
Resolution 13 - Non-Executive Directors' Fee Pool
Resolution 14 - Issue of Director Options - Mr Rory Scott Russell
Resolution 15 - Issue of Director Options - Mr Graham Lyon
Resolution 16 - Issue of Director Options - Dr Christian Bukovics
Resolution 19 - Approval of General Placement Facility
Resolution 20 - Approval of Listing Rule 7.1A 10% Placement Facility
Further to the ASX announcement dated 20 October 2014, Non-Executive Chairman Sir Sam Jonah did not seek re-election as a Director of the Company, and therefore has also ceased to be a Director with effect from the conclusion of the AGM.
Given the changes to the Company's Board of Directors that were affected at the meeting, the Company has requested a trading halt to finalise the composition of its Board of Directors.
Two representatives from the Company's largest shareholder, Abraham Limited, have been identified to join the Board with announcement of their appointments expected shortly.
Trading in the Company's shares is expected to resume once the above noted appointments have been finalised and the Company is satisfied that its Board is of an appropriate size and composition with the appropriate skills and commitment to enable it to discharge its duties effectively.
In accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001, the Company provides the information attached in respect of each of the resolutions put to shareholders at the Annual General Meeting of the Company.
Contacts
Range Resources LimitedRory Scott Russell (CEO)
Evgenia Bezruchko (IR)
Cantor Fitzgerald Europe(Nominated Advisor and Broker)
David Porter / Sarah Wharry(Corporate finance)
Richard Redmayne (Corporate broking)
t. +44 (0)20 7894 7000
Buchanan (Financial PR - UK)
Ben Romney / Helen Chan
t. +44 (0)20 7466 5000
e. rangeresources@buchanan.uk.com
MAGNUS (Financial PR - Australia)
Rupert Dearden / Richard Glass
t. + 61 8 6160 4900
e. rdearden@magnus.net.au
Australian Office
945 Wellington Street
West Perth, WA 6005
Australia
t. +61 8 9322 7600
f. +61 8 9322 7602
UK Office
Suite 1A, Prince's House38 Jermyn StreetLondon, SW1Y 6DNUnited Kingdom
t. +44 (0)20 7025 7040
f. +44 (0)20 7287 8028
e. admin@rangeresources.co.uk
www.rangeresources.co.uk
www.rangeresources.co.uk
RANGE RESOURCES LIMITED
ANNUAL GENERAL MEETING - 28 NOVEMBER 2014
PROXY AND POLL VOTES
Resolution Number | Resolution 1
| Resolution 2
| Resolution 3
| Resolution 4
| Resolution 5
| Resolution 6
| Resolution 7
|
Decided by a show of hands (S) or poll (P) | P | P | P | P | P | P | P |
Total number of proxy votes exercisable by proxies validly appointed | 1,308,326,036 | 1,330,223,869 | 1,330,223,869 | 1,330,223,869 | 1,330,223,869 | 1,330,223,869 | 1,330,223,869 |
Total number of proxy votes in respect of which the appointments specified that: | |||||||
The proxy is to vote for the resolution | 275,660,374 | 507,099,969 | 506,289,292 | 507,692,782 | 473,616,053 | 483,747,453 | 233,368,000 |
The proxy is to vote against the resolution | 299,352,778 | 95,781,215 | 72,731,997 | 64,469,758 | 107,680,329 | 98,060,399 | 373,040,907 |
The proxy is to abstain on the resolution | 15,706,189 | 9,759,323 | 33,619,218 | 36,916,396 | 31,332,125 | 30,631,555 | 3,619,600 |
The proxy may vote at the proxy's discretion | 717,606,695 | 717,583,362 | 717,583,362 | 721,144,933 | 717,595,362 | 717,784,462 | 720,195,362 |
Total votes cast on a poll in favour of the resolution | 1,006,516,058 | 512,901,009 | 512,090,332 | 517,055,393 | 1,204,460,404 | 1,214,780,904 | 241,781,040 |
Total votes cast on a poll against the resolution | 299,352,778 | 820,812,526 | 797,763,308 | 789,501,069 | 107,680,329 | 98,060,399 | 1,098,072,218 |
Total votes cast on a poll abstaining on the resolution | 15,706,189 | 9,759,323 | 33,619,218 | 36,916,396 | 31,332,125 | 30,631,555 | 3,619,600 |
Total votes exercisable by proxies which were not cast | - | - | - | - | - | - | - |
RANGE RESOURCES LIMITED
ANNUAL GENERAL MEETING - 28 NOVEMBER 2014
PROXY AND POLL VOTES
Resolution Number | Resolution 8
| Resolution 9
| Resolution 10
| Resolution 11
| Resolution 12
| Resolution 13
| Resolution 14
|
Decided by a show of hands (S) or poll (P) | P | P | P | P | P | P | P |
Total number of proxy votes exercisable by proxies validly appointed | 1,330,223,869 | 1,330,223,869 | 1,330,223,869 | 1,328,290,978 | 1,329,209,250 | 1,307,962,298
| 1,329,052,487 |
Total number of proxy votes in respect of which the appointments specified that: | 326,099,694 | 298,614,485 | 306,744,591 | 354,479,345 | 533,077,989 | 224,386,551 | 452,464,632 |
The proxy is to vote for the resolution | |||||||
The proxy is to vote against the resolution | 273,154,049 | 307,547,630 | 294,195,032 | 243,686,867 | 71,258,552 | 362,195,996 | 156,111,257 |
The proxy is to abstain on the resolution | 13,144,764 | 6,466,392 | 9,556,158 | 12,529,404 | 7,277,347 | 2,749,854 | 2,881,236 |
The proxy may vote at the proxy's discretion | 717,825,362 | 717,595,362 | 719,728,088 | 717,595,362 | 717,595,362 | 718,629,897 | 717,595,362 |
Total votes cast on a poll in favour of the resolution | 1,057,174,045 | 1,029,458,836 | 1,039,721,668 | 1,085,323,696 | 1,263,922,340 | 231,234,126 | 458,277,672 |
Total votes cast on a poll against the resolution | 273,154,049 | 307,547,630 | 294,195,032 | 243,686,867 | 71,258,552 | 1,087,227,307 | 881,142,568 |
Total votes cast on a poll abstaining on the resolution | 13,144,764 | 6,466,392 | 9,556,158 | 12,529,404 | 7,277,347 | 2,749,854 | 2,881,236 |
Total votes exercisable by proxies which were not cast | - | - | - | - | - | - | - |
RANGE RESOURCES LIMITED
ANNUAL GENERAL MEETING - 28 NOVEMBER 2014
PROXY AND POLL VOTES
Resolution Number | Resolution 15
| Resolution 16
| Resolution 17
| Resolution 18
| Resolution 19
| Resolution 20
| Resolution 21
| Resolution 22
|
Decided by a show of hands (S) or poll (P) | P | P | P | P | P | P | P | P |
Total number of proxy votes exercisable by proxies validly appointed | 1,329,716,225 | 1,329,716,225 | 1,329,716,225 | 1,329,716,225 | 1,329,716,225 | 1,329,716,225 | 1,325,523,921 | 1,314,682,394 |
Total number of proxy votes in respect of which the appointments specified that: | 439,616,629 | 433,909,320 | 274,124,229 | 276,547,565 | 301,646,573 | 284,387,628 | 377,190,435 | 342,171,229 |
The proxy is to vote for the resolution | ||||||||
The proxy is to vote against the resolution | 169,622,998 | 175,215,309 | 327,781,829 | 326,056,614 | 293,241,498 | 299,355,989 | 198,844,310 | 227,463,945 |
The proxy is to abstain on the resolution | 2,881,236 | 2,994,109 | 8,826,805 | 9,366,020 | 17,014,792 | 28,377,246 | 31,893,814 | 27,451,858 |
The proxy may vote at the proxy's discretion | 717,595,362 | 717,597,487 | 718,983,362 | 717,746,026 | 717,813,362 | 717,595,362 | 717,595,362 | 717,595,362 |
Total votes cast on a poll in favour of the resolution | 445,429,669 | 439,724,485 | 1,006,356,580 | 1,007,542,580 | 317,965,683 | 300,488,738 | 1,097,746,716 | 1,062,727,510 |
Total votes cast on a poll against the resolution | 894,654,309 | 900,246,620 | 327,781,829 | 326,056,614 | 1,007,984,739 | 1,014,099,230 | 198,844,310 | 227,463,945 |
Total votes cast on a poll abstaining on the resolution | 2,881,236 | 2,994,109 | 8,826,805 | 9,366,020 | 17,014,792 | 28,377,246 | 42,181,884 | 37,739,928 |
Total votes exercisable by proxies which were not cast | - | - | - | - | - | - | - | - |