29 Jun 2020 12:35
29 June 2020
Victoria Oil & Gas Plc
("VOG" or "the Company")
Result of Annual General Meeting ("AGM")
Victoria Oil and Gas Plc, is pleased to announce that, at the AGM of the Company held this morning, all of the resolutions that were proposed in the Notice of Annual General Meeting dated 2 June 2020, were duly passed.
A poll was held on each of the resolutions and was passed by the required majority. Resolutions 1 to 5 were passed as ordinary resolutions, Resolution 6 was passed as a special resolution. The results of the poll were as follows:
RESOLUTIONS | VOTESFOR | % | VOTESAGAINST | % | VOTESTOTAL | VOTESWITHHELD |
1. To elect Roy Kelly as a Director of the Company | 21,252,388 | 99.44 | 119,031 | 0.56 | 21,371,419 | 25,488 |
2. To elect Robert Collins as a Director of the Company. | 21,238,837 | 99.45 | 118,169 | 0.55 | 21,357,006 | 39,901 |
3. To re-elect Roger Kennedy as a Director of the Company. | 21,033,506 | 98.49 | 323,336 | 1.51 | 21,356,842 | 40,065 |
4. To re-appoint Deloitte Ireland LLP as Auditors of the Company and to authorise the Directors to fix their remuneration | 21,242,117 | 99.47 | 112,686 | 0.53 | 21,354,803 | 42,104 |
5. To authorise the Directors to allot equity securities in accordance with the limitations set out in the Notice of Meeting. | 20,937,614 | 98.96 | 219,743 | 1.04 | 21,157,357 | 239,550 |
6. To empower the Directors to allot equity securities for cash and exclude the application of pre-emption rights in accordance with the limitations set out in the Notice of Meeting. | 20,681,358 |
97.94 | 434,544 | 2.06 | 21,115,902 | 281,005 |
As at the date of the AGM, the number of issued ordinary shares of the Company was 256,861,796 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions. In accordance with the Company's Articles of Association, on a poll every member has one vote for every share held. Votes withheld are not votes in law and have not been counted in the calculation of the proportion of vote "for" or "against" a resolution. Proxy appointments which gave discretion to the Chairman have been included in the "for" total.
The full text of the resolutions is set out in the Notice of the Annual General Meeting, copies of which is available on the Company's website https://www.victoriaoilandgas.com/investor-relations/shareholder-meetings.
The poll results will also be posted on the Company's website.
For further information, please visit www.victoriaoilandgas.com or contact:
Victoria Oil & Gas Plc
Roy Kelly Tel: +44 (0) 20 7921 8820
Kate Baldwin
Strand Hanson Limited (Nominated and Financial Adviser)
Rory Murphy / James Dance / Jack Botros Tel: +44 (0) 20 7409 3494
Shore Capital Stockbrokers Limited (Joint Broker)
Mark Percy / Toby Gibbs (corporate advisory) Tel: +44 (0) 207 408 4090
Jerry Keen (corporate broking)
Camarco (Financial PR)
Billy Clegg Tel: +44 (0) 203 757 4983
Nick Hennis Tel: +44 (0) 203 781 8330