17 Jun 2020 12:36
PRESS RELEASE 17 June 2020
WENTWORTH RESOURCES PLC("Wentworth" or the "Company")
Result of 2020 Annual General Meeting
Wentworth Resources (AIM: WEN), the independent, East Africa-focused natural gas company, advises that at its Annual General Meeting ("AGM"), held today, all resolutions were passed.
Prior to the meeting the following proxy votes were received by the Company from Shareholders:
For | Against | Withheld | ||||
No. of shares | % of votes | No. of shares | % of votes | |||
Ordinary Resolutions
| ||||||
1 | To receive the Company's Annual Report and accounts 2019
| 79,636,522 | 91.62% | 7,284,777 | 8.38% | 3,412 |
2 | To re-appoint Katherine Roe as a director of the Company
| 86,815,688 | 99.87% | 109,023 | 0.13% | 0 |
3 | To re-appoint Iain McLaren as a director of the Company
| 86,810,321 | 99.87% | 114,390 | 0.13% | 0 |
4 | To re-appoint KPMG as auditors of the Company
| 84,300,899 | 100% | 0 | 0% | 2,623,812 |
5 | To authorise the Directors to determine the remuneration of the auditors
| 86,924,711 | 100% | 0 | 0% | 0 |
6 | To authorise the Directors to allot shares
| 69,234,090 | 79.65% | 17,690,621 | 20.35% | 0 |
Special Resolutions
| ||||||
7 | To disapply pre-emption rights in respect of the allotment of shares
| 69,225,051 | 79.64% | 17,699,660 | 20.36% | 0 |
8 | To authorise the Company to make market purchases of its own shares
| 84,304,311 | 96.99% | 2,620,400 | 3.01% | 0 |
Enquiries: Wentworth Resources |
Katherine Roe,Chief Executive Officer |
katherine.roe@wentplc.com+44 (0) 7841 087 230 |
Stifel Nicolaus Europe Limited | AIM Nominated Adviser and Joint Broker Callum StewartAshton ClanfieldSimon Mensley | +44 (0) 20 7710 7600 |
Peel Hunt LLP | Joint Broker Richard CrichtonAlexander Allen | +44 (0) 20 7418 8900 |
FTI Consulting | Communications Adviser Sara Powell Ben Brewerton | +44 (0) 20 3727 1000 |
About Wentworth Resources
Wentworth Resources plc (AIM: WEN) is a leading, domestic natural gas producer in Tanzania with a core producing asset at Mnazi Bay in the onshore Rovuma Basin in Southern Tanzania.
Inside Information
This announcement does not contain inside information.
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