26 Jun 2019 11:29
Results of 2019 Annual General Meeting
| PRESS RELEASE | 26 June 2019 |
WENTWORTH RESOURCES PLC ("Wentworth" or the "Company")
Result of 2019 Annual General Meeting
Wentworth, the AIM (AIM: WEN) listed independent, East Africa-focused oil & gas company advises that at its 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 2018 | 93,287,950 | 100 | 0 | 0 | 0 |
| 2 | To re-appoint Robert McBean as a director of the Company | 90,667,550 | 97.19 | 2,620,400 | 2.81 | 0 |
| 3 | To re-appoint John Bentley as a director of the Company | 89,591,277 | 96.04 | 3,696,673 | 3.96 | 0 |
| 4 | To re-appoint Eskil Jersing as a director of the Company | 93,287,950 | 100 | 0 | 0 | 0 |
| 5 | To re-appoint Katherine Roe as a director of the Company | 92,211,677 | 98.85 | 1,076,273 | 1.15 | 0 |
| 6 | To re-appoint Tim Bushell as a director of the Company | 93,287,950 | 100 | 0 | 0 | 0 |
| 7 | To re-appoint Iain McLaren as a director of the Company | 93,287,950 | 100 | 0 | 0 | 0 |
| 8 | To re-appoint KPMG as auditors of the Company | 90,667,550 | 100 | 0 | 0 | 2,620,400 |
| 9 | To authorise the Directors to determine the remuneration of the auditors | 83,589,853 | 89.60 | 9,698,097 | 10.4 | 0 |
| 10 | To authorise the Directors to allot shares | 75,729,352 | 81.18 | 17,558,598 | 18.82 | 0 |
| Special Resolutions | ||||||
| 11 | To disapply pre-emption rights in respect of the allotment of shares | 75,729,352 | 100 | 0 | 0 | 17,558,598 |
| 12 | To disapply pre-emption rights in respect of the allotment of shares in additional limited circumstances | 73,108,952 | 78.37 | 20,178,998 | 21.63 | 0 |
| 13 | To authorise the Company to make market purchases of its own shares | 90,667,550 | 97.19 | 2,620,400 | 2.81 | 0 |
*NB percentage of votes cast excludes votes withheld
-Ends-
| Enquiries: Wentworth | Eskil Jersing,Chief Executive Officer Katherine Roe,Chief Financial Officer | eskil.jersing@wentplc.com+44 7717 847623 katherine.roe@wentplc.com+44 7841 087230 |
| Stifel Nicolaus Europe Limited | AIM Nominated Adviser and Broker Callum Stewart Ashton ClanfieldSimon Mensley | +44 (0) 20 7710 7600 |
| Peel Hunt LLP | Broker (UK) Richard Crichton Ross Allister | +44 (0) 20 7418 8900 |
| Vigo | Investor Relations Adviser (UK) Patrick d’AnconaChris McMahon | +44 (0) 20 7390 0230 |
About Wentworth Resources
Wentworth Resources is a publicly traded ( AIM: WEN), independent oil & gas company with natural gas production, exploration and appraisal opportunities in the onshore Rovuma Delta Basin of coastal southern Tanzania.
Inside Information
This announcement does not contain inside information.
Attachment
RNS re result of AGM - Final