21st May 2014 18:26
Ophir Energy plc
Result of Annual General Meeting
London 21 May 2014: Ophir Energy plc ("Ophir" or "the Company") held its Annual General Meeting today, 21 May 2014, at PricewaterhouseCoopers LLP, 7 More London Riverside, London SE1 2RT. All resolutions were put to the meeting on a poll, the full results of which are given below.
Resolutions 1-15 and 19 were proposed as ordinary resolutions and resolutions 16-18 were proposed as special resolutions. A poll was conducted on all resolutions put to the meeting, the full results of which are set out below.
Resolutions | Votes For | Votes Against | Votes Withheld | |||
Number | % | Number | % | |||
1 | To receive the Annual Report & Accounts | 472,815,587 | 99.92% | 381,502 | 0.08% | 1,515,725 |
2 | To approve the Directors' Remuneration Policy | 456,876,201 | 98.90% | 5,086,177 | 1.10% | 12,723,236 |
3 | To approve the Annual Statement of the Chairman of the Remuneration Committee | 291,360,855 | 74.22% | 101,222,579 | 25.78% | 41,571,185 |
4 | To elect Vivien Gibney as a Director | 474,327,830 | 99.92% | 384,143 | 0.08% | 841 |
5 | To re- elect Nicholas Smith as a Director | 471,031,223 | 99.22% | 3,679,623 | 0.78% | 1,968 |
6 | To re-elect Dr Nicholas Cooper as a Director | 453,517,666 | 95.54% | 21,193,460 | 4.46% | 1,688 |
7 | To re-elect Lisa Mitchell as a Director | 474,246,671 | 99.90% | 463,455 | 0.10% | 2,688 |
8 | To re-elect Dennis McShane as a Director | 474,251,339 | 99.90% | 459,787 | 0.10% | 1,688 |
9 | To re-elect Ronald Blakely as a Director | 473,832,349 | 99.81% | 878,497 | 0.19% | 1,968 |
10 | To re-elect Alan Booth as a Director | 473,829,129 | 99.81% | 881,997 | 0.19% | 1,688 |
11 | To re-elect Lyndon Powell as a Director | 474,051,394 | 99.86% | 659,732 | 0.14% | 1,688 |
12 | To re-elect William (Bill) Schrader as a Director | 474,109,478 | 99.87% | 601,648 | 0.13% | 1,688 |
13 | To re-appoint the Auditor | 462,209,543 | 97.37% | 12,502,310 | 2.63% | 961 |
14 | To authorise the Directors to set the remuneration of the Auditor | 463,740,301 | 97.69% | 10,971,832 | 2.31% | 681 |
15 | To give authority to allot securities | 409,482,904 | 86.26% | 65,229,910 | 13.74% | 0 |
16 | To give authority to allot securities for cash other than on a pre-emptive basis* | 434,227,031 | 91.47% | 40,483,595 | 8.53% | 1,188 |
17 | To authorise the purchase of its own shares by the Company* | 474,587,593 | 99.97% | 125,221 | 0.03% | 0 |
18 | To authorise the Company to call a general meeting of shareholders on not less than 14 days' clear notice* | 435,195,946 | 91.68% | 39,516,868 | 8.32% | 0 |
19 | To authorise political donations | 474,352,928 | 99.92% | 359,376 | 0.08% | 510 |
* Special Resolution
As at the date of the AGM, the Company had 592,071,149 ordinary shares in issue. The Company did not hold any shares in treasury and therefore the number of total voting rights as at the date of the AGM was 592,071,149. In accordance with the Company's Articles of Association, on a poll every member who is present in person or by proxy has one vote for every share held. The scrutineer of the poll was Capita Asset Services, the Company's Share Registrar.
Note that a "vote withheld" is not a vote in law and have not been included in the calculation of votes "for" and "against" each resolution. Proxy appointments which gave discretion to the Chairman have been included in the "for" total.
In accordance with Listing Rule 9.6.2, copies of the resolutions which constitute special business at the AGM (being resolutions 16-18) will shortly be submitted to the National Storage Mechanism and will be available for inspection at http://www.morningstar.co.uk/uk/NSM
Ends
For Further Enquiries please contact:
Ophir Energy plc +44 (0)20 7811 2400
Nick Cooper, CEO
Chandrika Kher, Company Secretary
Brunswick Group +44 (0)20 7404 5959
Patrick Handley
Elizabeth Adams
Notes to Editors
Ophir Energy (OPHR.LN) is an upstream oil and gas exploration company which is listed on the London Stock Exchange (FTSE 250). Ophir has an extensive deepwater acreage position in West and East Africa acquired since its foundation in 2004.
The Group's headquarters are located in London (England), with operational offices in Perth (Australia), Dar es Salaam and Mtwara (Tanzania), Malabo (Equatorial Guinea), Libreville (Gabon) and Nairobi (Kenya)
For further information on Ophir, please refer to www.ophir-energy.com
Related Shares:
OPHR.L