12th May 2010 16:14
Tullow Oil plc
12 May 2010
TULLOW OIL plc ('Tullow')
RESOLUTIONS PASSED AT THE 2010 ANNUAL GENERAL MEETING
Tullow announces that at its Annual General Meeting (the 'Meeting') held earlier today, all resolutions set out in the Notice of Meeting put to the Meeting were passed by the required majority. Each of the resolutions was voted on by way of a poll and the results are set out below:
|
|
Resolution |
|
For |
% |
|
Against |
% |
|
Votes Withheld |
|
1 |
Receive and adopt the annual accounts and associated reports |
|
568,940,544 |
99.92 |
|
469,622 |
0.08 |
|
1,351,732 |
|
2 |
Declare a final dividend of 4.0p per ordinary share |
|
569,404,349 |
99.96 |
|
252,514 |
0.04 |
|
1,105,563 |
|
3 |
Receive and approve the Directors' Remuneration Report |
|
521,635,415 |
91.51 |
|
48,367,563 |
8.49 |
|
758,319 |
|
4 |
Re-elect Aidan Heavey as a Director |
|
555,273,156 |
97.93 |
|
11,724,960 |
2.07 |
|
3,764,310 |
|
5 |
Re-elect Angus McCoss as a Director |
|
561,947,057 |
99.11 |
|
5,052,156 |
0.89 |
|
3,763,213 |
|
6 |
Re-elect David Williams as a Director |
|
566,047,994 |
99.37 |
|
3,587,516 |
0.63 |
|
1,126,916 |
|
7 |
Re-elect Pat Plunkett as a Director |
|
470,178,509 |
97.43 |
|
12,418,481 |
2.57 |
|
88,165,435 |
|
8 |
Re-appoint Deloitte LLP and authorise the Directors to determine their remuneration |
|
559,008,920 |
98.88 |
|
6,347,276 |
1.12 |
|
5,406,229 |
|
9 |
Renew Directors' authority to allot shares |
|
560,796,178 |
99.28 |
|
4,047,001 |
0.72 |
|
5,919,246 |
|
10 |
Dis-apply statutory pre-emption rights* |
|
568,706,140 |
99.84 |
|
891,280 |
0.16 |
|
1,164,966 |
|
11 |
Authorise the Company to hold general meetings on no less than 14 clear days' notice* |
|
540,216,926 |
94.90 |
|
29,046,048 |
5.10 |
|
1,499,452 |
|
12 |
Adopt new articles of association of the Company* |
|
567,848,689 |
99.70 |
|
1,726,961 |
0.30 |
|
1,185,648 |
|
13 |
Approve the Tullow Oil 2010 Share Option Plan |
|
553,709,213 |
98.00 |
|
11,312,443 |
2.00 |
|
5,738,595 |
Notes:
* Special resolution
1. Proxy appointments which gave discretion to the Chairman of the Meeting have been included in the 'For' total.
2. A 'Vote Withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution.
3. The number of shares in issue at the date of the Meeting was 886,860,100.
Two copies of the resolutions passed at the Meeting concerning items other than the ordinary business transacted at the Meeting will be submitted to the UK Listing Authority and will shortly be available for inspection at the Document Viewing Facilities of the UK Listing Authority which is situated at:
The Financial Services Authority
25 North Colonnade
Canary Wharf
London E14 5HS
END
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