16th May 2011 16:11
RAVEN RUSSIA LIMITED
("Raven Russia" or the "Company")
Result of AGM
The Board of Raven Russia is pleased to announce that all resolutions were duly passed at today's AGM.
A summary of the votes received by the Company is as follows:
Resolution | For (see note 1) | Against (see note 1) | Number of votes withheld (see note 2) | Total Votes Cast | |||
No. of shares | % | No. of shares | % | ||||
1 | To receive the Annual Report and Accounts | 414,889,762 | 99.9 | 409,533 | 0.1 | 7,007,797 | 415,299,295 |
2 | To approve the Remuneration report | 385,665,625 | 96.85 | 12,559,987 | 3.15 | 24,081,480 | 398,225,612 |
3 | To re-appoint Anton Bilton | 397,361,358 | 96.99 | 12,336,276 | 3.01 | 28,701 | 409,697,634 |
4 | To re-appoint Mark Sinclair | 418,563,911 | 99.12 | 3,714,480 | 0.88 | 28,701 | 422,278,391 |
5 | To re-appoint Ernst & Young as auditors and authorised the directors to fix their remuneration | 421,295,845 | 99.86 | 573,013 | 0.14 | 438,234 | 421,868,858 |
6 |
To declare a final dividend of 1p per ordinary share | 422,278,391 | 100 | 0 | 0 | 28,701 | 422,278,391 |
7* | To authorise the Company to make market acquisitions of ordinary shares | 345,141,090 | 81.86 | 76,498,025 | 18.14 | 667,977 | 421,639,115 |
8* | To authorise the Company to make market acquisitions of preference shares | 422,268,731 | 100 | 5,578 | 0 | 32,783 | 422,274,309 |
9* |
That clause (c) of the resolution 1 passed at the extraordinary general meeting on 24 March 2009 be amended as outlined within the notice of meeting | 368,418,376 | 87.25 | 53,856,352 | 12.75 | 32,364 | 422,274,728 |
10* |
To amend the articles as outlined within the notice of meeting | 361,135,655 | 99.41 | 2,137,981 | 0.59 | 59,033,456 | 363,273,636 |
*Special Resolution
Payment of the final dividend of 1p per ordinary share will be made on 24 June 2011. The record date for this payment is 27 May 2011 with an ex-dividend date of 25 May 2011.
In accordance with LR9.6.2, a copy of the resolutions passed at today's AGM has been submitted to the National Storage Mechanism.
Notes:
1 Votes "For" and "Against" are expressed as a percentage of votes received.
2 A "Vote Withheld" is not a vote in law and is not counted in the calculation of the votes "For" and "Against" a resolution.
3 Total number of shares in issue at 10am on the 14 May 2011 is 530,932,152 shares. 79.54% of voting capital was instructed.
Enquiries
Raven Russia Limited Tel: + 44 (0) 1481 712955
Anton Bilton
Glyn Hirsch
Cardew Group Tel: + 44 (0) 207 930 0777
Tim Robertson
Alexandra Stoneham
Singer Capital Markets Limited (NOMAD) Tel: +44 (0) 203 205 7500
Corporate Finance- James Maxwell
Sales - Alan Geeves / James Waterlow
Matrix Corporate Capital LLP Tel: +44 (0) 203 206 7000
Corporate Finance - Malcolm Le May / Roger Clarke
Sales- Carl Gough
Related Shares:
RAV.L