23rd Jun 2017 07:00
23 June 2017
Petropavlovsk PLC (the "Company")
Results of Annual General Meeting
The Annual General Meeting of the Shareholders of Petropavlovsk PLC (the Company) was held on 22 June 2017 at 2.30 p.m. at 3 More London Riverside, London SE1 2AQ.
Resolutions 1-11 and Resolution 16 were duly passed on a poll. Resolutions 12 - 15 were not passed.
The table below shows the votes received for and against the Resolutions.
RESOLUTIONS | FOR | % FOR | AGAINST | % AGAINST | WITHHELD | TOTAL | |
1 | Adoption of Report and Accounts | 2,472,199,802 | 100.00 | 53,277 | 0.00 | 11,049,101 | 2,472,253,029 |
2 | Approval of Directors' Remuneration Report | 2,466,777,101 | 99.45 | 13,682,206 | 0.55 | 2,842,823 | 2,480,459,307 |
3 | Approval of Directors' Remuneration Policy | 2,392,541,301 | 96.40 | 89,330,313 | 3.60 | 1,430,516 | 2,481,871,614 |
4 | Appointment of Auditor | 2,479,698,955 | 99.93 | 1,695,371 | 0.07 | 1,907,804 | 2,481,394,326 |
5 | Remuneration of Auditor | 2,482,221,300 | 99.99 | 330,594 | 0.01 | 750,236 | 2,482,551,894 |
6 | Appointment of Mr Vladislav Egorov | 1,659,882,830 | 66.89 | 821,630,452 | 33.11 | 1,392,153 | 2,481,513,282 |
7 | Appointment of Mr Bruce M. Buck | 1,659,983,172 | 66.89 | 821,530,110 | 33.11 | 1,392,153 | 2,481,513,282 |
8 | Appointment of Mr Ian Ashby | 1,796,920,215 | 72.41 | 684,590,808 | 27.59 | 1,394,412 | 2,481,511,023 |
9 | Appointment of Mr Garrett Soden | 1,796,902,647 | 72.41 | 684,608,376 | 27.59 | 1,394,412 | 2,481,511,023 |
10 | Re-election of Dr Pavel Masvlovskiy | 2,436,360,916 | 98.21 | 44,335,770 | 1.79 | 89,353 | 2,480,696,686 |
11 | Re-election of Mr Andrey Maruta | 2,437,778,529 | 98.27 | 42,917,718 | 1.73 | 89,792 | 2,480,696,247 |
12 | Re-election of Mr Robert Jenkins | 831,151,757 | 33.50 | 1,649,542,231 | 66.50 | 92,051 | 2,480,693,988 |
13 | Re-election of Mr Alexander Green | 831,456,232 | 33.52 | 1,649,237,756 | 66.48 | 92,051 | 2,480,693,988 |
14 | Re-election of Mr Andrew Vickerman | 827,017,861 | 33.40 | 1,649,190,993 | 66.60 | 4,577,185 | 2,476,208,854 |
15 | Re-election of Mr Peter Hambro | 747,426,975 | 30.13 | 1,733,269,711 | 69.87 | 89,353 | 2,480,696,686 |
16 | Authority to allot shares | 2,178,526,926 | 87.83 | 301,766,366 | 12.17 | 1,036,330 | 2,480,293,292 |
Notes:
1. Resolutions 12 - 15 were not approved by Shareholders. In addition, the Board decided to withdraw Special Resolutions 17 and 18, with the consent of the meeting, seeking authority to allot shares for cash other than to existing shareholders. All other resolutions were passed.
2. Votes 'For' and 'Against' are expressed as a percentage of votes received.
3. A 'Vote' withheld is not a vote in law and is not counted in the calculations of the votes 'For' or 'Against' a resolution.
4. The total number of shares in issue as at 6 p.m. on 22 June 2017 was 3,303,768,532 ordinary shares with 3,281,393,974 voting rights.
5. 76.9% voting capital was instructed.
The voting figures will be displayed shortly on the Company's website at www.petropavlovsk.net.
Retirement of Directors
Messrs Peter Hambro, Robert Jenkins, Alexander Green and Andrew Vickerman were not re-elected as Directors and therefore retired from the Board on 22 June 2017.
Appointment of new directors
Messrs Ian Ashby, Bruce M. Buck, Vladislav Egorov, and Garrett Soden were appointed as Directors of the Company on 22 June 2017. A further announcement will be made by the Company in relation to these appointments.
Enquiries
Petropavlovsk PLC
Alya Samokhvalova - Deputy Chief Executive Strategic Development
Grace Hanratty
+44 (0) 20 7201 8900
Maitland
Neil Bennett
James Isola
+44 (0) 20 7379 5151
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POG.L