13th Jun 2012 13:30
13th June, 2012
President Petroleum Company PLC
Result of AGM
President Petroleum (AIM: PPC) is pleased to announce that all resolutions put to shareholders at the Company's AGM held earlier today were duly passed.
Percentage of votes received in favour of the resolution | ||
Resolution 1
| Reports of the Directors and auditors and the financial statements | 100.0% |
Resolution 2
| Reappointment of Deloitte LLP as auditor and fixing their remuneration | 99.9% |
Resolution 3
| Election of Peter Levine as a Director | 99.2% |
Resolution 4
| Election of Dr David Jenkins as a Director | 99.9% |
Resolution 5
| Re-election of John Hamilton as a Director retiring by rotation | 99.2% |
Resolution 6
| Re-election of David Wake-Walker as a Director retiring by rotation | 99.2% |
Resolution 7
| To authorise the Company to allot shares or grant rights to subscribe for or convert securities into shares up to an aggregate nominal amount of £428,540 | 99.9% |
Resolution 8
| To dis-apply statutory pre-emption rights in respect of the allotment of shares for cash up to an aggregate nominal amount of £321,405 | 94.8% |
- Ends -
For further information please contact:
For further information contact:
President Petroleum Company
John Hamilton, Director +44 (0) 207 811 0140
Ben Wilkinson, Finance Director +44 (0) 207 811 0140
RBC Capital Markets
Jeremy Low, Stephen Foss, Matthew Coakes +44 (0) 207 653 4000
Jefferies Hoare Govett
Simon Hardy, Max Jones +44 (0) 207 029 8316
Pelham Bell Pottinger +44 (0) 207 861 3232
James Henderson, Mark Antelme
Related Shares:
PPC.L