20th May 2015 16:28
Ophir Energy plc
Result of Annual General Meeting
London 20 May 2015: Ophir Energy plc ("Ophir" or "the Company") held its Annual General Meeting today, 20 May 2015, at Linklaters LLP, 1 Silk Street, London, EC2Y 8HQ. All resolutions were put to the meeting on a poll, the full results of which are given below.
Resolutions 1 -13 and 17 were proposed as ordinary resolutions and resolutions 14 - 16 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 2014 Annual Report & Accounts | 552,968,854 | 100.00 | 12,034 | 0.00 | 254,927 |
2 | To approve the Remuneration Report | 500,136,655 | 92.35 | 41,408,470 | 7.65 | 11,690,690 |
3 | To elect Dr William (Bill) Higgs as a Director of the Company | 552,059,216 | 99.81 | 1,032,900 | 0.19 | 143,699 |
4 | To elect Dr Carol Bell as a Director of the Company | 552,833,362 | 99.95 | 259,435 | 0.05 | 143,018 |
5 | To re-elect Nicholas Smith as a Director of the Company | 550,004,806 | 99.44 | 3,087,991 | 0.56 | 143,018 |
6 | To re-elect Dr Nicholas Cooper as a Director of the Company | 526,815,216 | 95.25 | 26,276,900 | 4.75 | 143,699 |
7 | To re-elect Ronald Blakely as a Director of the Company | 551,328,705 | 99.68 | 1,763,411 | 0.32 | 143,699 |
8 | To re-elect Alan Booth as a Director of the Company | 551,741,929 | 99.76 | 1,350,187 | 0.24 | 143,699 |
9 | To re-elect Vivien Gibney as a Director of the Company | 552,014,350 | 99.82 | 1,020,543 | 0.18 | 143,018 |
10 | To re-elect William (Bill) Schrader as a Director of the Company | 551,917,864 | 99.79 | 1,174,933 | 0.21 | 143,018 |
11 | To re-appoint Ernst & Young LLP as auditor of the Company | 532,726,569 | 96.32 | 20,366,797 | 3.68 | 142,449 |
12 | To authorise the Directors to set the auditor's remuneration | 540,367,388 | 97.70 | 12,726,072 | 2.30 | 142,355 |
13 | To give authority to allot securities | 453,947,261 | 82.07 | 99,143,920 | 17.93 | 144,634 |
14 | To give authority to allot securities for cash other than on a pre-emptive basis* | 450,445,704 | 81.88 | 99,683,126 | 18.12 | 3,106,985 |
15 | To authorise the purchase of its own shares by the Company* | 553,053,625 | 100.00 | 14,342 | 0.00 | 167,848 |
16 | To authorise the Company to call a general meeting of shareholders on not less than 14 clear days' notice* | 520,327,388 | 94.08 | 32,766,721 | 5.92 | 141,706 |
17 | To authorise political donations | 552,658,061 | 99.93 | 381,709 | 0.07 | 196,045 |
* Special Resolution
As at the date of the AGM, the Company had 746,019,407 ordinary shares in issue. The Company holds shares in treasury and therefore the number of total voting rights as at the date of the AGM was 705,225,122. In accordance with the Company's Articles of Association, every member who is present in person or by proxy has one vote for every share held. The scrutineer of the poll was Equiniti Registrars, 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 13-17) will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.Hemscott.com/nsm.do
Lyndon Powell did not stand for re-election as a Director, and retired from the Board with effect from the conclusion of the AGM. In accordance with section 430(2B) of the Companies Act 2006, the Company confirms that Lyndon Powell will receive payment of fees for service whilst a Director but no other remuneration payment or payment for loss of office will be made in connection with his departure.
Ends
For Further Information please contact:
Ophir Energy plc +44 (0)20 7811 2400
Chandrika Kher, Company Secretary
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 a large portfolio of assets across Africa and Asia. 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), Nairobi (Kenya), Bangkok (Thailand), Jakarta (Indonesia), Kuala Lumpur (Malaysia), Yangon (Myanmar) and Singapore. For further information on Ophir, please refer to www.ophir-energy.com
Related Shares:
OPHR.L