30th May 2012 12:08
30 May 2012
Raven Russia Limited ("Raven Russia" or the"Company")
Result of AGM
Raven Russia announces that, at the Annual General Meeting of the Company held at 9.00 a.m. today, all resolutions put to ordinary shareholders were duly passed.
A summary of the votes lodged by proxy is as follows:
Resolution | For (see note 1) | Against (see note 1) | Number of votes withheld (see note 2) | Total Votes Cast | |||
Number of votes | % | Number of votes | % | ||||
1 | To receive the Annual Report and Accounts | 448,726,759 | 98.04 | 8,962,958 | 1.96 | 609 | 457,689,717 |
2 | To approve the Remuneration Report | 334,016,971 | 77.62 | 96,332,841 | 22.38 | 27,340,514 | 430,349,812 |
3 | To re-appoint Glyn Hirsch | 445,540,200 | 97.35 | 12,140,044 | 2.65 | 10,082 | 457,680,244 |
4 | To re-appoint Colin Smith | 454,041,499 | 99.21 | 3,637,934 | 0.79 | 10,893 | 457,679,433 |
5 | To re-appoint Stephen Coe | 423,653,501 | 94.32 | 25,523,389 | 5.68 | 8,513,436 | 449,176,890 |
6 | To re-appoint David Moore | 397,752,827 | 88.55 | 51,424,062 | 11.45 | 8,513,436 | 449,176,889 |
7 | To re-appoint Ernst & Young as auditors and authorise the directors to fix their remuneration | 448,727,162 | 100.00 | 0 | 0 | 8,963,164 | 448,727,162 |
8* | To authorise the Company to make market acquisitions of ordinary shares | 457,680,853 | 100.00 | 5,771 | 0 | 3,702 | 457,686,624 |
9* | To authorise the Company to make market acquisitions of preference shares | 457,680,853 | 100.00 | 5,771 | 0 | 3,702 | 457,686,624 |
*Special Resolution
Notes:
1. "Votes For" includes those giving the Chairman discretion and 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 ordinary shares in issue at 9.00 a.m. on 28 May 2012 was 600,649,007 ordinary shares. 76.20% of voting capital was instructed.
A copy of the resolutions passed at today's AGM are available at the National Storage Mechanism and is available for viewing online at: http://www.hemscott.com/nsm.do.
Enquiries:
Raven Russia Limited | Anton BiltonGlyn Hirsch | +44 (0) 1481 712955 |
Singer Capital Markets Limited (Joint Financial Advisor and Broker) | James MaxwellNick DonovanSamantha New
| + 44 (0) 20 3205 7500 |
Kinmont Limited (Joint Financial Advisor) | Jonathan Gray | +44 (0) 20 7087 9100
|
Cardew Group | Tim Robertson Alexandra Stoneham
| +44 (0) 207 930 0777 |
Related Shares:
RAV.L