7th Jun 2010 16:50
Afren plc (AFR)
Results of Annual General Meeting (AGM)
Following the Annual General Meeting held on 7 June 2010, Afren is pleased to announce the results of the vote for each resolution as follows. All resolutions apart from resolution 2 were duly passed by a show of hands. Resolution 2 was passed on poll. Resolutions 10, 11 and 12 were passed as special resolutions.
A breakdown of the proxies lodged prior to the AGM in respect of all resolutions other than resolution 2, and a breakdown of the votes cast on the poll on resolution 2 are summarized below.
|
|
For |
% of votes cast |
Against |
% of votes cast |
Votes Withheld |
|
Resolution 1 To approve the accounts and reports for the year ended 31 December 2009 |
473,395,179 |
99.11 |
4,253,539 |
0.89 |
1,659,700 |
|
Resolution 2 To approve the Director's Remuneration Report for the year ended 31 December 2009 |
195,277,201 |
50.48 |
191,592,168 |
49.52 |
96,184,329 |
|
Resolution 3 To re-elect Mr. Constantine Ogunbiyi as a director |
455,183,447 |
98.67 |
6,135,674 |
1.33 |
17,989,297 |
|
Resolution 4 To re-elect Mr. John St John as a director |
257,690,198 |
74.25 |
89,362,143 |
25.75 |
132,256,077 |
|
Resolution 5 To elect Mr. Toby Hayward as a director |
332,078,490 |
96.85 |
10,788,423 |
3.15 |
136,441,505 |
|
Resolution 6 To elect Mr. Ennio Sganzerla as a director |
325,057,859 |
93.66 |
21,994,482 |
6.34 |
132,256,077 |
|
Resolution 7 To elect Mr. Darra Comyn as a director |
453,572,277 |
98.67 |
6,135,423 |
1.33 |
19,600,718 |
|
Resolution 8 To re-appoint Deloitte LLP as auditors |
454,826,444 |
95.59 |
20,997,592 |
4.41 |
3,484,382 |
|
Resolution 9 To authorize directors to allot relevant securities |
462,505,296 |
97.90 |
9,922,184 |
2.1 |
6,880,938 |
|
Resolution 10 To authorize directors for disapplication of pre-emption rights |
473,564,284 |
99.15 |
4,069,502 |
0.85 |
1,674,632 |
|
Resolution 11 To authorize Afren to make market purchases |
473,690,703 |
99.17 |
3,957,000 |
0.83 |
1,660,715 |
|
Resolution 12 To permit the 14 days notice to call general meetings |
463,612,789 |
97.06 |
14,031,929 |
2.94 |
1,663,700 |
Notes
1. Any proxy arrangements which gave discretion to the Chairman have been included in the "for" totals.
2. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.
3. The total number of votes cast by proxy was 477,736,752.
4. The issued share capital of Afren as at 7 June 2010 is 891,020,278 ordinary shares.
5. All percentages are shown to two decimal points.
In accordance with Listing Rule 9.6.18, copies of resolutions 9 , 10, 11 and 12 will shortly be available for inspection at the Financial Services Authority's Document Viewing Facility which is situated at: the Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS (telephone 020 7066 1000).
Details of the proxy votes received will also shortly be available for viewing on the company's website at www.afren.com.
Enquiries:
|
Afren plc |
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+44 20 7451 9700 |
|
Osman Shahenshah |
|
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Galib Virani
|
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Pelham Bell Pottinger |
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+44 20 7337 1500 |
|
James Henderson |
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|
Mark Antelme
|
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|
Finsbury |
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+44 20 7251 3801 |
|
Roland Rudd |
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Andrew Mitchell |
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