28th Nov 2011 08:29
28 November 2011
Jupiter Energy Limited
RESULTS OF ANNUAL GENERAL MEETING
In accordance with Listing Rule 3.13.2 the directors advise that the resolutions put to shareholders were carried at the Annual General Meeting of the Company held earlier today.
The resolutions carried were: -
1. "That, for the purpose of Section 250R(2) of the Corporations Act and for all other purposes, approval is given for the adoption of the Remuneration Report as contained in the Company's annual financial report for the financial year ended 30 June 2011."
2. "That, for the purpose of clause 13.2 of the Constitution and for all other purposes, Baltabek Kuandykov, a Director, retires by rotation, and being eligible, is re-elected as a Director."
3. "That, for the purpose of ASX Listing Rule 7.1 and for all other purposes, approval is given for the Directors to allot and issue Shares raising up to a total of $55,000,000 on the terms and conditions set out in the Explanatory Statement."
4. "That, for the purposes of Section 200E of the Corporations Act, ASX Listing Rule 7.1 and for all other purposes, Shareholders approve the giving of benefits to Mr Erkin Svanbayev (or his nominee) in connection with his retirement from his position at the Company and authorise the Directors to allot and issue up to 266,667 Shares to Erkin Svanbayev (or his nominee) on the terms and conditions set out in the Explanatory Statement."
5. "That, for the purpose of Section 136(2) of the Corporations Act and for all other purposes, approval is given for the Company to repeal its existing Constitution and adopt a new constitution in its place in the form as signed by the chairman of the Meeting for identification purposes."
A summary of proxy votes in relation to the resolutions passed is attached.
SCOTT MISON
Company Secretary
Enquiries:
Jupiter Energy (+61 89 322 8222 or [email protected])
Geoff Gander
Evolution Securities (+44 (0)207 071 4300)
Chris Sim
Stuart Andrews
Neil Elliot
Media enquiries
Allerton Communications (+44 (0)20 3137 2500 or [email protected])
Peter Curtain
ANNUAL GENERAL MEETING - 28 NOVEMBER 2011
DISCLOSURE OF PROXY VOTES
In accordance with section 251AA of the Corporations Law, the following information is provided to Australian Stock Exchange Limited in relation to resolutions passed by members of Jupiter Energy Limited at its Annual General Meeting held on 28 November 2011.
Resolution Number | Resolution Number | Resolution Number | Resolution Number | Resolution Number | |
1 | 2 | 3 | 4 | 5 | |
Decided by show of hands (S) or poll (P)
| S | S | S | S |
S |
Total number of proxy votes exercisable by proxies validly appointed
| 48,369,528 | 51,443,509 | 51,443,509 | 51,443,509 | 51,443,509 |
Total number of proxy votes in respect of which the appointments specified that:- | |||||
- the proxy is to vote for the resolution | 47,082,789 | 50,896,429 | 50,803,529 | 50,544,130 | 50,616,559 |
- the proxy is to vote against the resolution | 406,711 | 107,414 | 209,691 | 482,424 | 134,280 |
- the proxy is open on the resolution | 51,297 | 353,363 | 374,365 | 374,365 | 374,365 |
- the proxy is to abstain on the resolution | 828,731 | 86,303 | 55,924 | 42,590 | 318,305 |
- the proxy may vote at the proxy's discretion | Nil | Nil | Nil | Nil | Nil |
Note: Resolution numbers in this table refer to the numbering in this announcement to Australian Stock
Exchange Limited and necessarily not the numbering in the notice of meeting.
ENDS
Related Shares:
Jupiter Energy