2nd Sep 2014 10:34
For immediate release 2 September 2014
Energy Assets Group plc
("Energy Assets" the "Company" or the "Group")
Results of the AGM
Energy Assets Group plc (LSE: EAS.L), the largest independent provider of industrial and commercial (I&C) gas metering services in the UK[1], held its Annual General Meeting today at 9.30am. At this meeting all of the resolutions set out in the Notice of the AGM were approved by the shareholders.
Details of the proxy votes lodged by 9.30am on Friday 29 August, being 48 hours in advance of the meeting (excluding non working days) are outlined below:
Resolution | Total Votes For | Total Votes Against | Total Votes Withheld |
1) To receive and adopt the Annual Report and Accounts for the year ended 31 March 2014 | 3,694,663 | - | - |
2) To re-elect Christopher Masters as a Director | 3,694,663 | - | - |
3) To re-elect Philip Bellamy-Lee as a Director | 3,694,663 | - | - |
4) To re-elect Russell Gibson as a Director | 3,694,663 | - | - |
5) To re-elect John McMorrow as a Director | 3,694,663 | - | - |
6) To re-elect David MacFarlane as a Director | 3,694,663 | - | - |
7) To re-elect Matthew Booth as a Director | 3,694,663 | - | - |
8) To re-elect David Goldie as a Director | 3,694,663 | - | - |
9) To re-appoint PricewaterhouseCoopers LLP as auditors and authorise the Directors to fix their remuneration | 3,694,663 | - | - |
10) To approve the Directors' Remuneration Policy contained in the Directors' Remuneration Report for the financial year ended 31 March 2014 | 3,694,663 | - | - |
11) To approve the Directors' Remuneration Report for the year ended 31 March 2014 | 3,694,663 | - | - |
12) To grant to the Directors authority to allot shares pursuant to section 551 of the Companies Act 2006 | 3,694,663 | - | - |
13) To authorise the Directors to disapply pre-emption rights pursuant to section 570 and 573 of the Companies Act 2006 | 3,694,663 | - | - |
14) To approve general meetings (other than annual general meetings) to be held on less than 21 days notice | 3,694,622 | 41 | - |
15) To authorise the purchase by the Company of up to 10% of its own shares | 3,693,897 | 766 | - |
The total number of shares in issue on 29 August 2014 was 27,307,621.
The total number of proxy votes cast was 3,694,663.
Under Listing Rule 12.4.5, and following the passing of resolution 15, the Company has the authority to make market purchases of up to 10% of its issued ordinary share capital.
A copy of this statement will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.
[1]by number of meters owned and managed
Enquiries
For further information visit www.energyassets.co.uk or contact:
Energy Assets Group plc |
|
Phil Bellamy-Lee / John McMorrow | Tel: +44 (0)1506 405 405 |
|
|
Buchanan |
|
Richard Darby / Clare Akhurst / Louise Mason | Tel: +44 (0)20 7466 5000 |
|
|
Numis Securities Limited |
|
Charlie Farquhar / Stuart Skinner | Tel: +44 (0)20 7260 1000 |
|
|
Macquarie Capital (Europe) Limited |
|
Steve Baldwin / Ken Fleming | Tel: +44 (0)20 3037 2000 |
Notes to Editors:
Energy Assets provides gas metering and related services in the I&C segment of the UK gas market and is the largest independent provider of I&C gas metering services in the UK, by number of assets owned and managed. The Group offers gas suppliers and end-user consumers of gas a broad spectrum of metering services from the provision and management of new and replacement meters through its MAM Services division to the procurement and project management of related gas infrastructure works and the collection and provision of gas consumption data through the Group's Siteworks and AMR divisions.
Energy Assets is listed on the Main Market of the London Stock Exchange.
Related Shares:
EAS.L