Result of AGM

RNS Number : 2367H

Cairn Energy PLC

15 May 2014

 



FOR IMMEDIATE RELEASE                                                                                          15 May 2014

CAIRN ENERGY PLC ("Cairn" or "the Company")

Voting Results of Annual General Meeting

1. Results of Annual General Meeting 2014

Cairn announces that at the Annual General Meeting held earlier today, all resolutions set out in the Notice of Annual General Meeting put to the Annual General Meeting were passed by the requisite majority.

Each of the resolutions put to the Annual General Meeting was voted on by way of a poll and the results are set out in the table below. Each shareholder, present in person or by proxy was entitled to one vote per share held.

RESOLUTION	FOR*	%	AGAINST	%	TOTAL	WITHHELD**
Resolution 1 Annual Report & Accounts	387,009,406	100.00	3,358	0.00	387,012,764	1,041,172
Resolution 2 Remuneration Report	384,329,738	99.30	2,692,844	0.70	387,022,582	1,031,354
Resolution 3 Remuneration Policy	379,512,480	98.06	7,495,533	1.94	387,008,013	1,045,923
Resolution 4 Re-appointment of auditor	386,394,111	99.83	655,339	0.17	387,049,450	1,004,486
Resolution 5 Auditor's remuneration	386,936,007	99.97	113,331	0.03	387,049,338	1,004,598
Resolution 6 Re-election of Ian Tyler	365,153,336	94.35	21,886,358	5.65	387,039,694	1,014,242
Resolution 7 Re-election of Todd Hunt	382,227,661	98.77	4,776,144	1.23	387,003,805	1,050,131
Resolution 8 Re-election of Iain McLaren	363,009,194	93.89	23,628,401	6.11	386,637,595	1,416,341
Resolution 9 Re-election of Alexander Berger	385,935,238	99.71	1,106,271	0.29	387,041,509	1,012,427
Resolution 10 Re-election of M.Jacqueline Sheppard	385,622,734	99.65	1,358,475	0.35	386,981,209	1,072,727
Resolution 11 Re-election of Simon Thomson	360,751,998	93.21	26,292,589	6.79	387,044,587	1,009,349
Resolution 12 Authority to allot shares	373,933,392	96.61	13,101,800	3.39	387,035,192	1,018,744
Resolution 13*** Disapplication of pre-emption rights	385,280,752	99.54	1,763,705	0.46	387,044,457	1,009,479
Resolution 14*** Authority to purchase own shares	365,058,462	94.32	21,988,030	5.68	387,046,492	1,007,444

Resolution 15*** 14 days' notice	368,589,057	95.23	18,453,498	4.77	387,042,555	1,011,381
Resolution 16 Disposal of shares in Cairn India	380,806,831	98.86	4,401,133	1.14	385,207,964	2,845,972

* Includes discretionary votes.

** A vote withheld is not a vote in law and is not counted for the purposes of the calculation of the proportion of votes 'For' and 'Against' a resolution.

*** Indicates a Special Resolution.

2. Resolutions Submitted to NSM

The Company has today submitted to the National Storage Mechanism (NSM) copies of Resolutions passed at the Annual General Meeting concerning items other than ordinary business. These documents will shortly be available for inspection at www.Hemscott.com/nsm.do.

The resolutions carried at the Annual General Meeting are set out in full in the Notice of Annual General Meeting which can be found on the Company's website at www.cairnenergy.com.

 

END

 

 

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