Result of AGM

RNS Number : 1149Y

Cairn Energy PLC

12 May 2016

 

FOR IMMEDIATE RELEASE                                                                                          12 May 2016

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

Voting Results of Annual General Meeting

1. Results of Annual General Meeting 2016

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	454,387,023	99.94	273,127	0.06	454,660,150	436,913
Resolution 2 Remuneration Report	423,241,645	98.80	5,138,296	1.20	428,379,941	26,717,122
Resolution 3 Re-appointment of auditor	454,055,212	99.77	1,040,199	0.23	455,095,411	1,652
Resolution 4 Auditor's remuneration	455,053,763	99.99	41,396	0.01	455,095,159	1,904
Resolution 5 Re-election of Ian Tyler	449,521,048	98.79	5,499,204	1.21	455,020,252	76,811
Resolution 6 Re-election of Todd Hunt	452,552,893	99.44	2,535,505	0.56	455,088,398	8,665
Resolution 7 Re-election of Iain McLaren	451,595,969	99.23	3,491,253	0.77	455,087,222	9,841
Resolution 8 Re-election of Alexander Berger	455,033,148	99.99	55,239	0.01	455,088,387	8,676
Resolution 9 Re-election of Jackie Sheppard	455,030,588	99.99	56,964	0.01	455,087,552	9,511
Resolution 10 Re-election of Keith Lough	454,507,033	99.87	568,848	0.13	455,075,881	21,182
Resolution 11 Re-election of Peter Kallos	454,519,261	99.88	568,427	0.12	455,087,688	9,375
Resolution 12 Re-election of Simon Thomson	440,490,293	96.79	14,598,105	3.21	455,088,398	8,665
Resolution 13 Re-election of James Smith	454,490,797	99.87	585,783	0.13	455,076,580	20,483

Resolution 14 Authority to allot shares	452,460,120	99.63	1,697,917	0.37	454,158,037	939,026
Resolution 15*** Disapplication of pre-emption rights	455,009,217	99.98	76,884	0.02	455,086,101	10,962
Resolution 16*** Authority to purchase own shares	448,775,014	98.61	6,312,716	1.39	455,087,730	9,333
Resolution 17*** 14 days' notice of general meetings	439,391,212	96.55	15,697,036	3.45	455,088,248	8,815
Resolution 18 Disposal of shares in Cairn India	452,994,901	99.99	28,303	0.01	453,023,204	2,073,859

* 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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