Result of AGM

RNS Number : 1604O

Cairn Energy PLC

15 May 2018

 

FOR IMMEDIATE RELEASE                                                                                          15 May 2018

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

Voting Results of Annual General Meeting

1. Results of Annual General Meeting 2018

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	486,136,633	99.95	265,916	0.05	486,402,549	90,654
Resolution 2 Remuneration Policy	476,850,997	98.36	7,973,545	1.64	484,824,542	1,668,660
Resolution 3 Re-appointment of auditor	479,371,452	99.16	4,045,795	0.84	483,417,247	3,075,954
Resolution 4 Auditor's remuneration	483,716,581	99.43	2,765,552	0.57	486,482,133	11,070
Resolution 5 Re-election of Ian Tyler	442,855,527	93.59	30,348,114	6.41	473,203,641	13,289,560
Resolution 6 Re-election of Todd Hunt	478,530,264	98.37	7,941,240	1.63	486,471,504	21,699
Resolution 7 Re-election of Alexander Berger	479,509,865	98.57	6,973,426	1.43	486,483,291	9,912
Resolution 8 Re-election of Jackie Sheppard	479,510,774	98.57	6,973,400	1.43	486,484,174	9,029
Resolution 9 Re-election of Keith Lough	477,898,193	98.24	8,572,346	1.76	486,470,539	22,664
Resolution 10 Re-election of Peter Kallos	479,205,530	98.50	7,276,827	1.50	486,482,357	10,846
Resolution 11 Re-election of Nicoletta Giadrossi	474,574,334	97.55	11,907,708	2.45	486,482,042	11,161
Resolution 12 Re-election of Simon Thomson	477,204,834	98.09	9,277,846	1.91	486,482,680	10,523
Resolution 13 Re-election of James Smith	478,617,918	98.39	7,849,360	1.61	486,467,278	23,944

Resolution 14 Authority to allot shares	474,363,154	97.51	12,122,410	2.49	486,485,564	6,359
Resolution 15*** Disapplication of pre-emption rights	486,377,589	99.98	90,530	0.02	486,468,119	25,084
Resolution 16*** Disapplication of pre-emption rights	476,910,512	98.04	9,552,825	1.96	486,463,337	29,865
Resolution 17*** Authority to purchase own shares	480,001,040	98.68	6,433,969	1.32	486,435,009	58,193
Resolution 18*** 14 days' notice of general meetings	469,285,793	96.46	17,204,838	3.54	486,490,631	2,572
Resolution 19 Disposal of shares in Vedanta Limited	486,391,443	99.99	35,348	0.01	486,426,791	66,412

* 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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