Result of AGM

RNS Number : 9447M

Cairn Energy PLC

14 May 2020

 

FOR IMMEDIATE RELEASE  14 May 2020

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

Voting Results of Annual General Meeting

1. Results of Annual General Meeting 2020

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	448,914,692	100.00%	6,469	0.00%	448,921,161	434,457
Resolution 2 Remuneration report	409,788,514	91.20%	39,547,428	8.80%	449,335,942	19,676
Resolution 3 Remuneration policy	417,923,175	93.01%	31,405,942	6.99%	449,329,117	26,501
Resolution 4 Re-appointment of auditor	444,794,601	99.98%	86,294	0.02%	444,880,895	4,474,723
Resolution 5 Auditor's remuneration	449,199,331	99.97%	144,292	0.03%	449,343,623	11,995
Resolution 6 Re-election of Ian Tyler	427,188,082	97.78%	9,701,760	2.22%	436,889,842	12,465,776
Resolution 7 Re-election of Keith Lough	448,214,897	99.75%	1,108,837	0.25%	449,323,734	31,884
Resolution 8 Re-election of Peter Kallos	448,262,366	99.76%	1,073,175	0.24%	449,335,541	20,077
Resolution 9 Re-election of Nicoletta Giadrossi	423,390,513	94.23%	25,944,182	5.77%	449,334,695	20,923
Resolution 10 Re-election of Alison Wood	448,583,580	99.83%	748,439	0.17%	449,332,019	23,599
Resolution 11 Re-election of Catherine Krajicek	448,561,752	99.83%	773,800	0.17%	449,335,552	20,066
Resolution 12 Re-election of Simon Thomson	445,705,749	99.19%	3,629,803	0.81%	449,335,552	20,066
Resolution 13 Re-election of James Smith	448,229,680	99.75%	1,105,872	0.25%	449,335,552	20,066

Resolution 14 Authority to allot shares	446,844,142	99.45%	2,492,578	0.55%	449,336,720	18,898
Resolution 15*** Disapplication of pre-emption rights	447,561,340	99.61%	1,766,129	0.39%	449,327,469	28,149
Resolution 16*** Disapplication of pre-emption rights	442,134,979	98.40%	7,193,524	1.60%	449,328,503	27,115
Resolution 17*** Authority to purchase own shares	443,159,555	98.64%	6,092,192	1.36%	449,251,747	103,871
Resolution 18*** 14 days' notice of general meetings	434,102,897	96.61%	15,245,007	3.39%	449,347,904	7,714

* 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. The NSM can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

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

 

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