Result of AGM

Capricorn Energy PLC

23 May 2024

 

FOR IMMEDIATE RELEASE                                                                                         23 May 2024

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

1. Results of Annual General Meeting 2024

Capricorn 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	53,705,909	99.98%	9,477	0.02%	53,715,386	477,938
Resolution 2 Authorisation of dividend and share consolidation	54,149,780	99.92%	42,392	0.08%	54,192,172	1,152
Resolution 3 Amendment of 2017 LTIP	54,150,290	99.93%	38,156	0.07%	54,188,446	4,878
Resolution 4 Remuneration Report	53,352,788	98.48%	825,681	1.52%	54,178,469	14,855
Resolution 5 Re-appointment of auditor	53,406,984	98.58%	768,182	1.42%	54,175,166	18,158
Resolution 6 Auditor's remuneration	53,930,660	99.54%	247,071	0.46%	54,177,731	15,593
Resolution 7 Re-election of Randy Neely	54,142,605	99.96%	19,142	0.04%	54,161,747	31,577
Resolution 8 Re-election of Maria Gordon	52,560,653	97.04%	1,604,235	2.96%	54,164,888	28,436
Resolution 9 Re-election of Richard Herbert	51,467,383	95.02%	2,697,508	4.98%	54,164,891	28,433
Resolution 10 Re-election of Hesham Mekawi	53,358,955	98.51%	805,862	1.49%	54,164,817	28,507
Resolution 11 Re-election of Tom Pitts	53,788,834	99.31%	372,915	0.69%	54,161,749	31,575
Resolution 12 Re-election of Patrice Merrin	53,664,600	99.94%	30,843	0.06%	53,695,443	497,881
Resolution 13 Election of Sachin Mistry	54,130,153	99.94%	31,524	0.06%	54,161,677	31,647
Resolution 14 Authority to allot shares	54,107,576	99.87%	69,495	0.13%	54,177,071	16,253
Resolution 15*** Disapplication of pre-emption rights	53,605,550	98.97%	559,803	1.03%	54,165,353	27,971
Resolution 16*** Disapplication of pre-emption rights	53,601,456	98.96%	564,152	1.04%	54,165,608	27,716
Resolution 17*** Authority to purchase own shares	53,663,100	99.07%	503,608	0.93%	54,166,708	26,616
Resolution 18*** 14 days' notice of general meetings	53,752,632	99.22%	424,571	0.78%	54,177,203	16,121

* 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 will submit to the National Storage Mechanism (NSM) copies of the 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.capricornenergy.com

 

END