Result of Meeting

Capricorn Energy PLC

15 May 2023

 

FOR IMMEDIATE RELEASE                                                                                         15 May 2023

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

 Voting Results of General Meeting

1. Results of General Meeting held on 15 May 2023 - Special Dividend and Share Consolidation

Capricorn announces that at the General Meeting held earlier today, the resolutions set out in the Notice of General Meeting put to the General Meeting were passed by the requisite majorities.

The resolutions put to the General Meeting were 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 NUMBER	VOTES FOR*	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC VOTED**	VOTES WITHHELD***
1 - Authorisation of dividend and share consolidation	237,313,643	99.95	117,089	0.05	237,430,732	75.54	16,071
2 - Amendment of 2017 LTIP	237,282,024	99.94	132,551	0.06	237,414,575	75.54	32,228
3 - Authorisation of market purchases following the share consolidation	233,930,547	98.54	3,474,984	1.46	237,405,531	75.54	41,272

* Includes discretionary votes.

** ISC means issued share capital (excluding shares held in treasury). Total voting rights of the shares in issue (excluding treasury shares): 314,295,459

*** 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.

2. Resolutions Submitted to NSM

The Company has today submitted to the National Storage Mechanism (NSM) a copy of the resolutions passed at the General Meeting. The NSM can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

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

 

END