Results of Annual General Meeting

RNS Number : 2650F

Hunting PLC

20 April 2011

 



For immediate release                                                                                                                                      20 April 2011

Hunting PLC

("Hunting" or "the Company")

Results of Annual General Meeting

Hunting PLC (LSE:HTG) announces that all resolutions proposed at its Annual General Meeting held earlier today were duly passed.

Details of the proxy voting instructions, lodged at 10.30a.m. on 18 April 2011, being 48 hours prior to the meeting, are set out below:

Resolution
		For	%	Discretion	%	Against	%	Votes Withheld
1	To receive the 2010 Annual Report.	104,190,606	98.98	36,514	0.03	1,041,334	0.99	1,749,575
2	To approve the 2010 Remuneration Report.	97,282,578	92.11	34,838	0.03	8,299,321	7.86	1,401,291
3	To approve a Final Dividend.	106,977,516	99.97	34,738	0.03	0	0	5,775
4	To re-appoint Mr David Barr.	WITHDRAWN
5	To re-elect Mr George Helland.	105,514,548	98.60	34,738	0.03	1,461,983	1.37	6,760
6	To re-elect Mr John Hofmeister.	105,750,519	98.82	37,988	0.04	1,222,657	1.14	6,865
7	To re-elect Mr Richard Hunting.	105,766,570	98.84	36,254	0.03	1,208,340	1.13	6,865
8	To re-elect Mr John Nicholas.	105,738,815	98.81	49,192	0.05	1,222,157	1.14	7,865
9	To re-elect Mr Dennis Proctor.	104,727,118	97.93	49,202	0.05	2,165,084	2.02	76,625
10	To re-elect Mr Peter Rose.	106,771,705	99.84	49,202	0.05	120,597	0.11	76,525
11	To re-appoint PricewaterhouseCoopers LLP as auditors and authorise the Directors to determine their remuneration.	103,025,624	97.46	46,389	0.04	2,640,168	2.50	1,305,847
12	To authorise the Directors to allot shares.	105,112,360	99.08	51,887	0.05	913,610	0.86	930,172
13	To authorise the Directors to disapply pre-emption rights.	106,916,105	99.91	61,784	0.06	30,712	0.03	9,428
14	To authorise the Company to make market purchases of its own shares.	106,930,595	99.92	52,931	0.05	29,638	0.03	4,865
15	To authorise 14 clear days' notice periods for General Meetings (other than an AGM).	105,781,484	98.85	51,651	0.05	1,179,678	1.10	5,216

A "Vote Withheld" is not a vote in law and is not counted in the calculation of proportion of votes "For" or "Against" a resolution.

The total number of shares in issue as at 18 April 2011 was 133,068,939.

The total number of proxy votes cast, including 'Votes Withheld', was 107,018,029; % of proxies cast was 80.42%.

Under Listing Rule 12.4.5, and following the passing of Special Resolution 14, the Company now has the authority to make market purchases of up to 14.99% of its issued ordinary share capital.

Copies of these resolutions will be submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do.

For further information please contact:

Hunting PLC Dennis Proctor, Chief Executive Peter Rose, Finance Director	Tel: [phone]
Buchanan Communications Richard Darby Jeremy Garcia	Tel: [phone]

Notes to Editors:

About Hunting PLC

Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a fully listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has principal operations in Canada, China, Hong Kong, Indonesia, Mexico, Netherlands, Singapore, United Arab Emirates and the United States of America.

 

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