Result of AGM

RNS Number : 6157O

Petrofac Limited

18 May 2018

 

18 May 2018

PETROFAC LIMITED

(the "Company")

RESULTS OF ANNUAL GENERAL MEETING

The Company hereby confirms that all resolutions set out in the Notice of Meeting for the Annual General Meeting of Petrofac Limited held on 18 May 2018 were duly passed by shareholders on a poll.

The total number of votes cast for each resolution is as follows:

No.	Resolution	In Favour /Discretion	%*	Against	%*	Withheld
1	Report and Accounts	225,011,524	99.94	125,590	0.06	215,620
2	Final dividend	225,330,650	100.00	7,186	0.00	14,898
3	Annual Report on Remuneration	182,236,184	80.87	43,102,723	19.13	13,826
4	Appoint Sara Akbar as a Non-executive Director	225,309,972	99.99	17,467	0.01	25,295
5	Appoint David Davies as a Non-executive Director	223,866,367	99.35	1,457,776	0.65	28,591
6	Re-appoint Andrea Abt as a Non-executive Director	224,852,248	99.79	476,615	0.21	23,871
7	Re-appoint Matthias Bichsel as a Non-executive Director	224,704,604	99.73	610,441	0.27	37,689
8	Re-appoint René Médori as  a Non-executive Director	223,738,130	99.30	1,587,784	0.70	26,820
9	Re-appoint George Pierson as  a Non-executive Director	224,853,073	99.79	475,388	0.21	24,273
10	Re-appoint Ayman Asfari as an Executive Director	220,115,769	98.03	4,427,297	1.97	809,667
11	Re-appoint Alastair Cochran as an Executive Director	223,814,079	99.37	1,428,127	0.63	110,528
12	Re-appoint Ernst & Young as auditors	223,908,593	99.36	1,433,131	0.64	11,009
13	Authorise directors to fix the auditors' remuneration	225,160,429	99.92	180,944	0.08	11,361
14	Directors' authority to allot shares	225,180,060	99.93	163,278	0.07	9,396
15	Pre-emption rights	225,170,424	99.93	160,091	0.07	22,219
16	Directors' authority to purchase own shares	224,681,578	99.72	628,054	0.28	43,101
17	Short notice period for general meetings	219,310,453	97.32	6,033,002	2.68	9,279

* percentage of votes cast excludes withheld votes.

The number of shares in issue at the date of the Meeting was 345,912,747 ordinary shares of US$0.02 each in the Company (the "Shares") and each Share attracted one vote. The total number of votes cast was 225,352,734 (65.15% of the share register). 

The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website, www.petrofac.com.  Resolutions 14 to 17 were passed as special business resolutions.  Copies of these resolutions have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

For further information contact:

Petrofac Limited

[phone]

LEI 2138004624W8CKCSJ177

 

END

 

 

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