Result of AGM

RNS Number : 9617Y

88 Energy Limited

09 March 2017

 

ANNUAL GENERAL MEETING RESULTS

In accordance with Listing Rule 3.13.2 and Section 251AA of the Corporations Act, the attached information is provided in relation to the resolutions passed by the members of 88 Energy Limited (ASX: 88E; AIM: 88E, "88 Energy", "Company") at its Annual General Meeting held on 09 March 2017.

The instructions given to validly appointed proxies in respect of each resolution were as follows:

Resolution 1: Adoption of Remuneration Report

FOR	AGAINST	OPEN	ABSTAIN
194,129,269	88,691,766	8,167,649	5,613,012

The motion was carried as an ordinary resolution on a poll.

Resolution 2: Re-election of Mr Stephen Staley as a Director

FOR	AGAINST	OPEN	ABSTAIN
297,674,273	1,526,867	9,417,649	9,287,463

The motion was carried as an ordinary resolution on a show of hands.

Resolution 3: Approval of 10% Placement Capacity

FOR	AGAINST	OPEN	ABSTAIN
272,829,104	29,558,099	8,167,649	7,351,401

The motion was carried as a special resolution on a show of hands.

Resolution 4: Ratification of Prior Issue of Placement Shares

FOR	AGAINST	OPEN	ABSTAIN
291,535,906	12,867,260	9,664,604	3,838,484

The motion was carried as an ordinary resolution on a show of hands.

Resolution 5: Ratification of Prior Issue of Placement Options

FOR	AGAINST	OPEN	ABSTAIN
269,953,086	19,627,036	8,167,649	20,158,484

The motion was carried as an ordinary resolution on a show of hands.

Resolution 6: Ratification of Prior Issue of Agent Options

FOR	AGAINST	OPEN	ABSTAIN
263,895,760	22,312,869	8,174,607	23,523,020

The motion was carried as an ordinary resolution on a show of hands.

Resolution 7: Issue of Options under Scheme - Michael Evans

FOR	AGAINST	OPEN	ABSTAIN
167,879,890	116,364,541	8,167,649	4,189,622

The motion was carried as an ordinary resolution on a show of hands.

Resolution 8: Issue of Options under Scheme - David Wall

FOR	AGAINST	OPEN	ABSTAIN
239,754,035	45,393,397	8,266,058	3,188,213

The motion was carried as an ordinary resolution on a show of hands.

Resolution 9: Issue of Options under Scheme - Stephen Staley

FOR	AGAINST	OPEN	ABSTAIN
163,023,183	116,327,583	8,246,058	9,004,880

The motion was carried as an ordinary resolution on a show of hands.

Resolution 10: Issue of Options under Scheme - Brent Villemarette

FOR	AGAINST	OPEN	ABSTAIN
164,317,484	116,464,541	8,246,058	7,572,722

The motion was carried as an ordinary resolution on a show of hands.

Media and Investor Relations:

Australia
88 Energy Ltd
[e-mail] [phone]
Hartleys Limited
As Corporate Advisor
Mr Dale Bryan [phone]
United Kingdom
Cenkos Securities Plc
As Nominated Adviser
Mr Neil McDonald	Mr Derrick Lee
Tel: [phone]	Tel: [phone]

 

END

 

 

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