TIDMCNE
RNS Number : 2598Y
Cairn Energy PLC
11 May 2021
FOR IMMEDIATE RELEASE 11 May 2021
CAIRN ENERGY PLC ("Cairn" or "the Company")
Voting Results of Annual General Meeting
1. Results of Annual General Meeting 2021
Cairn 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 377,981,760 99.89% 399,422 0.11% 378,381,182 582,883
------------ ------- ------------ ------- -----------
Resolution
2
Remuneration
report 246,776,576 65.13% 132,138,647 34.87% 378,915,223 48,842
------------ ------- ------------ ------- -----------
Resolution
3
Re-appointment
of auditor 373,238,968 98.49% 5,714,045 1.51% 378,953,013 11,052
------------ ------- ------------ ------- -----------
Resolution
4
Auditor's
remuneration 378,107,367 99.78% 826,379 0.22% 378,933,746 30,319
------------ ------- ------------ ------- -----------
Resolution
5
Re-election
of
Nicoletta
Giadrossi 302,609,531 81.34% 69,409,099 18.66% 372,018,630 6,945,435
------------ ------- ------------ ------- -----------
Resolution
6
Re-election
of
Keith Lough 375,681,404 99.44% 2,133,852 0.56% 377,815,256 1,148,809
------------ ------- ------------ ------- -----------
Resolution
7
Re-election
of
Peter Kallos 332,161,645 87.91% 45,663,601 12.09% 377,825,246 1,138,819
------------ ------- ------------ ------- -----------
Resolution
8
Re-election
of
Alison Wood 374,043,313 99.00% 3,782,141 1.00% 377,825,454 1,138,611
------------ ------- ------------ ------- -----------
Resolution
9
Re-election
of Catherine
Krajicek 377,339,655 99.87% 485,558 0.13% 377,825,213 1,138,852
------------ ------- ------------ ------- -----------
Resolution
10
Re-election
of Erik Daugbjerg 377,573,257 99.94% 237,727 0.06% 377,810,984 1,153,081
------------ ------- ------------ ------- -----------
Resolution
11
Re-election
of
Simon Thomson 363,258,168 96.15% 14,552,858 3.85% 377,811,026 1,153,039
------------ ------- ------------ ------- -----------
Resolution
12
Re-election
of
James Smith 377,141,514 99.82% 669,512 0.18% 377,811,026 1,153,039
------------ ------- ------------ ------- -----------
Resolution
13
Authority
to allot
shares 373,549,688 98.58% 5,387,220 1.42% 378,936,908 27,157
------------ ------- ------------ ------- -----------
Resolution
14***
Disapplication
of pre-emption
rights 377,469,638 99.62% 1,456,651 0.38% 378,926,289 37,776
------------ ------- ------------ ------- -----------
Resolution
15***
Disapplication
of pre-emption
rights 359,173,693 94.79% 19,755,343 5.21% 378,929,036 35,029
------------ ------- ------------ ------- -----------
Resolution
16***
Authority
to purchase
own shares 372,450,032 98.34% 6,291,552 1.66% 378,741,584 222,481
------------ ------- ------------ ------- -----------
Resolution
17***
14 days'
notice of
general meetings 370,433,946 97.75% 8,507,406 2.25% 378,941,352 22,713
------------ ------- ------------ ------- -----------
* 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. Resolution 2
The Board notes that, while all of the resolutions at today's
Annual General Meeting were passed with the requisite majority,
Resolution 2 (Approval of the Remuneration Report) passed with
65.13% of votes in favour.
Following the Annual General Meeting, Cairn will continue to
engage with its shareholders and carefully consider all feedback.
We will publish an update on that engagement within six months of
the Annual General Meeting, in accordance with the UK Corporate
Governance Code
3. Resolutions Submitted to NSM
The Company has today submitted to the National Storage
Mechanism (NSM) copies of 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.cairnenergy.com
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END
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