REG - Deltic Energy PLC - Result of AGM

Deltic EnergyAnnouncement

15/06/2022 13:45

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RNS Number : 0080P  Deltic Energy PLC  15 June 2022

15 June 2022

 

Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources

 

Deltic Energy Plc ("Deltic" or "the Company")

Result of Annual General Meeting

 

Deltic Energy Plc, the AIM-quoted natural resources investing company with a
high impact exploration and appraisal portfolio focused on the Southern and
Central North Sea, announces the results of the voting on the resolutions put
to its Annual General Meeting held earlier today. All resolutions put to
shareholders at the meeting were successfully passed.

 

Details of the proxy votes received on each resolution are set out below:

 

 Resolution                                                                     Votes For*   % of votes cast**  Votes Against  % of votes cast**  Total votes cast**  Votes withheld**  % of issued share capital voted**
 1.     To receive and adopt the annual accounts and reports of the             553,810,353  95.6%              25,377,421     4.4%               579,187,774         248,470           41.2%
 Directors and auditors thereon.

 2.     To re-elect Peter Cowley as a Director of the Company.                  552,006,268  99.8%              1,289,085      0.2%               553,295,353         26,140,891        39.4%

 3.     To re-elect Peter Nicol as a Director of the Company.                   552,066,268  95.4%              26,606,506     4.6%               578,672,774         763,470           41.2%

 4.     To appoint BDO LLP as auditors of the Company and to authorise the      574,884,663  99.4%              3,753,111      0.6%               578,637,774         798,470           41.2%
 Directors to fix their remuneration.

 5.     To authorise the Directors to allot shares.                             558,681,588  96.5%              20,416,186     3.5%               579,097,774         338,470           41.2%

 6.     To disapply statutory pre-emption rights.                               550,896,519  95.1%              28,271,255     4.9%               579,167,774         268,470           41.2%

 

*Votes "For" include votes giving the Chairman discretion.

**A 'Vote Withheld' is not a vote in law and has not been counted in the
calculation of the proportion of the votes 'For' and 'Against' a resolution.

 

 

 

**ENDS**

 

For further information please contact the following:

 Deltic Energy Plc                                                              Tel: +44 (0) 20 7887 2630

 Graham Swindells / Andrew Nunn / Sarah McLeod

 Allenby Capital Limited (Nominated Adviser & Joint                             Tel: +44 (0) 20 3328 5656
 Broker)

 David Hart / Alex Brearley (Corporate Finance)
 Kelly Gardiner (Sales and Corporate Broking)

 Stifel Nicolaus Europe Limited (Joint                                          Tel: +44 (0) 20 7710 7600
 Broker)

 Callum Stewart / Simon Mensley / Ashton Clanfield

 Vigo Consulting (IR Adviser)                                                   Tel: +44 (0) 20 7390 0230

 Patrick d'Ancona / Finlay Thomson / Oliver Clark

 

About Deltic Energy Plc

Deltic has created a strategically located portfolio of high-quality gas
exploration licences in the Southern North Sea over a number of licensing
rounds.  These licences are located in areas that have been underexplored
despite significant discoveries such as Tolmount, Breagh, Pegasus and Cygnus,
most of which have gone on to be developed and could provide ready access to
export infrastructure for any future developments on Deltic's licence acreage.

 

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