REG-Genel Energy PLC Genel Energy PLC: Results of AGM – REPLACEMENT

Genel EnergyAnnouncement

11/05/2023 15:15

============

  Genel Energy PLC (GENL)
  Genel Energy PLC: Results of AGM – REPLACEMENT

  11-May-2023 / 15:09 GMT/BST

  ══════════════════════════════════════════════════════════════════════════════

   

   

  Correction to the announcement made at 12.30 on 11 May 2023. The title to
  resolutions 5 (election of Paul Weir) and 6 (re-election of Sir Michael
  Fallon) had been transposed. The full corrected announcement is as per below.
  All other information was correct.

   

  11 May 2023

    

                                 Genel Energy plc

    

                        Results of Annual General Meeting

   

  The Annual General Meeting  of Genel Energy plc  was held today, Thursday,  11
  May 2023 and the results of the  votes by shareholders are set out below.  The
  number of ordinary shares of £0.10p each  in the Company in issue at the  date
  of the meeting was 279,402,863 and each share attracted one vote.

   

  The results were as follows:

   

  Resolutions           For        %     Against     %     Withheld     Total
                                                                       lodged
   1. To receive
      the audited
      financial
      statements of 180,244,330 100.00%    223     0.00%   424,770   180,244,553
      the Company
      for the year
      ended 31
      December 2022
   2. To declare a
      final
      distribution
      of 12 US
      cents per
      ordinary      180,660,660 100.00%    223     0.00%    8,440    180,660,883
      share for the
      financial
      year ending
      31 December
      2022
   3. To approve
      the Annual
      Report on
      Remuneration  179,458,267 99.34%  1,190,901  0.66%    20,155   180,649,168
      for the year
      ended 31
      December 2022
   4. To re-elect
      Mr David
      McManus as a  176,644,849 97.78%  4,002,689  2.22%    21,785   180,647,538
      Non‑Executive
      Director
   5. To elect Mr
      Paul Weir as  180,542,495 99.94%   115,043   0.06%    11,785   180,657,538
      an Executive
      Director
   6. To re-elect
      Sir Michael
      Fallon as a   156,315,486 98.04%  3,127,469  1.96%  21,226,368 159,442,955
      Non-Executive
      Director
   7. To re-elect
      Mr Ümit Tolga
      Bilgin as a   150,256,525 86.38%  23,687,286 13.62% 6,725,512  173,943,811
      Non-Executive
      Director
   8. To elect Ms
      Canan
      Ediboglu as   177,420,793 98.24%  3,184,454  1.76%    64,076   180,605,247
      Non-Executive
      Director
   9. To elect Mr
      Yetik K. Mert
      as a          176,390,155 97.65%  4,252,383  2.35%    26,785   180,642,538
      Non-Executive
      Director
  10. To appoint
      BDO LLP as
      the Company’s 180,655,610 100.00%   3,405    0.00%    10,308   180,659,015
      auditor

   
  11. To authorise
      the Directors
      to set the    180,654,829 100.00%   4,186    0.00%    10,308   180,659,015
      Auditor’s
      fees
  12. To give the
      Company
      limited
      authority to  159,354,002 88.21%  21,302,805 11.79%   12,516   180,656,807
      make
      political
      donations and
      expenditure
  13. To authorise
      the Company
      to purchase   159,431,295 88.25%  21,219,237 11.75%   18,791   180,650,532
      its Ordinary
      Shares
  14. To permit the
      Company to
      hold general
      meetings,
      other than an 179,824,271 99.54%   836,437   0.46%    8,615    180,660,708
      AGM, on not
      less than 14
      clear days’
      notice

   

  Following the approval of resolution 2, Genel confirms the payment of a  final
  dividend of 12¢ per share  in relation to the  2022 financial year. The  final
  dividend payment timetable is below:

   

    • Ex-dividend date: 20 April 2023
    • Record Date: 21 April 2023
    • Payment Date: 19 May 2023

   

  The full text  of the resolutions  may be found  in the Notice  of the  Annual
  General Meeting, copies of which are  available on both the Company's  website
   1 www.genelenergy.com    and    on    the    National    Storage    Mechanism
   2 https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

   

  A copy of the special resolutions (resolutions 13 and 14) passed at the Annual
  General Meeting, have  been submitted  to the National  Storage Mechanism  and
  will      shortly       be       available       for       inspection       at
   3 https://data.fca.org.uk/#/nsm/nationalstoragemechanism. 

   

                                      -ends-

   

  For further information, please contact:

   

  Genel Energy
                                        +44 20 7659 5100
  Andrew Benbow, Head of Communications
                                         
  Vigo Consulting
                                        +44 20 7390 0230
  Patrick d’Ancona 

   

   

  Notes to editors:

  Genel Energy is a socially responsible oil producer listed on the main  market
  of the  London  Stock Exchange  (LSE:  GENL, LEI:  549300IVCJDWC3LR8F94).  The
  Company is one of the largest London-listed independent hydrocarbon producers,
  with an asset  portfolio that  positions us  well for  a future  of fewer  and
  better  natural  resources  projects.   Genel  has  low-cost  and   low-carbon
  production from  the  Kurdistan  Region  of Iraq,  and  a  committed  dividend
  programme  that  is  material  and   sustainable.  Genel  continues  to   seek
  opportunities  to  add  new  resilient  and  cash-generative  assets  to   its
  portfolio, with the  goal of progressing  its dividend in  the long-term.  For
  further information, please refer to www.genelenergy.com

   

   

   

   

   

   

   

   

   

   

   

  ══════════════════════════════════════════════════════════════════════════════

  Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  The issuer is solely responsible for the content of this announcement.

  ══════════════════════════════════════════════════════════════════════════════

   ISIN:           JE00B55Q3P39, NO0010894330
   Category Code:  RAG
   TIDM:           GENL
   LEI Code:       549300IVCJDWC3LR8F94
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   243154
   EQS News ID:    1631113


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    4 fncls.ssp?fn=show_t_gif&application_id=1631113&application_name=news&site_id=refinitiv2

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=3ec46b352f38452116096dbbab51b09e&application_id=1631113&site_id=refinitiv2&application_name=news
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=1e84eb6c3310c93f7fb161c09372521b&application_id=1631113&site_id=refinitiv2&application_name=news
   3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=1e84eb6c3310c93f7fb161c09372521b&application_id=1631113&site_id=refinitiv2&application_name=news


============