REG - Ithaca Energy PLC Delek Group - DLEKG - AMENDED RESULTS OF ANNUAL GENERAL MEETING 2024

Ithaca EnergyAnnouncement

26/06/2024 09:45

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RNS Number : 9629T  Ithaca Energy PLC  26 June 2024

26 June 2024

ITHACA ENERGY PLC

(the "Company")

LEI 21380057TNFLXPXBIP34

 

AMENDED RESULTS OF ANNUAL GENERAL MEETING 2024

 

As noted in the announcement issued following the Annual General Meeting of
the Company held on Monday 24 June, all resolutions put to shareholders were
duly passed.   The details of the results of the poll, including the votes
cast by the independent shareholders in relation to resolutions 8-11 and 14,
are set out below:

 

            Resolution                                                                                    Total For                  Total Against            Total Votes Cast  Withheld
                                                                                             No. of Votes        % of Vote           No. of Votes  % of Vote  No. of Votes      No. of Votes
 1          To receive the Annual Report and Financial Accounts for the year ended 31        938,197,303         100.00              4,189         0.00       938,201,492       433,827
            December 2023
            To re-appoint Deloitte LLP as auditors to the Company                            938,529,873         99.99               88,124        0.01       938,617,997       17,322

 2
                                                                                             938,612,545         100.00              4,624         0.00       938,617,169       18,150

 3          To authorise the Audit and Risk Committee to determine the remuneration of the
            Auditors
                                                                                             907,173,358         96.93               28,693,659    3.07       935,867,017       2,768,302

 5          To approve the Directors' Remuneration  Report
                                                                                             938,596,180         100.00              8,733         0.00       938,604,913       30,406

 7          To re-elect Iain Lewis as a Director

                                                                                             927,174,417         98.78               11,430,496    1.22       938,604,913       30,406

 8          To re-elect David Blackwood CBE as a Director
            To re-elect Lynne Clow as a Director                                             921,730,918         98.20               16,884,951    1.80       938,615,869       19,450

 9
                                                                                             924,210,009         98.47               14,394,904    1.53       938,604,913       30,406

 10         To re-elect Assaf Ginzburg as a Director

                                                                                             926,548,982         98.72               12,055,929    1.28       938,604,913       30,406

 11         To re-elect Deborah Gudgeon as a Director
            To re-elect Itshak Tshuva as a Director                                          933,673,493         99.47               4,931,420     0.53       938,604,913       30,406

 12
            To re-elect Idan Wallace as a Director                                           934,382,338         99.55               4,222,575     0.45       938,604,913       30,406

 13
            To elect Zvika Zivlin                                                            938,559,315         100.00              45,598        0.00       938,604,913       30,406

 14         as a Director
                                                                                             938,412,338         99.98               205,831       0.02       938,618,169       17,150

 15         To authorise the Directors to allot shares

 16*        To authorise the  Directors to disapply   statutory pre-emption rights

            To permit the Company to purchase its own shares                                 936,128,104         99.73               2,488,947     0.27       938,617,051       18,268

            To allow general meetings to be held on 14 clear days' notice

 17*

                                                                                             937,396,989         99.87               1,223,330     0.13       938,620,319       15,000

 18*

                                                                                             938,566,977         99.99               51,192        0.01       938,618,169       17,150

 

 

INDEPENDENT SHAREHOLDER VOTES

 

      Resolution                                      Independent shareholders For             Independent shareholders Against
                                                      No. of votes                  % of vote  No. of votes                      % of vote
                                                      28,954,486                    71.70      11,430,496                        28.30

 8    To re-elect David Blackwood CBE as a Director
      To re-elect Lynne Clow as a Director            23,510,987                    58.20      16,884,951                        41.80

 9
                                                      25,990,078                    64.36      14,394,904                        35.64

 10   To re-elect Assaf Ginzburg as a Director

                                                      28,329,051                    70.15      12,055,929                        29.85

 11   To re-elect Deborah Gudgeon as a Director
      To elect Zvika Zivlin                           40,339,384                    99.89      45,598                            0.11

 14   as a Director

 

 

NOTES:

1.                  * indicates a Special Resolution
requiring 75% of votes cast to be carried.

2.                  Votes "For" and "Against" are expressed
as a percentage of votes cast.

3.                  Votes "For" include discretionary votes.

4.                  A "Vote withheld" is not a vote in law
and is not counted in the calculation of the votes "For" or "Against" a
resolution.

5.                  In accordance with Listing Rule 9.2.2ER,
the voting by the independent shareholders is shown separately for Resolutions
8 - 11 (inclusive) and Resolution 14 in the second table above.

6.                  The total number of ordinary shares in
issue on 24 June 2024 was 1,014,372,281. Ordinary shareholders are entitled to
one vote per share held.

7.                  The full text of each resolution is
contained in the Notice of Annual General Meeting which can be found on the
Company's website.

8.                    It was announced on 28 May 2024 that
Gilad Myerson had stepped down from the Board with immediate effect. As the
Company's AGM Notice had already been issued, the Chairman of the meeting
sought the consent of the Shareholders in attendance to withdraw the
resolution to re-elect Gilad Myerson as an Executive Director of the Company
(Resolution 6) and as a consequence of the changes to the Board, the Chairman
of the meeting sought the consent of the Shareholders  to withdraw the
resolution to approve the proposed Director's Remuneration Policy (Resolution
4).   Consent to withdraw the Resolutions were granted and accordingly,
Resolution 4 and 6 were withdrawn.

The withdrawal of Resolutions 4 and 6 did not otherwise affect the validity of
the Notice of Meeting, the proxy form or any proxy votes already submitted on
other proposed resolutions. The numbering of all other proposed resolutions at
the AGM remained unchanged and is reflected in the tables above.

 

In accordance with the UK Listing Authority's Listing Rule 9.6.2, copies of
all the resolutions passed other than resolutions concerning ordinary
business have been submitted to the National Storage Mechanism and will
shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

Enquiries:

 

 Ithaca Energy
 Kathryn Reid - Head of Investor Relations, Corporate Affairs  kathryn.reid@ithacaenergy.com (mailto:kathryn.reid@ithacaenergy.com)
 & Communications

 

 

 

 

 

 

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