REG - Tullow Oil PLC Tullow Oil PLC - FP Tullow Oil PLC - NP - Result of AGM
RNS Number : 1478XTullow Oil PLC25 April 2019Thursday 25 April 2019
Tullow Oil plc ("Tullow" or the "Company")
RESULTS OF THE ANNUAL GENERAL MEETING
HELD ON THURSDAY 25 APRIL 2019
Tullow announces that at its 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 below:
VOTES FOR
%
VOTES AGAINST
%
VOTES TOTAL
% OF ISC VOTES
VOTES WITHHELD
1. To receive and adopt the Company's annual accounts and associated reports for the financial year ended 31 December 2018
912,533,968
100.00
20,876
0.00
912,554,844
65.08
3,366,700
2. To declare a final dividend of 4.8 cents per ordinary share for the financial year ended 31 December 2018
915,899,708
100.00
2,350
0.00
915,902,058
65.32
19,486
3. To approve the Annual Statement by the Chairman of the Remuneration Committee and the Annual Report on Remuneration
795,256,539
86.87
120,176,428
13.13
915,432,967
65.28
488,576
4. To re-elect Mike Daly as a Director
914,144,577
99.81
1,740,499
0.19
915,885,076
65.31
36,468
5. To re-elect Steve Lucas as a Director
890,369,810
97.22
25,506,783
2.78
915,876,593
65.31
44,950
6. To re-elect Angus McCoss as a Director
914,135,562
99.81
1,749,514
0.19
915,885,076
65.31
36,468
7. To re-elect Paul McDade as a Director
913,417,866
99.81
1,748,264
0.19
915,166,130
65.26
755,414
8. To elect Dorothy Thompson as a Director
912,932,278
99.68
2,951,691
0.32
915,883,969
65.31
37,575
9. To re-elect Jeremy Wilson as a Director
872,540,212
95.27
43,334,496
4.73
915,874,708
65.31
46,835
10. To re-elect Les Wood as a Director
911,165,897
99.50
4,562,886
0.50
915,728,783
65.30
192,761
11. To re-appoint Deloitte LLP as auditors of the Company
876,302,286
95.82
38,196,593
4.18
914,498,879
65.22
1,358,103
12. To authorise the Audit Committee to determine the remuneration of Deloitte LLP
900,303,617
99.23
6,963,122
0.77
907,266,739
64.70
8,654,805
13. To renew the Directors' authority to allot shares
882,796,875
96.39
33,073,885
3.61
915,870,760
65.31
50,784
14. To dis-apply statutory pre-emption rights*
875,487,211
95.59
40,376,405
4.41
915,863,616
65.31
57,928
15. To authorise the Company to hold general meetings on no less than 14 clear days' notice*
850,377,135
92.85
65,515,675
7.15
915,892,810
65.31
28,734
16. To authorise the Company to purchase its own shares*
915,819,055
99.99
85,956
0.01
915,905,011
65.32
13,161
Notes:
(1) * denotes a special resolution.
(2) Proxy appointments which gave discretion to the Chairman of the Annual General Meeting have been included in the "For" total of the appropriate resolution.
(3) A "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" any resolution nor in the calculation of the proportion of "Percentage of ISC voted" for any resolution.
(4) The percentage of votes "For" and "Against" any resolution is expressed as a percentage of votes validly cast for that resolution.
(5) The number of shares in issue at 6.00 p.m. on 23 April 2019 was 1,402,274,900 ordinary shares of 10 pence each (the "Ordinary Shares") and at that time, Tullow did not hold any Ordinary Shares in treasury. The proportion of "Percentage of ISC voted" for any resolution is the total of votes "For" and "Against" in respect of that resolution expressed as a percentage of the ISC as described in this note (5).
(6) As announced on 28 February 2019, Tutu Agyare did not stand for re-election as a Director and stepped down from the Board with effect from the conclusion of the Annual General Meeting.
(7) In accordance with LR 9.6.2, copies of the relevant ordinary and special resolutions passed at the meeting have been submitted to the FCA's National Storage Mechanism, and will shortly be available to view at http://www.morningstar.co.uk/uk/NSM. The full text of the resolutions passed at the Annual General Meeting can be found in the Notice of Annual General Meeting, which is available for inspection at the National Storage Mechanism and also on the Company's website at http://www.tullowoil.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDRAGKMGZDDKMGLZM
Recent news on Tullow Oil
See all newsREG - Tullow Oil PLC - Director/PDMR Shareholding
AnnouncementREG - Tullow Oil PLC - Director/PDMR Shareholding
AnnouncementREG - Tullow Oil PLC - Total Voting Rights
AnnouncementREG - Tullow Oil PLC - Director/PDMR Shareholding
AnnouncementREG - Tullow Oil PLC - Annual and Sustainability Report & Notice of AGM
Announcement