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Genel Energy PLC (GENL)
Genel Energy PLC: Result of AGM

14-May-2020 / 11:30 GMT/BST
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14 May 2020

  

Genel Energy plc

  

Results of Annual General Meeting 14 May 2020

 

The Annual General Meeting of Genel Energy plc was held today, Thursday 14 May 2020, 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 277,670,478 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 the Company for the year ended 31 December 2019

201,654,056

100.00%

600

0.00%

12,712

201,669,968

  1. To declare a final distribution of 10 US cents per ordinary share for the financial year ending 31 December 2019

201,654,656

99.99%

12,712

0.01%

0

201,669,968

  1. To approve the Remuneration Policy for Directors

199,377,586

99.76%

473,925

0.24%

1,815,857

201,669,968

  1. To approve the Annual Report on Remuneration for the year ended 31 December 2019

196,814,878

97.70%

4,636,633

2.30%

215,857

201,669,968

  1. To elect Mr David McManus as a NonExecutive Director

200,533,968

99.44%

1,119,431

0.56%

13,969

201,669,968

  1. To re-elect Dr Bill Higgs as an Executive Director

201,653,242

100.00%

157

0.00%

13,969

201,669,968

  1. To re-elect Mr Esa Ikaheimonen as an Executive Director

201,603,909

99.97%

49,490

0.02%

13,969

201,669,968

  1. To elect Sir Michael Fallon as a NonExecutive Director

179,758,670

99.72%

493,294

0.27%

21,415,404

201,669,968

  1. To re-elect Mr Tim Bushell as a NonExecutive Director

201,127,639

99.74%

525,760

0.26%

13,969

201,669,968

  1. To re-elect Mr Martin Gudgeon as a Non-Executive Director

201,179,274

99.76%

473,925

0.24%

14,169

201,669,968

  1. To re-elect Mr George Rose as a Non-Executive Director

201,169,590

99.76%

483,809

0.24%

13,969

201,669,968

  1. To re-elect Mrs Nazli K Williams as a Non-Executive Director

180,431,952

89.48%

21,221,447

10.52%

13,969

201,669,968

  1. To elect Mr Ümit Tolga Bilgin as a Non-Executive Director

201,171,935

99.76%

481,364

0.24%

13,969

201,669,868

  1. To elect Mr Hassan Gozal as a Non-Executive Director

179,964,216

89.24%

21,689,183

10.76%

13,969

201,669,968

  1. To re-appoint PricewaterhouseCoopers as the Company's auditor

201,647,956

100.00%

6,500

0.00%

12,912

201,669,968

  1. To authorise the Directors to set the Auditor's fees

201,654,456

100.00%

0

0.00%

12,912

201,669,968

  1. To give the Company limited authority to make political donations and expenditure

198,355,538

98.36%

3,311,830

1.64%

0

201,669,968

  1. To authorise the Company to purchase its Ordinary Shares

200,042,468

99.20%

1,613,364

0.80%

11,536

201,669,968

  1. To permit the Company to hold general meetings, other than an AGM, on not less than 14 clear days' notice

201,142,734

99.74%

524,484

0.26%

150

201,669,968

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 www.genelenergy.com and on the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

A copy of the special resolutions (resolutions 18 and 19) passed at the Annual General Meeting, have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. 

-ends-

 

For further information, please contact:

 

Genel Energy

Andrew Benbow, Head of Communications

+44 20 7659 5100

 

 

Vigo Communications

Patrick d'Ancona 

+44 20 7830 9700

 

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 Taq Taq and Tawke licences in the Kurdistan Region of Iraq, providing financial resilience that allows investment in growth and the payment of a material and sustainable dividend, even at a low oil price. Genel also continues to pursue further growth opportunities. For further information, please refer to www.genelenergy.com.

 

 

 

 

 

 

 

 

 

 

 

 

 



ISIN: JE00B55Q3P39
Category Code: RAG
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
Sequence No.: 63703
EQS News ID: 1045049

 
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