18 May 2021
Vivo Energy plc
('the Company')
(LSE: VVO / JSE: VVO)
2021 Annual General Meeting - Poll Results
Vivo Energy plc's 2021 Annual General Meeting ('AGM') was held at the Park Plaza Victoria Hotel, 239 Vauxhall Bridge Road, Pimlico, London SW1V 1EQ, United Kingdom on Tuesday 18 May 2021 at 2.00 pm. All resolutions proposed at the AGM were decided on a poll and were passed. The results are set out below:
| Resolution | Votes For
| % For | Votes Against
| % Against
| Votes Total | % of Issued Share Capital Voted
| Votes Withheld | |
| 1 | To receive the Company's accounts, the strategic report and reports of the Directors and the auditor for the year ended 31 December 2020 | 1,184,468,528 | 100.00 | 27,095 | 0.00 | 1,184,495,623 | 93.49% | 1 |
| 2 | To approve the Directors' Remuneration Report for the year ended 31 December 2020 as set out on pages 94 to 112 of the Annual Report and Accounts 2020 | 1,181,967,490 | 100.00 | 27,685 | 0.00 | 1,181,995,175 | 93.30% | 2,500,449 |
| 3 | To declare a final dividend of 3.78865 US cents per ordinary share for the year ended 31 December 2020 | 1,184,495,624 | 100.00 | 0 | 0.00 | 1,184,495,624 | 93.49% | 0 |
| 4 | To re-elect John Daly as a Director | 1,094,587,004 | 92.57 | 87,842,366 | 7.43 | 1,182,429,370 | 93.33% | 2,066,254 |
| 5 | To re-elect Christian Chammas as a Director | 1,151,689,124 | 97.23 | 32,806,500 | 2.77 | 1,184,495,624 | 93.49% | 0 |
| 6 | To elect Doug Lafferty as a Director | 1,151,689,124 | 97.23 | 32,806,500 | 2.77 | 1,184,495,624 | 93.49% | 0 |
| 7 | To re-elect Thembalihle Hixonia Nyasulu as a Director | 1,178,987,883 | 99.54 | 5,507,741 | 0.46 | 1,184,495,624 | 93.49% | 0 |
| 8 | To re-elect Carol Arrowsmith as a Director | 1,178,987,883 | 99.54 | 5,507,741 | 0.46 | 1,184,495,624 | 93.49% | 0 |
| 9 | To re-elect Christopher Rogers as a Director | 1,174,731,043 | 99.18 | 9,764,581 | 0.82 | 1,184,495,624 | 93.49% | 0 |
| 10 | To re-elect Gawad Abaza as a Director | 1,178,987,883 | 99.54 | 5,507,741 | 0.46 | 1,184,495,624 | 93.49% | 0 |
| 11 | To re-elect Javed Ahmed as a Director | 1,144,381,872 | 96.76 | 38,313,752 | 3.24 | 1,182,695,624 | 93.35% | 1,800,000 |
| 12 | To re-elect Temitope Lawani as a Director | 1,117,660,663 | 94.50 | 65,034,961 | 5.50 | 1,182,695,624 | 93.35% | 1,800,000 |
| 13 | To re-appoint PricewaterhouseCoopers LLP as the Company's auditor until the end of the next general meeting at which accounts are laid before the Company | 1,184,494,935 | 100.00 | 689 | 0.00 | 1,184,495,624 | 93.49% | 0 |
| 14 | To authorise the Audit and Risk Committee, for and on behalf of the Directors, to determine the remuneration of the auditor | 1,184,495,624 | 100.00 | 0 | 0.00 | 1,184,495,624 | 93.49% | 0 |
| 15 | To authorise the Directors to allot shares in the Company | 1,160,642,163 | 97.99 | 23,853,461 | 2.01 | 1,184,495,624 | 93.49% | 0 |
| 16 | To authorise the Directors to dis-apply pre‑emption rights* | 1,173,353,502 | 99.06 | 11,142,122 | 0.94 | 1,184,495,624 | 93.49% | 0 |
| 17 | To authorise the Directors to dis-apply pre‑emption rights up to a further 5 per cent for the purposes of financing an acquisition or other capital investment* | 1,136,786,189 | 95.97 | 47,706,434 | 4.03 | 1,184,492,623 | 93.49% | 3,001 |
| 18 | To authorise the Company to purchase its own shares* | 1,181,988,635 | 99.79 | 2,506,988 | 0.21 | 1,184,495,623 | 93.49% | 1 |
| 19 | To authorise political donations and expenditure | 1,110,760,626 | 93.96 | 71,462,897 | 6.04 | 1,182,223,523 | 93.31% | 2,272,101 |
| 20 | To authorise the Board to call general meetings (other than annual general meetings) on a minimum of 14 clear days' notice* | 1,142,091,252 | 96.42 | 42,404,271 | 3.58 | 1,184,495,523 | 93.49% | 101 |
* Special resolution
| VOTES EXCLUDING CONTROLLING SHAREHOLDERS ON THE RESOLUTIONS CONCERNING THE ELECTION OF THE INDEPENDENT NON-EXECUTIVE DIRECTORS | ||||||||
| Resolution | Votes For
| % For | Votes Against
| % Against
| Votes Total | % of Issued Share Capital Voted
| Votes Withheld | |
| 7 | To re-elect Thembalihle Hixonia Nyasulu as a Director | 722,286,953 | 99.24 | 5,507,741 | 0.76 | 727,794,694 | 57.44% | 0 |
| 8 | To re-elect Carol Arrowsmith as a Director | 722,286,953 | 99.24 | 5,507,741 | 0.76 | 727,794,694 | 57.44% | 0 |
| 9 | To re-elect Christopher Rogers as a Director | 718,030,113 | 98.66 | 9,764,581 | 1.34 | 727,794,694 | 57.44% | 0 |
| 10 | To re-elect Gawad Abaza as a Director | 722,286,953 | 99.24 | 5,507,741 | 0.76 | 727,794,694 | 57.44% | 0 |
Notes:
1. Any proxy appointments which gave discretion to the Chairman have been included in the 'For' total.
2. The total number of ordinary shares of US$0.50 in issue at 14 May 2021 was 1,266,941,899. Shareholders are entitled to one vote per share.
3. Total ordinary shares held by shareholders excluding the controlling shareholders at 14 May 2021 was 810,240,969.
4. A 'Vote withheld' is not a vote in law and is not counted towards the proportion of votes 'For' or 'Against' a resolution.
Copies of the Company's announcements are available on our website: https://investors.vivoenergy.com
In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business have been submitted to the UK Listing Authority and will shortly be available for inspection at the National Storage Mechanism document viewing facility at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
ENDS
For further information, please contact:
Minna Gonzalez-Gomez
Group Company Secretary
+44 2030 343 718
Minna.Gonzalez-Gomez@vivoenergy.com
About Vivo Energy:
Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of over 2,300 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services. It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including marine, mining, construction, power, transport, wholesalers and manufacturing. The Company employs around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity and has a joint venture, Shell and Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded lubricants.
Vivo Energy has its primary listing on the London Stock Exchange and secondary listing on the Johannesburg Stock Exchange.
For more information about Vivo Energy please visit www.vivoenergy.com
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