FOR IMMEDIATE RELEASE 26 June 2023
CAPRICORN ENERGY PLC ("Capricorn" or "the Company")
1. Results of Annual General Meeting 2023
Capricorn announces that at the 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 in the table below. Each shareholder, present in person or by proxy, was entitled to one vote per share held.
| RESOLUTION | FOR* | % | AGAINST | % | TOTAL | WITHHELD** | |||
| Resolution 1 Annual Report & Accounts | 103,228,943 | 99.98 | 17,430 | 0.02 | 103,246,373 | 60,765 | |||
| Resolution 2 Remuneration report | 102,612,230 | 99.35 | 670,014 | 0.65 | 103,282,244 | 24,894 | |||
| Resolution 3 Remuneration policy | 102,605,294 | 99.33 | 689,037 | 0.67 | 103,294,331 | 8,819 | |||
| Resolution 4 Re-appointment of auditor | 103,279,141 | 99.98 | 17,847 | 0.02 | 103,296,988 | 10,150 | |||
| Resolution 5 Auditor's remuneration | 103,279,935 | 99.98 | 18,378 | 0.02 | 103,298,313 | 8,825 | |||
| Resolution 6 Re-election of Craig van der Laan | 102,750,945 | 99.50 | 519,671 | 0.50 | 103,270,616 | 36,522 | |||
| Resolution 7 Re-election of Randall Neely | 103,150,470 | 99.88 | 120,256 | 0.12 | 103,270,726 | 36,412 | |||
| Resolution 8 Re-election of Maria Gordon | 102,854,559 | 99.59 | 421,004 | 0.41 | 103,275,563 | 31,575 | |||
| Resolution 9 Re-election of Richard Herbert | 98,194,544 | 95.08 | 5,080,894 | 4.92 | 103,275,438 | 31,700 | |||
| Resolution 10 Re-election of Hesham Mekawi | 102,840,601 | 99.58 | 434,729 | 0.42 | 103,275,330 | 31,808 | |||
| Resolution 11 Re-election of Tom Pitts | 99,963,903 | 96.80 | 3,306,822 | 3.20 | 103,270,725 | 36,413 | |||
| Resolution 12 Election of Patrice Merrin | 102,975,457 | 99.71 | 295,269 | 0.29 | 103,270,726 | 36,412 | |||
| Resolution 13 Authority to allot shares | 102,890,718 | 99.61 | 407,508 | 0.39 | 103,298,226 | 8,912 | |||
| Resolution 14*** Disapplication of pre-emption rights | 103,196,169 | 99.90 | 101,243 | 0.10 | 103,297,412 | 9,726 | |||
| Resolution 15*** Disapplication of pre-emption rights | 103,198,454 | 99.91 | 97,409 | 0.09 | 103,295,863 | 11,275 | |||
| Resolution 16*** Authority to purchase own shares | 102,681,561 | 99.41 | 611,996 | 0.59 | 103,293,557 | 13,581 | |||
| Resolution 17*** 14 days' notice of general meetings | 102,108,868 | 98.85 | 1,192,856 | 1.15 | 103,301,724 | 5,414 | |||
| Resolution 18*** Adoption of new articles of association | 103,249,415 | 99.96 | 41,110 | 0.04 | 103,290,525 | 16,613 | |||
* Includes discretionary votes.
** A vote withheld is not a vote in law and is not counted for the purposes of the calculation of the proportion of votes 'For' and 'Against' a resolution.
*** Indicates a Special Resolution.
2. Resolutions Submitted to NSM
The Company will submit to the National Storage Mechanism (NSM) copies of the resolutions passed at the Annual General Meeting concerning items other than ordinary business. The NSM can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The resolutions carried at the Annual General Meeting are set out in full in the Notice of Annual General Meeting which can be found on the Company's website at www.capricornenergy.com
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