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Igas Energy PLC - Result of AGM

RNS Number : 1533P
Igas Energy PLC
05 June 2020
 

5 June 2020

IGas Energy plc (AIM: IGAS)

("IGas" or "the Company")

 

RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING (AGM)

 

IGas announces the result of voting on the resolutions at its AGM held today, Friday 5 June 2020, as set out in the AGM notice.

A poll was held on each of the resolutions and was passed by the required majority.  Resolutions 1 to 7 were passed as ordinary resolutions, Resolutions 8 to 11 were passed as special resolutions.  The results of the poll were as follows:

 

RESOLUTIONS

VOTES
FOR

%

VOTES
AGAINST

%

VOTES
TOTAL

% of ISC VOTED

VOTES
WITHHELD

1.To receive the Company's annual report and accounts for the financial year ended 31 December 2019 together with the reports of the directors and auditors

76,277,037

99.99

5,240

0.01

76,282,277

62.26%

1,530

2. To approve the annual report on remuneration for the year ended 31 December 2019

76,229,788

99.93

50,034

0.07

76,279,822

62.25%

3,985

3. To re-elect Philip Jackson as a director

75,356,091

98.79

923,475

1.21

76,279,566

62.25%

4,241

4. To re-elect Tushar Kumar as a director

75,345,661

98.78

933,215

1.22

76,278,876

62.25%

4,931

5. To re-elect Hans Arstad as a director

76,210,360

99.94

45,582

0.06

76,255,942

62.23%

27,865

6. To re-appoint PricewaterhouseCoopers as auditors and to authorise the directors to fix the remuneration

76,231,204

99.94

44,722

0.06

76,275,926

62.25%

7,761

7. To authorise the Board to allot shares

76,236,783

99.95

40,664

0.05

76,277,447

62.25%

6,360

8. To disapply statutory pre-emption rights

75,347,720

99.82

133,738

0.18

75,481,458

61.60%

802,349

9. To make purchases of own shares

76,242,893

99.95

39,484

0.05

76,282,377

62.26%

1,430

10. To cancel certain deferred shares and entire amount standing to the credit of the share premium account

76,214,149

99.94

44,514

0.06

76,258,663

62.24%

25,135

11. To adopt new articles of association

76,233,922

99.95

39,992

0.05

76,273,914

62.25%

9,893

 

As at the date of the AGM, the number of issued ordinary shares of the Company was 122,530,246 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions. In accordance with the Company's Articles of Association, on a poll every member has one vote for every share held.  Votes withheld are not votes in law and have not been counted in the calculation of the proportion of vote "for" or "against" a resolution.  Proxy appointments which gave discretion to the Chairman have been included in the "for" total.

The poll results will also be posted on the Company's website.

 

For further information please contact:

IGas Energy plc                 Tel: +44 (0)20 7993 9899

Stephen Bowler, Chief Executive Officer

Julian Tedder, Chief Financial Officer

Ann-marie Wilkinson, Director of Corporate Affairs

 

Investec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44 (0)20 7597 5970

Sara Hale/Jeremy Ellis/Tejas Padalkar

 

BMO Capital Markets (Joint Corporate Broker) Tel: +44 (0)20 7653 4000

Tom Rider/Neil Elliot

 

Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor/James Asensio

 

Vigo Communications   Tel: +44 (0)20 7390 0230

Patrick d'Ancona/Chris McMahon 

 


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 [email protected] or visit www.rns.com.
 
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