TIDMAPF
Anglo Pacific Group PLC: Results of Annual General Meeting
FOR: ANGLO PACIFIC GROUP PLC
LSE SYMBOL: APF
TSX SYMBOL: APY
April 19, 2012
Anglo Pacific Group PLC: Results of Annual General Meeting
LONDON, UNITED KINGDOM--(Marketwire - April 19, 2012) - Anglo Pacific Group PLC (the "Company") (LSE:APF)(TSX:APY)
announces that at the Annual General Meeting of the Company held on 19 April 2012 ordinary resolutions were passed
(unanimously) on a show of hands to approve a final dividend of 5.50p per share and to authorise the directors to offer
scrip dividends and to allot shares in the Company pursuant to section 551 of the Companies Act 2006. A special
resolution to authorise the Company to make one or more market purchases of its own shares was also passed (unanimously)
on a show of hands.
A special resolution to authorise the directors to allot equity securities or sell treasury shares up to 10% of the
Company's issued ordinary share capital for cash without first offering them to existing shareholders in proportion to
their existing holdings was put to a poll and not passed. 33,032,680 votes were cast "for" the resolution, 15,588,052
votes were cast "against" the resolution and 933,844 votes were "withheld", meaning that only 67.94% of shareholder
votes were "for" the resolution. As the resolution was a special resolution, 75% of shareholder votes "for" the
resolution were required in order for it to be passed.
The directors were seeking to continue the greater flexibility to manage the Company's capital requirements either
through a deal driven fund raising or a scrip-based acquisition that the 10% limit granted at the last two Annual
General Meetings had afforded them. The directors recognise that the votes against this resolution were largely as a
result of shareholders' increasing concerns that the authority requested exceeded the 5% limit recommended by the
institutional investor guidelines. The directors believe that some flexibility is still required and are considering
putting a resolution before shareholders to request a similar authority, but with a 5% limit.
Full details of the proxy votes received from shareholders prior to the meeting for each resolution are set out below
and will also be available on the Company's website. A copy of the resolutions passed at the Annual General Meeting that
the Company considers to be non-routine business will be submitted to the UK Listing Authority's National Storage
Mechanism and will be available to view at www.hemscott.com/nsm.do.
/T/
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% of Votes % of Votes
Resolution Votes for vote against vote withheld
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1) Annual Report and Accounts 48,234,133 99.04 466,638 0.96 834,044
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2) Approve Remuneration
Report 38,854,226 82.28 8,370,066 17.72 2,310,523
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3) Approve final dividend 49,534,816 100 0 0 0
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4) Re-elect M.H. Atkinson 48,910,795 98.74 624,021 1.26 0
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5) Re-elect P.M. Boycott 48,751,919 98.70 644,247 1.30 138,649
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6) Re-elect A.C. Orchard 48,204,432 97.31 1,330,384 2.69 0
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7) Re-elect J. Theobald 48,902,461 98.72 632,355 1.28 0
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8) Re-elect J.G. Whellock 47,897,636 98.25 853,340 1.75 783,839
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9) Re-elect B.M. Wides 48,898,180 98.71 636,636 1.29 0
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10) Re-elect A.H. Yadgaroff 48,019,355 98.50 731,621 1.50 783,839
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11) Re-appoint Auditors 49,531,692 100 0 0 3,124
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12) Authorise Auditors'
Remuneration 49,516,895 99.97 15,621 0.03 2,300
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13) Authority to offer scrip
dividend 49,507,731 99.96 20,000 0.04 7,085
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14) Authority to allot shares 48,526,894 97.97 1,007,922 2.03 0
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15) Disapplication of pre-
emption rights 33,028,757 67.96 15,572,214 32.04 933,844
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16) Authority to purchase own
shares 49,468,130 99.87 65,686 0.13 1,000
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Notes:
(i) Resolutions 1 to 14 were ordinary resolutions, requiring more than
50% of shareholder votes to be "for" the resolutions.
(ii) Resolutions 15 and 16 were special resolutions, requiring not less
than 75% of shareholder votes to be "for" the resolutions.
(iii) Any proxy appointments which gave discretion to the Chairman have
been included in the "for" total.
(iv) A vote "withheld" is not a vote in law and is not counted in the
calculation of the proportion of the votes "for" and "against" a
resolution.
/T/
Notes to editors:
About Anglo Pacific Group PLC
Anglo Pacific Group PLC is a global natural resources royalties company. The Company's strategy is to expand its mineral
royalty interests in low-cost, long-life mining assets. The Company achieves this through both direct acquisition and
investment in projects at the development and production stage. It is a continuing policy of the Company to pay a
substantial proportion of these royalties to shareholders as dividends.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Anglo Pacific Group PLC
Peter Boycott
Chairman
+44 (0) 20 3435 7400
OR
Anglo Pacific Group PLC
John Theobald
Chief Executive Officer
+44 (0) 20 3435 7400
OR
Anglo Pacific Group PLC
Peter Mason
Company Secretary
+44 (0) 20 3435 7400
www.anglopacificgroup.com
OR
Liberum Capital
Christopher Kololian
+44 (0) 20 3100 2000
OR
Liberum Capital
Chris Bowman
+44 (0) 20 3100 2000
OR
Pelham Bell Pottinger
Lorna Spears
+44 (0) 20 7861 3232
OR
Pelham Bell Pottinger
James MacFarlane
+44 (0) 20 7861 3232
Anglo Pacific Group Plc
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