88 Energy Limited Result of AGM (9617Y)

TIDM88E

RNS Number : 9617Y

88 Energy Limited

09 March 2017

ANNUAL GENERAL MEETING RESULTS

In accordance with Listing Rule 3.13.2 and Section 251AA of the Corporations Act, the attached information is provided in relation to the resolutions passed by the members of 88 Energy Limited (ASX: 88E; AIM: 88E, "88 Energy", "Company") at its Annual General Meeting held on 09 March 2017.

The instructions given to validly appointed proxies in respect of each resolution were as follows:

Resolution 1: Adoption of Remuneration Report

 
     FOR        AGAINST       OPEN       ABSTAIN 
 194,129,269   88,691,766   8,167,649   5,613,012 
 
 

The motion was carried as an ordinary resolution on a poll.

Resolution 2: Re-election of Mr Stephen Staley as a Director

 
     FOR        AGAINST      OPEN       ABSTAIN 
 297,674,273   1,526,867   9,417,649   9,287,463 
 
 

The motion was carried as an ordinary resolution on a show of hands.

Resolution 3: Approval of 10% Placement Capacity

 
     FOR        AGAINST       OPEN       ABSTAIN 
 272,829,104   29,558,099   8,167,649   7,351,401 
 
 

The motion was carried as a special resolution on a show of hands.

Resolution 4: Ratification of Prior Issue of Placement Shares

 
     FOR        AGAINST       OPEN       ABSTAIN 
 291,535,906   12,867,260   9,664,604   3,838,484 
 
 

The motion was carried as an ordinary resolution on a show of hands.

Resolution 5: Ratification of Prior Issue of Placement Options

 
     FOR        AGAINST       OPEN       ABSTAIN 
 269,953,086   19,627,036   8,167,649   20,158,484 
 
 

The motion was carried as an ordinary resolution on a show of hands.

Resolution 6: Ratification of Prior Issue of Agent Options

 
     FOR        AGAINST       OPEN       ABSTAIN 
 263,895,760   22,312,869   8,174,607   23,523,020 
 
 

The motion was carried as an ordinary resolution on a show of hands.

Resolution 7: Issue of Options under Scheme - Michael Evans

 
     FOR         AGAINST       OPEN       ABSTAIN 
 167,879,890   116,364,541   8,167,649   4,189,622 
 
 

The motion was carried as an ordinary resolution on a show of hands.

Resolution 8: Issue of Options under Scheme - David Wall

 
     FOR        AGAINST       OPEN       ABSTAIN 
 239,754,035   45,393,397   8,266,058   3,188,213 
 
 

The motion was carried as an ordinary resolution on a show of hands.

Resolution 9: Issue of Options under Scheme - Stephen Staley

 
     FOR         AGAINST       OPEN       ABSTAIN 
 163,023,183   116,327,583   8,246,058   9,004,880 
 
 

The motion was carried as an ordinary resolution on a show of hands.

Resolution 10: Issue of Options under Scheme - Brent Villemarette

 
     FOR         AGAINST       OPEN       ABSTAIN 
 164,317,484   116,464,541   8,246,058   7,572,722 
 
 

The motion was carried as an ordinary resolution on a show of hands.

Media and Investor Relations:

 
 Australia 
 
 88 Energy Ltd 
 [e-mail] 
  [phone] 
 
 Hartleys Limited 
 As Corporate Advisor 
 Mr Dale Bryan 
  [phone] 
 
 United Kingdom 
 
 Cenkos Securities Plc 
 As Nominated Adviser 
 Mr Neil McDonald             Mr Derrick Lee 
 Tel: [phone] /   Tel: [phone] / 
  [phone]          [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 09, 2017 02:31 ET (07:31 GMT)