Hunting PLC Results of Annual General Meeting (3437C)

TIDMHTG

RNS Number : 3437C

Hunting PLC

12 April 2017

 
 For immediate release   12 April 2017 
 

Hunting PLC

("Hunting" or "the Company")

Results of Annual General Meeting

Hunting PLC (LSE:HTG) announces the results of voting on the resolutions at its Annual General Meeting ("AGM") held on Wednesday, 12 April 2017, as set out in the AGM notice.

Voting at the AGM was completed by way of a poll.

All resolutions were passed by the required majority, with the exception of resolution 3 which was withdrawn prior to the meeting.

Resolutions 1 to 13 as ordinary resolutions and resolutions 14 to 17 as special resolutions were passed. The result of the poll is outlined in the table below:

 
       Resolution                                     For       %      Against      %   Votes Withheld 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To receive the 2016 Annual 
 1.     Report.                               119,191,857   99.70      355,738   0.30          912,710 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To approve the Director's 
 2.     Remuneration Policy.                  115,509,628   96.39    4,324,601   3.61          626,075 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
 3.    To approve the Remuneration                                   WITHDRAWN 
        Committee's exercise of 
        discretion for awards under 
        the Hunting Performance 
        Share Plan. 
----  -------------------------------------  --------------------------------------------------------- 
       To approve the Annual Report 
 4.     on Remuneration.                      115,967,259   96.77    3,866,581   3.23          626,464 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To re-elect Richard Hunting 
 5.     as a Director.                        112,083,574   94.54    6,470,474   5.46        1,906,256 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To re-elect Annell Bay as 
 6.     a Director.                           120,124,400   99.72      335,163   0.28              742 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To re-elect John Glick as 
 7.     a Director                            120,132,986   99.73      324,077   0.27            3,242 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To re-elect John Hofmeister 
 8.     as a Director.                        117,494,504   97.54    2,965,059   2.46              742 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To re-elect John Nicholas 
 9.     as a Director.                        118,942,735   98.74    1,515,328   1.26            2,242 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To re-elect Dennis Proctor 
 10.    as a Director.                        118,312,566   98.22    2,146,997   1.78              742 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To re-elect Peter Rose as 
 11.    a Director.                           118,657,353   98.50    1,802,210   1.50              742 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To re-appoint PricewaterhouseCoopers 
        LLP as auditors and authorise 
        the Audit Committee to determine 
 12.    their remuneration.                   118,640,441   98.49    1,817,590   1.51            2,274 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To authorise the Directors 
 13.    to allot shares.                      115,880,719   97.41    3,080,853   2.59        1,498,733 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To authorise the Directors 
        to disapply pre-emption 
 14.    rights.                               119,798,338   99.97       32,453   0.03          629,514 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To authorise the Directors 
        to disapply additional pre-emption 
 15.    rights.                               113,911,964   95.06    5,917,877   4.94          630,464 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To authorise the Company 
        to make market purchases 
 16.    of its own shares.                    116,756,486   97.12    3,456,567   2.88          247,252 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
       To authorise 14 clear days' 
        notice periods for General 
        Meetings (other than an 
 17.    AGM).                                 109,109,548   90.58   11,350,300   9.42              456 
----  -------------------------------------  ------------  ------  -----------  -----  --------------- 
 

A "Vote Withheld" is not a vote in law and is not counted in the calculation of proportion of votes "For" or "Against" a resolution.

As at the date of the AGM, the number of issued shares of the Company was 163,739,686 Ordinary shares of 25p each.

The total number of votes cast by poll, including 'Votes Withheld', was 120,460,305; % of poll votes cast was 73.6%.

In accordance with Listing Rules 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the UK Listing Authority ("UKLA"), via the National Storage Mechanism, which can be accessed at www.hemscott.com/nsm.do.

For further information please contact:

 
 Hunting PLC                         Tel: [phone] 
  Dennis Proctor, Chief Executive 
  Peter Rose, Finance Director 
  Tarryn Riley, Investor Relations 
 Buchanan                            Tel: [phone] 
  Richard Darby 
  Chris Judd 
  Madeleine Seacombe 
 

Notes to Editors:

About Hunting PLC

Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a premium listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has operations in Canada, China, Indonesia, Kenya, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, South Africa, United Arab Emirates and the United States of America.

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.

This information is provided by RNS

The company news service from the London Stock Exchange

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April 12, 2017 07:06 ET (11:06 GMT)