Cairn Energy PLC Result of AGM (4493Z)

TIDMCNE

RNS Number : 4493Z

Cairn Energy PLC

17 May 2019

FOR IMMEDIATE RELEASE 17 May 2019

CAIRN ENERGY PLC ("Cairn" or "the Company")

Voting Results of Annual General Meeting

1. Results of Annual General Meeting 2019

Cairn 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                  483,434,616     100.00         12,685     0.00     483,447,301        432,843 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 2 
  Remuneration 
  report                      465,053,278      96.11     18,802,383     3.89     483,855,661         24,483 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 3 
  Re-appointment 
  of auditor                  480,531,727      99.98         93,281     0.02     480,625,008      3,255,136 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 4 
  Auditor's remuneration      483,787,653      99.98         83,879     0.02     483,871,532          8,612 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 5 
  Re-election 
  of 
  Ian Tyler                   448,534,240      94.70     25,097,411     5.30     473,631,651     10,248,493 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 6 
  Re-election 
  of 
  Todd Hunt                   473,092,211      97.77     10,782,537     2.23     483,874,748          5,396 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 7 
  Re-election 
  of 
  Keith Lough                 477,198,348      98.62      6,676,081     1.38     483,874,429          5,715 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 8 
  Re-election 
  of 
  Peter Kallos                477,197,624      98.62      6,675,805     1.38     483,873,429          6,715 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 9 
  Re-election 
  of 
  Nicoletta Giadrossi         446,872,666      92.35     36,999,906     7.65     483,872,572          7,572 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 10 
  Re-election 
  of 
  Simon Thomson               475,231,121      98.21      8,642,877     1.79     483,873,998          6,146 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 11 
  Re-election 
  of 
  James Smith                 477,631,344      98.71      6,243,404     1.29     483,874,748          5,396 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 12 
  Authority to 
  allot shares                474,475,579      98.06      9,377,234     1.94     483,852,813         27,331 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 Resolution 13*** 
  Disapplication 
  of pre-emption 
  rights                      483,778,549      99.99         53,038     0.01     483,831,587         48,557 
                           --------------  ---------  -------------  -------  --------------  ------------- 
 
 
 Resolution 14*** 
  Disapplication 
  of pre-emption 
  rights                   469,529,770     97.04     14,300,060     2.96     483,829,830     50,314 
 Resolution 15*** 
  Authority to 
  purchase own 
  shares                   479,237,490     99.06      4,562,971     0.94     483,800,461     79,683 
                        --------------  --------  -------------  -------  --------------  --------- 
 Resolution 16*** 
  14 days' notice 
  of general meetings      468,259,835     96.77     15,608,274     3.23     483,868,109     12,035 
                        --------------  --------  -------------  -------  --------------  --------- 
 

* 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 has today submitted to the National Storage Mechanism (NSM) copies of Resolutions passed at the Annual General Meeting concerning items other than ordinary business. These documents will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

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.cairnenergy.com.

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 [e-mail] or visit www.rns.com.

END

RAGEADSXFFSNEFF

(END) Dow Jones Newswires

May 17, 2019 09:18 ET (13:18 GMT)