Hunting PLC Results of Annual General Meeting (2130W)

TIDMHTG

RNS Number : 2130W

Hunting PLC

21 April 2021

 
 For immediate release   21 April 2021 
 

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 as a closed meeting on Wednesday, 21 April 2021, as set out in the Notice of AGM. Voting at the AGM was completed by way of a poll.

The shareholders (or their proxies) were not permitted to attend the meeting physically. The attendance at the meeting was limited to a quorum of two shareholders, who comprised a Director and the Company Secretary.

The Directors made available to shareholders the ability to submit questions ahead of the AGM. These questions were answered in the form of a presentation delivered via webcast at the start of the meeting. A recording of the meeting will shortly be available on the Company's website.

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

 
       Resolution                               For        %      Against        %   Votes Withheld 
       To receive the 2020 Annual 
 1.     Report.                         132,620,197   99.99%       15,582    0.01%          510,457 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To approve Directors' 
 2.     Remuneration Policy.            122,544,114   92.04%   10,600,216    7.96%            1,906 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To approve the Annual 
 3.     Report on Remuneration.         107,960,247   81.28%   24,857,711   18.72%          328,278 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To declare a Final Dividend 
 4.     of 4.0 cents per share.         128,999,312   96.89%    4,146,624    3.11%              300 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To re-elect Annell Bay 
 5.     as a Director.                  126,797,795   95.63%    5,796,431    4.37%          552,010 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To re-elect Carol Chesney 
 6.     as a Director.                  131,804,286   99.41%      786,763    0.59%          555,187 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To re-elect Bruce Ferguson 
 7.     as a Director.                  132,118,657   99.64%      475,319    0.36%          552,260 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To re-elect Jay Glick 
 8.     as a Director.                  126,312,814   98.63%    1,757,051    1.37%        5,076,371 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To re-elect Richard Hunting 
 9.     as a Director.                  131,210,953   98.96%    1,384,523    1.04%          550,760 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To re-elect Jim Johnson 
 10.    as a Director.                  131,800,138   99.65%      468,616    0.35%          877,482 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To re-elect Keith Lough 
 11.    as a Director.                  132,325,711   99.80%      265,338    0.20%          555,187 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To re-appoint Deloitte 
        LLP as auditors and authorise 
        the Audit Committee to 
 12.    determine their remuneration.   133,076,481   99.96%       55,005    0.04%           14,750 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To authorise the Directors 
 13.    to allot shares.                132,292,337   99.36%      850,135    0.64%            3,764 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To generally authorise 
        the Directors to disapply 
 14.    pre-emption rights.             132,468,571   99.55%      596,037    0.45%           81,628 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To authorise the Directors 
        to disapply additional 
 15.    pre-emption rights.             121,678,589   91.44%   11,384,114    8.56%           83,533 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To authorise the Company 
        to make market purchases 
 16.    of its own shares.              132,679,454   99.72%      367,687    0.28%           99,095 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
       To authorise 14 clear 
        days' notice periods for 
        General Meetings (other 
 17.    than an AGM).                   131,784,069   98.98%    1,360,667    1.02%            1,500 
      -------------------------------  ------------  -------  -----------  -------  --------------- 
 

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 164,940,082 Ordinary shares of 25p each.

The total number of votes cast by poll, including 'Votes Withheld', was 133,146,236, being 80.72% of the total issued share capital.

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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

For further information please contact:

 
 Hunting PLC                         Tel: [phone] 
  Jim Johnson, Chief Executive 
  Bruce Ferguson, Finance Director 
  Tarryn Riley, Investor Relations 
 Buchanan                            Tel: [phone] 
  Ben Romney 
  Chris Judd 
 

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, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, United Arab Emirates and the United States of America.

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.

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April 21, 2021 11:30 ET (15:30 GMT)