Igas Energy PLC Result of AGM (5353N)

TIDMIGAS

RNS Number : 5353N

Igas Energy PLC

09 May 2018

IGas Energy plc

9 May 2018

RESULT OF AGM

ALL RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

IGas Energy plc (the "Company") announces the result of voting on the resolutions at its Annual General Meeting ("AGM") held on Wednesday 9 May 2018, as set out in the AGM notice.

A poll was held on each of the resolutions and was passed by the required majority. Resolutions 1 to 6 were passed as ordinary resolutions, Resolution 7 was passed as a special resolution. The results of the poll were as follows:

 
 RESOLUTION                 VOTES        %        VOTES      %      VOTES        % of     VOTES 
                             FOR                   AGAINST           TOTAL        ISC      WITHHELD 
                                                                                  VOTED 
-------------------------  -----------  -------  ---------  -----  -----------  -------  ---------------- 
 1. To receive 
  the Company's 
  annual report 
  and accounts 
  for the financial 
  year ended 
  31 December 
  2017 together 
  with the 
  reports of 
  the directors 
  and auditors              54,502,178   100.00   1,280      0.00   54,503,458   44.67%    1,220 
-------------------------  -----------  -------  ---------  -----  -----------  -------  ---------------- 
 2. To approve 
  the annual 
  report on 
  remuneration 
  for the year 
  ended 31 
  December 
  2017                      54,457,987   99.92    41,366     0.08   54,499,353   44.67%             5,325 
-------------------------  -----------  -------  ---------  -----  -----------  -------  ---------------- 
 3. To re-elect 
  Stephen Bowler 
  as a director             54,494,503   99.99    5,420      0.01   54,499,923   44.67%             4,755 
-------------------------  -----------  -------  ---------  -----  -----------  -------  ---------------- 
 4. To re-elect 
  Cuth McDowell 
  as a director             54,472,643   99.95    27,280     0.05   54,499,923   44.67%             4,755 
-------------------------  -----------  -------  ---------  -----  -----------  -------  ---------------- 
 5. To re-appoint 
  PricewaterhouseCoopers 
  as auditors 
  and to authorise 
  the directors 
  to fix the 
  remuneration              54,496,792   99.99    4,540      0.01   54,501,332   44.67%             3,226 
-------------------------  -----------  -------  ---------  -----  -----------  -------  ---------------- 
 6. To authorise 
  the Board 
  to allot 
  shares                    54,456,837   99.92    41,566     0.08   54,498,403   44.67%             6,275 
-------------------------  -----------  -------  ---------  -----  -----------  -------  ---------------- 
 7. To disapply 
  statutory 
  pre-emption 
  rights                    54,455,347   99.92    42,070     0.08   54,497,417   44.67%   7,261 
-------------------------  -----------  -------  ---------  -----  -----------  -------  ---------------- 
 

As at the date of the AGM, the number of issued ordinary shares of the Company was 122,005,592 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions. In accordance with the Company's Articles of Association, on a poll every member has one vote for every share held. Votes withheld are not votes in law and have not been counted in the calculation of the proportion of vote "for" or "against" a resolution. Proxy appointments which gave discretion to the Chairman have been included in the "for" total.

There were no restrictions on any shareholder casting votes on any of the resolutions proposed at the AGM. The scrutineer of the poll was Computershare Investor Services Plc, the Company's Registrars.

For further information please contact:

IGas Energy plc

Tel: [phone]

Stephen Bowler, Chief Executive Officer

Julian Tedder, Chief Financial Officer

Ann-marie Wilkinson, Director of Corporate Affairs

Investec Bank plc (NOMAD and Joint Corporate Broker)

Tel: [phone]

Sara Hale/Jeremy Ellis/Neil Coleman

Canaccord Genuity (Joint Corporate Broker)

Tel: [phone]

Henry Fitzgerald-O'Connor

Vigo Communications

Tel: [phone]

Patrick d'Ancona/Chris McMahon

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 09, 2018 08:45 ET (12:45 GMT)