Igas Energy PLC Result of AGM (0084Z)

TIDMIGAS

RNS Number : 0084Z

Igas Energy PLC

14 May 2019

IGas Energy plc

14 May 2019

RESULT OF AGM

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 Tuesday 14 May 2019, 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 2018 
  together with 
  the reports 
  of the directors 
  and auditors               77,075,582   100.00   1,650       0.00   77,078,382   63.08    1,150 
                            -----------  -------  ----------  -----  -----------  -------  ---------- 
 2. To approve 
  the annual report 
  on remuneration 
  for the year 
  ended 31 December 
  2018                       77,029,216   99.94    45,926      0.06   77,075,142   63.08    3,240 
                            -----------  -------  ----------  -----  -----------  -------  ---------- 
 3. To re-elect 
  Stephen Bowler 
  as a director              77,046,032   99.96    30,560      0.04   77,076,592   63.08    1,790 
                            -----------  -------  ----------  -----  -----------  -------  ---------- 
 4. To re-elect 
  Cuth McDowell 
  as a director              77,065,845   99.99    10,707      0.01   77,076,552   63.08    1,830 
                            -----------  -------  ----------  -----  -----------  -------  ---------- 
 5. To re-appoint 
  PricewaterhouseCoopers 
  as auditors 
  and to authorise 
  the directors 
  to fix the remuneration    77,070,514   99.99    3,950       0.01   77,074,461   63.08    3,918 
                            -----------  -------  ----------  -----  -----------  -------  ---------- 
 6. To authorise 
  the Board to 
  allot shares               77,037,690   99.95    37,022      0.05   77,074,712   63.08    3,670 
                            -----------  -------  ----------  -----  -----------  -------  ---------- 
 7. To disapply 
  statutory pre-emption 
  rights                     70,585,260   94.03    4,482,019   5.97   75,067,279   61.43    2,011,103 
                            -----------  -------  ----------  -----  -----------  -------  ---------- 
 

As at the date of the AGM, the number of issued ordinary shares of the Company was 122,194,545 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 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.

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May 14, 2019 10:00 ET (14:00 GMT)