Petrofac Limited Result of AGM (0761Y)

TIDMPFC

RNS Number : 0761Y

Petrofac Limited

03 May 2019

3 May 2019

PETROFAC LIMITED

(the "Company")

RESULTS OF ANNUAL GENERAL MEETING

The Company hereby confirms that all resolutions set out in the Notice of Meeting for the Annual General Meeting of Petrofac Limited held on 3 May 2019 were duly passed by shareholders on a poll.

The total number of votes cast for each resolution is as follows:

 
 No.   Resolution                       In Favour      %*      Against      %*     Withheld 
                                        /Discretion 
----  ------------------------------  -------------  ------  -----------  -----  ----------- 
 1     Report and Accounts              233,053,679   99.99       12,722   0.01      166,958 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
 2     Final dividend                   232,085,977   99.51    1,139,276   0.49        8,106 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
 3     Annual Report on Remuneration    223,214,786   95.72    9,981,051   4.28       37,521 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Appoint Francesca Di 
        Carlo as a Non-executive 
 4      Director                        233,155,125   99.98       56,805   0.02       21,429 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Re-appoint René 
        Médori as Non-executive 
 5      Chairman                        228,614,268   98.97    2,370,846   1.03    2,248,244 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Re-appoint Andrea Abt 
        as a Non-executive 
 6      Director                        232,821,610   99.87      305,573   0.13      106,176 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Re-appoint Sara Akbar 
        as a Non-executive 
 7      Director                        232,682,138   99.98       43,595   0.02      507,625 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Re-appoint Matthias 
        Bichsel as a Non-executive 
 8      Director                        226,337,162   97.24    6,435,217   2.76      460,979 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Re-appoint David Davies 
        as a Non-executive 
 9      Director                        225,878,561   96.89    7,248,838   3.11      105,959 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Re-appoint George Pierson 
        as a Non-executive 
 10     Director                        231,541,388   99.49    1,183,841   0.51      508,129 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Re-appoint Ayman Asfari 
 11     as an Executive Director        190,613,523   94.40   11,312,932   5.60   31,306,903 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Re-appoint Alastair 
        Cochran as an Executive 
 12     Director                        233,126,121   99.97       75,507   0.03       31,731 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Re-appoint Ernst & 
 13     Young as auditors               231,884,580   99.43    1,332,809   0.57       15,969 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Authorise directors 
        to fix the auditors' 
 14     remuneration                    233,122,948   99.96       98,093   0.04       12,318 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Directors' authority 
 15     to allot shares                 233,180,300   99.98       42,185   0.02       10,874 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
 16    Pre-emption rights               233,067,134   99.94      148,055   0.06       18,170 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Directors' authority 
 17     to purchase own shares          232,722,706   99.80      458,011   0.20       52,641 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
       Short notice period 
 18     for general meetings            227,141,938   97.39    6,076,550   2.61       14,871 
      ------------------------------  -------------  ------  -----------  -----  ----------- 
 

* percentage of votes cast excludes withheld votes.

The number of shares in issue at the date of the Meeting was 345,912,747 ordinary shares of US$0.02 each in the Company (the "Shares") and each Share attracted one vote. The total number of votes cast was 233,233,358 (67.4% of the share register).

The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website, www.petrofac.com. Resolutions 15 to 18 were passed as special business resolutions. Copies of these resolutions have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

For further information contact:

Petrofac Limited

[phone]

LEI 2138004624W8CKCSJ177

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May 03, 2019 09:18 ET (13:18 GMT)