Sterling Energy PLC Result of AGM (1327X)

TIDMSEY

RNS Number : 1327X

Sterling Energy PLC

25 April 2019

STERLING ENERGY PLC

Result of 2019 Annual General Meeting

Sterling Energy Plc ("Sterling" or the "Company"), the AIM listed oil and gas exploration company with a high potential exploration asset in Somaliland and an active strategy to deliver shareholder value through disciplined, exploration and production projects, advises that at its AGM held today all resolutions were passed unanimously on a show of hands.

Prior to the meeting the following proxy votes were received by the Company from shareholders:

 
 Resolution                                      For                     Against           Withheld 
                                       No. of shares   % of      No. of shares   % of 
                                                        votes*                    votes* 
                                      --------------  --------  --------------  --------  --------- 
 Ordinary Resolutions 
      To receive and adopt the 
 1.    Annual Report 2018                103,655,209     99.97          34,059      0.03          0 
     -------------------------------  --------------  --------  --------------  --------  --------- 
      To approve the Audit Committee 
 2.    Report                            103,654,569     99.97          34,059      0.03        640 
     -------------------------------  --------------  --------  --------------  --------  --------- 
 3.   To re-appoint the Auditors         103,654,569     99.97          34,539      0.03        160 
     -------------------------------  --------------  --------  --------------  --------  --------- 
      To authorise the Directors 
       to determine the remuneration 
 4.    of the auditors                   103,654,800     99.97          34,468      0.03          0 
     -------------------------------  --------------  --------  --------------  --------  --------- 
      To elect David Marshall 
 5.    as a Director                     103,651,160     99.96          35,588      0.03          0 
     -------------------------------  --------------  --------  --------------  --------  --------- 
      To authorise the Directors 
 6.    to allot shares                   103,650,649     99.96          36,099      0.03          0 
     -------------------------------  --------------  --------  --------------  --------  --------- 
 Special Resolutions 
      To disapply pre-emption 
 7.    rights                            103,619,124     99.92          67,499      0.07        125 
     -------------------------------  --------------  --------  --------------  --------  --------- 
      To disapply pre-emption 
       rights in additional limited 
 8.    circumstances                     103,630,524     99.94          56,099      0.05        125 
     -------------------------------  --------------  --------  --------------  --------  --------- 
      To authorise the Company 
       to make market purchases 
 9.    of its own shares                 103,634,546     99.94          52,202      0.05          0 
     -------------------------------  --------------  --------  --------------  --------  --------- 
 
   --          NB percentage of votes cast excludes Withheld votes 
 
 
 
 
 
 Sterling Energy Plc               Tel: [phone] 
 
 David Marshall, Chief Executive 
  Officer 
  Michael Kroupeev (Chairman) 
 
 Peel Hunt LLP                     Tel: [phone] 
 
 Richard Crichton 
  James Bavister 
 
  www.sterlingenergyplc.com          Ticker Symbol: SEY 
 

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April 25, 2019 08:36 ET (12:36 GMT)