logo-loader
RNS
viewSterling Energy plc

Sterling Energy PLC - Result of AGM

RNS Number : 1041R
Sterling Energy PLC
25 June 2020
 

 

 

25 June 2020

 

STERLING ENERGY PLC

 

Result of 2020 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 votes*

No. of shares

% of votes*


Ordinary Resolutions

1.

To receive and adopt the Annual Report and Accounts for 2019

 

89,342,580

99.98%

243

0.00%

10,000

2.

To approve the Audit Committee Report

89,342,557

99.98%

266

0.00%

10,000

3.

To re-appoint the Auditors

 

89,339,355

99.98%

 

3,468

0.00%

10,000

4.

To authorise the Directors to determine the remuneration of the auditors

89,339,355

99.98%

3,468

0.00%

10,000

5.

To re-elect Michael Kroupeev as a Director

 

89,337,224

99.98%

14,824

0.01%

775

6.

To re-elect Leo Koot as a Director

89,333,724

99.97%

18,324

0.02%

775

7.

To re-elect Ilya Belyaev as a Director

89,333,724

99.97%

18,324

0.02%

775

8.

To authorise the Directors to allot shares

89,323,517

99.96%

18,970

0.02%

10,336

Special Resolutions

9.

To disapply pre-emption rights

 

89,324,163

99.96%

18,324

0.02%

10,336

10.

To disapply pre-emption rights in additional limited circumstances

89,324,163

99.96%

18,324

0.02%

10,336

11.

To authorise the Company to make market purchases of its own shares

89,351,909

99.99%

906

0.00%

8

 

·          NB percentage of votes cast excludes Withheld votes

 

 








Sterling Energy Plc

Tel: +44 (0) 20 7405 4133



David Marshall, Chief Executive Officer

Michael Kroupeev (Chairman)




Peel Hunt LLP

Richard Crichton

David McKeown

Tel: +44 (0) 20 7418 8900

 

www.sterlingenergyplc.com                     

 

 

Ticker Symbol: SEY

 


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 [email protected] or visit www.rns.com.
 
END
 
 
RAGKKPBPKBKDBAB

Quick facts: Sterling Energy plc

Price: 12.404

Market: AIM
Market Cap: £27.3 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE