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 rns@lseg.com or visit www.rns.com.
