Company Announcements

Results of Annual General Meeting

Source: RNS
RNS Number : 2130W
Hunting PLC
21 April 2021
 

For immediate release

21 April 2021

 

  

Hunting PLC

 

("Hunting" or "the Company")

 

Results of Annual General Meeting

 

Hunting PLC (LSE:HTG) announces the results of voting on the resolutions at its Annual General Meeting ("AGM") held as a closed meeting on Wednesday, 21 April 2021, as set out in the Notice of  AGM. Voting at the AGM was completed by way of a poll.

 

The shareholders (or their proxies) were not permitted to attend the meeting physically. The attendance at the meeting was limited to a quorum of two shareholders, who comprised a Director and the Company Secretary.

 

The Directors made available to shareholders the ability to submit questions ahead of the AGM. These questions were answered in the form of a presentation delivered via webcast at the start of the meeting. A recording of the meeting will shortly be available on the Company's website.

 

All resolutions, were passed by the required majority, resolutions 1 to 13, as ordinary resolutions and resolutions 14 to 17 as special resolutions. The result of the poll is outlined in the table below:

 

 

Resolution

For

%

Against

%

Votes Withheld

1.

To receive the 2020 Annual Report.

132,620,197

99.99%

15,582

0.01%

510,457

2.

To approve Directors' Remuneration Policy.

122,544,114

92.04%

10,600,216

7.96%

1,906

3.

To approve the Annual Report on Remuneration.

107,960,247

81.28%

24,857,711

18.72%

328,278

4.

To declare a Final Dividend of 4.0 cents per share.

128,999,312

96.89%

4,146,624

3.11%

300

5.

To re-elect Annell Bay as a Director.

126,797,795

95.63%

5,796,431

4.37%

552,010

6.

To re-elect Carol Chesney as a Director.

131,804,286

99.41%

786,763

0.59%

555,187

7.

To re-elect Bruce Ferguson as a Director.

132,118,657

99.64%

475,319

0.36%

552,260

8.

To re-elect Jay Glick as a Director.

126,312,814

98.63%

1,757,051

1.37%

5,076,371

9.

To re-elect Richard Hunting as a Director.

131,210,953

98.96%

1,384,523

1.04%

550,760

10.

To re-elect Jim Johnson as a Director.

131,800,138

99.65%

468,616

0.35%

877,482

11.

To re-elect Keith Lough as a Director.

132,325,711

99.80%

265,338

0.20%

555,187

12.

To re-appoint Deloitte LLP as auditors and authorise the Audit Committee to determine their remuneration.

133,076,481

99.96%

55,005

0.04%

14,750

13.

To authorise the Directors to allot shares.

132,292,337

99.36%

850,135

0.64%

3,764

14.

To generally authorise the Directors to disapply pre-emption rights.

132,468,571

99.55%

596,037

0.45%

81,628

15.

To authorise the Directors to disapply additional pre-emption rights.

121,678,589

91.44%

11,384,114

8.56%

83,533

16.

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

132,679,454

99.72%

367,687

0.28%

99,095

17.

To authorise 14 clear days' notice periods for General Meetings (other than an AGM).

131,784,069

98.98%

1,360,667

1.02%

1,500

 

A "Vote Withheld" is not a vote in law and is not counted in the calculation of proportion of votes "For" or "Against" a resolution.

 

As at the date of the AGM, the number of issued shares of the Company was 164,940,082 Ordinary shares of 25p each.

 

The total number of votes cast by poll, including 'Votes Withheld', was 133,146,236, being 80.72% of the total issued share capital.

 

In accordance with Listing Rules 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the UK Listing Authority ("UKLA"), via the National Storage Mechanism, which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

For further information please contact:

 

Hunting PLC

Jim Johnson, Chief Executive

Bruce Ferguson, Finance Director

Tarryn Riley, Investor Relations

 

Tel: +44 (0) 20 7321 0123

 

Buchanan

Ben Romney

Chris Judd

Tel: +44 (0) 20 7466 5000

 

Notes to Editors:

 

About Hunting PLC

 

Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a premium listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has operations in Canada, China, Indonesia, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, United Arab Emirates and the United States of America.

 

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.

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