BowLeven Plc Result of Annual General Meeting (2802Z)
14 December 2017 - 3:30AM
UK Regulatory
TIDMBLVN
RNS Number : 2802Z
BowLeven Plc
13 December 2017
13 December 2017
Bowleven plc ("Bowleven" or the "Company")
RESULT OF Annual General Meeting
Bowleven held its Annual General Meeting (the "AGM") earlier
today. Each resolution put to the AGM is set out in full in the
Notice of AGM and summarised in the table in the Appendix together
with the results of the vote. Each shareholder present in person or
by proxy was entitled to one vote per share held.
Resolutions 1 and 3 to 7 were passed. Resolution 2 (relating to
the election of Mr Joe Darby as a director) was not passed.
Notification of Board changes
Joe Darby
As a consequence of the business conducted at the AGM, Joe Darby
ceased office as a Non-Executive Director with immediate effect.
The Company would like to thank Mr Darby for his service to
Bowleven and for the valuable role he played for Bowleven.
Chris Ashworth
Mr Chris Ashworth, Chairman of Bowleven plc, announced that he
had been informed prior to the meeting that the continuing
directors will propose a resolution for his removal as Chairman,
and as a Director of the Company, at the next meeting of the Board
of Directors. The Company informed the AGM that a search process
for a new independent Director had formally commenced.
Appendix
Results of vote at AGM
RESOLUTION FOR % AGAINST %
-------------------------------- ------------ ------ ----------- ------
Resolution 1 (Ordinary)
Annual Report and Accounts 99,377,241 95.43 4,753,658 4.57
-------------------------------- ------------ ------ ----------- ------
Resolution 2 (Ordinary)
Re-elect Joe Darby 12,023,980 11.55 92,107,433 88.45
-------------------------------- ------------ ------ ----------- ------
Resolution 3 (Ordinary)
Re-elect Matt McDonald 99,453,494 96.44 3,674,340 3.56
-------------------------------- ------------ ------ ----------- ------
Resolution 4 (Ordinary)
Re-appointment of Auditor 101,245,068 99.46 552,766 0.54
-------------------------------- ------------ ------ ----------- ------
Resolution 5 (Ordinary)
Auditor's Remuneration 102,766,277 99.86 144,890 0.14
-------------------------------- ------------ ------ ----------- ------
Resolution 6 (Ordinary)
Allot Relevant Securities 102,130,460 99.24 780,753 0.76
-------------------------------- ------------ ------ ----------- ------
Resolution 7 (Special)
Disapplication of Pre-emption
Rights 100,760,389 97.91 2,150,522 2.09
-------------------------------- ------------ ------ ----------- ------
ENQUIRIES
For further information, please contact:
Bowleven plc
Christopher Ashworth, Chairman 00 44 131 524 5678
Eli Chahin, Chief Executive
Brunswick Group LLP
Patrick Handley 00 44 207 404 5959
Will Rowberry
Cenkos Securities plc (NOMAD)
Derrick Lee 00 44 131 220 6939
Neil McDonald
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGLLFFRFILVLID
(END) Dow Jones Newswires
December 13, 2017 11:30 ET (16:30 GMT)
Bowleven (LSE:BLVN)
Historical Stock Chart
From Apr 2024 to May 2024
Bowleven (LSE:BLVN)
Historical Stock Chart
From May 2023 to May 2024