![A green and white logo Description automatically generated with low confidence](https://dw6uz0omxro53.cloudfront.net/3077251/c01ad25a-8774-45fb-b05e-970d94d8aa45.jpg)
Results of
AGM
13 June 2024 - Singapore: Jadestone Energy plc
(the "Company"), an independent upstream company focused on the
Asia-Pacific region, is pleased to announce that at the Annual
General Meeting ("AGM") of the Company held on 13 June 2024,
resolutions 1-15 as set out in the Company's Notice of AGM dated 10
May 2024 were duly passed on a poll with the results as stated
below.
|
Resolution
|
For
|
%
|
Against
|
%
|
Total
|
Withheld*
|
Ordinary resolutions
|
1
|
Annual accounts
|
355,019,676
|
99.94%
|
211,937
|
0.06%
|
355,231,613
|
18,321
|
2
|
Appointment of auditor
|
354,118,737
|
99.69%
|
1,112,876
|
0.31%
|
355,231,613
|
18,321
|
3
|
Auditor's remuneration
|
355,017,737
|
99.96%
|
126,876
|
0.04%
|
355,144,613
|
105,321
|
4
|
Elect Adel Chaouch
|
354,068,082
|
99.68%
|
1,134,937
|
0.32%
|
355,203,019
|
46,915
|
5
|
Re-elect Alexander Paul
Blakeley
|
353,727,222
|
99.58%
|
1,497,226
|
0.42%
|
355,224,448
|
25,486
|
6
|
Re-elect Bert-Jaap
Dijkstra
|
353,727,222
|
99.58%
|
1,478,905
|
0.42%
|
355,206,127
|
43,807
|
7
|
Elect Linda Beal
|
353,732,974
|
99.62%
|
1,355,824
|
0.38%
|
355,088,798
|
161,136
|
8
|
Elect Joanne Williams
|
353,963,861
|
99.68%
|
1,124,937
|
0.32%
|
355,088,798
|
161,136
|
9
|
Re-elect Cedric Fontenit
|
335,155,418
|
94.37%
|
19,979,534
|
5.63%
|
355,134,952
|
114,982
|
10
|
Elect Gunter Waldner
|
353,886,934
|
99.65%
|
1,248,018
|
0.35%
|
355,134,952
|
114,982
|
11
|
Re-elect David Neuhauser
|
354,836,109
|
99.92%
|
301,339
|
0.08%
|
355,137,448
|
112,486
|
12
|
Re-elect Jenifer Thien
|
353,612,287
|
99.58%
|
1,476,511
|
0.42%
|
355,088,798
|
161,136
|
13
|
Authority to allot shares
|
352,973,549
|
99.37%
|
2,223,224
|
0.63%
|
355,196,773
|
53,161
|
Special resolutions
|
14
|
Disapplication of pre-emption
rights
|
354,578,621
|
99.82%
|
625,656
|
0.18%
|
355,204,277
|
45,657
|
15
|
Disapplication of pre-emption
rights
|
354,578,621
|
99.82%
|
643,977
|
0.18%
|
355,222,598
|
27,336
|
* A vote withheld is not a vote in
law and is not counted for the purposes of the calculation of the
proportion of votes 'For' and 'Against' a resolution.
As previously disclosed, Iain
McLaren did not seek re-election at the AGM, and has therefore
formally stepped down from Jadestone's Board of
Directors.
-ends-
For further information, please
contact:
Jadestone Energy plc
|
|
Paul Blakeley, President and
CEO
|
+65 6324 0359 (Singapore)
|
Bert-Jaap Dijkstra, CFO
Phil Corbett, Head of Investor
Relations
|
+44 (0) 7713 687467 (UK)
|
|
ir@jadestone-energy.com
|
|
|
Stifel Nicolaus Europe Limited (Nomad, Joint
Broker)
|
+44 (0) 20 7710 7600 (UK)
|
Callum Stewart
|
|
Jason Grossman
|
|
Ashton Clanfield
|
|
|
|
Peel
Hunt LLP (Joint Broker)
|
+44 (0) 20 7418 8900 (UK)
|
Richard Crichton
|
|
David McKeown
Georgia Langoulant
|
|
|
|
Camarco (Public Relations Advisor)
|
+44 (0) 203 757 4980 (UK)
|
Billy Clegg
|
jse@camarco.co.uk
|
Andrew Turner
Elfie Kent
|
|
About Jadestone Energy
Jadestone Energy plc is an
independent upstream company focused on the Asia-Pacific
region. It has a balanced and increasingly diversified
portfolio of production and development assets in Australia,
Malaysia, Indonesia, Thailand and Vietnam, all stable jurisdictions
with a positive upstream investment climate.
Led by an experienced management
team with a track record of delivery, who were core to the
successful growth of Talisman Energy's business in Asia-Pacific,
the Company is pursuing a strategy to grow and diversify the
Company's production base both organically, through developments
such as at Akatara in Indonesia and Nam Du/U Minh in Vietnam, as
well as through acquisitions that fit within Jadestone's financial
framework and play to the Company's strengths in managing maturing
oil assets. Jadestone delivers value in its acquisition strategy by
enhancing returns through operating efficiencies, cost reductions
and increased production through further investment.
Jadestone is a responsible operator
and well positioned for the energy transition through its
increasing gas production, by maximising recovery from existing
brownfield developments and through its Net Zero pledge on Scope 1
& 2 GHG emissions from operated assets by 2040. This strategy
is aligned with the IEA Net Zero by 2050 scenario, which stresses
the necessity of continued investment in existing upstream assets
to avoid an energy crisis and meet demand for oil and gas through
the energy transition.
Jadestone Energy plc (LEI:
21380076GWJ8XDYKVQ37) is listed on the AIM market of the London
Stock Exchange (AIM: JSE). The Company is headquartered in
Singapore. For further information on the Company please
visit www.jadestone-energy.com.
This
release does not contain inside information.