22 May 2025
Voting Results of General Meeting
1. Results of Annual General Meeting 2025
Capricorn announces that at the Annual General Meeting held earlier today, all resolutions set out in the Notice of Annual General Meeting put to the Annual General Meeting were passed by the requisite
majority.
Each of the resolutions put to the Annual General Meeting was voted on by way of a poll and the results are set out in the table below. Each shareholder, present in person or by proxy, was entitled to one vote per share held.
|
RESOLUTION |
FOR* |
% |
AGAINST |
% |
TOTAL |
WITHHELD** |
|
Resolution 1 Annual Report & Accounts |
42,466,305 |
100.00 |
2,205 |
0.00 |
42,468,330 |
327,601 |
|
Resolution 2 Remuneration Report |
41,239,354 |
96.42 |
1,530,943 |
3.58 |
42,770,297 |
25,634 |
|
Resolution 3 Re-appointment of auditor |
42,215,007 |
98.70 |
555,751 |
1.30 |
42,770,758 |
25,173 |
|
Resolution 4 Auditor's remuneration |
42,521,032 |
99.42 |
249,726 |
0.58 |
42,770,758 |
25,173 |
|
Resolution 5 Re-election of Randy Neely |
42,762,876 |
99.98 |
6,919 |
0.02 |
42,769,795 |
26,136 |
|
Resolution 6 Re-election of Maria Gordon |
40,439,277 |
94.55 |
2,330,518 |
5.45 |
42,769,795 |
26,136 |
|
Resolution 7 Re-election of Richard Herbert |
41,909,013 |
97.99 |
860,782 |
2.01 |
42,769,795 |
26,136 |
|
Resolution 8 Re-election of Tom Pitts |
42,477,458 |
99.32 |
292,337 |
0.68 |
42,769,795 |
26,136 |
|
Resolution 9 Re-election of Sachin Mistry |
42,762,768 |
99.98 |
7,027 |
0.02 |
42,769,795 |
26,136 |
|
Resolution 10 Re-election of Patrice Merrin |
41,908,552 |
98.67 |
562,818 |
1.33 |
42,471,370 |
324,561 |
|
Resolution 11 LTIP Plan (2017) changes to allow directors discretion for dilution limits |
42,752,629 |
99.96 |
17,823 |
0.04 |
42,770,452 |
25,479 |
|
Resolution 12 Authority to allot shares |
42,723,416 |
99.84 |
68,410 |
0.16 |
42,791,826 |
4,105 |
|
Resolution 13 Disapplication of pre-emption rights |
42,386,348 |
99.05 |
404,407 |
0.95 |
42,790,755 |
5,176 |
|
Resolution 14 Disapplication of pre-emption rights |
42,386,868 |
99.06 |
403,980 |
0.94 |
42,790,848 |
5,083 |
|
Resolution 15*** Authority to purchase own shares |
42,469,788 |
99.30 |
300,962 |
0.70 |
42,770,750 |
25,181 |
Resolution 16*** 14 days’ notice of general meetings |
42,418,005 |
99.18 |
351,912 |
0.82 |
42,769,917 |
26,014 |
* Includes discretionary votes.
** 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.
*** Indicates a Special Resolution.
2. Resolutions Submitted to NSM
The Company will submit to the National Storage Mechanism (NSM) copies of the resolutions passed at the Annual General Meeting concerning items other than ordinary business. The NSM can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The resolutions carried at the Annual General Meeting are set out in full in the Notice of Annual General Meeting which can be found on the Company’s website at www.capricornenergy.com