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Results of Annual General Meeting

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By LSE RNS

RNS Number : 3437C
Hunting PLC
12 April 2017
 

For immediate release

12 April 2017

                                                                               

 

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 on Wednesday, 12 April 2017, as set out in the AGM notice.

 

Voting at the AGM was completed by way of a poll.

 

All resolutions were passed by the required majority, with the exception of resolution 3 which was withdrawn prior to the meeting.

 

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

 

 

Resolution

For

%

Against

%

Votes Withheld

1.

To receive the 2016 Annual Report.

119,191,857

99.70

355,738

0.30

912,710

2.

To approve the Director's Remuneration Policy.

115,509,628

96.39

4,324,601

3.61

626,075

3.

To approve the Remuneration Committee's exercise of discretion for awards under the Hunting Performance Share Plan.

WITHDRAWN

4.

To approve the Annual Report on Remuneration.

115,967,259

96.77

3,866,581

3.23

626,464

5.

To re-elect Richard Hunting as a Director.

112,083,574

94.54

6,470,474

5.46

1,906,256

6.

To re-elect Annell Bay as a Director.

120,124,400

99.72

335,163

0.28

742

7.

To re-elect John Glick as a Director

120,132,986

99.73

324,077

0.27

3,242

8.

To re-elect John Hofmeister as a Director.

117,494,504

97.54

2,965,059

2.46

742

9.

To re-elect John Nicholas as a Director.

118,942,735

98.74

1,515,328

1.26

2,242

10.

To re-elect Dennis Proctor as a Director.

118,312,566

98.22

2,146,997

1.78

742

11.

To re-elect Peter Rose as a Director.

118,657,353

98.50

1,802,210

1.50

742

12.

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

118,640,441

98.49

1,817,590

1.51

2,274

13.

To authorise the Directors to allot shares.

115,880,719

97.41

3,080,853

2.59

1,498,733

14.

To authorise the Directors to disapply pre-emption rights.

119,798,338

99.97

32,453

0.03

629,514

15.

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

113,911,964

95.06

5,917,877

4.94

630,464

16.

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

116,756,486

97.12

3,456,567

2.88

247,252

17.

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

109,109,548

90.58

11,350,300

9.42

456

 

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 163,739,686 Ordinary shares of 25p each.

 

The total number of votes cast by poll, including 'Votes Withheld', was 120,460,305; % of poll votes cast was 73.6%.

 

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 www.hemscott.com/nsm.do.

 

For further information please contact:

 

Hunting PLC

Dennis Proctor, Chief Executive

Peter Rose, Finance Director

Tarryn Riley, Investor Relations

 

Tel: +44 (0) 20 7321 0123

 

Buchanan

Richard Darby

Chris Judd

Madeleine Seacombe

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, Kenya, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, South Africa, United Arab Emirates and the United States of America.

 

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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