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Genel Energy PLC (GENL)
Genel Energy PLC: Result of AGM
14-May-2020 / 11:30 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
14 May 2020
 Â
Genel Energy plc
 Â
Results of Annual General Meeting 14 May 2020
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The Annual General Meeting of Genel Energy plc was held today, Thursday 14 May 2020, and the results of the votes by shareholders are set out below. The number of ordinary shares of £0.10p each in the Company in issue at the date of the meeting was 277,670,478 and each share attracted one vote.
The results were as follows:
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Resolutions
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For
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%
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Against
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%
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Withheld
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Total lodged
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- To receive the audited financial statements of the Company for the year ended 31 December 2019
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201,654,056
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100.00%
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600
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0.00%
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12,712
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201,669,968
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- To declare a final distribution of 10 US cents per ordinary share for the financial year ending 31 December 2019
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201,654,656
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99.99%
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12,712
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0.01%
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0
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201,669,968
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- To approve the Remuneration Policy for Directors
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199,377,586
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99.76%
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473,925
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0.24%
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1,815,857
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201,669,968
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- To approve the Annual Report on Remuneration for the year ended 31 December 2019
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196,814,878
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97.70%
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4,636,633
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2.30%
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215,857
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201,669,968
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- To elect Mr David McManus as a Non‑Executive Director
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200,533,968
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99.44%
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1,119,431
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0.56%
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13,969
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201,669,968
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- To re-elect Dr Bill Higgs as an Executive Director
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201,653,242
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100.00%
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157
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0.00%
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13,969
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201,669,968
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- To re-elect Mr Esa Ikaheimonen as an Executive Director
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201,603,909
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99.97%
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49,490
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0.02%
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13,969
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201,669,968
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- To elect Sir Michael Fallon as a Non‑Executive Director
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179,758,670
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99.72%
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493,294
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0.27%
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21,415,404
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201,669,968
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- To re-elect Mr Tim Bushell as a Non‑Executive Director
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201,127,639
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99.74%
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525,760
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0.26%
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13,969
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201,669,968
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- To re-elect Mr Martin Gudgeon as a Non-Executive Director
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201,179,274
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99.76%
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473,925
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0.24%
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14,169
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201,669,968
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- To re-elect Mr George Rose as a Non-Executive Director
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201,169,590
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99.76%
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483,809
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0.24%
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13,969
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201,669,968
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- To re-elect Mrs Nazli K Williams as a Non-Executive Director
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180,431,952
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89.48%
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21,221,447
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10.52%
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13,969
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201,669,968
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- To elect Mr Ãœmit Tolga Bilgin as a Non-Executive Director
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201,171,935
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99.76%
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481,364
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0.24%
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13,969
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201,669,868
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- To elect Mr Hassan Gozal as a Non-Executive Director
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179,964,216
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89.24%
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21,689,183
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10.76%
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13,969
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201,669,968
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- To re-appoint PricewaterhouseCoopers as the Company's auditor
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201,647,956
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100.00%
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6,500
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0.00%
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12,912
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201,669,968
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- To authorise the Directors to set the Auditor's fees
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201,654,456
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100.00%
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0
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0.00%
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12,912
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201,669,968
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- To give the Company limited authority to make political donations and expenditure
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198,355,538
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98.36%
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3,311,830
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1.64%
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0
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201,669,968
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- To authorise the Company to purchase its Ordinary Shares
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200,042,468
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99.20%
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1,613,364
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0.80%
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11,536
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201,669,968
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- To permit the Company to hold general meetings, other than an AGM, on not less than 14 clear days' notice
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201,142,734
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99.74%
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524,484
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0.26%
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150
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201,669,968
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The full text of the resolutions may be found in the Notice of the Annual General Meeting, copies of which are available on both the Company's website and on the National Storage Mechanism .
A copy of the special resolutions (resolutions 18 and 19) passed at the Annual General Meeting, have been submitted to the National Storage Mechanism and will shortly be available for inspection at .Â
-ends-
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For further information, please contact:
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Genel Energy
Andrew Benbow, Head of Communications
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Vigo Communications
Patrick d'AnconaÂ
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Notes to editors:
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Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). The Company is one of the largest London-listed independent hydrocarbon producers, with an asset portfolio that positions us well for a future of fewer and better natural resources projects. Genel has low-cost and low-carbon production from the Taq Taq and Tawke licences in the Kurdistan Region of Iraq, providing financial resilience that allows investment in growth and the payment of a material and sustainable dividend, even at a low oil price. Genel also continues to pursue further growth opportunities. For further information, please refer to .
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