Pharos Energy PLC held its Annual General Meeting at 100 Liverpool Street, London, EC2M 2AT, where all resolutions were successfully passed. The company's issued share capital consisted of 429,040,568 ordinary shares of £0.05 each with voting rights, with 9,122,268 shares in Treasury, totaling 419,918,300 voting rights. Voting was conducted on a poll, and the results are available on the company's website.
The resolutions included receiving the Annual Report and Accounts for the financial year ended 31 December 2023, declaring a final dividend of 0.77 pence per share, and approving the Directors' Remuneration Report. The reappointment of directors and the appointment of Ernst & Young LLP as Auditors were also approved. Notably, resolution 6 to reappoint Marianne Daryabegui as a Director was withdrawn following her retirement announcement.
The voting results showed strong support for the resolutions, with the majority of votes in favor of each proposal. For instance, the resolution to receive the Annual Report and Accounts received 99.68% of votes in favor, while the resolution to reappoint Dr. Bill Higgs as a Director received 99.42% of votes in favor.
For further information, interested parties can contact Pharos Energy plc or Camarco. The company's Company Secretary, Tony Hunter, and Camarco representatives Billy Clegg, Rebecca Waterworth, Kirsty Duff, and Andrew Turner are available for inquiries.
This comprehensive summary provides an overview of the results of Pharos Energy PLC's Annual General Meeting, including the voting outcomes and key resolutions.