14 June 2023
IGas Energy plc (AIM: IGAS)
("IGas" or "the Company")
RESULT OF AGM
IGas announces the result of voting on the resolutions at its AGM held today, Wednesday 14 June 2023, as set out in the AGM notice.
A poll was held on each of the resolutions and was passed by the required majority. Resolutions 1 to 7 were passed as ordinary resolutions, Resolutions 8 to 10 were passed as special resolutions. The results of the poll were as follows:
RESOLUTIONS |
VOTES |
% |
VOTES |
% |
VOTES |
% of ISC VOTED |
VOTES |
1.To receive the Company's annual report and accounts for the financial year ended 31 December 2022 together with the reports of the directors and auditors |
56,160,614 |
99.85% |
83,762 |
0.15% |
56,244,376 |
44.15% |
27,591 |
2. To approve the annual report on remuneration for the year ended 31 December 2022 |
47,758,116 |
84.93% |
8,473,958 |
15.07% |
56,232,074 |
44.14% |
39,866 |
3. To re-elect Mr Philip Jackson as a Director |
47,591,594 |
84.64% |
8,639,544 |
15.36% |
56,231,138 |
44.14% |
40,829 |
4. To re-elect Ms Frances Ward as a Director |
56,022,632 |
99.63% |
209,076 |
0.37% |
56,231,708 |
44.14% |
40,259 |
5. To re-elect Mr Douglas Weir Fleming as a Director |
56,128,112 |
99.82% |
103,596 |
0.18% |
56,231,708 |
44.14% |
40,259 |
6. To re-appoint PricewaterhouseCoopers as auditors and to authorise the directors to fix the remuneration |
56,130,593 |
99.83% |
95,335 |
0.17% |
56,225,928 |
44.13% |
46,039 |
7. To authorise the board to allot shares |
51,539,636 |
91.67% |
4,686,183 |
8.33% |
56,225,819 |
44.13% |
46,148 |
8. To disapply statutory pre-emption rights |
51,075,422 |
90.84% |
5,149,937 |
9.16% |
56,225,359 |
44.13% |
46,608 |
9. To make purchases of own shares |
56,133,371 |
99.80% |
109,685 |
0.20% |
56,243,056 |
44.15% |
28,891 |
10. To change the Company's name |
56,133,471 |
99.82% |
99,101 |
0.18% |
56,232,572 |
44.14% |
39,395 |
As at the date of the AGM, the number of issued ordinary shares of the Company was 127,398,918 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions. In accordance with the Company's Articles of Association, on a poll every member has one vote for every share held. Votes withheld are not votes in law and have not been counted in the calculation of the proportion of vote "for" or "against" a resolution. Proxy appointments which gave discretion to the Chairman have been included in the "for" total.
The poll results will also be posted on the Company's website in due course.
Change of Name
Shareholders have approved the change of Company name to Star Energy Group plc.
The change of name will be effective once Companies House has issued a certificate of incorporation on change of name. A further announcement will be made at that time to indicate the new tradable instrument display mnemonic/TIDM of the Company and its effective date.
For further information please contact:
IGas Energy plc Tel: +44 (0)20 7993 9899
Ann-marie Wilkinson, Chief Communications Officer
Investec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44 (0)20 7597 5970
Virginia Bull/Chris Sim
Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000
Henry Fitzgerald-O'Connor/James Asensio
Vigo Consulting Tel: +44 (0)20 7390 0230
Patrick d'Ancona/Finlay Thomson/Kendall Hill
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IGas Energy PLC