To view the PDF file, sign up for a MySharenet subscription.

VIVO ENERGY PLC - 2020 Annual General Meeting - Poll Results

Release Date: 20/05/2020 16:15
Code(s): VVO     PDF:  
Wrap Text
2020 Annual General Meeting - Poll Results

Vivo Energy plc
(Incorporated in England and Wales)
(Registration number: 11250655)
(Share code: VVO)
LEI: 213800TR7V9QN896AU56
ISIN: GB00BDGT2M75


 20 May 2020

                                                     Vivo Energy plc

                                                  ('the Company')

                                               (LSE: VVO / JSE: VVO)

                                    2020 Annual General Meeting - Poll Results

      Vivo Energy plc's 2020 Annual General Meeting ('AGM') was held at the Freshfields Bruckhaus Deringer LLP, 28
      Tudor Street, Temple, London EC4Y 0BH, United Kingdom on Wednesday 20 May 2020 at 2.00 pm. All
      resolutions proposed at the AGM were decided on a poll and were passed. The results are set out below:

Resolution                  Votes           %           Votes         %          Votes Total      % of       Votes
                            For             For         Against       Against                     Issued     Withheld
                                                                                                  Share
                                                                                                  Capital
                                                                                                  Voted

1   To receive the          1,155,870,628    100.00         0            0.00     1,155,870,628    91.23         50
    Company’s accounts,
    the strategic report
    and reports of the
    Directors and the
    auditor for the year
    ended 31 December
    2019
2   To approve the          1,105,746,093    95.66      50,124,535       4.34     1,155,870,628    91.23         50
    Directors’
    Remuneration
    Report for the year
    ended 31 December
    2019 as set out on
    pages 88 to 101 of
    the Annual Report
    and Accounts 2019
3   To declare a final                                            Resolution withdrawn
    dividend of 2.64598
    US cents per
    ordinary share
    for the year ended 31
    December 2019^
4   To re-elect John Daly   1,094,753,906    94.71      61,116,722       5.29     1,155,870,628    91.23         50
    as a Director

5   To re-elect Christian   1,155,869,453    99.99        1,175          0.01     1,155,870,628    91.23         50
    Chammas as a
    Director
6   To re-elect Johan       1,155,869,453    100.00       1,175          0.01     1,155,870,628    91.23         50
    Depraetere as a
    Director
7    To re-elect Gawad        1,132,122,316   97.95   23,748,312   2.05   1,155,870,628   91.23     50
     Abaza as a Director
8    To re-elect Carol        1,155,869,453   99.99     1,175      0.01   1,155,870,628   91.23     50
     Arrowsmith as a
     Director
9    To re-elect              1,155,869,453   99.99     1,175      0.01   1,155,870,628   91.23     50
     Thembalihle Hixonia
     Nyasulu as a
     Director
10   To re-elect              1,155,869,453   99.99     1,175      0.01   1,155,870,628   91.23     50
     Christopher Rogers
     as a Director
11   To re-elect Javed        1,154,949,453   99.99    21,175      0.01   1,154,970,628   91.16   900,050
     Ahmed as a Director
12   To re-elect Temitope     1,154,949,453   99.99    21,175      0.01   1,154,970,628   91.16   900,050
     Lawani as a Director
13   To re-appoint            1,155,869,353   99.99     1,275      0.01   1,155,870,628   91.23     50
     PricewaterhouseCoo
     pers LLP as the
     Company’s auditor
     until the end of the
     next general meeting
     at which accounts are
     laid before the
     Company
14   To authorise the         1,155,673,392   99.98    197,236     0.02   1,155,870,628   91.23     50
     Audit and Risk
     Committee, for and
     on behalf of the
     Directors, to
     determine the
     remuneration of the
     auditor
15   To authorise the         1,100,676,838   95.23   55,190,790   4.77   1,155,867,628   91.23     50
     Directors to allot
     shares in the
     Company
16   To authorise the         1,153,301,199   99.78   2,569,429    0.22   1,155,870,628   91.23     50
     Directors to dis-
     apply pre? emption
     rights*
17   To authorise the         1,102,729,750   95.40   53,140,878   4.60   1,155,870,628   91.23     50
     Directors to dis-
     apply pre? emption
     rights up to a further
     5 per cent for the
     purposes of financing
     an acquisition or
     other capital
     investment*
18   To authorise the         1,153,399,700   99.79   2,470,928    0.21   1,155,870,628   91.23     50
     Company to
     purchase its own
     shares*
19   To authorise political   1,138,923,235   98.53   16,947,393   1.47   1,155,870,628   91.23     50
     donations and
     expenditure
20   To authorise the         1,148,613,171   99.37   7,257,356    0.63   1,155,870,527   91.23    151
     Board to call general
     meetings (other than
     annual general
     meetings) on a
     minimum of 14 clear
     days’ notice*

       ^        Resolution 3 in respect of the payment of the final dividend was withdrawn by the Board as notified to
                the market on 30 April 2020, therefore this resolution was not put to the AGM.
       *        Special resolution


VOTES EXCLUDING CONTROLLING SHAREHOLDERS ON THE RESOLUTIONS CONCERNING THE
ELECTION OF THE INDEPENDENT NON-EXECUTIVE DIRECTORS
Resolution                      Votes           %        Votes         %           Votes           % of         Votes
                                For             For      Against       Against     Total           Issued       Withheld
                                                                                                   Share
                                                                                                   Capital
                                                                                                   Voted

7    To re-elect Gawad           307,755,535    92.84    23,748,312      7.16      331,503,847       26.17           50
     Abaza as a Director
8    To re-elect Carol           331,502,672    99.99       1,175        0.01      331,503,847       26.17           50
     Arrowsmith as a
     Director
9    To re-elect Thembalihle     331,502,672    99.99       1,175        0.01      331,503,847       26.17           50
     Hixonia Nyasulu as a
     Director
10   To re-elect Christopher     331,502,672    99.99       1,175        0.01      331,503,847       26.17           50
     Rogers as a Director


       Notes:

       1.       Any proxy appointments which gave discretion to the Chairman have been included in the 'For' total.
       2.       The total number of ordinary shares of US$0.50 in issue at 18 May 2020 was 1,266,941,899.
                Shareholders are entitled to one vote per share.
       3.       Total ordinary shares held by shareholders excluding the controlling shareholders at 18 May 2020 was
                442,575,118.
       4.       A 'Vote withheld' is not a vote in law and is not counted towards the proportion of votes 'For' or
                'Against' a resolution.

       Copies of the Company’s announcements are available on our website: https://investors.vivoenergy.com

       In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business have been submitted
       to the UK Listing Authority and will shortly be available for inspection at the National Storage Mechanism
       document viewing facility at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism


       For further information, please contact:

       Claire Dhokia
       Company Secretary
       +44 2030 343 718
       claire.dhokia@vivoenergy.com


       JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 20-05-2020 04:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story