News

Voting Results of General Meeting

08 Jan 2021

Voting Results of General Meeting

1. Results of General Meeting held on 8 January 2021

Cairn announces that at the General Meeting held earlier today, the resolutions set out in the Notice of General Meeting put to the General Meeting were passed by the requisite majority.

The resolutions put to the General Meeting were voted on by way of a poll and the results are set out in the table below. Each shareholder, present in person or by proxy, was entitled to one vote per share held.

Resolution

FOR*

%

AGAINST

%

TOTAL VOTES CAST

% ISC VOTED**

WITHHELD***

Resolution 1

Authorisation of dividend and share consolidation

411,425,100

99.97

121,391

0.03%

411,546,491

69.78

14,152

Resolution 2

Amendment of 2017 LTIP

411,404,027

99.97

122,229

0.03%

411,526,256

69.77

34,387

* Includes discretionary votes.

** ISC means issued share capital. Total voting rights of the shares in issue: 589,816,821.

*** A vote withheld is not a vote in law and is not counted for the purposes of the calculation of the proportion of votes 'For' and 'Against' a resolution.

2. Resolutions Submitted to NSM

The Company has today submitted to the National Storage Mechanism (NSM) a copy of the resolutions passed at the General Meeting. The NSM can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

The resolutions carried at the General Meeting are set out in full in the Notice of General Meeting which can be found on the Company's website at www.cairnenergy.com

 

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