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FOR IMMEDIATE RELEASE 12 May 2016
CAIRN ENERGY PLC ('Cairn' or 'the Company')
Voting Results of Annual General Meeting
1. Results of Annual General Meeting 2016
Cairn announces that at the Annual General Meeting held earlier today, all resolutions set out in the Notice of Annual General Meeting put to the Annual General Meeting were passed by the requisite majority.
Each of the resolutions put to the Annual General Meeting was 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.
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RESOLUTION
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FOR*
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%
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AGAINST
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%
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TOTAL
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WITHHELD**
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Resolution 1
Annual Report & Accounts
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454,387,023
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99.94
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273,127
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0.06
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454,660,150
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436,913
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Resolution 2
Remuneration Report
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423,241,645
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98.80
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5,138,296
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1.20
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428,379,941
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26,717,122
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Resolution 3
Re-appointment of auditor
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454,055,212
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99.77
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1,040,199
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0.23
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455,095,411
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1,652
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Resolution 4
Auditor's remuneration
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455,053,763
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99.99
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41,396
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0.01
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455,095,159
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1,904
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Resolution 5
Re-election of
Ian Tyler
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449,521,048
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98.79
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5,499,204
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1.21
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455,020,252
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76,811
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Resolution 6
Re-election of
Todd Hunt
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452,552,893
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99.44
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2,535,505
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0.56
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455,088,398
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8,665
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Resolution 7
Re-election of
Iain McLaren
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451,595,969
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99.23
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3,491,253
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0.77
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455,087,222
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9,841
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Resolution 8
Re-election of Alexander Berger
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455,033,148
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99.99
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55,239
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0.01
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455,088,387
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8,676
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Resolution 9
Re-election of
Jackie Sheppard
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455,030,588
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99.99
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56,964
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0.01
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455,087,552
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9,511
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Resolution 10
Re-election of
Keith Lough
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454,507,033
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99.87
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568,848
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0.13
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455,075,881
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21,182
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Resolution 11
Re-election of
Peter Kallos
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454,519,261
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99.88
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568,427
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0.12
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455,087,688
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9,375
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Resolution 12
Re-election of
Simon Thomson
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440,490,293
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96.79
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14,598,105
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3.21
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455,088,398
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8,665
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Resolution 13
Re-election of
James Smith
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454,490,797
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99.87
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585,783
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0.13
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455,076,580
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20,483
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Resolution 14
Authority to allot shares
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452,460,120
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99.63
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1,697,917
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0.37
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454,158,037
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939,026
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Resolution 15***
Disapplication of pre-emption rights
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455,009,217
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99.98
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76,884
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0.02
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455,086,101
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10,962
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Resolution 16***
Authority to purchase own shares
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448,775,014
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98.61
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6,312,716
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1.39
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455,087,730
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9,333
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Resolution 17***
14 days' notice of general meetings
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439,391,212
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96.55
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15,697,036
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3.45
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455,088,248
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8,815
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Resolution 18
Disposal of shares in Cairn India
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452,994,901
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99.99
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28,303
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0.01
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453,023,204
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2,073,859
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* Includes discretionary votes.
** 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.
*** Indicates a Special Resolution.
2. Resolutions Submitted to NSM
The Company has today submitted to the National Storage Mechanism (NSM) copies of Resolutions passed at the Annual General Meeting concerning items other than ordinary business. These documents will shortly be available for inspection at www.Hemscott.com/nsm.do.
The resolutions carried at the Annual General Meeting are set out in full in the Notice of Annual General Meeting which can be found on the Company's website at www.cairnenergy.com.
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