Heritage Oil Announces the Results of the AGM
Heritage Oil Plc (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company, announces that at its Annual General Meeting (“AGM”), held yesterday, all resolutions put to Shareholders were duly passed.
Set out below are the voting results in respect of the resolutions proposed at the meeting. The number of ordinary shares and exchangeable shares carrying a vote in Heritage in issue at the time of the AGM was 257,956,996.
Votes % Votes cast Votes
Resolution 1 Report and accounts 165,593,491 99.62 631,921
Resolution 2 Remuneration report 139,569,316 83.88 26,822,708
Resolution 3 Re-Appointment of
Auditors 166,387,146 99.77 391,532
Resolution 4 Determination of
Auditors’ remuneration 166,374,113 99.77 379,924
Resolution 5 To re-elect Michael
Hibberd as a Director 152,916,714 95.85 6,616,901
Resolution 6 To re-elect Anthony
Buckingham as a
Director 164,266,754 98.51 2,479,292
Resolution 7 To re-elect Paul
Atherton as a Director 166,162,419 99.65 582,618
Resolution 8 To re-elect General Sir
Michael Wilkes as a
Director 163,302,963 97.94 3,442,654
Resolution 9 To re-elect John McLeod
as a Director 154,102,281 92.42 12,642,604
Resolution 10 To re-elect Gregory
Turnbull QC as a
Director 160,928,660 96.51 5,816,206
Resolution 11 To elect Carmen
Rodriguez as a Director 166,278,141 99.72 470,205
Resolution 12 To elect Colonel Mark
Erwin as a Director 166,275,172 99.72 470,345
Resolution 13 Rule 9 Waiver
resolution 57,701,774 70.91 23,676,042
Resolution 14 Authority of Directors
to allot shares 119,660,401 71.75 47,110,579
Resolution 15 Electronic
communications 166,389,254 99.77 389,608
The full text of the resolutions is contained in the notice of the AGM.
Notes to Editors
— Heritage is listed on the Main Market of the London Stock Exchange and
is a constituent of the FTSE 250 Index. The trading symbol is HOIL.
Heritage has a further listing on the Toronto Stock Exchange (TSX:HOC).
— Heritage is an independent upstream exploration and production company
engaged in the exploration for, and the development, production and
acquisition of, oil and gas in its core areas of Africa, the Middle East
— Heritage has an exploration, appraisal and development asset in the
Kurdistan Region of Iraq, exploration assets in Malta, Tanzania, Mali,
Pakistan, Libya and the Democratic Republic of Congo and a producing
property in Russia.
— All dollars are US$ unless otherwise stated.
— For further information please refer to our website,
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Except for statements of historical fact, all statements in this news release – including, without limitation, statements regarding production estimates and future plans and objectives of Heritage – constitute forward-looking information that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves and recoveries; production and operating cost assumptions; development risks and costs; the risk of commodity price fluctuations; political and regulatory risks; and other risks and uncertainties as disclosed under the heading “Risk Factors” in its Prospectus and elsewhere in Heritage documents filed from time-to-time with the London Stock Exchange and other regulatory authorities. Further, any forward-looking information is made only as of a certain date and the Company undertakes no obligation to update any forward-looking information or statements to reflect events or circumstances after the date on which such statement is made or reflect the occurrence of unanticipated events, except as may be required by applicable securities laws. New factors emerge from time to time, and it is not possible for management of the Company to predict all of these factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking information.
Heritage Oil Plc
+44 (0) 1534 835 400
Heritage Oil Plc
+44 (0) 1534 835 400
Heritage Oil Plc – Investor Relations
Tanya Clarke / Claire Harrison
+44 (0) 20 7518 0838
Ben Brewerton / Edward Westropp
+44 (0) 20 7831 3113
+1 416 868 1079 x231
+1 416 868 1079 x225
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