Result of AGM
Capricorn Energy PLC announced that all resolutions presented at its 2026 Annual General Meeting were passed by the requisite majority. Notably, the Annual Report & Accounts received 100% approval, while the Remuneration Report and Remuneration Policy saw 97.85% and 97.52% approval respectively. The re-appointment of the auditor and auditor's remuneration were approved with 98.15% and 99.11% of votes cast in favour. Re-election of directors also saw strong support, with most receiving over 96% approval, though Maria Gordon's re-election received 90.18% of the vote. Resolutions concerning the authority to allot shares and disapplication of pre-emption rights also passed with high percentages, indicating shareholder confidence in the company's governance and operational plans.
Select text to share a quote on X · sign in to keep highlights & notes in your CNE notes
Capricorn 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.
| RESOLUTION | FOR* | % | AGAINST | % | TOTAL | WITHHELD** |
|---|---|---|---|---|---|---|
| Resolution 1 Annual Report & Accounts | 29,166,643 | 100.00% | 1,181 | 0.00% | 29,167,824 | 334,967 |
| Resolution 2 Remuneration Report | 28,579,986 | 97.85% | 629,320 | 2.15% | 29,209,306 | 293,485 |
| Resolution 3 Remuneration Policy | 28,487,284 | 97.52% | 723,618 | 2.48% | 29,210,902 | 291,889 |
| Resolution 4 Re-appointment of auditor | 28,954,537 | 98.15% | 544,650 | 1.85% | 29,499,187 | 3,604 |
| Resolution 5 Auditor's remuneration | 29,235,421 | 99.11% | 263,674 | 0.89% | 29,499,095 | 3,696 |
| Resolution 6 Re-election of Randy Neely | 29,482,084 | 99.94% | 16,667 | 0.06% | 29,498,751 | 4,040 |
| Resolution 7 Re-election of Maria Gordon | 26,602,740 | 90.18% | 2,896,011 | 9.82% | 29,498,751 | 4,040 |
| Resolution 8 Re-election of Richard Herbert | 28,516,263 | 96.68% | 980,392 | 3.32% | 29,496,655 | 6,136 |
| Resolution 9 Re-election of Tom Pitts | 28,996,397 | 98.98% | 298,356 | 1.02% | 29,294,753 | 208,038 |
| Resolution 10 Re-election of Sachin Mistry | 29,372,098 | 99.93% | 21,207 | 0.07% | 29,393,305 | 109,486 |
| Resolution 11 Re-election of Patrice Merrin | 28,688,735 | 98.60% | 408,764 | 1.40% | 29,097,499 | 405,292 |
| Resolution 12 Authority to allot shares | 29,378,557 | 99.61% | 116,050 | 0.39% | 29,494,607 | 8,184 |
| Resolution 13*** Disapplication of pre-emption rights | 29,144,124 | 98.80% | 353,778 | 1.20% | 29,497,902 | 4,889 |
| Resolution 14*** Disapplication of pre-emption rights | 29,113,808 | 98.78% | 358,698 | 1.22% | 29,472,506 | 30,285 |
| Resolution 15*** Authority to purchase own shares | 29,421,755 | 99.85% | 43,481 | 0.15% | 29,465,236 | 37,555 |
| Resolution 16*** 14 days' notice of general meetings | 29,226,982 | 99.08% | 272,205 | 0.92% | 29,499,187 | 3,604 |
* 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.
Resolutions Submitted to NSM
The Company will submit to the National Storage Mechanism (NSM) copies of the resolutions passed at the Annual General Meeting concerning items other than ordinary business. The NSM can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
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.capricornenergy.com
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.