Result of AGM
Thor Energy PLC announced the results of its Annual General Meeting, where all resolutions were duly passed. Key resolutions included the approval of financial statements with 98.1% of votes in favour, the re-election of directors Mr. Tim Armstrong, Mr. Lincoln Moore, and Mr. Andrew Hume with 96.9%, 96.9%, and 97.0% of votes in favour respectively, and the re-appointment of the company auditor with 97.7% of votes in favour. The company also received strong shareholder support for resolutions concerning the authority to allot shares (92.8% for), ratification of prior share and option issues under ASX Listing Rules (ranging from 92.9% to 96.6% for), director performance shares (92.0% for both directors), and the disapplication of pre-emption rights (94.6% for) and approval of a 10% placement facility (93.2% for).
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At the 2025 Annual General Meeting of shareholders of Thor Energy PLC ("Thor" or the "Company") (AIM, ASX: THR, OTCQB: THORF) held in London, Tuesday, 11 November 2025, the following proxy votes were received in respect of resolutions which were duly passed as a poll without amendment, with all proxy votes stated to be at the proxy's discretion being voted in favour of all resolutions.
Resolution 1. Financial Statements and reports
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 42,555,274 | 285 | 828,749 | 109,417 |
| 98.1% | 1.9% |
The resolution was passed as an ordinary resolution.
Resolution 2. Re-elect Mr Tim Armstrong as a Director
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 40,913,975 | 285 | 1,306,778 | 1,272,687 |
| 96.9% | 3.1% |
The resolution was passed as an ordinary resolution.
Resolution 3. Re-appoint Mr Lincoln Moore as a Director
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 40,913,947 | 285 | 1,306,806 | 1,272,687 |
| 96.9% | 3.1% |
The resolution was passed as an ordinary resolution.
Resolution 4. Re-appoint Mr Andrew Hume as a Director
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 40,968,488 | 285 | 1252237 | 1,272,715 |
| 97.0% | 3.0% |
The resolution was passed as an ordinary resolution.
Resolution 5. Re-appoint company auditor
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 42,344,459 | 285 | 1,015,364 | 114,417 |
| 97.7% | 2.3% |
The resolution was passed as an ordinary resolution.
Resolution 6. Authority to Allot Shares
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 40,132,141 | 285 | 3,112,609 | 206,690 |
| 92.8% | 7.2% |
The resolution was passed as an ordinary resolution.
Resolution 7. Ratification of prior issue of Options under ASX Listing Rules 7.1
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 38,873,818 | 285 | 2,963,113 | 1,656,509 |
| 92.9% | 7.1% |
The resolution was passed as an ordinary resolution.
Resolution 8. Ratification of prior issue of Shares under ASX Listing Rules 7.1
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 40,145,074 | 285 | 1,691,885 | 1,656,481 |
| 96.0% | 4.0% |
The resolution was passed as an ordinary resolution.
Resolution 9. Ratification of prior issue of Shares under ASX Listing Rules 7.1
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 40,404,818 | 285 | 1,431,917 | 1,656,705 |
| 96.6% | 3.4% |
The resolution was passed as an ordinary resolution.
Resolution 10. Ratification of prior issue of Options under ASX Listing Rules 7.1
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 40,057,702 | 285 | 1,772,083 | 1,663,655 |
| 95.8% | 4.2% |
The resolution was passed as an ordinary resolution.
Resolution 11. Director Performance Shares - Mr Andrew Hume
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 39,165,818 | 285 | 3,390,091 | 1,179,141 |
| 92.0% | 8.0% |
The resolution was passed as an ordinary resolution.
Resolution 12. Director Performance Shares - Mr Lincoln Moore
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 39,148,318 | 285 | 3,382,563 | 1,179,169 |
| 92.0% | 8.0% |
The resolution was passed as an ordinary resolution.
Resolution 13. Disapplication of Pre-Exemption Rights
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 40,445,873 | 285 | 2,321,377 | 726,190 |
| 94.6% | 5.4% |
The resolution was passed as a special resolution.
Resolution 14. Approval of 10% Placement Facility Under ASX Listing Rule 7.1A
| For | At holders' discretion (for) | Against | Withheld |
|---|---|---|---|
| 40,408,165 | 285 | 2,931,408 | 153,867 |
| 93.2% | 6.8% |
The resolution was passed as a special resolution.
The Board of Thor Energy Plc has approved this announcement and authorised its release.
For further information on the Company, please visit the website or please contact the following:
Thor Energy PLC
Andrew Hume, Managing Director
Alastair Clayton, Non-Executive Chairman
Rowan Harland, Company Secretary
Zeus Capital Limited (Nominated Adviser and Joint Broker)
Antonio Bossi / Darshan Patel / Gabriella Zwarts
SI Capital Limited (Joint Broker)
Nick Emerson
Yellow Jersey (Financial PR)
Dom Barretto / Shivantha Thambirajah / Bessie Elliot
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.