26 June 2024
ITHACA
ENERGY PLC
(the
"Company")
LEI
21380057TNFLXPXBIP34
AMENDED
RESULTS OF ANNUAL GENERAL MEETING 2024
As noted in the announcement issued
following the Annual General Meeting of the Company held on Monday
24 June, all resolutions put to shareholders were duly passed.
The details of the results of
the poll, including the votes cast by the independent shareholders
in relation to resolutions 8-11 and 14, are set out
below:
|
|
Resolution
|
Total For
|
Total Against
|
Total Votes
Cast
|
Withheld
|
|
|
|
No. of
Votes
|
% of Vote
|
No. of
Votes
|
% of Vote
|
No. of
Votes
|
No. of
Votes
|
|
1
|
To receive the Annual Report and
Financial Accounts for the year ended 31 December 2023
|
938,197,303
|
100.00
|
4,189
|
0.00
|
938,201,492
|
433,827
|
|
2
|
To re-appoint Deloitte LLP as
auditors to the Company
|
938,529,873
|
99.99
|
88,124
|
0.01
|
938,617,997
|
17,322
|
|
3
|
To authorise the Audit and Risk
Committee to determine the remuneration of the Auditors
|
938,612,545
|
100.00
|
4,624
|
0.00
|
938,617,169
|
18,150
|
|
5
|
To approve the Directors'
Remuneration Report
|
907,173,358
|
96.93
|
28,693,659
|
3.07
|
935,867,017
|
2,768,302
|
|
7
|
To re-elect Iain Lewis as a
Director
|
938,596,180
|
100.00
|
8,733
|
0.00
|
938,604,913
|
30,406
|
|
8
|
To re-elect David Blackwood CBE as a
Director
|
927,174,417
|
98.78
|
11,430,496
|
1.22
|
938,604,913
|
30,406
|
|
9
|
To re-elect Lynne Clow as a
Director
|
921,730,918
|
98.20
|
16,884,951
|
1.80
|
938,615,869
|
19,450
|
|
10
|
To re-elect Assaf Ginzburg as a
Director
|
924,210,009
|
98.47
|
14,394,904
|
1.53
|
938,604,913
|
30,406
|
|
11
|
To re-elect Deborah Gudgeon as a
Director
|
926,548,982
|
98.72
|
12,055,929
|
1.28
|
938,604,913
|
30,406
|
|
12
|
To re-elect Itshak Tshuva as a
Director
|
933,673,493
|
99.47
|
4,931,420
|
0.53
|
938,604,913
|
30,406
|
|
13
|
To re-elect Idan Wallace as a
Director
|
934,382,338
|
99.55
|
4,222,575
|
0.45
|
938,604,913
|
30,406
|
|
14
|
To elect Zvika Zivlin
as a Director
|
938,559,315
|
100.00
|
45,598
|
0.00
|
938,604,913
|
30,406
|
|
15
|
To authorise the Directors to allot
shares
|
938,412,338
|
99.98
|
205,831
|
0.02
|
938,618,169
|
17,150
|
|
16*
17*
18*
|
To authorise the Directors to
disapply statutory pre-emption rights
To permit the Company to purchase
its own shares
To allow general meetings to be held
on 14 clear days' notice
|
936,128,104
937,396,989
938,566,977
|
99.73
99.87
99.99
|
2,488,947
1,223,330
51,192
|
0.27
0.13
0.01
|
938,617,051
938,620,319
938,618,169
|
18,268
15,000
17,150
|
|
|
|
|
|
|
|
|
|
INDEPENDENT SHAREHOLDER
VOTES
|
|
Resolution
|
Independent shareholders For
|
|
Independent shareholders Against
|
|
|
|
|
No. of
votes
|
% of
vote
|
No. of
votes
|
% of
vote
|
|
8
|
To re-elect David Blackwood CBE as a
Director
|
28,954,486
|
71.70
|
11,430,496
|
28.30
|
|
9
|
To re-elect Lynne Clow as a
Director
|
23,510,987
|
58.20
|
16,884,951
|
41.80
|
|
10
|
To re-elect Assaf Ginzburg as a
Director
|
25,990,078
|
64.36
|
14,394,904
|
35.64
|
|
11
|
To re-elect Deborah Gudgeon as a
Director
|
28,329,051
|
70.15
|
12,055,929
|
29.85
|
|
14
|
To elect Zvika Zivlin
as a Director
|
40,339,384
|
99.89
|
45,598
|
0.11
|
NOTES:
1.
* indicates a Special Resolution requiring 75% of votes cast to be
carried.
2.
Votes "For" and "Against" are expressed as a percentage of votes
cast.
3.
Votes "For" include discretionary votes.
4.
A "Vote withheld" is not a vote in law and is not counted in the
calculation of the votes "For" or "Against" a
resolution.
5.
In accordance with Listing Rule 9.2.2ER, the voting by the
independent shareholders is shown separately for Resolutions 8 - 11
(inclusive) and Resolution 14 in the second table above.
6.
The total number of ordinary shares in issue on 24 June 2024
was 1,014,372,281. Ordinary shareholders are entitled to one vote per share
held.
7.
The full text of each resolution is contained in
the Notice of Annual General Meeting which
can be found on the Company's website.
8.
It was announced on 28 May 2024 that Gilad Myerson had stepped down
from the Board with immediate effect. As the Company's AGM Notice
had already been issued, the Chairman of the meeting sought the
consent of the Shareholders in attendance to withdraw the
resolution to re-elect Gilad Myerson as an Executive Director of
the Company (Resolution 6) and as a consequence of
the changes to the Board, the Chairman of the meeting sought the consent of the
Shareholders to withdraw the
resolution to approve the proposed Director's Remuneration Policy
(Resolution 4). Consent to
withdraw the Resolutions were granted and accordingly, Resolution 4
and 6 were withdrawn.
The withdrawal of Resolutions 4 and
6 did not otherwise affect the validity of the Notice of Meeting,
the proxy form or any proxy votes already submitted on other
proposed resolutions. The numbering of all other proposed
resolutions at the AGM remained unchanged and is reflected in the
tables above.
In accordance with the UK Listing
Authority's Listing Rule 9.6.2, copies of all the resolutions
passed other than resolutions concerning ordinary
business have been submitted to the National Storage
Mechanism and will shortly be available for
inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Enquiries: