AWILCO DRILLING PLC
(a company incorporated under the laws of England and Wales with registered number 07114196)
Minutes of a general meeting of Awilco Drilling PLC (the "Company") held at Suite 1, 7th Floor, 50 Broadway, London, SW1H 0BL United Kingdom on 25 October 2024 at 11:00am (UK time)
PRESENT: John Nicol Simpson (Non-executive Director and Audit Committee Chair)
Quorum and composition
- John Nicol Simpson (the "Chairman") took the chair and reported that due notice of the meeting had been given to the sole member of the Company, and that a quorum was present given that the sole member had appointed the Chairman as proxy in respect of 21,391,827 of its ordinary shares (the "Voting Shares") equivalent to 86.4 percent of the total share capital. Accordingly, the Chairman declared the meeting open.
Resolutions
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- The Chairman produced to the meeting a copy of the notice convening the meeting dated 9 October 2024 (the "Meeting Notice"). The Meeting Notice was taken as read.
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- The Chairman proposed one special resolution as set out in the Meeting Notice.
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- On a poll the resolution set out in the Meeting Notice received the following votes:
| SPECIAL RESOLUTION |
|
|
|
THAT subject to the confirmation of the High Court of
Justice in England and Wales, the amount standing to the
credit of the share premium account of the Company be
cancelled and the amount by which the share premium
account is so cancelled be credited to a reserve. |
21,391,758 |
69 |
|
Accordingly, the Chairman declared that the resolution set out in the Meeting Notice had been duly passed.
Close
- There being no further business the Chairman declared the meeting closed.
Chairman