Ithaca Energy PLC

Declaration of Voting Results & Voting Rights Announcements • Jun 26, 2024

National Storage Mechanism | Additional information

RNS Number : 9629T

Ithaca Energy PLC

26 June 2024

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 r e-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 Z vika 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 Z vika 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:

Ithaca Energy
Kathryn Reid - Head of Investor Relations, Corporate Affairs &   Communications	kathryn.reid@ithacaenergy.com

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