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SANTOS LIMITED — AGM Information 2018
Mar 4, 2018
65872_rns_2018-03-04_6a2c6972-d838-4f50-982f-c81c2de64201.pdf
AGM Information
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ASX Release
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5 March 2018
Resolutions under section 249N of the Corporations Act
In accordance with ASX Listing Rule 3.17A, the Company gives notice that the attached resolutions for the Annual General Meeting on 3 May 2018 have been received under section 249N of the Corporations Act from 116 shareholders representing approximately 0.015% of the Company’s shares on issue.
The Company understands the resolutions have been promoted by Market Forces as part of its anti-fossil fuels campaign.
The Board respects the right of shareholders to requisition the resolutions. However, the Board believes the resolutions are not in the interests of the Company and will address the resolutions in the Notice of Meeting to be published later this month.
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Investor enquiries
Santos Limited ABN 80 007 550 923 GPO Box 2455, Adelaide SA 5001 T +61 8 8116 5000 F +61 8 8116 5131 www.santos.com
Joanna Vaughan, +61 2 9276 1134 /+61 (0) 419 111 779 [email protected]
Andrew Nairn +61 8 8116 5314 / +61 (0) 437 166 497 [email protected]
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ATTACHMENT
Resolution 1 – Amendment to the Constitution
To amend the constitution to insert at the end of clause 25 ‘Notice of general meetings’ the following new sub-clause 25(e) “The company in general meeting may by ordinary resolution express an opinion or request information about the way in which a power of the company partially or exclusively vested in the directors has been or should be exercised. However such a resolution must relate to a matter of material risk as identified by the company and cannot either advocate action that would violate any law or relate to any personal claim or grievance. Such a resolution is advisory only and does not bind the directors or the company”.
Resolution 2 – Report on Methane Emissions
That in order to address our interest in the longer term success of the company, given the recognised risks and opportunities associated with climate change, we as shareholders of the company request information on the company’s strategy to accurately measure, report and reduce fugitive methane emissions. Such information should be provided in routine annual reporting from 2019.
Santos Limited ABN 80 007 550 923 GPO Box 2455, Adelaide SA 5001 T +61 8 8116 5000 F +61 8 8116 5131 www.santos.com Page 2 of 2