New Zealand Oil and gas
SHAREPRICE

Annual Meeting

Posted on 13 December 2019

Six resolutions were voted on by shareholders at the Annual Meeting of New Zealand Oil & Gas held in Wellington on the 12th December 2019.

 

Results were as follows:

 

Resolution 1:
AMENDMENT TO CONSTITUTION
For: 127,000,992 (98.77%) Against: 1,576,276 (1.23%) Abstain: 937,749
The resolution was therefore approved.


Resolution 2:
ELECTION OF DIRECTORS
That Mr R Ritchie be elected as a director
For: 116,943,688 (90.51%) Against: 12,262,323 (9.49%) Abstain: 309,006
The resolution was therefore approved.


Resolution 3:
ELECTION OF DIRECTORS
That Mr B Roulston be elected as a director
For: 9,634,892 (7.46%) Against: 119,437,858 (92.54%) Abstain: 442,267
The resolution was therefore not approved.


Resolution 4:
ELECTION OF DIRECTORS
That Ms S Sharif be elected as a director
For: 6,384,938 (4.99%) Against: 121,516,028 (95.01%) Abstain: 1,614,051
The resolution was therefore not approved.
For further information please contact:
John Pagani, MOB: +64 21 570 872


Resolution 5:
SHAREHOLDER PROPOSAL
That the Board release to all shareholders all relevant reports and analysis (including but not
limited to technical and financial chance of success projections) for the Ironbark Prospect which
was initially announced to the NZX by the Company on 26 October 2018
For: 7,425,990 (5.77%) Against: 121, 256, 180 (94.23%) Abstain: 832,847
The resolution was therefore not approved.


Resolution 6:
That the Company’s Board of Directors be authorised to fix the auditor’s remuneration.
For: 128,841,599 (99.89%) Against: 141,946 (0.11) Abstain: 531,472
The resolution was therefore approved.