| PRESS RELEASE | 26 June 2019 |
WENTWORTH RESOURCES PLC
("Wentworth" or the "Company")
Result of 2019 Annual General Meeting
Wentworth, the AIM (AIM: WEN) listed independent, East Africa-focused oil & gas company advises that at its AGM, held today, all resolutions were passed.
Prior to the meeting the following proxy votes were received by the Company from Shareholders:
| For | Against | Withheld | ||||
| No. of shares | % of votes | No. of shares | % of votes | |||
| Ordinary Resolutions | ||||||
| 1 | To receive the Company’s Annual Report and accounts 2018 | 93,287,950 | 100 | 0 | 0 | 0 |
| 2 | To re-appoint Robert McBean as a director of the Company | 90,667,550 | 97.19 | 2,620,400 | 2.81 | 0 |
| 3 | To re-appoint John Bentley as a director of the Company | 89,591,277 | 96.04 | 3,696,673 | 3.96 | 0 |
| 4 | To re-appoint Eskil Jersing as a director of the Company | 93,287,950 | 100 | 0 | 0 | 0 |
| 5 | To re-appoint Katherine Roe as a director of the Company | 92,211,677 | 98.85 | 1,076,273 | 1.15 | 0 |
| 6 | To re-appoint Tim Bushell as a director of the Company | 93,287,950 | 100 | 0 | 0 | 0 |
| 7 | To re-appoint Iain McLaren as a director of the Company | 93,287,950 | 100 | 0 | 0 | 0 |
| 8 | To re-appoint KPMG as auditors of the Company | 90,667,550 | 100 | 0 | 0 | 2,620,400 |
| 9 | To authorise the Directors to determine the remuneration of the auditors | 83,589,853 | 89.60 | 9,698,097 | 10.4 | 0 |
| 10 | To authorise the Directors to allot shares | 75,729,352 | 81.18 | 17,558,598 | 18.82 | 0 |
| Special Resolutions | ||||||
| 11 | To disapply pre-emption rights in respect of the allotment of shares | 75,729,352 | 100 | 0 | 0 | 17,558,598 |
| 12 | To disapply pre-emption rights in respect of the allotment of shares in additional limited circumstances | 73,108,952 | 78.37 | 20,178,998 | 21.63 | 0 |
| 13 | To authorise the Company to make market purchases of its own shares | 90,667,550 | 97.19 | 2,620,400 | 2.81 | 0 |
*NB percentage of votes cast excludes votes withheld
-Ends-
| Enquiries: Wentworth | Eskil Jersing, Chief Executive Officer Katherine Roe, Chief Financial Officer | eskil.jersing@wentplc.com +44 7717 847623 katherine.roe@wentplc.com +44 7841 087230 |
| Stifel Nicolaus Europe Limited | AIM Nominated Adviser and Broker Callum Stewart Ashton Clanfield Simon Mensley | +44 (0) 20 7710 7600 |
| Peel Hunt LLP | Broker (UK) Richard Crichton Ross Allister | +44 (0) 20 7418 8900 |
| Vigo | Investor Relations Adviser (UK) Patrick d’Ancona Chris McMahon | +44 (0) 20 7390 0230 |
About Wentworth Resources
Wentworth Resources is a publicly traded ( AIM: WEN), independent oil & gas company with natural gas production, exploration and appraisal opportunities in the onshore Rovuma Delta Basin of coastal southern Tanzania.
Inside Information
This announcement does not contain inside information.
Attachment
