29 May 2013
EnQuest PLC ("EnQuest" or the "Company")
Voting results of the Annual General Meeting held on 29 May 2013
EnQuest announces that at the Company's Annual General Meeting held today, all
resolutions set out in the Notice of Annual General Meeting and put to the
meeting were passed by the requisite majority.
Set out below are the voting proxies in respect of the resolutions received by
the Company at the close of register on 27 May 2013. The number of ordinary
shares in issue at that date was 802,660,757.
Resolution For * % Against % Votes Total
Withheld**
Resolution 1 466,970,621 98.95 4,944,894 1.05 471,915,515
10,570,026
Annual Report &
Accounts
Resolution 2 468,292,695 96.94 14,801,329 3.06 483,094,024 66,944
Re-election of Dr
James Buckee
Resolution 3 472,898,442 97.88 10,228,962 2.12 483,127,404 32,891
Re-election of
Amjad Bseisu
Resolution 4 481,366,741 99.64 1,729,507 0.36 483,096,248 63,775
Re-election of
Jonathan Swinney
Resolution 5 463,735,335 96.01 19,277,831 3.99 483,013,166 76,171
Re-election of
Helmut Langanger
Resolution 6 454,621,109 94.36 27,149,416 5.64 481,770,525 1,389,769
Re-election of
Jock
Lennox
Resolution 7 474,517,927 98.23 8,573,748 1.77 483,091,675 68,619
Re-election of
Phil
Nolan
Resolution 8 463,414,252 95.93 19,675,545 4.07 483,089,797 70,901
Re-election of
Clare
Spottiswoode
Resolution 9 438,401,387 90.75 44,693,725 9.25 483,095,112 63,183
Re-appointment of
auditors
Resolution10 464,131,741 98.11 8,928,831 1.89 473,060,572
10,098,645
Remuneration
Report
Resolution11 473,230,753 97.97 9,792,466 2.03 483,023,219 133,886
Political
Donations
Resolution12 395,273,272 81.82 87,834,456 18.18 483,107,728 49,446
Authority to
allot
shares
Resolution13 482,957,539 99.98 73,873 0.02 483,031,412 46,288
***Disapplication
of pre-emption
rights
Resolution14 482,791,921 99.93 335,069 0.07 483,126,990 32,136
***Authority to
purchase own
shares
Resolution15 394,888,680 81.74 88,222,946 18.26 483,111,626 47,163
***14 days'
notice
* Includes discretionary votes
** A vote withheld is not a vote in law and is not counted for the purposes of
the calculation of the proportion of votes 'For' or 'Against' a resolution.
*** Indicates a Special Resolution,
The full text of each resolution, along with details of the proxy votes received
by the company before the AGM in respect of each resolution will be available on
the company website, www.enquest.com
The Company has today submitted to the National Storage Mechanism copies of the
Resolutions passed at the Annual General Meeting and will shortly be available
for inspection at www.hemscott.com/nsm.do
ENDS
For further information please contact:
EnQuest
PLC
Tel: +44 (0)20 7925 4900
Paul Waters (Company Secretary)
Notes to editors
EnQuest is the largest UK independent producer in the UK North Sea. EnQuest PLC
trades on both the London Stock Exchange and the NASDAQ OMX Stockholm. It is a
constituent of the FTSE 250 index. Its assets include the Thistle, Deveron,
Heather, Broom, West Don, Don Southwest and Conrie producing fields and the Alma
and Galia development. At the end of 2012, including the licences EnQuest was
offered through the UK's 27th Licensing Round, EnQuest had interests in 39
production licences covering 55 blocks or part blocks in the UKCS, of which 31
licences are operated by EnQuest. In addition, EnQuest also has an interest in
two blocks offshore in Sabah, Malaysia.
EnQuest believes that the UKCS represents a significant hydrocarbon basin in a
low risk region, which continues to benefit from an extensive installed
infrastructure base and skilled labour. EnQuest believes that its assets offer
material organic growth opportunities, driven by exploitation of current
infrastructure on the UKCS and the development of low risk near field
opportunities.
Forward looking statements: This announcement may contain certain forward
-looking statements with respect to EnQuest's expectation and plans, strategy,
management's objectives, future performance, production, costs, revenues,
reserves and other trend information. These statements and forecasts involve
risk and uncertainty because they relate to events and depend upon circumstances
that may occur in the future. There are a number of factors which could cause
actual results or developments to differ materially from those expressed or
implied by these forward looking statements and forecasts. The statements have
been made with reference to forecast price changes, economic conditions and the
current regulatory environment. Nothing in this presentation should be
construed as a profit forecast. Past share performance cannot be relied on as a
guide to future performance.
Result of AGM
| Source: EnQuest PLC
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