Echo Energy, the Latin American focused full cycle energy company, advises that it held its Annual General Meeting (AGM) earlier.
The resolutions were voted on by way of a poll. Resolutions 1 to 5 were duly passed whilst resolution 6 did not meet the requisite 75% voting threshold for that special resolution to pass.
The proxy votes cast prior to the AGM were as follows:
|
Resolutions |
For |
% |
Against |
% |
Withheld |
|
1 |
140,309,493
|
99.87
|
186,808 |
0.13 |
0 |
|
2 |
137,434,846 |
97.82 |
3,061,455 |
2.18 |
0
|
|
3 |
137,088,704 |
97.60 |
3,368,783 |
2.40 |
38,814 |
|
4 |
80,078,956 |
57.01 |
60,388,574 |
42.99 |
28,771 |
|
5 |
136,502,821 |
97.20 |
3,925,895 |
2.80 |
67,585 |
|
6 |
78,704,196 |
56.05 |
61,724,520 |
43.95 |
67,585 |
A “Vote withheld” is not a vote in law and is not counted in the calculation of the percentage of shares voted “For” or “Against” any resolution
|