Business
Result of AGM
Result of AGM.
About this update from Nostrum Oil & Gas Plc
[{"type":"text","content":"\n\n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION\n \n \nLondon, 30 June 2025\n \n \nResults of Annual General Meeting\n \nFollowing today's Annual General Meeting (\"AGM\"), convened by the Notice of AGM dated 6 June 2025, Nostrum Oil & Gas PLC (\"Nostrum\", or \"the Company\"), an independent mixed-asset energy company with world-class gas processing facilities and export hub in north-west Kazakhstan, is pleased to announce the results of the poll for each resolution set out in the Notice of AGM.\n \nThe Company is separately announcing today certain changes to the Board as a result of the poll on the resolutions, together with the commencement of discussions between the Company's principal investors in relation the scheduled maturity of the Senior Secured Notes and Senior Unsecured Notes due in June 2026 issued by Nostrum's subsidiary Nostrum Oil & Gas Finance B.V.\n \nThe results of the poll for each resolution were as follows:\n \n\n\n\n\nNO\n\n\nRESOLUTION\n\n\nVOTES FOR\n\n\n%\n\n\nVOTES AGAINST\n\n\n%\n\n\nVOTES TOTAL\n\n\n% of ISSUED SHARE CAPITAL VOTED\n\n\nVOTES WITHHELD\n\n\n\n\n1. \n\n\nTo receive the Company's Annual Report and Accounts for the year ended 31 December 2024.\n\n\n86,341,086\n\n\n99.99\n\n\n1,300\n\n\n0.01\n\n\n86,342,386\n\n\n52.25\n\n\n120,000\n\n\n\n\n2. \n\n\nTo approve the Directors' Remuneration Report, other than the part containing the Directors' Remuneration Policy, in the form set out in the Company's Annual Report and Accounts for the year ended 31 December 2024.\n\n\n9,082,685\n\n\n10.50\n\n\n77,379,701\n\n\n89.50\n\n\n86,462,386\n\n\n52.32\n\n\n0\n\n\n\n\n3. \n\n\nTo reappoint Mr Khan as a Director.\n\n\n12,220,371\n\n\n14.13\n\n\n74,242,015\n\n\n85.87\n\n\n86,462,386\n\n\n52.32\n\n\n0\n\n\n\n\n4. \n\n\nTo reappoint Mr Whyte as a director\n\n\n45,183,334\n\n\n77.51\n\n\n13,108,579\n\n\n22.49\n\n\n58,291,913\n\n\n35.28\n\n\n28,170,473\n\n\n\n\n5. \n\n\nTo reappoint Mr Hopkinson as a director.\n\n\n12,220,743\n\n\n14.13\n\n\n74,241,643\n\n\n85.87\n\n\n86,462,386\n\n\n52.32\n\n\n0...