Business
Result of AGM
Result of AGM.
About this update from Pantheon Resources Plc
[{"type":"text","content":"\n \n \n \n \n \n 22 March, 2023 \n \n \n Pantheon Resources plc\n \n \n Result of AGM\n \n \n \n \n \n Pantheon Resources plc (\"Pantheon\" or \"the Company\"), the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 153,000 acres adjacent and near to transportation and pipeline infrastructure on the Alaska North Slope, is pleased to announce that at the Annual General Meeting, reconvened today, all resolutions were duly passed. A breakdown of the votes are provided below:\n \n \n \n \n \n \n \n \n \n \n Ordinary Resolutions\n \n \n \n \n \n \n For\n \n \n \n \n \n \n %\n \n \n \n \n \n \n Against\n \n \n \n \n \n \n %\n \n \n \n \n \n \n \n 1. \n To receive and adopt the Company's annual accounts for the financial year ended 30 June 2022 together with the directors' reports and the auditors'' report on those accounts.\n \n \n \n \n 189,065,217\n \n \n \n \n \n 96.7\n \n \n \n \n \n 6,509,782\n \n \n \n \n \n 3.3\n \n \n \n \n \n \n \n 2. \n To re-elect Robert Rosenthal as a director of the Company.\n \n \n \n \n 192,586,715\n \n \n \n \n \n 98.4\n \n \n \n \n \n 3,095,208\n \n \n \n \n \n 1.6\n \n \n \n \n \n \n \n 3. \n To re-appoint PKF Littlejohn LLP as auditors and to authorise the directors to determine their remuneration.\n \n \n \n \n 186,584,077\n \n \n \n \n \n 95.4\n \n \n \n \n \n 9,079,314\n \n \n \n \n \n 4.6\n \n \n \n \n \n \n \n 4. \n To authorise the directors to allot relevant securities pursuant to Section 551 of the Companies Act 2006.\n \n \n \n \n 184,620,133\n \n \n \n \n \n 94.4\n \n \n \n \n \n 10,962,352\n \n \n \n \n \n 5.6\n \n \n \n \n \n \n \n \n Special Resolution\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 5. \n To authorise the directors to allot equity securities pursuant to Section 570 of the Companies Act 2006.\n \n \n \n \n 152,201,723\n \n \n \n \n \n 77.9\n \n \n \n \n \n 43,201,074\n \n \n \n \n \n 22.1\n \n \n \n \n \n \n \n \n \n \n \n \n \n The Board has noted that the votes cast against resolution 5 (22.1%) were slightly greater than 20% of those exercised in total by the Company's shareholders. The Board engages with shareholders on an ongoing basis and reflects carefully ...