19 November 2021
Jupiter Energy Limited ("Jupiter" or the "Company")
2021 AGM RESULTS
Suite 2, Level 13
350 Collins Street Melbourne VIC 3000 Tel: +613 9592 2357 www.jupiterenergy.com
The 2021 Annual General Meeting of Jupiter Energy Limited (ASX: "JPR") was held online today, Friday 19 November 2021, commencing at 2pm AEDT.
In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001 (Cth), we advise details of the Resolutions put to the meeting, proxies received and Poll results in respect of the Resolutions as set out in the attached summary.
All four (4) Resolutions were put to a Poll, with each Resolution carried by the requisite majority.
The Board thanks shareholders for their ongoing interest in the Company and look forward to welcoming them back in 2022.
ENDS
Authorised by the Jupiter Energy Limited Board
Enquiries:
Jupiter Energy (+61 3 9592 2357)
Geoff Gander (geoff@jupiterenergy.com)
About the Company:
Jupiter Energy Limited is an oil exploration and production company, quoted on the ASX. The Company is focused on developing its onshore assets in Western Kazakhstan. In 2008 the Company acquired 100 per cent of the Block 31 permit, located in the oil-rich Mangistau Basin, close to the port city of Aktau.
Jupiter has a proven in-country management team, led by an experienced, international Board, together possessing the skills, knowledge, network and attention to detail needed to operate successfully in Kazakhstan. The forward plan will see Jupiter develop a group production facility on Block 31 to process, store and export oil. This topside infrastructure is a key element in moving to long-term production and the achievement of self-funding for further development of Block 31.
Disclosure of Proxy Votes
Jupiter Energy Limited
Annual General Meeting
19 November 2021
In accordance with section 251AA of the Corporations Act 2001, the following information is provided in relation to the resolutions put to members at the meeting, which were decided on a Poll.
Proxy Votes | Poll | Result | |||||||||
Resolution | For | Against | Open | Total | Exclusions | Abstain | For | Against | Abstain | Carried / Not Carried | |
Resolution 1 | Adoption of Remuneration Report | 73,158,415 | 6,175 | 209,537 | 73,374,127 | - | 12,334 | 73,367,952 | 6,175 | 12,334 | Carried |
99.70% | 0.01% | 0.29% | 99.99% | 0.01% | |||||||
Resolution 2 | Election of Mr. Mark Ewing | 73,167,423 | 1,334 | 209,537 | 73,378,294 | - | 8,167 | 73,376,960 | 1,334 | 8,167 | Carried |
99.71% | 0.00% | 0.29% | 100.00% | 0.00% | |||||||
Resolution 3 | Re-Election of Mr. Alexey Kruzhkov | 73,167,423 | 1,334 | 209,537 | 73,378,294 | - | 8,167 | 73,376,960 | 1,334 | 8,167 | Carried |
99.71% | 0.00% | 0.29% | 100.00% | 0.00% | |||||||
Resolution 4 | Additional 10% Placement Capacity | 73,160,827 | 6,175 | 209,537 | 73,376,539 | - | 9,922 | 73,370,364 | 6,175 | 9,922 | Carried |
99.70% | 0.01% | 0.29% | 99.99% | 0.01% | |||||||