Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Samson Oil & Gas LTD | v393985_8-k.htm |
Exhibit 99.1
SAMSON OIL & GAS LIMITED ANNOUNCES RESULTS OF ANNUAL
GENERAL MEETING
Perth 11 November 2014
Pursuant to ASX Listing Rule 3.13.2, Samson Oil & Gas Limited advises on the outcome of voting on the resolutions put to shareholders at the Annual General Meeting held today 11 November 2014.
Details of the voting in regard to the resolutions (together with the information required to be given by Section 251AA of the Corporations Act) was as follows:
Resolution 1 – Re - Election of Victor Rudenno as a Director
Resolution passed by a show of hands. Proxy votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 360,284,074 |
| Votes of proxies directed to vote against the resolution | : | 150,472,875 |
| Votes of proxies directed to abstain on the resolution | : | 17,058,686 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
Resolution 2 – Adoption of Remuneration Report
Resolution defeated by a show of hands. Proxy votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 236,966,021 |
| Votes of proxies directed to vote against the resolution | : | 248,091,455 |
| Votes of proxies directed to abstain on the resolution | : | 42,758,159 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
Resolution 3 – Ratify allotment of shares and options
Proxy votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 259,426,523 |
| Votes of proxies directed to vote against the resolution | : | 250,558,009 |
| Votes of proxies directed to abstain on the resolution | : | 17,831,103 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
Resolution 3 was passed on a Poll. Votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 259,426,523 |
| Votes of proxies directed to vote against the resolution | : | 250,558,009 |
| Votes of proxies directed to abstain on the resolution | : | 17,831,103 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
Resolution 4 – Appointment of new auditor
Resolution passed by a show of hands. Proxy votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 435,491,910 |
| Votes of proxies directed to vote against the resolution | : | 79,626,319 |
| Votes of proxies directed to abstain on the resolution | : | 12,687,406 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
Resolution 5 – Approve issue of options to Dr V Rudenno
Resolution was defeated by a show of hands. Proxy votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 206,633,062 |
| Votes of proxies directed to vote against the resolution | : | 298,016,082 |
| Votes of proxies directed to abstain on the resolution | : | 23,166,491 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
Resolution 6 – Approve issue of options to Dr D Craig
Resolution was defeated by a show of hands. Proxy votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 212,579,907 |
| Votes of proxies directed to vote against the resolution | : | 297,949,522 |
| Votes of proxies directed to abstain on the resolution | : | 17,286,206 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
Resolution 7 – Approve issue of options to Mr K Skipper
Resolution was defeated by a show of hands. Proxy votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 211,722,665 |
| Votes of proxies directed to vote against the resolution | : | 297,857,762 |
| Votes of proxies directed to abstain on the resolution | : | 18,235,208 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
Resolution 8 – Adoption of long term incentive plan (LTIP)
Resolution was defeated by a show of hands. Proxy votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 221,579,395 |
| Votes of proxies directed to vote against the resolution | : | 288,069,936 |
| Votes of proxies directed to abstain on the resolution | : | 18,166,304 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
Resolution 9 – Grant of restricted shares under the LTIP to Mr T Barr
Resolution 9 was withdrawn. Proxy votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 183,786,170 |
| Votes of proxies directed to vote against the resolution | : | 313,969,056 |
| Votes of proxies directed to abstain on the resolution | : | 30,606,409 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
Resolution 10 – Advisory vote on named executive officer compensation
Resolution 10 passed by a show of hands. Proxy votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 250,861,241 |
| Votes of proxies directed to vote against the resolution | : | 250,451,530 |
| Votes of proxies directed to abstain on the resolution | : | 26,502,864 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
Resolution 11 – Advisory of U.S base equity incentive plan (U.S base plan)
Resolution 11 was withdrawn. Proxy votes were as follows:
| Votes of proxies directed to vote for the resolution | : | 249,985,012 |
| Votes of proxies directed to vote against the resolution | : | 259,931,980 |
| Votes of proxies directed to abstain on the resolution | : | 17,898,643 |
| Votes of proxies able to vote at the proxies' discretion | : | - |
For and on behalf of the Board of Directors of
SAMSON OIL & GAS LIMITED
DENIS RAKICH
Company Secretary