Toro : EGM Results 17 March 2017

At the Extraordinary General Meeting of the Company on 17 March 2017, the proposed resolutions were all duly approved by the shareholders.

Details of the proxy votes lodged are set out below:Ordinary Resolution	For	Against	At Discretion	Withheld
1. That, the Company be and is hereby generally and unconditionally authorised in accordance with Article 8.1 of the Articles and section 315 of the Companies Law to make market acquisitions (as defined in the Companies Law) of the Shares in the capital of the Company in issue provided that: (i) the maximum number of Shares hereby authorised to be purchased is 51,813,664 Shares, or such other number of Shares that is equal to 14.99 per cent. of the issued share capital of the Company (excluding treasury shares) on 17 March 2017; (ii) the minimum price (exclusive of expenses) which may be paid for a Share shall be €0.01 per Share; (iii) the maximum price (exclusive of expenses) which may be paid for a Share shall be an amount equal to the higher of: (i) 105 per cent. of the average of the middle market quotations for a Share (as published by the London Stock Exchange) for the five trading days immediately preceding the day on which the Share is contracted to be purchased; and (ii) the higher of the price of the last independent trade in the Shares and the highest then current independent bid for the Shares; (iv) the authority hereby conferred	211,192,734	0	2,398,495	1,188,026