INFIGEN ENERGY LIMITED 16 November 2018
RESULTS OF ANNUAL GENERAL MEETINGS HELD TODAY
Infigen Energy (ASX: IFN) is pleased to announce the results of voting on the resolutions put to the Annual General Meeting of security holders today as outlined below.
Due to the stapled nature of IFN securities, the meeting was a concurrent Annual General Meeting of the shareholders of Infigen Energy Limited (the "Company") and Infigen Energy (Bermuda) Limited (the "Foreign Company") as well as a General Meeting of the unitholders of Infigen Energy Trust (the "Trust").
Item 2:Remuneration Report - Company only
To adopt the Remuneration Report for the year ended 30 June 2018. The Remuneration Report is set out in the Directors' Report included within the Infigen Energy Annual Report 2018.
This was a non-binding advisory vote.
The following was the proxy voting position as at proxy close:
Votes where the proxy was directed to vote in favour | 648,298,584 | 95% |
Votes where the proxy may exercise discretion how to vote | 1,056,727 | 0.2% |
Votes where the proxy was directed to vote against | 32,860,498 | 4.8% |
TOTAL VALID AVAILABLE VOTES | 682,215,809 |
*There were 538,052 proxy votes which were directed to abstain from voting.
The result of voting on item 2 was that the resolution was passed by way of a poll, as follows:
Item 3:
Votes in favour | 654,657,914 | 95.2% |
Votes against | 32,979,396 | 4.8% |
Votes abstaining | 539,266 | |
619,520,831 | 90.8% | |
1,148,103 | 0.2% | |
61,486,273 | 9% | |
682,155,207 |
The re-election of Mr Philip Green as a Director. |
The following was the proxy voting position as at proxy close: |
Votes where the proxy was directed to vote in favour |
Votes where the proxy may exercise discretion how to vote |
Votes where the proxy was directed to vote against |
TOTAL VALID AVAILABLE VOTES |
Director Re-election - Company and Foreign Company
*There were 598,654 proxy votes which were directed to abstain from voting.
The result of voting on item 3 was that the resolution was passed by way of a poll, as follows:
Votes in favour | 626,314,488 | 91.05% |
Votes against | 61,531,565 | 8.95% |
Votes abstaining | 598,654 |
Item 4:STAPLING RESTRUCTURE PROPOSALItem 4A: Approval of the Stapling Restructure Proposal - Company, Foreign Company and
Trust
The following was the proxy voting position as at proxy close:
Votes where the proxy was directed to vote in favour | 680,901,799 | 99.79% |
Votes where the proxy may exercise discretion how to vote | 1,117,732 | 0.16% |
Votes where the proxy was directed to vote against | 320,392 | 0.05% |
TOTAL VALID AVAILABLE VOTES | 682,339,923 |
* There were 413,938 proxy votes which were directed to abstain from voting.
The result of voting on item 4A was that the resolution was passed by way of a poll, as follows:
Item 4B: Amendment to the Company Constitution - Company only
The following was the proxy voting position as at proxy close:
99.95% | ||
0.05% | ||
Votes where the proxy was directed to vote in favour | 680,005,158 | 99.67% |
Votes where the proxy may exercise discretion how to vote | 1,270,552 | 0.19% |
Votes where the proxy was directed to vote against | 1,006,505 | 0.15% |
TOTAL VALID AVAILABLE VOTES | 682,282,215 |
Votes in favour Votes against Votes abstaining
687,710,376 320,393 413,938
* There were 471,646 proxy votes which were directed to abstain from voting.
The result of voting on item 4B was that the resolution was passed by way of a poll, as follows:
Votes in favour | 686,966,555 | 99.85% |
Votes against | 1,006,506 | 0.15% |
Votes abstaining | 471,646 | |
A copy of the amended Company Constitution is attached. |
Item 4C: Amendment to the Trust Constitution - Trust only
The following was the proxy voting position as at proxy close:
Votes where the proxy was directed to vote in favour | 680,135,916 | 99.69% |
Votes where the proxy may exercise discretion how to vote | 1,122,508 | 0.16% |
Votes where the proxy was directed to vote against | 1,019,068 | 0.15% |
TOTAL VALID AVAILABLE VOTES | 682,277,492 |
* There were 476,369 proxy votes which were directed to abstain from voting.
The result of voting on item 4C was that the resolution was passed by way of a poll, as follows:A copy of the amended Trust Constitution is attached.
Item 4D: Amendment to the Foreign Company Bye-Laws - Foreign Company only
The following was the proxy voting position as at proxy close:
Votes in favour Votes against Votes abstaining
99.85% | ||
0.15% | ||
Votes where the proxy was directed to vote in favour | 679,628,678 | 99.62% |
Votes where the proxy may exercise discretion how to vote | 1,633,123 | 0.24% |
Votes where the proxy was directed to vote against | 983,710 | 0.14% |
TOTAL VALID AVAILABLE VOTES | 682,245,511 |
686,949,269 1,019,069 476,369
* There were 507,749 proxy votes which were directed to abstain from voting.
The result of voting on item 4D was that the resolution was passed by way of a poll, as follows:
Item 4E: Capital Restructure of the Foreign Company - Foreign Company only
The following was the proxy voting position as at proxy close:
Votes in favour Votes against Votes abstaining
99.86% | ||
0.14% | ||
Votes where the proxy was directed to vote in favour | 680,923,725 | 99.79% |
Votes where the proxy may exercise discretion how to vote | 1,124,123 | 0.16% |
Votes where the proxy was directed to vote against | 303,884 | 0.05% |
TOTAL VALID AVAILABLE VOTES | 682,351,732 |
686,952,646 983,711 507,749
* There were 402,129 proxy votes which were directed to abstain from voting.
The result of voting on item 4E was that the resolution was passed by way of a poll, as follows:
Votes in favour | 687,738,693 | 99.96% |
Votes against | 303,885 | 0.04% |
Votes abstaining | 402,129 |
Item 5: Participation in the Infigen Energy Equity Plan by Mr Ross Rolfe - Company,
Foreign Company and Trust
Approval of the issue of up to 500,224 performance rights under the Infigen Energy Equity Plan to Ross Rolfe.
The following was the proxy voting position as at proxy close:
Votes where the proxy was directed to vote in favour | 657,426,538 | 96.3% |
Votes where the proxy may exercise discretion how to vote | 1,031,885 | 0.2% |
Votes where the proxy was directed to vote against | 23,835,647 | 3.5% |
TOTAL VALID AVAILABLE VOTES | 682,294,070 |
* There were 457,373 proxy votes which were directed to abstain from voting.
The result of voting on item 5 was that the resolution was passed by way of a poll, as follows:
Votes in favour | 663,965,319 | 96.53% |
Votes against | 23,888,728 | 3.47% |
Votes abstaining | 457,373 |
Item 6: Participation in the Infigen Energy Equity Plan by Ms Sylvia Wiggins - Company,
Foreign Company and Trust
Approval of the issue of up to 379,274 performance rights under the Infigen Energy Equity Plan to Sylvia Wiggins.
The following was the proxy voting position as at proxy close:
Votes where the proxy was directed to vote in favour | 657,348,922 | 96.3% |
Votes where the proxy may exercise discretion how to vote | 1,156,233 | 0.2% |
Votes where the proxy was directed to vote against | 23,760,862 | 3.5% |
TOTAL VALID AVAILABLE VOTES | 682,266,017 |
* There were 487,844 proxy votes which were directed to abstain from voting.
The result of voting on item 6 was that the resolution was passed by way of a poll, as follows:
Votes in favour | 664,130,747 | 96.54% |
Votes against | 23,813,943 | 3.46% |
Votes abstaining | 487,844 |
Item 7: Re-appointment of Auditor - Foreign Company only
Re-appointment of PricewaterhouseCoopers as auditor of the Foreign Company.
The following was the proxy voting position as at proxy close:
Votes where the proxy was directed to vote in favour | 677,577,404 | 99.3% |
Votes where the proxy may exercise discretion how to vote | 1,241,203 | 0.2% |
Votes where the proxy was directed to vote against | 3,590,169 | 0.5% |
TOTAL VALID AVAILABLE VOTES | 682,408,776 |
*There were 345,085 proxy votes which were directed to abstain from voting.
The result of voting on item 7 was that the resolution was passed by way of a poll, as follows:Votes in favour Votes against Votes abstaining
684,509,453 3,590,169 345,085
99.48% 0.52%
ENDS
For further information please contact:
Sylvia Wiggins
Executive Director - Finance & Commercial +61 2 8031 9900
About Infigen Energy
Infigen is a leading Australian Securities Exchange (ASX) listed energy market participant delivering energy solutions to Australian businesses and large retailers.
Infigen supplies clean energy from a combination of renewable energy generation and firming solutions available from the broader energy market to Australian business customers.
Infigen is a licensed energy retailer in the National Electricity Market (NEM) regions of Queensland, New South Wales (including the Australian Capital Territory), Victoria and South Australia. The company has wind generation assets in New South Wales, South Australia and Western Australia. Infigen is also developing options for firming in the NEM to support its business strategy.
Infigen is proudly Australia's largest listed owner of wind power generators by installed capacity of 557MW, with a further 113.2MW under construction in New South Wales, and actively supports the communities in which it operates. For further information, please visit:www.infigenenergy.com
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Infigen Energy Limited published this content on 16 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 November 2018 05:48:07 UTC
