11 November 2013
RESULTS OF ANNUAL GENERAL MEETING - 11 NOVEMBER 2013
Oilex Ltd (ASX: OEX, AIM: OEX, Oilex) advises that the resolutions detailed below, which were put to the Annual General Meeting of Shareholders held at 3.00pm on Monday 11 November 2013, were passed on a show of hands:
As Ordinary Resolutions
Resolution 1 - Adoption of Remuneration Report
Resolution 2 - Spill Resolution - Withdrawn
Resolution 3 - To re-elect Mr Sundeep Bhandari as a non-executive Director
Resolution 5 - Issue of Related Party Options to a Director - Mr Ronald Miller
As Special Resolution
Resolution 4 - Approval of 10% Placement capacity - Shares
Proxy Voting
In accordance with Section 251AA of the Corporations Act, proxy votes and number of shares voted were recorded as follows for 88 valid proxies:
ORDINARY RESOLUTIONS |
FOR |
AGAINST |
PROXY HOLDER DISCRETION |
ABSTAIN |
Resolution 1 |
16,460,796 |
1,880,352 |
3,902,902 |
28,685,448 |
Resolution 3 |
35,327,953 |
478,746 |
9,798,944 |
5,323,855 |
Resolution 4 |
38,661,053 |
1,564,046 |
9,805,944 |
898,455 |
Resolution 5 |
12,681,353 |
5,672,940 |
4,419,508 |
28,155,697 |
For and on behalf of the Board
Robert Ierace
Chief Financial Officer & Company Secretary
For further information, please contact:
Oilex Ltd Ron Miller, Managing Director Email: [email protected] Tel: +61 8 9485 3200 Australia |
RFC Ambrian Limited Nominated Adviser and AIM Broker Samantha Harrison Email: [email protected] Tel: +44 203 440 6800 UK |
Tavistock Communications Ed Portman Email: [email protected] Tel: +44 207 920 3150 UK |
