17 November 2016
RESULTS OF ANNUAL GENERAL MEETINGS HELD TODAYInfigen Energy (ASX: IFN) is pleased to announce the results of voting on the resolutions put to the Annual General Meeting of securityholders 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 onlyTo adopt the Remuneration Report for the year ended 30 June 2016. The Remuneration Report is set out in the Directors' Report included within the Infigen Energy Annual Report 2016.
This was a non-binding advisory vote.
Votes where the proxy was directed to vote in favour | 463,573,943 | 91.16% |
Votes where the proxy may exercise discretion how to vote | 1,274,782 | 0.25% |
Votes where the proxy was directed to vote against | 43,686,619 | 8.59% |
TOTAL VALID AVAILABLE VOTES | 508,535,344 |
*There were 1,525,874 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:
Votes for | 464,975,357 | 91.37% |
Votes against | 43,904,516 | 8.63% |
Votes abstaining | 1,533,277 |
IFN confirms that less than 25% of the votes cast were against the adoption of the Remuneration Report.
Item 3: Director Re-election - Company and Foreign CompanyThe re-election of Mr Philip Green as a Director.
Votes where the proxy was directed to vote in favour | 506,330,684 | 99.33% |
Votes where the proxy may exercise discretion how to vote | 1,340,270 | 0.26% |
Votes where the proxy was directed to vote against | 2,051,938 | 0.4% |
TOTAL VALID AVAILABLE VOTES | 509,722,892 |
* There were 338,326 proxy votes which were directed to abstain from voting.
The result of voting on item 3 was that the resolution was passed on a show of hands.
Item 4: Director Election - Company and Foreign CompanyThe election of Ms Sylvia Wiggins as a Director.
Votes where the proxy was directed to vote in favour | 508,100,037 | 99.7% |
Votes where the proxy may exercise discretion how to vote | 1,339,877 | 0.26% |
Votes where the proxy was directed to vote against | 214,545 | 0.04% |
TOTAL VALID AVAILABLE VOTES | 509,654,459 |
* There were 406,759 proxy votes which were directed to abstain from voting.
The result of voting on item 4 was that the resolution was passed on a show of hands.
Item 5: Participation in the Infigen Energy Equity Plan by Mr Miles George - Company, Foreign Company and TrustAs announced on 13 October 2016, Infigen's Managing Director, Mr Miles George, provided notice of his intention to retire from his employment with Infigen. In light of this, and as announced on 14 October 2016, resolution 5 in the Notice of Meeting seeking approval of Mr George's further participation in the Infigen Energy Equity Plan was withdrawn and was not put to the Annual General Meeting.
Item 6: Re-appointment of Auditor - Foreign Company onlyRe-appointment of PricewaterhouseCoopers as auditor of the Foreign Company.
Votes where the proxy was directed to vote in favour | 507,522,659 | 99.58% |
Votes where the proxy may exercise discretion how to vote | 1,971,402 | 0.39% |
Votes where the proxy was directed to vote against | 183,802 | 0.04% |
TOTAL VALID AVAILABLE VOTES | 509,677,863 |
*There were 382,855 proxy votes which were directed to abstain from voting.
The result of voting on item 6 was that the resolution was passed on a show of hands.
ENDSFor further information please contact:
Richie Farrell Marju Tonisson
General Manager, Strategy & Corporate Affairs Manager, ESG & Investor Relations Tel +61 2 8031 9901 Tel +61 2 8031 9902
About Infigen Energy
Infigen Energy (Infigen) is a developer, owner and operator of renewable energy generation in Australia. We own six wind farms and a solar farm with a combined installed capacity of 557 megawatts operating in New South Wales, South Australia and Western Australia.
Infigen's operating assets generate enough power to meet the needs of over 250,000 homes saving over a million tonnes of carbon dioxide emissions each year.
Infigen's development pipeline comprises approximately 1,100 megawatts of large-scale wind and solar projects spread across five states in Australia.
Infigen trades on the Australian Securities Exchange (ASX) under the code IFN. For further information please visit our website: www.infigenenergy.com
Infigen Energy Limited published this content on 17 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 November 2016 07:33:09 UTC.
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