CALGARY, May 20, 2015 /CNW/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) is pleased to announce that 148,146,895 shares (56.72% of the Company's issued and outstanding shares) were represented at the Annual Meeting of Shareholders held on May 20, 2015 (the "Meeting") and all of the resolutions were duly passed. Specifically, all of the nine Director nominees proposed in the Company's management information circular, dated April 14, 2015, were elected as Directors of the Company. The voting results for each nominee are set out below:
|
Nominee
|
Votes For
|
Votes Withheld
|
|
Number
|
Percentage
|
Number
|
Percentage
|
|
Abdel F. Badwi
|
142,194,794
|
95.98
|
5,952,101
|
4.02
|
|
Eric Brown
|
147,617,666
|
99.64
|
529,229
|
0.36
|
|
Wesley Clark
|
139,396,132
|
94.09
|
8,750,763
|
5.91
|
|
Robert Cross
|
140,698,640
|
94.97
|
7,448,255
|
5.03
|
|
David French
|
147,618,054
|
99.64
|
528,841
|
0.36
|
|
Jonathan Harris
|
141,397,767
|
95.44
|
6,749,128
|
4.56
|
|
Phillip Knoll
|
147,629,644
|
99.65
|
517,251
|
0.35
|
|
Ian McMurtrie
|
147,624,372
|
99.65
|
522,523
|
0.35
|
|
John B. Zaozirny
|
143,537,402
|
96.89
|
4,609,493
|
3.11
|
In addition, Bankers reports that 97.09% of the shares represented in person or by proxy at the Meeting were voted in favour of the Company's approach to executive compensation as more particularly set forth in the Management Information Circular.
All voting results will be posted on SEDAR.
About Bankers Petroleum Ltd.
Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration and production company focused on developing large oil and gas reserves. In Albania, Bankers operates and has the full rights to develop the Patos-Marinza heavy oilfield, has a 100% interest in the Kuçova oilfield, and a 100% interest in Exploration Block "F". Bankers' shares are traded on the Toronto Stock Exchange and the AIM Market in London, England under the stock symbol BNK.
SOURCE Bankers Petroleum Ltd.
David French, President and Chief Executive Officer, (403) 513-6930; Doug Urch, Executive VP, Finance and Chief Financial Officer, (403) 513-2691; Laura Bechtel, Investor Relations Analyst, (403) 513-3428; Email: investorrelations@bankerspetroleum.com, Website: www.bankerspetroleum.com; AIM NOMAD: Canaccord Genuity Limited, Henry Fitzgerald-O'Connor, +44 0 207 523 8000; AIM BROKER: FirstEnergy Capital LLP, Hugh Sanderson / David van Erp, +44 0 207 448 0200Copyright CNW Group 2015