1996 Annual report PDF 36.77MB - Cairn Energy PLC

Notice of Annual General Meeting!Notice is hereby given that the twenty-sixth Annual ~eneial Meeting of CairnEnergy PLC will be held at Cairn House, 61 Dublin Street. Edinburgh, EH3 6NLon 6 May 1997 at 12.30pm for the following purposes:.As Ordinary BusinessTo consider and, if thought fit, pass the following Ordinary Resolutions:.1. That the Report and Accounts for the year ended 31 December 1996 beapproved.2. That Ernst & Young, Chartered Accountants, be re-appointed as Auditors ofthe Company and that the Directors be authorised to fix their remuneration.3. That Peter J Fowler CMG be re-elected as a Director.4. That Sir David Thomson Bt be re-elected as a Director.As Special BusinessTo consider and, if thought ft, pass the following Special Resolution:-5. That the Directors be and are hereby empowered, in accordance with Section95(1) of the Companies Act 1985 ('the Act"), to allot equity secwities (asdefined by Section 94(2) of the Act) pursuant to the existing authority grantedby shareholders at the Extraordinary General Meeting on 18 October 1996, asif Section 89(1) of the Act did not apply to such allotment, provided that thisDower shall be limited:i. to the allotment or allotments (otherwise than pursuant to sub-paragraphbelow) of such equity securities for cash up to an aggregate nominal valueequal to 5% of the issued share capital of the Company as at the conclusionof the Annual General Meeting at which this Resolution is passed andshares being represented by depository receipts, the requirements of anyregulatory body or stock exchange, or any other matters; and provided furtherthat this authority shall expire at the conclusion of the next Annual GeneralMeeting of the Company after the passing of this Resolution (or, if earlier, on5 August 1998), save that the Company may, before this authority expires oris replaced, make an offer or agreement which would or might require relevantsecurities to be allotted after such expiry or rephcement, and the Directorsmay allot relevant securities in pursuance of such an offer or agreement asif the authority conferred hereby had not expired or, as the case may be,been replaced.By Order of the BoardHew R DundasCompany SecretaryCairn House61 Dublin StreetEdinburgh EH3 6NL14 April 1997Notes:1. A member enMled to attend and vote at the above meeting is enthled to appoint one or mare pmxiesto attend and, on a pdl, to vote instead of him. A pmxy need not be a member of UE Companyme insbument awolntino - a . omm. . twethw - wim the mwer of anamev M dhw authotitv . If an") ..~ndor wncn n s vgncd or a d ~ ccn y hod copy ot sucn porra ot amoq rnln bo b3gw wm tneCarnp~ny's Hcqstrar lkmn ot SooUand. Hogmar Ucplnmnl Apcx rlo&c 9 Hmdngton PactLomdrgh U17 4PL no1 css lnan 43 b.rs oclorc lnc hme h*m for lnc nodng d lhc mmng or anyadjournment M. Only holden of odinay shhares are entitled to attend (in pwsm or by poxy) andvote at UE meang.2. A summay of bansactions by Diredm (and their family inte-est) in the share capnal of the Campaml,and miss of their seMce contracts. All be mailable for insoection at me Camoanv's reoistered o bii. to the allotment of equity securities in connection with an offer (whether by wayof a rights issue, open offer or otherwise) to the holders of ordinary shares inproportion (as nearly as may be) to the respective number of ordinary sharesheld by them, subject only to such exclusions or other arrangements as theDirectors may deem necessary or expedient to deal with fractional entitlements,legal or practical problems arising in any overseas territory or by virtue of