Letter
ACN 009 253 187
AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT
7 AUGUST 2015
RESULTS OF GENERAL MEETING
Notice is hereby given, in accordance with Listing Rule 3.13.2 and Corporations Law Section 251AA(2)
that at the General Meeting of the Company held today that the Resolutions as set out below were passed by a show of hands without amendment.
Resolution 1 - Issue of Shares by Eden Energy Limited A.C.N. 109 200 900 to Gregory Howard Solomon to convert debt into equity
"That, for the purpose of:
(a) Chapter 2E of the Act; and
(b) for all other purposes,
shareholders approve the issue by Eden Energy Limited A.C.N. 109 200 900 ("Eden") to:
(c) Gregory Howard Solomon ("GH Solomon") as trustee for Solomon Brothers (a partnership), of
11,294,643 ordinary fully paid shares in Eden (each " a Share"), and 11,294,643 accompanying options, each to acquire one Share, at an exercise price of 3 cents at any time on or before 30
September 2018 (each, "an Option"), in full and final satisfaction of all amounts owing by Eden to GH Solomon on account of unpaid directors fees as at the 30 April 2015 of $158,125; and
(d) Arkenstone Pty Ltd as trustee for the Gregory H Solomon and Lee H Solomon Superannuation Fund, of 1,072,992 Shares and 1,072,992 accompanying Options, in full and final satisfaction of all amounts owing by Eden to GH Solomon on account of superannuation as at the 30 April 2015 of
$15,021.88,
which new Shares and Options shall rank pari pasu with all other Shares and listed Options currently on issue by Eden (ASX Codes: EDE and EDEO) respectively."
Resolution 2 - Issue of Shares by Eden to Douglas Howard Solomon to convert debt into equity
"That, for the purpose of:
(a) Chapter 2E of the Act; and
(b) for all other purposes,
shareholders approve the issue by Eden to:
(c) Douglas Howard Solomon ("DH Solomon") as trustee for Solomon Brothers (a partnership), of
2,357,143 Shares and 2,357,143 accompanying Options, in full and final satisfaction of all amounts owing by Eden to DH Solomon on account of unpaid directors fees as at the 30 April 2015 of $33,000; and
(d) March Bells Pty Ltd as trustee for the Douglas H Solomon Superannuation Fund, of 223,929 Shares and 223,929 accompanying Options, in full and final satisfaction of all amounts owing by Eden to DH Solomon on account of superannuation as at the 30 April 2015 of $3,135,
which new Shares and Options shall rank pari pasu with all other Shares and listed Options currently on issue by Eden (ASX Codes: EDE and EDEO) respectively."
Resolution 3 - Issue of Shares by Eden to Guy Touzeau Le Page to convert debt into equity
"That, for the purpose of:
(a) Chapter 2E of the Act; and
(b) for all other purposes,
shareholders approve the issue by Eden to:
Level 15, 197 St George's Terrace, Perth, Western Australia 6000
Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866
Email: [email protected]
(c) Guy Touzeau Le Page ("GT Le Page") of 1,686,143 Shares and 1,686,143 accompanying Options, in full and final satisfaction of all amounts owing by Eden to GT Le Page on account of unpaid directors fees as at the 30 April 2015 of $23,606 (exclusive of PAYGW on these outstanding fees, which will be satisfied by Eden in cash); and
(d) Guy Le Page and Dina Le Page as trustee for The Guy Le Page Superannuation Fund, of 223,929
Shares and 223,929 accompanying Options, in full and final satisfaction of all amounts owing by Eden to GT Le Page on account of superannuation as at the 30 April 2015 of $3,135,
which new Shares and Options shall rank pari pasu with all other Shares and listed Options currently on issue by Eden (ASX Codes: EDE and EDEO) respectively."
In respect of each resolution, the total number of proxy votes exercisable by all proxies validly appointed and the total number of proxy votes in respect of which the appointments specified that:
I. The proxy was to vote for the resolution; and
II. The proxy was to vote against the resolution; and
III. The proxy was able to vote at the proxy's discretion; and
IV. The proxy was to abstain on the resolution
Are set out below:
Resolution
|
For
|
Against
|
Abstain
|
Proxy
Discretion
|
Total
|
1
|
18,595,966
|
303,929
|
112,522,298
|
4,793,951
|
136,216,144
|
2
|
18,595,966
|
303,929
|
112,522,298
|
4,793,951
|
136,216,144
|
3
|
131,118,264
|
303,929
|
-
|
4,793,951
|
136,216,144
|
Aaron P Gates
Company Secretary
Level 15, 197 St George's Terrace, Perth, Western Australia 6000
Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866
Email: [email protected]