Vermilion Energy : Reports Voting Results of Election of Directors
May 01, 2017 at 11:18 pm IST
Share
CALGARY, April 28, 2017/CNW/ - Vermilion Energy Inc. ('Vermilion' or 'Company') (TSX, NYSE: VET) is pleased to report that at its annual meeting of shareholders held on April 28, 2017each of the ten nominees were elected as directors of the Company. The detailed results of the vote by ballot are as follows:
Votes for
Votes Withheld
Number
Percent (%)
Number
Percent (%)
Larry J. Macdonald
74,469,081
95.88
3,200,484
4.12
Lorenzo Donadeo
74,897,422
96.43
2,772,143
3.57
Loren M. Leiker
77,615,385
99.93
54,180
0.07
William F. Madison
76,693,423
98.74
976,142
1.26
Dr. Timothy R. Marchant
77,619,656
99.94
49,909
0.06
Anthony Marino
76,843,016
98.94
826,549
1.06
Robert Michaleski
77,620,230
99.94
49,335
0.06
Sarah E. Raiss
77,306,160
99.53
363,405
0.47
William Roby
77,669,565
100.00
0
0.00
Catherine L. Williams
76,776,548
98.85
893,017
1.15
For complete voting results, please see our Report of Voting Results available through SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar.shtml
About Vermilion
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing properties in North America, Europeand Australia. Our business model targets annual organic production growth, along with providing reliable and increasing dividends to investors. Vermilion is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canadaand the United States, the exploration and development of high impact natural gas opportunities in the Netherlandsand Germany, and through oil drilling and workover programs in Franceand Australia. Vermilion also holds an 18.5% working interest in the Corrib gas field in Ireland. Vermilion pays a monthly dividend of Canadian $0.215per share, which provides a current yield of approximately 5%.
Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings. We have been recognized as a top decile performer amongst Canadian publicly listed companies in governance practices, as a Climate 'A' List performer by the CDP, and a Best Workplace in the Great Place to Work® Institute's annual rankings in Canada, France, the Netherlandsand Germany. In addition, Vermilion emphasizes strategic community investment in each of our operating areas.
Management and directors of Vermilion hold approximately 5% of the outstanding shares, are committed to consistently delivering superior rewards for all stakeholders, and have delivered over 20 years of market outperformance. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.
denotes trademark of Canaccord Genuity Capital Corporation.
[Attachment]
SOURCE Vermilion Energy Inc.
Vermilion Energy Inc. published this content on 28 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 May 2017 17:48:08 UTC.
Original documenthttp://www.vermilionenergy.com/news/latestnewsrelease.cfm?newsReleaseAction=view&releaseId=169
Public permalinkhttp://www.publicnow.com/view/BE9E868114BEF0BC66E1B7745FE8F83CBBFCDC20
Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Companyâs operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.