Genel Energy PLC: Result of AGM

16 May 2019

Genel Energy plc

Result of Annual General Meeting

The Annual General Meeting of Genel Energy plc was held today, Thursday, 16 May 2019 and the results of the poll vote by shareholders are set out below. The number of ordinary shares of £0.10p each in the Company in issue at the date of the meeting was 279,875,973 and each share attracted one vote.

The results were as follows:

Following the approval of resolution 2, Genel confirms the payment of a final dividend of 10¢ per share in relation to the 2018 financial year. The final dividend payment timetable is below:

• Ex-dividend date: 23 May 2019
• Record Date: 24 May 2019
• Payment Date: 24 June 2019

Genel intends to announce an interim dividend of 5¢ per share as part of the 2019 half-year results, which are scheduled for 6 August 2019.

Genel notes the result of the vote on resolution 4. As announced this morning, following a successful tenure as Chairman, Stephen Whyte will leave the Company for new challenges once a suitable successor has been identified, prior to the next AGM.

The full text of the resolutions may be found in the Notice of the Annual General Meeting, copies of which are available on both the Company's website www.genelenergy.com and on the National Storage Mechanism www.hemscott.com/nsm.do  

A copy of the special resolutions (resolutions 14 and 15) passed at the Annual General Meeting, have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do

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Notes to editors:

Genel Energy is an independent oil and gas exploration and production company listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). The Company, with headquarters in London and offices in Ankara and Erbil, is one of the largest London-listed independent oil producers, and is the largest holder of reserves and resources in the Kurdistan Region of Iraq. Genel has highly cash-generative oil production from the Taq Taq and Tawke licences, with material growth potential from other assets in the portfolio. Genel also continues to pursue further growth opportunities. For further information, please refer to www.genelenergy.com.