This has appeared on Nios website as released today, is there some problems in management? Anyone can explain why?
9 May 2008 Australian Securities Exchange Limited Company Announcements Office Level 4 Exchange Centre 20 Bridge Street SYDNEY NSW 2000
Results of Annual General Meeting
The Company advises that the Annual General Meeting of Nido Petroleum Limited on 9 May 2008 commencing at 3.00pm WST at The Government House Ballroom, St Georges Terrace, Perth, Western Australia, the following resolutions were moved: Resolution 1 Adoption of Remuneration Report Resolution 2 Re-election of Vincent Prez as Director Resolution 3 Election of William Bloking as Director Resolution 4 Approval of issue of options to William Bloking Resolution 5 Approval of issue of options to Jose Victor Emmanuel Araullo de Dios Resolution 6 Increase in maximum remuneration for Non-Executive Directors as set out in the Companys Notice of Annual General Meeting and Explanatory Statement dated 8 April 2008. Each of the resolutions set out above were passed by the requisite majority of shareholders on a show of hands. In accordance with section 251AA(2) of the Corporations Act 2001 and ASX Listing Rule 3.13.2, the Company advises details of the proxy votes received as follows:
