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Vermilion Energy Inc. Reports Voting Results of Election of Directors

May 6, 2016 3:32 PM
CNW

CALGARY, May 6, 2016 /CNW/ – Vermilion Energy Inc. (“Vermilion” or “Company”) (TSX, NYSE: VET) is pleased to report that at its annual meeting of shareholders held on May 6, 2016 each of the nine nominees proposed as directors and listed in its Proxy Statement and Information Circular dated April 6, 2015, 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

69,305,638

95.29

3,425,640

4.71

Lorenzo Donadeo

69,822,039

96.00

2,909,239

4.00

Claudio A. Ghersinich

69,818,697

96.00

2,912,581

4.00

Loren M. Leiker

72,677,044

99.93

54,234

0.07

William F. Madison

72,513,315

99.70

217,963

0.30

Dr. Timothy R. Marchant

72,671,095

99.92

60,183

0.08

Anthony Marino

71,071,526

97.72

1,659,752

2.28

Sarah E. Raiss

72,093,775

99.12

637,503

0.88

Catherine L. Williams

72,093,352

99.12

637,926

0.88

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  

Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing properties in North America, Europe and 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 Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia.  Vermilion also holds an 18.5% working interest in the Corrib gas field in Ireland.  Vermilion pays a monthly dividend of Canadian $0.215 per share, which provides a current yield of approximately 7%.  Management and directors of Vermilion hold approximately 6% of the outstanding shares, are committed to consistently delivering superior rewards for all stakeholders, and have delivered a 20-year history of market outperformance.  Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.

SOURCE Vermilion Energy Inc.

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