SeaDragon 2014 Annual Meeting Results and Determinations

19 August 2014. Link here.

The following resolutions were put to shareholders of SeaDragon Limited at its Annual Meeting held yesterday:

1. That Dr. Doug Wilson, retiring from office as Director of SeaDragon Limited by rotation, is re-elected as a Director of SeaDragon Limited;
2. That Mr. Jeremy Curnock Cook, retiring from office as Director of SeaDragon Limited by rotation, is re-elected as a Director of SeaDragon Limited;
3. That Mr. Patrick Geals, appointed by the Board as a Director on 28 July 2014, is re-elected as a Director of SeaDragon Limited;
4. That the Board is authorised to fix the remuneration of the auditor;
5. That the aggregate amount of remuneration payable by the Company to Non-Executive Directors be increased from $200,000 per annum to $225,000 per annum.
All of the above resolutions were passed by a show of hands.

In terms of NZX Listing Rule 3.3.3(a), SeaDragon’s Board has determined that Sean Joyce, Tim Preston and Patrick Geals are Independent Directors (as defined by the NZX Listing Rules).

By Order of the Board
ENDS

Contact:
Malcolm Lindeque
Company Secretary
Telephone: 03 547 0336
Email: Malcolm.Lindeque@Seadragon.co.nz