TRANSATLANTIC PETROLEUM LTD. (TSE:TNP) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07Submission of Matters to a Vote of Security Holders.
TransAtlantic Petroleum Ltd. (the Company), held its annual
meeting of shareholders (the Annual Meeting) on May 23, 2017, to
(i) elect seven directors to the board of directors, each for a
one-year term (Proposal 1), (ii) appoint PMB Helin Donovan, LLP
to serve as the Companys independent registered public accounting
firm for the fiscal year ending December 31, 2017, (iii) hold an
advisory vote on the compensation of its named executive officers
(Proposal 3), (iv) hold an advisory vote on whether the advisory
vote on executive compensation should occur every one, two or
three years (Proposal 4) and (v) increase the Companys authorized
share capital (Proposal 5). For more information about the
foregoing proposals, see the Companys definitive proxy statement
dated April 10, 2017.
The table below shows the final results of the voting at the
Annual Meeting:
|
For |
Against |
Abstain |
Broker Non-Votes |
||||||
|
Proposal 1 |
|||||||||
|
N. Malone Mitchell 3rd |
25,077,979 |
374,079 |
36,610 |
10,151,023 |
|||||
|
Bob G. Alexander |
25,100,584 |
373,133 |
14,951 |
10,151,023 |
|||||
|
Brian E. Bailey |
24,648,883 |
824,463 |
15,322 |
10,151,023 |
|||||
|
Charles J. Campise |
24,894,687 |
578,659 |
15,322 |
10,151,023 |
|||||
|
Marlan W. Downey |
25,103,986 |
374,281 |
10,401 |
10,151,023 |
|||||
|
Gregory K. Renwick |
25,105,728 |
367,612 |
15,328 |
10,151,023 |
|||||
|
Mel G. Riggs |
24,907,289 |
566,057 |
15,322 |
10,151,023 |
|||||
|
For |
Against |
Abstain |
Broker Non-Votes |
||||||
|
Proposal 2 |
34,251,485 |
1,296,502 |
91,704 |
||||||
|
For |
Against |
Abstain |
Broker Non-Votes |
||||||
|
Proposal 3 |
24,745,288 |
698,200 |
45,180 |
10,151,023 |
|||||
|
Year 1 |
Year 2 |
Year 3 |
Abstain |
Broker Non-Votes |
|||||
|
Proposal 4 |
4,263,760 |
31,002 |
20,900,747 |
293,159 |
10,151,023 |
||||
|
For |
Against |
Abstain |
Broker Non-Votes |
||||||
|
Proposal 5 |
30,683,024 |
2,488,475 |
2,468,192 |
||||||
Based on the results of the advisory vote on the frequency of the
advisory vote on executive compensation, the Companys board of
directors has determined that the Company will hold its advisory
vote on executive compensation every three years until the next
advisory vote on the frequency of the advisory vote on executive
compensation.
– 2 –
About TRANSATLANTIC PETROLEUM LTD. (TSE:TNP)
TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively. The Company holds interests in over 20 onshore and offshore exploration licenses and approximately 25 onshore production leases covering a total of over 1.4 million gross acres in Turkey. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The Company holds interests in an onshore exploration license and an onshore production concession covering a total of approximately 567,110 acres in Bulgaria. TRANSATLANTIC PETROLEUM LTD. (TSE:TNP) Recent Trading Information
TRANSATLANTIC PETROLEUM LTD. (TSE:TNP) closed its last trading session 00.00 at 1.86 with 0 shares trading hands.