With the introduction of an Electronic Proxy Appointment by registrars COMPUTERSHARE, shareholders of Tullow Oil, Cal Bank and Stanchart can now vote electronically through an internet-based platform ahead of their Annual General Meetings.
This means that shareholders of the above companies might not necessarily need to be present physically at meetings to vote on motions tabled.
This has been described as timely, especially, for Ghanaian shareholders of Tullow Oil P.L.C, whose AGM comes off in London next week.
The Country Manager of Compushare, Kofi Adomako, told Joy Business, measures had been put in place to ensure the platform was secured.
This is a big boost for Tullow's shareholders, which annual general meeting is scheduled to take place in London on May 16, 2012. At the Africa's leading independent oil firm's investor forum held recently in Accra, the Founder and Chief Executive Officer (CEO) of Tullow Oil plc, Aidan Heavey, thanked his shareholders for the support and confidence they reposed in the oil giant.
He told them that one year after listing on the Ghana Stock Exchange (GSE), the company had made giant strides in the global oil industry, citing the drilling and flow testing of the Tweneboa, Enyenra and Ntomme fields, collectively known as the TEN Project, and he anticipates full production of the three oil fields very soon.