News Column

Woodside Petroleum Ltd. - Shell Buy-back Update

August 4, 2014

ENP Newswire - 04 August 2014

Release date- 01082014 - Woodside advises that proxy and direct votes on the proposed buy-back of 78.3 million shares from Shell Energy Holdings Australia Limited for a consideration of US$2,680 million have now been audited.

Voting results indicate that approximately 71.3 per cent of eligible proxy and direct votes cast are in favour and 28.7 per cent against. To proceed the resolution requires a 75 per cent majority of votes cast to be in favour of the transaction. Approximately 59 per cent of those entitled to vote have done so through proxy or direct voting means.

The General Meeting will provide shareholders with the opportunity to vote in person in order to determine a final outcome. The General Meeting will take place on Friday, 1 August 2014 at 10am (AWST) at the Perth Convention and Exhibition Centre.

Media Contact:

Michelle Grady

Tel: +61 8 9348 5995


Investor Contact:

Craig Ashton

Tel: +61 8 9348 6214


For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: ENP Newswire

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