REG - Barr(A.G.) PLC - Result of AGM

A G BarrAnnouncement

26/05/2023 14:00

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RNS Number : 8520A  Barr(A.G.) PLC  26 May 2023

 

A.G. BARR p.l.c. (the "Company")

26 May 2023

The Company announces that at its Annual General Meeting (the "AGM") held
earlier today, all resolutions set out in the Notice of AGM were duly passed.
The results of the poll are as follows:

 

 RESOLUTIONS                                                                     VOTES FOR   %        VOTES AGAINST  %       VOTES TOTAL  VOTES WITHHELD
 1.   To receive and approve the audited accounts of the group and the           78,789,607  100.00%  2,961          0.00%   78,792,568   78,793
 Company for the year ended 29 January 2023 together with the directors' and
 auditor's reports thereon.
 2.   To approve the directors' remuneration policy.                             52,168,970  66.47%   26,321,892     33.53%  78,490,862   379,499
 3.   To receive and approve the annual statement by the chair of the            65,121,178  82.60%   13,714,719     17.40%  78,835,897   34,464
 remuneration committee and the directors' remuneration report for the year
 ended 29 January 2023.
 4.   To declare a final dividend of 10.60 pence per ordinary share of 4 1/6     78,865,863  100.00%  2,961          0.00%   78,868,824   6,221
 pence for the year ended 29 January 2023.
 5.   To re-elect Mr Mark Allen OBE as a director of the Company.                75,569,367  95.82%   3,297,943      4.18%   78,867,310   7,735
 6.   To re-elect Mr Roger Alexander White as a director of the Company.         78,579,579  99.64%   285,723        0.36%   78,865,302   9,743
 7.   To re-elect Mr Stuart Lorimer as a director of the Company.                78,522,756  99.57%   342,325        0.43%   78,865,081   9,964
 8.   To re-elect Mr Jonathan David Kemp as a director of the Company.           78,574,948  99.64%   284,070        0.36%   78,859,018   15,964
 9.   To re-elect Ms Susan Verity Barratt as a director of the Company.          70,161,502  88.96%   8,703,670      11.04%  78,865,172   9,873
 10.  To re-elect Ms Zoe Louise Howorth as a director of the Company.            74,019,459  93.86%   4,845,843      6.14%   78,865,302   9,743
 11.  To re-elect Mr David James Ritchie as a director of the Company.           68,200,381  86.48%   10,664,921     13.52%  78,865,302   9,743
 12.  To re-elect Mr Nicholas Barry Edward Wharton as a director of the          74,232,186  94.13%   4,633,116      5.87%   78,865,302   9,743
 Company.
 13.  To elect Ms Julie Anne Barr as a director of the Company.                  78,563,551  99.62%   301,751        0.38%   78,865,302   9,743
 14.  To re-appoint Deloitte LLP as auditor of the Company and to authorise      78,859,520  99.98%   14,270         0.02%   78,873,790   1,255
 the audit and risk committee to fix their remuneration.
 15.  To authorise the directors to allot shares in the Company subject to the   74,629,214  94.66%   4,212,970      5.34%   78,842,184   26,655
 restrictions set out in the resolution.
 16.  To adopt the Company's draft new Long Term Incentive Plan.                 75,143,828  95.32%   3,692,409      4.68%   78,836,237   38,808
 17.  *To authorise the disapplication of pre-emption rights subject to the      74,834,810  94.89%   4,033,354      5.11%   78,868,164   6,881
 limits set out in the resolution.
 18.  *To authorise the Company to purchase its own shares up to the specified   78,690,058  99.80%   158,168        0.20%   78,848,226   26,819
 amount.

 

Notes:

(1)          * denotes a special resolution.

(2)          Proxy appointments which gave discretion to the Chair of
the Annual General Meeting have been included in the "For" total of the
appropriate resolution.

(3)          A "Vote Withheld" is not a vote in law and is not
counted in the calculation of the proportion of votes "For" or "Against" any
resolution.

(4)          The percentage of votes "For" and "Against" any
resolution is expressed as a percentage of votes validly cast for that
resolution. The total number of shares in issue at 6.00 p.m. on Thursday 25
May 2023 was 112,028,871 ordinary shares of 4 1/6 pence each.

(5)          In accordance with Listing Rule 9.6.2, a copy of
resolutions that do not constitute ordinary business at an annual general
meeting will be submitted as soon as practicable to the FCA's National Storage
Mechanism and available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

(6)          The results will also be made available on the Company's
website at www.agbarr.co.uk (http://www.agbarr.co.uk)

(7)          A copy of all the resolutions passed at the meeting are
set out in the Notice of Annual General Meeting contained within the Company's
Annual Report and Accounts 2023, which is available on the Company's website
www.agbarr.co.uk (http://www.agbarr.co.uk)

 

The Board notes the minority vote against Resolution 2 (the approval of the
Directors' remuneration policy). We will consult and engage with relevant
shareholders to understand their views and will provide an update within six
months as required by the UK Corporate Governance Code.

 

Julie A. Barr

COMPANY SECRETARY

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