REG - B&M European - EGM Voting results announcement

B&M European Value Retail SAAnnouncement

23/07/2024 15:00

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RNS Number : 5179X  B&M European Value Retail S.A.  23 July 2024

 
 

23 July 2024

B&M European Value Retail S.A

3, rue Gabriel Lippmann, L-5365 Munsbach

RCS Luxembourg B187275

 

(the "Company")

 

Results of the votes at the Extraordinary General Meeting of 23 July 2024

 

The Company is pleased to announce that all resolutions proposed at the
Extraordinary General Meeting of the Company held on 23 July 2024 were passed
and the results of the votes were as follows.

 

                                                                                     VOTES        %      VOTES        %       VOTES        % of TVR  % of ISC  VOTES WITHHELD

                                                                                     FOR                 AGAINST              TOTAL
 1   To authorise the Board to issue shares on a non-pre-emptive basis generally up  763,683,246  90.19  83,076,124   9.81    846,759,370  84.44               79,829
     to 10% of the issued share capital

                                                                                                                                                     84.44

 2   To authorise the Board to issue shares on a non-pre-emptive basis up to an      745,153,096  88     101,606,273  12      846,759,369  84.44     84.44     79,830
     additional 10% of the issued share capital for acquisitions and capital
     investments.
 3   To replace articles 6.1.1 and 6.1.2 of the Articles by a single article 6.1.1.  846,754,937  99.99  4,434        0.001   846,759,371  84.44     84.44     79,828
 4   To remove references to voluntary dematerialisation, registered shares and      846,754,859  99.99  4,511        0.001   846,759,370  84.44     84.44     79,829
     share register from the Articles.
 5   To move the provisions of article 9.2 under article 5.1.                        846,754,936  99.99  4,434        0.001   846,759,370  84.44     84.44     79,829
 6   To amend articles 10.1 and 10.4 of the Articles by removing Arora Family's      846,756,989  99.99  2,382        0.0003  846,759,371  84.44     84.44     79,828
     rights to propose candidates to the Board.
 7   To increase the cap of Director fees payable to NEDs.                           846,755,585  99.99  3,786        0.0004  846,759,371  84.44     84.44     79,828
 8   To remove all references to the statutory auditor in the Articles.              846,607,743  99.98  151,628      0.02    846,759,371  84.44     84.44     79,828
 9   To remove article 24.3.3 from the Articles and the need to convene              846,759,527  99.99  1,844        0.0002  846,761,371  84.44     84.44     77,828
     shareholders' meetings by letter.
 10  To renumber the Articles and update cross-references in the Articles further    846,759,704  99.99  1,667        0.0002  846,761,371  84.44     84.44     77,828
     to the changes approved by this EGM.

 

The results of the votes will also be posted on the Company's website at
https://www.bandmretail.com/investors/company-meetings/egm
(https://www.bandmretail.com/investors/company-meetings/egm) .

 

Please note that a vote withheld is not a vote in law and is not counted in
the calculation of votes for and against a resolution.

On the record date on 9 July 2024, the total number of voting rights was
1,002,779,437 (TVR) and the total number of shares in issue was 1,002,790,896
(ISC).

 

Enquiries

B&M European Value Retail S.A.

For further information please contact +44 (0) 151 728 5400 or
Investor.relations@bandmretail.com

Alejandro Russo, Chief Executive Officer

Michael Schmidt, Chief Financial Officer

 

 

About B&M European Value Retail S.A.

B&M European Value Retail S.A. is a variety retailer with 741 stores in
the UK operating under the "B&M" brand, 335 stores under the "Heron
Foods" and "B&M Express" brands, and 124 stores in France also operating
under the "B&M" brand as at 30 March 2024. It was admitted to the FTSE 100
index on 21 September 2020.

 

The B&M Group was founded in 1978 and listed on the London Stock Exchange
in June 2014. For more information, please visit www.bandmretail.com
(http://www.bandmretail.com/) .

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