REG - B&M European - Notice of Ordinary General Meeting

B&M European Value Retail SAAnnouncement

14/08/2023 07:00

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RNS Number : 1258J  B&M European Value Retail S.A.  14 August 2023

 

 

14 August 2023

B&M European Value Retail S.A.

68-70, Boulevard de la Pétrusse

L-2320 Luxembourg

(the "Company")

 

 Notice of Ordinary General Meeting

 

B&M European Value Retail S.A. (the "Company"), the UK's leading general
merchandise value retailer, announces that it has posted to shareholders today
Notice of an Ordinary General Meeting of the Company.

 

The Ordinary General Meeting will be held on Friday 22 September 2023
at Sofitel Luxembourg Europe, 4, rue du Fort Niedergrünewald, L-2226
Luxembourg, commencing at 08:00 am (CET).

 

The purpose of the Ordinary General Meeting is to propose the appointment of
Hounaïda Lasry as Director of the Company.

 

The Notice of the Ordinary General Meeting, is available on the Company's
website at www.bandmretail.com/investors/ogm.aspx
(http://www.bandmretail.com/investors/ogm.aspx)

 

A summary form of the Notice of the Ordinary General Meeting is set out in
Appendix 1 to this announcement.

 

 

Enquiries

 

B&M European Value Retail S.A.

For further information please contact +44 (0) 151 728 5400

Alejandro Russo, Chief Executive Officer

Dave McCarthy, Head of Investor Relations

Investor.relations@bandmretail.com (mailto:Investor.relations@bandmretail.com)

 

 

 

APPENDIX 1

 

B&M European Value Retail S.A.

Société Anonyme

Registered office: 68-70, Boulevard de la Pétrusse, L-2320 Luxembourg

Grand-Duchy of Luxembourg

R.C.S. Luxembourg: B 187275

 

Notice of the Ordinary General Meeting of B&M European Value Retail S.A.
to be held at 8:00 am (CET) on Friday 22 September 2023 at the SOFITEL
LUXEMBOURG EUROPE, 4, rue du Fort Niedergrünewald, L-2226 Luxembourg,
Grand-Duchy of Luxembourg.

 

AGENDA

1.     To appoint Hounaïda Lasry as a Director of the Company with
immediate effect until the Annual General Meeting resolving on the financial
statements for the financial year ended 31 March 2024.

 

Explanation of Business to be considered at the Ordinary Generla Meeting.

 

Resolution: Appointment of a Non-Executive Director

Presently and following the retirement of Carolyn Bradley, the Board of
Directors of B&M European Value Retail S.A. (the "Board") has seven
members, comprising the Non-Executive Chairman, two Executive Directors and
four Independent Non-Executive Directors.

 

Following a search undertaken by Audeliss on behalf of the Nomination
Committee of the Company and a series of interviews, the Nomination Committee
has recommended to the Board that Hounaïda Lasry be appointed as a
Non-Executive Director of the Company. The Board approved that recommendation
and unanimously resolved to propose to the shareholders the appointment of
Hounaïda Lasry with immediate effect.

 

Hounaïda is currently a Non-Executive Director at Britvic plc.

 

Hounaïda had almost 30 years' experience at Procter & Gamble across
various sectors (Skin & Personal Care, Pet Food, Sanitary Pads, Diapers
and Detergents) and geographies (Europe, Middle East, Africa and Asia). In her
final role, she had responsibility for a portfolio of 5 brands across Europe,
backed by strong operational experience in leading business turnarounds and
organization transformation. From 2016 to 2021, Hounaïda was a Non-Executive
Director on the Advisory Board of the Geneva School of Economics and
Management.

 

Notes

 

Quorum and voting

The quorum for the Meeting is at least one shareholder present in person or
represented by proxy. Each holder of ordinary shares has one vote in respect
of each ordinary share held, save when voting rights are suspended. The
resolution will be passed if approved by a simple majority of the votes cast,
regardless of the proportion of the issued share capital represented by
shareholders at the Meeting.

 

Total voting rights

As at 11 August 2023 (being the last business day prior to the publication of
this notice) the Company's issued ordinary share capital consists of
1,001,853,735 (one billion one million eight hundred and fifty-three thousand
seven hundred and thirty-five) ordinary shares, carrying one vote each. The
Company holds no treasury shares, but voting rights attached to 13,842
(thirteen thousand eight hundred and forty-two) shares in aggregate are being
suspended and the total number of voting rights in the Company as at 11 August
2023 is therefore of 1,001,839,893  (one billion one million eight hundred
and thirty-nine thousand eight hundred and ninety-three).

 

Poll

All items in the Notice of the Meeting will be decided by a poll of
shareholders.

 

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