REG - Bakkavor Group PLC - Result of AGM
12 June 2020
Bakkavor Group plc
(the 'Company')
2020 Annual General Meeting - Poll Results
The Company's 2020 Annual General Meeting (AGM) was held today at 10.00 am at Fitzroy Place, 8 Mortimer Street, London, W1T 3JJ. All resolutions set out in the Notice of AGM dated 6 May 2020 and put to the meeting were decided on by a poll and were passed.
Resolutions 1 to 14 were each passed as an Ordinary Resolution (requiring a simple majority for them to be passed) and resolutions 15 to 18 were each passed as a Special Resolution (requiring at least a 75% majority for them to be passed). The results for each resolution are set out below.
* Based on total issued share capital as at 12 June 2020 of 579,425,585 Ordinary shares.
Resolution
Votes For
%
Votes Against
%
Total Votes Cast
% of ISC Voted *
Votes Withheld
1.
To receive the Annual Report and Accounts
559,428,692
99.85%
838,440
0.15%
560,267,132
96.69
423,771
2.
To approve the Directors' Remuneration Report
558,386,046
99.59%
2,304,233
0.41%
560,690,279
96.77
624
3.
To re-elect Simon Burke as a Director of the Company
556,977,889
99.48%
2,890,014
0.52%
559,867,903
96.62
823,000
4.
To re-elect Sue Clark as a Director of the Company
559,675,213
99.97%
182,690
0.03%
559,857,903
96.62
833,000
5.
To re-elect Patrick Cook as a Director of the Company
559,791,785
99.84%
899,118
0.16%
560,690,903
96.77
0
6.
To re-elect Peter Gates as a Director of the Company
560,627,633
99.99%
63,271
0.01%
560,690,904
96.77
0
7.
To re-elect Agust Gudmundsson as a Director of the Company
559,805,215
99.84%
885,688
0.16%
560,690,903
96.77
0
8.
To re-elect Lydur Gudmundsson as a Director of the Company
548,889,456
98.05%
10,891,986
1.95%
559,781,442
96.61
909,461
9.
To re-elect Denis Hennequin as a Director of the Company
560,631,492
99.99%
59,411
0.01%
560,690,903
96.77
0
10.
To re-elect Todd Krasnow as a Director of the Company
546,808,659
98.29%
9,516,657
1.71%
556,325,316
96.01
4,365,587
11.
To re-elect Jane Lodge as a Director of the Company
560,666,432
100.00%
14,005
0.00%
560,680,437
96.76
10,467
12.
To appoint PricewaterhouseCoopers LLP as Auditor of the Company
525,701,734
94.50%
30,613,582
5.50%
556,315,316
96.01
4,375,587
13.
To authorise the Audit Committee to determine the remuneration of the Auditor
560,655,542
100.00%
25,362
0.00%
560,680,904
96.76
10,000
14.
To authorise the Directors to allot shares
556,727,058
99.29%
3,953,846
0.71%
560,680,904
96.76
10,000
15.
To empower the Directors to disapply pre-emption rights
560,657,069
100.00%
23,368
0.00%
560,680,437
96.76
10,467
16.
To empower the Directors to disapply pre-emption rights for financing/refinancing particular acquisitions and other capital investments
556,024,354
99.17%
4,656,082
0.83%
560,680,436
96.76
10,467
17.
To authorise the Company to purchase its own shares
559,808,856
99.85%
848,804
0.15%
560,657,660
96.76
33,243
18.
To allow a general meeting to be called on 14 clear days' notice
559,744,894
99.83%
945,810
0.17%
560,690,704
96.77
200
** Based on independent voting capital of 151,385,647, being total issued share capital of 579,425,585 Ordinary shares as at 12 June 2020, but excluding shares held by the controlling shareholders.
Votes of Independent Shareholders on the resolutions concerning the re-election of the independent Non-Executive Directors
Resolution
Votes For
%
Votes Against
%
Total Votes Cast
% of ISC Voted **
Votes Withheld
3.
To re-elect Simon Burke as a Director of the Company
128,937,951
97.81%
2,890,014
2.19%
131,827,965
87.08
823,000
4.
To re-elect Sue Clark as a Director of the Company
131,635,275
99.86%
182,690
0.14%
131,817,965
87.07
833,000
9.
To re-elect Denis Hennequin as a Director of the Company
132,591,554
99.96%
59,411
0.04%
132,650,965
87.62
0
10.
To re-elect Todd Krasnow as a Director of the Company
118,768,721
92.58%
9,516,657
7.42%
128,285,378
84.74
4,365,587
11.
To re-elect Jane Lodge as a Director of the Company
132,626,494
99.99%
14,005
0.01%
132,640,499
87.62
10,467
Notes:
a) The votes "For" and "Against" are expressed as a percentage of the votes received.
b) Proxy appointments which gave discretion to the Chairman of the Meeting have been included in the "For" total.
c) The Company's issued share capital as at 12 June 2020 is 579,425,585 ordinary shares of 2 pence each.
d) A "Vote Withheld" is not counted towards the votes cast "For" or "Against" a resolution.
e) In accordance with Listing Rule 9.2.2E, Resolutions 3, 4, and 9-11 inclusive were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.
f) In accordance with Listing Rule 9.6.2, a copy of all resolutions passed other than resolutions concerning ordinary business will be submitted to the UK Listing Authority via the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
ENQUIRIES
Institutional investors and analysts:
Peter Gates, Chief Financial Officer
Sally Barrett-Jolley, Head of Corporate Affairs +44 (0) 20 7908 6143
Media:
Tulchan Communications +44 (0) 20 7353 4200
Will Smith
LEI number: 213800COL7AD54YU9949
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