REG - Bakkavor Group PLC - Result of AGM
RNS Number : 3409ZBakkavor Group PLC20 May 202120 May 2021
Bakkavor Group plc
(the 'Company')
2021 Annual General Meeting - Poll Results
The Company's 2021 Annual General Meeting (AGM) was held today at 10.00 am at Fitzroy Place, 5th Floor, 8 Mortimer Street, London, W1T 3JJ. All resolutions set out in the Notice of AGM dated 20 April 2021 and put to the meeting were decided on by a poll and were passed.
Resolutions 1 to 17 were each passed as an Ordinary Resolution (requiring a simple majority for them to be passed) and resolutions 18 to 21 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.
Resolution
Votes For
%
Votes Against
%
Total Votes Cast (Excluding Withheld)
% of ISC Voted *
Votes Withheld
1.
To receive the Annual Report and Accounts
560,770,998
99.85%
832,593
0.15%
561,617,542
97.00%
423,772
2.
To approve the Directors' Remuneration Report
556,221,222
98.97%
5,795,516
1.03%
562,030,689
97.00%
10,625
3.
To approve the Directors' Remuneration Policy
560,474,682
99.72%
1,552,056
0.28%
562,040,689
97.00%
625
4.
To declare a deferred final dividend on the ordinary shares of the Company for the year ended 28 December 2019 of 4 pence per share
562,026,563
100.00%
800
0.00%
562,041,314
97.00%
0
5.
To elect Ben Waldron as a Director of the Company
561,843,318
99.96%
184,045
0.03%
562,041,314
97.00%
0
6.
To elect Mike Edwards as a Director of the Company
561,859,341
99.97%
168,022
0.03%
562,041,314
97.00%
0
7.
To elect Umran Beba as a Director of the Company
562,012,469
99.99%
14,894
0.00%
562,041,314
97.00%
0
8.
To elect Jill Caseberry as a Director of the Company
561,911,521
99.98%
105,842
0.02%
562,031,314
97.00%
10,000
9.
To re-elect Simon Burke as a Director of the Company
561,058,393
99.83%
968,969
0.17%
562,041,313
97.00%
1
10.
To re-elect Agust Gudmundsson as a Director of the Company
561,863,570
99.97%
163,793
0.03%
562,041,314
97.00%
0
11.
To re-elect Denis Hennequin as a Director of the Company
561,994,829
99.99%
32,534
0.01%
562,041,314
97.00%
0
12.
To re-elect Jane Lodge as a Director of the Company
561,726,018
99.95%
291,345
0.05%
562,031,314
97.00%
10,000
13.
To re-elect Lydur Gudmundsson as a Director of the Company
556,083,842
98.94%
5,942,995
1.06%
562,041,314
97.00%
0
14.
To re-elect Patrick Cook as a Director of the Company
549,386,208
97.75%
12,640,629
2.25%
562,041,314
97.00%
0
15.
To re-appoint PricewaterhouseCoopers LLP as Auditors of the Company
560,130,095
99.66%
1,896,742
0.34%
562,041,314
97.00%
0
16.
To authorise the Audit and Risk Committee to determine the remuneration of the Auditord
562,025,587
100.00%
2,000
0.00%
562,041,314
97.00%
0
17.
To authorise the Directors to allot shares
559,090,974
99.48%
2,936,613
0.52%
562,041,314
97.00%
0
18.
To empower the Directors to disapply pre-emption rights
562,010,231
99.99%
16,139
0.00%
562,040,847
97.00%
467
19.
To empower the Directors to disapply pre-emption rights for financing/refinancing particular acquisitions and other capital investments
558,446,212
99.36%
3,580,157
0.64%
562,040,846
97.00%
468
20.
To authorise the Company to purchase its own shares
561,161,481
99.85%
842,112
0.15%
562,018,070
97.00%
23,244
21.
To allow a general meeting to be called on 14 clear days' notice
561,457,742
99.90%
568,895
0.10%
562,041,114
97.00%
200
* Based on total issued share capital as at 18 May 2021 of 579,425,585 Ordinary shares.
Votes of Independent Shareholders on the resolutions concerning the election and re-election of the Independent Non-executive Directors
Resolution
Votes For
%
Votes Against
%
Total Votes Cast
% of ISC Voted **
Votes Withheld
1.
To elect Umran Beba as a Director of the Company
127,514,781
99.98%
14,894
0.01%
127,543,626
88.00%
0
2.
To elect Jill Caseberry as a Director of the Company
127,413,833
99.91%
105,842
0.08%
127,533,626
88.00%
10,000
3.
To re-elect Simon Burke as a Director of the Company
126,560,705
99.23%
968,969
0.76%
127,543,625
88.00%
1
4.
To re-elect Denis Hennequin as a Director of the Company
127,497,141
99.96%
32,534
0.03%
127,543,626
88.00%
0
5.
To re-elect Jane Lodge as a Director of the Company
127,228,330
99.76%
291,345
0.23%
127,533,626
88.00%
10,000
** Based on independent voting capital of 144,927,897, being total issued share capital of 579,425,585 Ordinary shares as at 18 May 2021, but excluding shares held by the controlling shareholders.
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 18 May 2021 is 579,425,585 ordinary shares of 2 pence each.
d) The Company's issued share capital as at 20 May 2021 is 579,425,585 ordinary shares of 2 pence each.
e) A "Vote Withheld" is not counted towards the votes cast "For" or "Against" a resolution.
f) In accordance with Listing Rule 9.2.2E, Resolutions 7-9, 11 and 12, inclusive were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.
g) 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 FCA 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:
Emily Daw, Head of Investor Relations +44 (0) 20 7908 6114
Annabel Tagoe-Bannerman, Group General Counsel & Company Secretary +44 (0) 20 7908 6130
Media:
Will Palfreyman, Tulchan Communications +44 (0) 20 7353 4200
ABOUT BAKKAVOR
Bakkavor is the leading provider of fresh prepared food ("FPF") in the UK, with a growing international presence in the US and China. The Group is the number one by market share in the UK in the four FPF product categories of meals, salads, desserts and pizza & bread, providing high-quality, fresh, healthy and convenient food. Its customers include some of the UK's leading grocery retailers, including Tesco, Marks & Spencer, Sainsbury's and Waitrose. The Group's International segment operates in the US and China. Bakkavor was founded in 1986 and has its headquarters in London. The Group has over 19,000 employees and operates 23 factories in the UK, 5 in the US and 9 in China.
LEI number: 213800COL7AD54YU9949
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