REG - Coca-Cola HBC AG - Result of AGM

Coca Cola HBC AGAnnouncement

16/06/2020 13:10

RNS Number : 1359Q
  
Coca-Cola HBC AG
  
16 June 2020
  
 

 
FOR IMMEDIATE RELEASE
Coca-Cola HBC AG
Results of Annual General Meeting of Coca-Cola HBC AG and election of Ms. Anna Diamantopoulou as a new Member of the Board of Directors
 
 
Zug, Switzerland - 16 June 2020 - Coca-Cola HBC AG ("Coca-Cola HBC") today announces that all of the proposals of the Board of Directors (the "Board") set out in the notice of the annual general meeting ("AGM") dated 14 May 2020 were duly passed by the requisite majority of shareholders at its AGM held today, 16 June 2020. The final results are set out below. A copy of the resolutions passed at the AGM has also been submitted to the National Storage Mechanism and will shortly be available for inspection at  https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on Coca-Cola HBC's website at www.coca-colahellenic.com
 
Coca-Cola HBC's shareholders elected Ms. Anna Diamantopoulou as a new member of the Board. Her biography can be found at www.coca-colahellenic.com
 
The AGM approved a dividend of EUR 0.62 per share ("Dividend") out of the general capital contribution reserve, capped at an amount of CHF 300,000,000. Payment of the full amount of the Dividend will be made on 28 July 2020 to holders of ordinary shares on the record date of 3 July 2020. The shares are expected to be traded ex-dividend as of 2 July 2020, in which case the last day on which the shares may be traded with the entitlement to receive dividends will be 1 July 2020. In addition, the AGM approved a share buy back of up to up to 10,000,000 ordinary shares of CHF 6.70.
 
Final Ballot Results
 




Proposal


Votes 
for


%
(1)


Votes Against


%
(1)


Abs-
tentions Cast


%
(1)


Total Votes Cast


Votes not cast (2)


Voting Rights Repre-
sented % (3)




1.


Receipt of the 2019 Integrated Annual Report, as well as approval of the annual management report, the stand-alone financial statements and the consolidated financial statements


268113726


99.91%


9374


0.01%


207013


0.08%


268330113


0


73.70%




2.1.


Appropriation of available earnings


267914411


99.84%


342319


0.13%


73383


0.03%


268330113


0


73.70%




2.2.


Declaration of dividends from reserves


267869664


99.83%


342419


0.13%


118030


0.04%


268330113


0


73.70%




3.


Discharge of the members of the Board of Directors and the members of the Operating Committee


267291138


99.61%


773201


0.29%


265774


0.10%


268330113


0


73.70%




4.1.1.


Re-election of Anastassis G. David as a member of the Board of Directors and as the Chairman of the Board of Directors 


253318388


94.41%


13100559


4.88%


1911166


0.71%


268330113


0


73.70%




 
 




4.1.2.


Re-election of Zoran Bogdanovic as a member of the Board of Directors


265654637


99.00%


2600593


0.97%


74883


0.03%


268330113


0


73.70%




4.1.3.


Re-election of Charlotte J. Boyle as a member of the Board of Directors and as a member of the Remuneration Committee 


266641168


99.37%


1613126


0.60%


75819


0.03%


268330113


0


73.70%




4.1.4.


Re-election of Reto Francioni as a member of the Board of Directors and as a member of the Remuneration Committee 


261089665


97.30%


7164629


2.67%


75819


0.03%


268330113


0


73.70%




4.1.5.


Re-election of Olusola  David-Borha as a member of the Board of Directors


267615601


99.73%


639629


0.24%


74883


0.03%


268330113


0


73.70%




4.1.6.


Re-election of William W. Douglas III as a member of the Board of Directors


264913584


98.72%


3340710


1.25%


75819


0.03%


268330113


0


73.70%




4.1.7.


Re-election of Anastasios I. Leventis as a member of the Board of Directors


260883393


97.22%


7373337


2.75%


73383


0.03%


268330113


0


73.70%




4.1.8.


Re-election of Christodoulos Leventis as a member of the Board of Directors


260931101


97.24%


7325629


2.73%


73383


0.03%


268330113


0


73.70%




4.1.9.


Re-election of Alexandra Papalexopoulou as a member of the Board of Directors


266221934


99.21%


2034796


0.76%


73383


0.03%


268330113


0


73.70%




4.1.10.


Re-election of José Octavio Reyes as a member of the Board of Directors


260928288


97.24%


7186935


2.68%


214890


0.08%


268330113


0


73.70%




4.1.11.


Re-election of Alfredo Rivera as a member of the Board of Directors


259175697


96.59%


8934059


3.33%


220357


0.08%


268330113


0


73.70%




4.1.12.


Re-election of Ryan Rudolph as a member of the Board of Directors


260754467


97.17%


7499827


2.80%


75819


0.03%


268330113


0


73.70%




4.2.


Election of Anna Diamantopoulou as a new member of the Board of Directors and as a new member of the Remuneration Committee 


267859645


99.82%


394439


0.15%


76029


0.03%


268330113


0


73.70%




5.


Election of the independent proxy


266385199


99.27%


1870331


0.70%


74583


0.03%


268330113


0


73.70%




6.1.


Re-election of the statutory auditor


264612676


98.62%


3597857


1.34%


119580


0.04%


268330113


0


73.70%




6.2.


Advisory vote on re-appointment of the independent registered public accounting firm for UK purposes


266544842


99.33%


1708237


0.64%


77034


0.03%


268330113


0


73.70%




7.


Advisory vote on the UK Remuneration Report


261130154


97.32%


5744287


2.14%


1455672


0.54%


268330113


0


73.70%




8.


Advisory vote on the Remuneration Policy


251002866


93.54%


17250378


6.43%


76869


0.03%


268330113


0


73.70%




9.


Advisory vote on the Swiss Remuneration Report


261453104


97.44%


6799039


2.53%


77970


0.03%


268330113


0


73.70%




10.1.


Approval of the maximum aggregate amount of remuneration for the Board of Directors until the next annual general meeting


267895965


99.87%


347298


0.13%


86850


n.a.


268243263


0


73.70%




10.2.


Approval of the maximum aggregate amount of remuneration for the Operating Committee for the next financial year


265205431


99.38%


1660130


0.62%


1464552


n.a.


266865561


0


73.70%




11.


Approval of share buy-back


265309621


98.88%


2933228


1.09%


87264


0.03%


268330113


0


73.70% 




 
(1) Percentages refer to applicable majority. Proposals 1-9 require approval by an absolute majority of the votes validly cast (including consenting and dissenting votes and abstentions). Proposals 10.1 and 10.2 require approval by a relative majority of the votes validly cast (including consenting and dissenting votes without abstentions). Proposal 11 requires approval by an absolute majority of the votes validly cast (including consenting and dissenting votes and abstentions).
 
(2) Votes represented at the AGM but not (or not validly) cast.
 
(3) Shares represented at the AGM for each proposal as a percentage of Coca-Cola HBC's outstanding voting rights, whether exercisable or not. As at the date of the AGM, Coca-Cola HBC's issued share capital consisted of 370'251'684 ordinary shares, of which 2'759'280 ordinary shares are held by Coca-Cola HBC AG and 3'430'135 shares are held by its subsidiary, COCA-COLA HBC SERVICES MEPE, in treasury. Accordingly, the total number of outstanding voting rights (whether exercisable or not) in Coca-Cola HBC AG was 364'062'269.
 
 
 
Enquiries
Coca‑Cola HBC Group




Investors and Analysts:


 




Joanna Kennedy
Investor Relations Director


Tel: +44 20 37 444 230
 joanna.kennedy@cchellenic.com




 


 




Carla Fabiano
Investor Relations Manager


Tel: +44 20 37 444 231
carla.fabiano@cchellenic.com




 


 




 


 




Media: 


 




 


David Hart
Group Communication Director


Tel: +41 41 726 0143
 david.hart@cchellenic.com




 


 




 


International media contact:
Teneo 
Rob Morgan
Tom Davies


Tel: +44 7557 413 275
robert.morgan@teneo.com
tom.davies@teneo.com


 




 


Greek media contact:
V+O Communications
Argyro Oikonomou


Tel: +30 211 7501219
ao@vando.gr


 




 


 



 
 
 
 
 
 



 
About Coca‑Cola HBC 
Coca-Cola HBC is a leading bottler of The Coca-Cola Company with 2019 revenue in excess of €7 billion. It has a broad geographic footprint with operations in 28 countries serving a population of more than 600 million people. Coca-Cola HBC offers a diverse range of primarily non-alcoholic ready-to-drink beverages in the sparkling, juice, water, sport, energy, plant based beverages and ready-to-drink tea and coffee categories. Coca-Cola HBC is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities. Coca-Cola HBC is ranked among the top sustainability performers in ESG benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI ESG and FTSE4Good, among others.
Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). For more information, please visit http://www.coca-colahellenic.com.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
  END
 
 
RAGEAAKKFEAEEFA