REG - McColl's Retail Grp - UK Corporate Governance Code Update Statement

Mccoll'S RetailAnnouncement

03/10/2019 18:00

RNS Number : 7427O
McColl's Retail Group plc
03 October 2019
 


 
 
3 October 2019
 
UK Corporate Governance Code Update Statement
 
At the Company's 2019 Annual General Meeting, 21.21% of the votes cast on Resolution 15 (disapplication of pre-emption rights) were cast against. The Board have noted the objections but concluded that, as the majority of shareholders are in support, renewal of the authorities in relation to the dis-application of pre-emption rights and also the dis-application pf pre-emption rights in connection with an acquisition or capital investment will again be put to shareholders at the Annual General Meeting in 2020. The Board remains committed to undertaking shareholder consultations on significant share issues whenever it is practicable to do so and to continued shareholder engagement.
 




 
McColl's Retail Group plc


 




Rachel Peat
Company Secretary


 
 




+44 (0)1277 372 916


 




 
McColls Retail Group plc
Ashwells Road
Brentwood
Essex
CM15 9ST
 
 
LEI: 213800R1TLR536P8YJ67




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