REG - Ocado Group PLC - Result of AGM

OcadoAnnouncement

29/04/2025 14:45

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RNS Number : 6740G  Ocado Group PLC  29 April 2025

RESULT OF AGM

OCADO GROUP PLC

29 April 2025

 

Ocado Group plc

Annual General Meeting 2025 Results

 

Ocado Group plc ("Ocado") held its Annual General Meeting (the "AGM") on 29
April 2025.

 

Resolutions 1 to 18 (inclusive) were passed as ordinary resolutions;
resolutions 19 to 23 (inclusive) were passed as special resolutions. Results
of the poll for each resolution are shown in the table below.

 

 Resolutions                                                                         For                  Against             Total Votes  Votes Withheld
         Votes                                                                       %            Votes   %
 1.      To receive the Annual Report and Accounts                                   644,807,290  99.99%  48,324      0.01%   644,855,614  6,421,161
 2.      Approval of the Directors' Remuneration Report                              569,999,325  97.76%  13,046,994  2.24%   583,046,319  68,230,456
 3.      To elect Adam Warby as a Director of the Company                            649,384,179  99.94%  367,986     0.06%   649,752,165  1,524,610
 4.      To elect Gavin Patterson as a Director of the Company                       651,003,859  99.98%  121,659     0.02%   651,125,518  151,257
 5.      To re-elect Tim Steiner as a Director of the Company                        650,831,416  99.95%  319,513     0.05%   651,150,929  125,846
 6.      To re-elect Stephen Daintith as a Director of the Company                   650,850,066  99.96%  292,792     0.04%   651,142,858  133,917
 7.      To re-elect Jörn Rausing as a Director of the Company                       640,333,702  98.34%  10,794,626  1.66%   651,128,328  148,447
 8.      To re-elect Andrew Harrison as a Director of the Company                    634,308,031  97.42%  16,813,455  2.58%   651,121,486  155,289
 9.      To re-elect Emma Lloyd as a Director of the Company                         645,800,879  99.18%  5,320,727   0.82%   651,121,606  155,169
 10.     To re-elect Julie Southern as a Director of the Company                     645,295,639  99.11%  5,826,689   0.89%   651,122,328  154,447
 11.     To re-elect Nadia Shouraboura as a Director of the Company                  647,104,421  99.38%  4,020,303   0.62%   651,124,724  152,051
 12.     To re-elect Julia M. Brown as a Director of the Company                     647,074,691  99.38%  4,045,235   0.62%   651,119,926  156,849
 13.     To re-elect Rachel Osborne as a Director of the Company                     611,138,249  93.86%  39,985,891  6.14%   651,124,140  152,634
 14.     To re-appoint Deloitte LLP as auditor                                       649,633,268  99.98%  112,733     0.02%   649,746,001  1,530,774
 15.     To authorise the Audit Committee, on behalf of the Board, to determine the  651,020,330  99.98%  147,928     0.02%   651,168,258  108,517
         auditor's remuneration
 16.     Authority for political donations and political expenditure                 614,547,325  94.37%  36,633,098  5.63%   651,180,423  96,351
 17.     Authority to allot shares up to one-third of issued share capital           648,962,408  99.67%  2,173,917   0.33%   651,136,325  140,450
 18.     Authority to allot shares in connection with a pre-emptive offer only       649,293,115  99.72%  1,826,225   0.28%   651,119,340  157,435
 19.     General authority to disapply pre-emption rights*                           570,418,663  87.61%  80,680,975  12.39%  651,099,638  177,137
 20.     Additional authority to disapply pre-emption rights*                        566,429,973  87.00%  84,668,570  13.00%  651,098,543  178,232
 21.     Authority to purchase own shares*                                           651,030,064  99.99%  90,058      0.01%   651,120,122  156,653
 22.     Amendment of the Articles of Association*                                   650,984,343  99.98%  121,907     0.02%   651,106,250  170,525
 23.     Notice of general meetings*                                                 649,432,282  99.73%  1,750,148   0.27%   651,182,430  94,345

 * Special Resolution

As required by the Listing Rules of the Financial Conduct Authority, a copy of
certain resolutions have been submitted to the Financial Conduct Authority via
the National Storage Mechanism. This document will be available shortly for
viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

A copy of the Annual General Meeting results will be available on Ocado's
website: (http://www.ocadogroup.com/) www.ocadogroup.com
(http://www.ocadogroup.com/) .

 

Person responsible for arranging the release of this announcement:

 

Megan Barnes

Head of Secretariat

Ocado Group plc

Buildings One & Two Trident Place,

Mosquito Way,

Hatfield

Hertfordshire, AL10 9UL

company.secretary@ocado.com

Ocado Group plc LEI: 213800LO8F61YB8MBC74

Notes:

 

(i) Votes 'withheld' are not votes under English law and so have not been
included in the calculation of whether a resolution is carried. Percentages
have been rounded to two decimal places.

(ii) As at 7.00am on 29 April 2025, the Company's issued share capital was
835,370,450 ordinary shares of 2p each admitted to trading. The Company does
not hold any ordinary shares in treasury. Each ordinary share carries the
right to one vote in relation to all circumstances at general meetings of the
Company. Of these issued ordinary shares: (1) 3,798,394 shares are held by
Computershare Trustees Limited, the trustee for the Company's employee Share
Incentive Plan, who must vote, at the request of a participant, in respect of
ordinary shares held by the trustee on behalf of that participant; (2) 536,438
shares are held by Wealth Nominees Limited, and 9,975,137 shares are held by
Winterflood Client Nominees Limited, both on behalf of Ocorian Limited, the
independent company which is the trustee of Ocado's Employee Benefit Trust
(the "EBT Trustee"). The EBT Trustee has waived its right to exercise its
voting rights and to receive dividends in respect of 9,975,137 ordinary
shares, although it may vote in respect of 536,438 ordinary shares which have
vested under the joint share ownership scheme and remain in the trust, at the
request of a participant. The total of 10,511,575 ordinary shares held by the
EBT Trustee are treated as treasury shares in the group's consolidated balance
sheet in accordance with IAS 32 ''Financial Instruments: Presentation''. As
such, calculations of earnings per share for Ocado exclude 10,511,575 ordinary
shares held by the EBT Trustee.

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