REG - Bakkavor Group PLC - Result of AGM

BakkavorAnnouncement

23/05/2024 15:45

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RNS Number : 7208P  Bakkavor Group PLC  23 May 2024

23 May 2024

Bakkavor Group plc

(the 'Company')

 

2024 Annual General Meeting - Poll Results

The Company's 2024 Annual General Meeting ("AGM") was held today at 10.00 am
at Fitzroy Place, 5(th) Floor, 8 Mortimer Street, London, W1T 3JJ.  All
resolutions set out in the Notice of AGM dated 4 March 2024 and put to the
meeting were decided on by a poll and were passed.

 

Resolutions 1 to 18 were each passed as an Ordinary Resolution (requiring a
simple majority for them to be passed) and resolutions 19 to 22 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.

 

 Res No.  Resolution                                                                     Votes For and Discretionary Votes  %        Votes Against  %      Total Votes Cast (Excluding Withheld)  % of ISC Voted *  Votes Withheld
 1.       To receive the 2023 Annual Report and Accounts                                 557,183,171                        100.00%  10,638         0.00%  557,193,809                            96.16             7,689
 2.       To approve the Directors' Remuneration Report                                  556,747,334                        99.92%   440,095        0.08%  557,187,429                            96.16             14,069
 3.       To approve the 2024 Directors' Remuneration Policy                             557,116,484                        99.99%   70,788         0.01%  557,187,272                            96.16             14,226
 4.       To declare a final dividend for the year ended 30 December 2023 of 4.37 pence  557,184,529                        100.00%  8,998          0.00%  557,193,527                            96.16             7,971
          per ordinary share
 5.       To elect Robert Berlin as a Director of the Company                            557,154,228                        99.99%   37,581         0.01%  557,191,809                            96.16             9,689
 6.       To re-elect Simon Burke as a Director of the Company                           549,389,394                        98.60%   7,802,415      1.40%  557,191,809                            96.16             9,689
 7.       To re-elect Mike Edwards as a Director of the Company                          557,153,965                        99.99%   37,021         0.01%  557,190,986                            96.16             10,512
 8.       To re-elect Ben Waldron as a Director of the Company                           557,154,170                        99.99%   37,639         0.01%  557,191,809                            96.16             9,689
 9.       To re-elect Sanjeevan Bala as a Director of the Company                        557,158,913                        99.99%   32,896         0.01%  557,191,809                            96.16             9,689
 10.      To re-elect Umran Beba as a Director of the Company                            554,788,767                        99.57%   2,403,042      0.43%  557,191,809                            96.16             9,689
 11.      To re-elect Jill Caseberry as a Director of the Company                        554,806,624                        99.57%   2,381,580      0.43%  557,188,204                            96.16             13,294
 12.      To re-elect Agust Gudmundsson as a Director of the Company                     557,156,484                        99.99%   34,502         0.01%  557,190,986                            96.16             10,512
 13.      To re-elect Lydur Gudmundsson as a Director of the Company                     554,765,171                        99.56%   2,426,638      0.44%  557,191,809                            96.16             9,689
 14.      To re-elect Denis Hennequin as a Director of the Company                       554,783,527                        99.57%   2,404,677      0.43%  557,188,204                            96.16             13,294
 15.      To re-elect Jane Lodge as a Director of the Company                            557,154,458                        99.99%   33,746         0.01%  557,188,204                            96.16             13,294
 16.      To re-appoint PricewaterhouseCoopers LLP as Auditors of the Company            557,186,465                        100.00%  10,667         0.00%  557,197,132                            96.16             4,366
 17.      To authorise the Audit & Risk Committee to determine the remuneration of       557,183,456                        100.00%  13,676         0.00%  557,197,132                            96.16             4,366
          the Auditors
 18.      To authorise the Directors to allot shares                                     557,139,470                        99.99%   54,873         0.01%  557,194,343                            96.16             7,155
 19.      To empower the Directors to disapply pre-emption rights                        556,988,011                        99.96%   206,332        0.04%  557,194,343                            96.16             7,155
 20.      To empower the Directors to disapply pre-emption rights for                    556,968,453                        99.96%   225,890        0.04%  557,194,343                            96.16             7,155
          financing/refinancing particular acquisitions and other capital investments
 21.      To authorise the Company to purchase its own shares                            555,029,024                        99.61%   2,168,108      0.39%  557,197,132                            96.16             4,366
 22.                                                                                     556,964,866                        99.96%   226,411        0.04%  557,191,277                            96.16             10,221

          To allow a general meeting to be called on 14 clear days' notice

 

          * Based on total issued share capital as at 21 May 2024 of
579,425,585 Ordinary shares.

 

 Votes of Independent Shareholders on the resolutions concerning the
 re-election of the Independent Non-executive Directors
 Res No.  Resolution                                                Votes For and Discretionary Votes  %       Votes Against  %      Total Votes Cast  % of ISC Voted **  Votes Withheld
 6.       To re-elect Simon Burke as a Director of the Company      258,724,634                        97.07%  7,802,415      2.93%  266,527,049       92.36              9,689
 9.       To re-elect Sanjeevan Bala as a Director of the Company   266,494,153                        99.99%  32,896         0.01%  266,527,049       92.36              9,689
 10.      To re-elect Umran Beba as a Director of the Company       264,124,007                        99.10%  2,403,042      0.90%  266,527,049       92.36              9,689
 11.      To re-elect Jill Caseberry as a Director of the Company   264,141,864                        99.11%  2,381,580      0.89%  266,523,444       92.36              13,294
  14.     To re-elect Denis Hennequin as a Director of the Company  264,118,767                        99.10%  2,404,677      0.90%  266,523,444       92.36              13,294
 15.      To re-elect Jane Lodge as a Director of the Company       266,489,698                        99.99%  33,746         0.01%  266,523,444       92.36              13,294

 

   ** Based on independent voting capital of 288,560,825, being total issued
share capital of 579,425,585 Ordinary shares as at 21 May 2024, 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)   The Company's issued share capital as at 21 May 2024 is 579,425,585
ordinary shares of 2 pence each.

c)   The Company's issued share capital as at 23 May 2024 is 579,425,585
ordinary shares of 2 pence each.

d)   Where shareholders have appointed the Chairman of the meeting as their
proxy with discretion as to voting, those votes have been cast in favour of
all of the resolutions.

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 6, 9, 10, 11, 14
and 15 (re-election of independent directors) 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
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

-Ends-

 

 ENQUIRIES

 Company Secretarial:
 Annabel Tagoe-Bannerman, Group General Counsel and Company Secretary  +44 (0) 20 7908 6130

 Institutional investors and analysts:
 Ben Waldron, Chief Financial Officer
 Emily Daw, Head of Investor Relations                                 +44 (0) 20 7908 6114

 

About Bakkavor

We are the leading provider of fresh prepared food in the UK, and our presence
in the US and China positions the Group well in these high-growth markets. We
leverage our consumer insight and scale to provide innovative food that offers
quality, choice, convenience, and freshness. Around 18,000 colleagues operate
from 43 sites across our three markets supplying a portfolio of over 3,000
products across meals, pizza & bread, salads and desserts to leading
grocery retailers in the UK and US, and international food brands in China.
Find out more at www.bakkavor.com (http://www.bakkavor.com/) .

LEI number: 213800COL7AD54YU9949

 

 

 

 

 

 

 

 

 

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