REG - Kingfisher PLC - Result of AGM

KingfisherAnnouncement

20/06/2024 16:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240620:nRST2809Ta&default-theme=true

RNS Number : 2809T  Kingfisher PLC  20 June 2024

KINGFISHER PLC

 

Results of the Annual General Meeting held on 20 June 2024

 

At the Annual General Meeting ('AGM') of Kingfisher plc (the 'Company') held
earlier today, all resolutions were voted upon by poll and were passed by
shareholders. Resolutions 1 to 15 were passed as ordinary resolutions;
resolutions 16 to 19 were passed as special resolutions. The full text of each
resolution is set out in the Notice of AGM, which is available from
www.kingfisher.com (http://www.kingfisher.com)

 

The results of the poll for each resolution are as follows:

 Resolution                                                                         Votes          %       Votes Against  %       Total          % of ISC  Votes**

For*
Votes

                                                                                                                                                           Withheld

 1       To receive the report and accounts                                         1,630,912,734  99.98%  383,143        0.02%   1,631,295,877  87.93%    15,032,653
 2       To approve the directors' remuneration report                              1,392,800,765  89.91%  156,289,797    10.09%  1,549,090,562  83.50%    97,236,214
 3       To declare the final dividend                                              1,644,656,458  99.93%  1,182,851      0.07%   1,645,839,309  88.71%    489,221
 4       To re-elect Claudia Arney as a director                                    1,590,808,232  96.67%  54,836,414     3.33%   1,645,644,646  88.70%    683,884
 5       To re-elect Bernard Bot as a director                                      1,639,740,623  99.66%  5,593,645      0.34%   1,645,334,268  88.69%    994,145
 6       To re-elect Catherine Bradley as a director                                1,617,174,924  98.28%  28,368,990     1.72%   1,645,543,914  88.70%    784,616
 7       To re-elect Jeff Carr as a director                                        1,617,097,761  98.27%  28,439,809     1.73%   1,645,537,570  88.70%    790,960
 8       To re-elect Thierry Garnier as a director                                  1,644,578,282  99.93%  1,171,141      0.07%   1,645,749,423  88.71%    579,107
 9       To re-elect Sophie Gasperment as a director                                1,613,058,850  98.27%  28,333,689     1.73%   1,641,392,539  88.47%    4,935,991
 10      To re-elect Rakhi Goss-Custard as a director                               1,611,828,048  97.95%  33,682,031     2.05%   1,645,510,079  88.69%    818,451
 11      To re-elect Bill Lennie as a director                                      1,617,251,707  98.28%  28,333,372     1.72%   1,645,585,079  88.70%    743,451
 12      To re-appoint Deloitte LLP as auditor                                      1,359,151,472  98.13%  25,847,098     1.87%   1,384,998,570  74.65%    261,329,960
 13      To authorise the Audit Committee to agree the auditor's remuneration       1,633,483,038  99.26%  12,207,785     0.74%   1,645,690,823  88.70%    637,707
 14      To authorise the Company and its subsidiaries to make political donations  1,367,368,480  99.14%  11,853,843     0.86%   1,379,222,323  74.34%    267,096,010
 15      To authorise the directors to allot shares                                 1,304,067,582  79.24%  341,548,602    20.76%  1,645,616,184  88.70%    703,749
 16      To disapply pre-emption rights                                             1,381,145,119  83.94%  264,183,060    16.06%  1,645,328,179  88.68%    1,000,348
 17      To disapply pre-emption rights for an additional five percent              1,340,869,812  81.51%  304,241,159    18.49%  1,645,110,971  88.67%    1,217,556
 18      To authorise the company to purchase its own shares                        1,636,720,605  99.65%  5,721,881      0.35%   1,642,442,486  88.53%    3,886,044
 19      To authorise the Company to call a general meeting other than an annual    1,550,860,686  94.23%  94,938,691     5.77%   1,645,799,377  88.71%    529,153
         general meeting on not less than 14 clear days' notice

 

The Board notes that Resolution 15 (Authority to allot shares) was supported
by the majority of shareholders voting at the AGM with 79.24% of votes cast in
favour and 20.76% cast against. The Company understands that certain of its
larger shareholders are not supportive of this authority as a matter of
general policy.

 

The Company will continue to consult and engage with shareholders to better
understand the reasons behind these votes against and will publish an update
of its shareholder engagement within six months of today's AGM.

 

NOTES

 

*    Includes discretionary votes

**   A vote withheld is not a vote in law and, therefore cannot be counted
in the calculation of the proportion of

     votes for and against a resolution.

 

The number of ordinary shares in issue on Tuesday, 18 June 2024, was
1,855,251,735.

 

A copy of the poll results for the Annual General Meeting will shortly be
available at www.kingfisher.com (http://www.kingfisher.com) .

 

In accordance with Listing Rule 9.6.2, copies of the special resolutions
passed will be submitted to the National Storage Mechanism and will shortly be
available at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

CONTACT

 

For further information, please contact:

 

                      Tel:                   Email:

 Investor Relations   +44 (0) 20 7644 1082   investorenquiries@kingfisher.com (mailto:investorenquiries@kingfisher.com)
 Media Relations      +44 (0) 20 7644 1030   corpcomms@kingfisher.com (mailto:corpcomms@kingfisher.com)
 Teneo                +44 (0) 20 7420 3184   Kfteam@teneo.com (mailto:Kfteam@teneo.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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGFZGZVKGFGDZM