Last checked at 27 Jan 2022 14:15
-Britvic plc
LEI: 635400L3NVMYD4BVCI53
27 January 2022
Result of Annual General Meeting
Britvic plc (the "Company") announces that the following resolutions were duly passed at the Company's Annual General Meeting which was held at 11:00am on 27 January 2022 at Linklaters LLP, One Silk Street, London EC2Y 8HQ. The results of the poll are as follows:
No. | Resolution | Total For (1) | % | Total Against | % | Votes Withheld (2) |
Ordinary Resolutions | ||||||
1. | Receive the Company's Annual Report for year ended 30 September 2021 | 225,976,807 | 100.00 | 3,549 | 0.00 | 307,617 |
2. | Declare a final dividend of 17.7p per share | 226,265,748 | 100.00 | 7,131 | 0.00 | 17,443 |
3. | Consider and approve the Directors' Remuneration Policy | 206,798,781 | 91.65 | 18,847,778 | 8.35 | 639,791 |
4. | Approve the Directors' remuneration report for year ended 30 September 2021 | 152,427,246 | 68.29 | 70,782,829 | 31.71 | 3,077,898 |
5. | Re-election of John Daly as a Director | 215,119,025 | 99.19 | 1,755,986 | 0.81 | 9,411,339 |
6. | Re-election of Sue Clark as a Director | 218,978,363 | 96.78 | 7,276,873 | 3.22 | 32,737 |
7. | Re-election of William Eccleshare as a Director | 210,749,371 | 93.15 | 15,502,113 | 6.85 | 34,866 |
8. | Re-election of Simon Litherland as a Director | 226,226,988 | 99.99 | 32,772 | 0.01 | 28,213 |
9. | Re-election of Ian McHoul as a Director | 181,359,327 | 85.54 | 30,660,931 | 14.46 | 14,266,092 |
10. | Re-election of Euan Sutherland as a Director | 224,571,939 | 99.26 | 1,680,295 | 0.74 | 34,386 |
11. | Re-election of Joanne Wilson as a Director | 224,391,571 | 99.18 | 1,860,972 | 0.82 | 33,807 |
12. | Election of Emer Finnan as a Director | 226,206,295 | 99.98 | 36,538 | 0.02 | 43,517 |
13. | Re-appointment of Ernst & Young LLP as auditors | 222,188,891 | 98.20 | 4,081,694 | 1.80 | 15,765 |
14. | Authority to Audit Committee to fix the remuneration of the auditors | 225,394,940 | 99.62 | 856,121 | 0.38 | 36,912 |
15. | Authority to make political donations and incur political expenditure | 224,548,697 | 99.25 | 1,697,904 | 0.75 | 41,372 |
16. | Authority to Directors to allot shares | 178,101,097 | 85.70 | 29,726,826 | 14.30 | 18,460,050 |
Special Resolutions | ||||||
17. | Authority to Directors to issue shares for cash | 222,976,526 | 98.57 | 3,244,187 | 1.43 | 65,637 |
18. | Authority to issue shares for cash in relation to an acquisition or other capital investment | 208,429,041 | 92.13 | 17,795,534 | 7.87 | 63,398 |
19. | Authority to company to purchase own shares | 225,679,629 | 99.74 | 579,039 | 0.26 | 27,682 |
20. | Authority to hold general meetings (other than AGMs) on 14 clear days' notice | 200,069,800 | 88.42 | 26,201,198 | 11.58 | 17,701 |
The Company's issued share capital as at 27 January 2022 was 267,689,262 shares of 20 pence each. 84.53% of the issued share capital was instructed.
(1) Includes those votes giving the Chairman discretion
(2) A 'vote withheld' is not a vote in law and is not counted in the calculation of votes 'For' or 'Against' a resolution.
The Britvic plc Board confirms that all the resolutions were passed at today's Annual General Meeting - and is most grateful for the support of our shareholders. As a company, we always take the utmost care to engage with our shareholders and all key stakeholders in our business, and the views of all our shareholders are very important to us. In this regard, we note that we received a number of votes against Resolution 4 on the Directors' Remuneration Report. With this in mind, we will now re-engage with those institutions that voted against this resolution, to better understand their position. We will share the actions undertaken by the company in this respect within the next few months.
In accordance with Listing Rule 9.6.2, copies of the resolutions passed that do not constitute ordinary business at an annual general meeting will be submitted to the National Storage Mechanism and will be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The results will also be made available on the Company's website at www.britvic.com/agm.
Clare Thomas
Company Secretary
For further information please contact:
Investors: | |
Joanne Wilson (Chief Financial Officer) | +44 (0) 7881 751550 |
Steve Nightingale (Director of Investor Relations) | +44 (0) 7808 097784 |
Media: | |
Kathryn Partridge (Director of Corporate Affairs) | +44 (0) 7803 854229 |
Stephen Malthouse (Headland) | +44 (0) 7734 956201 |