Last checked at 18 Jun 2019 16:30
FOR IMMEDIATE RELEASE
Coca-Cola HBC AG
Results of Annual General Meeting of Coca-Cola HBC AG and election of Mr. Alfredo Rivera as a new Member of the Board of Directors
Zug, Switzerland - 18 June 2019 - Coca-Cola HBC AG ("Coca-Cola HBC") today announces that all of the proposals of the Board of Directors (the "Board") set out in the notice of the annual general meeting ("AGM") dated 14 May 2019 were duly passed by the requisite majority of shareholders at its AGM held today, 18 June 2019. The final results are set out below. A copy of the resolutions passed at the AGM has also been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM and on Coca-Cola HBC's website at www.coca-colahellenic.com
Coca-Cola HBC's shareholders elected Mr. Alfredo Rivera as a new member of the Board. His biography can be found at www.coca-colahellenic.com
The AGM approved (i) a dividend of EUR 0.57 per share ("Ordinary Dividend") and (ii) a special dividend of EUR 2.00 per share ("Special Dividend") out of the general capital contribution reserve, capped at an amount of CHF 1,200,000,000. Payment of the full amount of Ordinary Dividend and the Special Dividend will be paid on 30 July 2019 to holders of ordinary shares on the record date of 5 July 2019. The shares are expected to be traded ex-dividend as of 4 July 2019, in which case the last day on which the shares may be traded with the entitlement to receive dividends will be 3 July 2019. In addition, the AGM approved a reduction in share capital by cancelling 3,249,803 registered shares held in treasury.
Final Ballot Results
Proposal | Votes for | % (1) | Votes Against | % (1) | Abs- tentions Cast | % (1) | Total Votes Cast | Votes not cast (2) | Voting Rights Repre- sented % (3) | |
1. | Receipt of the 2018 Integrated Annual Report, as well as approval of the annual management report, the stand-alone financial statements and the consolidated financial statements | 234039707 | 99.91% | 0 | 0.00% | 206534 | 0.09% | 234246241 | 0 | 64.55% |
2.1. | Appropriation of available earnings | 234122536 | 99.94% | 114599 | 0.05% | 9106 | 0.01% | 234246241 | 0 | 64.55% |
2.2. | Declaration of dividends from reserves | 234188817 | 99.97% | 48318 | 0.02% | 9106 | 0.01% | 234246241 | 0 | 64.55% |
3. | Discharge of the members of the Board of Directors and the members of the Operating Committee | 233255028 | 99.68% | 528116 | 0.23% | 208440 | 0.09% | 233991584 | 0 | 64.48% |
4.1.1. | Re-election of Anastassis G. David as a member of the Board of Directors and as the Chairman of the Board of Directors (in a single vote) | 224610663 | 95.88% | 9625031 | 4.11% | 10547 | 0.01% | 234246241 | 0 | 64.55% |
4.1.2. | Re-election of Alexandra Papalexopoulou as a member of the Board of Directors and as a member of the Remuneration Committee (in a single vote) | 233749626 | 99.78% | 486068 | 0.21% | 10547 | 0.01% | 234246241 | 0 | 64.55% |
4.1.3. | Re-election of Reto Francioni as a member of the Board of Directors and as a member of the Remuneration Committee (in a single vote) | 230977455 | 98.60% | 3257917 | 1.39% | 10869 | 0.01% | 234246241 | 0 | 64.55% |
4.1.4. | Re-election of Charlotte J. Boyle as a member of the Board of Directors and as a member of the Remuneration Committee (in a single vote) | 233798550 | 99.80% | 436822 | 0.19% | 10869 | 0.01% | 234246241 | 0 | 64.55% |
4.1.5. | Re-election of Zoran Bogdanovic as a member of the Board of Directors | 232485911 | 99.24% | 1751256 | 0.75% | 9074 | 0.01% | 234246241 | 0 | 64.55% |
4.1.6. | Re-election of Olusola (Sola) David-Borha as a member of the Board of Directors | 233743656 | 99.78% | 491716 | 0.21% | 10869 | 0.01% | 234246241 | 0 | 64.55% |
4.1.7. | Re-election of William W. Douglas III as a member of the Board of Directors | 232510310 | 99.25% | 1725062 | 0.74% | 10869 | 0.01% | 234246241 | 0 | 64.55% |
4.1.8. | Re-election of Anastasios I. Leventis as a member of the Board of Directors | 224089173 | 95.66% | 10146521 | 4.33% | 10547 | 0.01% | 234246241 | 0 | 64.55% |
4.1.9. | Re-election of Christodoulos Leventis as a member of the Board of Directors | 224353352 | 95.77% | 9882342 | 4.22% | 10547 | 0.01% | 234246241 | 0 | 64.55% |
4.1.10. | Re-election of José Octavio Reyes as a member of the Board of Directors | 224353020 | 95.77% | 9882352 | 4.22% | 10869 | 0.01% | 234246241 | 0 | 64.55% |
4.1.11. | Re-election of Ryan Rudolph as a member of the Board of Directors | 224105121 | 95.67% | 10130251 | 4.32% | 10869 | 0.01% | 234246241 | 0 | 64.55% |
4.1.12. | Re-election of John P. Sechi as a member of the Board of Directors | 232965748 | 99.45% | 1269624 | 0.54% | 10869 | 0.01% | 234246241 | 0 | 64.55% |
4.2. | Election of Alfredo Rivera as a new member of the Board of Directors | 224255808 | 95.73% | 9979725 | 4.26% | 10708 | 0.01% | 234246241 | 0 | 64.55% |
5. | Election of the independent proxy | 234237135 | 99.99% | 0 | 0.00% | 9106 | 0.01% | 234246241 | 0 | 64.55% |
6.1. | Re-election of the statutory auditor | 233405058 | 99.64% | 830636 | 0.35% | 10547 | 0.01% | 234246241 | 0 | 64.55% |
6.2. | Advisory vote on re-appointment of the independent registered public accounting firm for UK purposes | 233404812 | 99.64% | 830542 | 0.35% | 10887 | 0.01% | 234246241 | 0 | 64.55% |
7. | Advisory vote on the UK Remuneration Report | 232487763 | 99.24% | 1747581 | 0.75% | 10897 | 0.01% | 234246241 | 0 | 64.55% |
8. | Advisory vote on the Remuneration Policy | 224790736 | 95.96% | 9445934 | 4.03% | 9571 | 0.01% | 234246241 | 0 | 64.55% |
9. | Advisory vote on the Swiss Remuneration Report | 232323962 | 99.17% | 1911392 | 0.82% | 10887 | 0.01% | 234246241 | 0 | 64.55% |
10.1. | Approval of the maximum aggregate amount of remuneration for the Board of Directors until the next annual general meeting | 232930428 | 99.44% | 1304801 | 0.56% | 11012 | n.a. | 234235229 | 0 | 64.55% |
10.2. | Approval of the maximum aggregate amount of remuneration for the Operating Committee for the next financial year | 231596412 | 98.98% | 2385368 | 1.02% | 264461 | n.a. | 233981780 | 0 | 64.55% |
11. | Approval of a share capital reduction by cancelling treasury shares | 234235185 | 99.98% | 1451 | 0.01% | 9605 | 0.01% | 234246241 | 0 (0.00%) | 64.55% |
(1) Percentages refer to applicable majority. Proposals 1-9 require approval by an absolute majority of the votes validly cast (including consenting and dissenting votes and abstentions). Proposals 10.1 and 10.2 require approval by a relative majority of the votes validly cast (including consenting and dissenting votes without abstentions). Proposal 11 requires approval by a majority of at least two-thirds of the voting rights represented and an absolute majority of the nominal value of shares represented.
(2) Votes represented at the AGM but not (or not validly) cast.
(3) Shares represented at the AGM for each proposal as a percentage of Coca-Cola HBC's outstanding voting rights, whether exercisable or not. As at the date of the AGM, Coca-Cola HBC's issued share capital consisted of 372,801,582 ordinary shares, of which 6,477,901 ordinary shares are held by Coca-Cola HBC AG and 3,430,135 shares are held by its subsidiary, COCA-COLA HBC SERVICES MEPE, in treasury. Accordingly, the total number of outstanding voting rights (whether exercisable or not) in Coca-Cola HBC AG was 362,893,546.
Enquiries
Coca‑Cola HBC Group
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Joanna Kennedy Investor Relations Director | Tel: +44 20 37 444 230 joanna.kennedy@cchellenic.com |
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Carla Fabiano Investor Relations Manager | Tel: +44 20 37 444 231 carla.fabiano@cchellenic.com
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Sofia Grigoratou Investor Relations Manager | Tel: +30 210 618 3327 sofia.grigoratou@cchellenic.com |
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About Coca‑Cola HBC
Coca-Cola HBC is a leading bottler of The Coca-Cola Company with an annual sales volume of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of more than 600 million people. Coca-Cola HBC offers a diverse range of primarily non-alcoholic ready-to-drink beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca-Cola HBC is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities. Coca-Cola HBC is ranked among the top sustainability performers in ESG benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI ESG and FTSE4Good, among others.
Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). For more information, please visit http://www.coca-colahellenic.com.