Last checked at 16 Jun 2020 13:06
FOR IMMEDIATE RELEASE
Coca-Cola HBC AG
Results of Annual General Meeting of Coca-Cola HBC AG and election of Ms. Anna Diamantopoulou as a new Member of the Board of Directors
Zug, Switzerland - 16 June 2020 - 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 2020 were duly passed by the requisite majority of shareholders at its AGM held today, 16 June 2020. 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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on Coca-Cola HBC's website at www.coca-colahellenic.com
Coca-Cola HBC's shareholders elected Ms. Anna Diamantopoulou as a new member of the Board. Her biography can be found at www.coca-colahellenic.com
The AGM approved a dividend of EUR 0.62 per share ("Dividend") out of the general capital contribution reserve, capped at an amount of CHF 300,000,000. Payment of the full amount of the Dividend will be made on 28 July 2020 to holders of ordinary shares on the record date of 3 July 2020. The shares are expected to be traded ex-dividend as of 2 July 2020, in which case the last day on which the shares may be traded with the entitlement to receive dividends will be 1 July 2020. In addition, the AGM approved a share buy back of up to up to 10,000,000 ordinary shares of CHF 6.70.
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 2019 Integrated Annual Report, as well as approval of the annual management report, the stand-alone financial statements and the consolidated financial statements | 268113726 | 99.91% | 9374 | 0.01% | 207013 | 0.08% | 268330113 | 0 | 73.70% |
2.1. | Appropriation of available earnings | 267914411 | 99.84% | 342319 | 0.13% | 73383 | 0.03% | 268330113 | 0 | 73.70% |
2.2. | Declaration of dividends from reserves | 267869664 | 99.83% | 342419 | 0.13% | 118030 | 0.04% | 268330113 | 0 | 73.70% |
3. | Discharge of the members of the Board of Directors and the members of the Operating Committee | 267291138 | 99.61% | 773201 | 0.29% | 265774 | 0.10% | 268330113 | 0 | 73.70% |
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 | 253318388 | 94.41% | 13100559 | 4.88% | 1911166 | 0.71% | 268330113 | 0 | 73.70% |
4.1.2. | Re-election of Zoran Bogdanovic as a member of the Board of Directors | 265654637 | 99.00% | 2600593 | 0.97% | 74883 | 0.03% | 268330113 | 0 | 73.70% |
4.1.3. | Re-election of Charlotte J. Boyle as a member of the Board of Directors and as a member of the Remuneration Committee | 266641168 | 99.37% | 1613126 | 0.60% | 75819 | 0.03% | 268330113 | 0 | 73.70% |
4.1.4. | Re-election of Reto Francioni as a member of the Board of Directors and as a member of the Remuneration Committee | 261089665 | 97.30% | 7164629 | 2.67% | 75819 | 0.03% | 268330113 | 0 | 73.70% |
4.1.5. | Re-election of Olusola David-Borha as a member of the Board of Directors | 267615601 | 99.73% | 639629 | 0.24% | 74883 | 0.03% | 268330113 | 0 | 73.70% |
4.1.6. | Re-election of William W. Douglas III as a member of the Board of Directors | 264913584 | 98.72% | 3340710 | 1.25% | 75819 | 0.03% | 268330113 | 0 | 73.70% |
4.1.7. | Re-election of Anastasios I. Leventis as a member of the Board of Directors | 260883393 | 97.22% | 7373337 | 2.75% | 73383 | 0.03% | 268330113 | 0 | 73.70% |
4.1.8. | Re-election of Christodoulos Leventis as a member of the Board of Directors | 260931101 | 97.24% | 7325629 | 2.73% | 73383 | 0.03% | 268330113 | 0 | 73.70% |
4.1.9. | Re-election of Alexandra Papalexopoulou as a member of the Board of Directors | 266221934 | 99.21% | 2034796 | 0.76% | 73383 | 0.03% | 268330113 | 0 | 73.70% |
4.1.10. | Re-election of José Octavio Reyes as a member of the Board of Directors | 260928288 | 97.24% | 7186935 | 2.68% | 214890 | 0.08% | 268330113 | 0 | 73.70% |
4.1.11. | Re-election of Alfredo Rivera as a member of the Board of Directors | 259175697 | 96.59% | 8934059 | 3.33% | 220357 | 0.08% | 268330113 | 0 | 73.70% |
4.1.12. | Re-election of Ryan Rudolph as a member of the Board of Directors | 260754467 | 97.17% | 7499827 | 2.80% | 75819 | 0.03% | 268330113 | 0 | 73.70% |
4.2. | Election of Anna Diamantopoulou as a new member of the Board of Directors and as a new member of the Remuneration Committee | 267859645 | 99.82% | 394439 | 0.15% | 76029 | 0.03% | 268330113 | 0 | 73.70% |
5. | Election of the independent proxy | 266385199 | 99.27% | 1870331 | 0.70% | 74583 | 0.03% | 268330113 | 0 | 73.70% |
6.1. | Re-election of the statutory auditor | 264612676 | 98.62% | 3597857 | 1.34% | 119580 | 0.04% | 268330113 | 0 | 73.70% |
6.2. | Advisory vote on re-appointment of the independent registered public accounting firm for UK purposes | 266544842 | 99.33% | 1708237 | 0.64% | 77034 | 0.03% | 268330113 | 0 | 73.70% |
7. | Advisory vote on the UK Remuneration Report | 261130154 | 97.32% | 5744287 | 2.14% | 1455672 | 0.54% | 268330113 | 0 | 73.70% |
8. | Advisory vote on the Remuneration Policy | 251002866 | 93.54% | 17250378 | 6.43% | 76869 | 0.03% | 268330113 | 0 | 73.70% |
9. | Advisory vote on the Swiss Remuneration Report | 261453104 | 97.44% | 6799039 | 2.53% | 77970 | 0.03% | 268330113 | 0 | 73.70% |
10.1. | Approval of the maximum aggregate amount of remuneration for the Board of Directors until the next annual general meeting | 267895965 | 99.87% | 347298 | 0.13% | 86850 | n.a. | 268243263 | 0 | 73.70% |
10.2. | Approval of the maximum aggregate amount of remuneration for the Operating Committee for the next financial year | 265205431 | 99.38% | 1660130 | 0.62% | 1464552 | n.a. | 266865561 | 0 | 73.70% |
11. | Approval of share buy-back | 265309621 | 98.88% | 2933228 | 1.09% | 87264 | 0.03% | 268330113 | 0 | 73.70% |
(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 an absolute majority of the votes validly cast (including consenting and dissenting votes and abstentions).
(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 370'251'684 ordinary shares, of which 2'759'280 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 364'062'269.
Enquiries
Coca‑Cola HBC Group
Investors and Analysts: |
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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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Media: |
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| David Hart Group Communication Director | Tel: +41 41 726 0143 david.hart@cchellenic.com | |||
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| International media contact: Teneo Rob Morgan Tom Davies | Tel: +44 7557 413 275 robert.morgan@teneo.com tom.davies@teneo.com |
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| Greek media contact: V+O Communications Argyro Oikonomou | Tel: +30 211 7501219 ao@vando.gr |
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About Coca‑Cola HBC
Coca-Cola HBC is a leading bottler of The Coca-Cola Company with 2019 revenue in excess of €7 billion. 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, plant based beverages and ready-to-drink 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.