23 May 2018 15:55
23 May 2018
Results of Annual General Meeting
The Annual General Meeting ("AGM") of Bakkavor Group plc ("Bakkavor") was held today at 9.30am at Fitzroy Place, 8 Mortimer Street, London, W1T 3JJ. All resolutions set out in the Notice of AGM dated 9 April 2018 were duly passed by Shareholders on a show of hands.
Resolutions 1 to 15 were passed as ordinary resolutions and resolutions 16 to 19 were passed as special resolutions. The voting results are given below.
| Resolution | Votes For | % | Votes Against | % | Total Votes Cast | Votes Withheld |
1. | To receive the Annual Report and Accounts | 527,779,187 | 99.99 | 74,000 | 0.01 | 527,858,211 | 5,024 |
2. | To approve the Directors' Remuneration Policy | 525,675,523 | 99.73 | 1,428,523 | 0.27 | 527,858,210 | 754,164 |
3. | To approve the Directors' Remuneration Report | 526,151,177 | 99.68 | 1,707,033 | 0.32 | 527,858,210 | 0 |
4. | To elect Robert Berlin as a Director of the Company | 525,679,328 | 99.59 | 2,178,882 | 0.41 | 527,858,210 | 0 |
5. | To elect Simon Burke as a Director of the Company | 527,536,814 | 99.94 | 321,396 | 0.06 | 527,858,210 | 0 |
6. | To elect Sue Clark as a Director of the Company | 527,549,476 | 99.94 | 308,735 | 0.06 | 527,858,211 | 0 |
7. | To elect Peter Gates as a Director of the Company | 527,532,476 | 99.94 | 325,735 | 0.06 | 527,858,211 | 0 |
8. | To elect Agust Gudmundsson as a Director of the Company | 527,532,476 | 99.94 | 325,735 | 0.06 | 527,858,211 | 0 |
9. | To elect Lydur Gudmundsson as a Director of the Company | 526,167,558 | 99.68 | 1,690,652 | 0.32 | 527,858,210 | 0 |
10. | To elect Denis Hennequin as a Director of the Company | 526,220,561 | 99.94 | 326,419 | 0.06 | 527,858,210 | 1,311,230 |
11. | To elect Todd Krasnow as a Director of the Company | 525,176,985 | 99.62 | 1,998,874 | 0.38 | 527,858,210 | 682,351 |
12. | To elect Jane Lodge as a Director of the Company | 527,061,115 | 99.85 | 797,096 | 0.15 | 527,858,211 | 0 |
13. | To re-appoint Deloitte LLP as Auditor of the Company | 526,120,952 | 99.67 | 1,737,258 | 0.33 | 527,858,210 | 0 |
14. | To authorise the Directors to determine the remuneration of the Auditor | 527,549,476 | 99.94 | 308,735 | 0.06 | 527,858,211 | 0 |
15. | To authorise the Directors to allot shares | 527,858,063 | 100.00 | 148 | 0.00 | 527,858,211 | 0 |
16. | To empower the Directors to disapply pre-emption rights | 527,857,544 | 100.00 | 667 | 0.00 | 527,858,211 | 0 |
17. | To empower the Directors to disapply pre-emption rights for financing/refinancing particular acquisitions and other capital investments | 526,429,168 | 99.73 | 1,429,042 | 0.27 | 527,858,210 | 0 |
18. | To authorise the Company to purchase its own shares | 525,680,547 | 99.59 | 2,177,663 | 0.41 | 527,858,210 | 0 |
19. | To allow a general meeting to be called on 14 clear days' notice | 527,744,162 | 99.98 | 114,049 | 0.02 | 527,858,211 | 0 |
Notes:
(a) The votes "for" and "against" are expressed as a percentage of the votes received.
(b) Votes "for" include those votes giving the Chairman discretion.
(c) A "vote withheld" is not counted towards the votes cast "for" or "against" a resolution.
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 UK Listing Authority via the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.
The total number of shares in issue on 23 May 2018 was 579,425,585 ordinary shares of 2 pence each.
ENQUIRIES
Company Secretarial:
Simon Witham, General Counsel and Company Secretary +44 (0) 20 7908 6142
company.secretary@bakkavor.com
Institutional investors and analysts:
Tamarin Bibow, Head of Investor Relations +44 (0) 20 7908 6143
Media enquiries:
Tulchan Communications +44 (0) 20 7353 4200
Will Smith, Jessica Reid
About Bakkavor
Bakkavor is the leading provider in the large and fast-growing UK Fresh Prepared Food (FPF) market, which consists of the four categories of Meals, Salads, Desserts and Pizza & Bread, and has a growing international presence in the US and China.
In the UK the Group is the number one producer by market share in all four FPF categories, supplying all of the UK's leading grocery retailers, including Tesco, M&S, Sainsbury's and Waitrose.
The International segment has operations in the US and China, supplying both retail and foodservice customers.
LEI number: 213800COL7AD54YU9949
Bakkavor (BAKK)