27 Jun 2023 16:17
KINGFISHER PLC
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Results of the Annual General Meeting held on 27 June 2023
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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 17 were passed as ordinary resolutions; resolutions 18 to 21 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
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The results of the poll for each resolution are as follows:
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Resolution | Votes For* | % | Votes Against | % | TotalVotes | % of ISC | Votes** Withheld  | |
1 | To receive the report and accounts | Â 1,689,235,464 | 99.99 Â | Â 211,277 | 0.01 | Â 1,689,446,741 | 88.09 | Â 7,048,873 |
2 | To approve the directors' remuneration report | Â 1,614,504,252 | 95.18 | Â 81,679,292 | 4.82 | Â 1,696,183,544 | 88.44 | Â 312,340 |
3 | To declare the final dividend | Â 1,696,278,475 | 100.00 | Â 30,031 | 0.00 | Â 1,696,308,506 | 88.44 | Â 187,378 |
4 | To re-elect Claudia Arney as a director | Â 1,656,558,978 | 97.92 | Â 35,123,372 | 2.08 | Â 1,691,682,350 | 88.20 | Â 4,813,534 |
5 | To re-elect Bernard Bot as a director | Â 1,684,181,983 | 99.30 | Â 11,798,706 | 0.70 | Â 1,695,980,689 | 88.43 | Â 515,195 |
6 | To re-elect Catherine Bradley as a director | Â 1,622,679,245 | 95.92 | Â 69,001,623 | 4.08 | Â 1,691,680,868 | 88.20 | Â 4,815,016 |
7 | To re-elect Jeff Carr as a director | Â 1,660,961,971 | 97.93 | Â 35,119,486 | 2.07 | Â 1,696,081,457 | 88.43 | Â 414,357 |
8 | To re-elect Andrew Cosslett as a director | Â 1,620,422,053 | 95.54 | Â 75,639,697 | 4.46 | Â 1,696,061,750 | 88.43 | Â 434,134 |
9 | To re-elect Thierry Garnier as a director | Â 1,693,376,965 | 99.83 | Â 2,818,316 | 0.17 | Â 1,696,195,281 | 88.44 | Â 300,603 |
10 | To re-elect Sophie Gasperment as a director | Â 1,657,112,628 | 97.70 | Â 39,020,561 | 2.30 | Â 1,696,133,189 | 88.43 | Â 362,695 |
11 | To re-elect Rakhi Goss-Custard as a director | Â 1,656,830,189 | 97.94 | Â 34,928,606 | 2.06 | Â 1,691,758,795 | 88.21 | Â 4,737,089 |
12 | To re-elect Bill Lennie as a director | Â 1,663,398,732 | 98.07 | Â 32,746,792 | 1.93 | Â 1,696,145,524 | 88.44 | Â 350,360 |
13 | To re-appoint Deloitte LLP as auditor | Â 1,439,252,200 | 98.41 | Â 23,236,201 | 1.59 | Â 1,462,488,401 | 76.25 | Â 234,002,871 |
14 | To authorise the Audit Committee to agree the auditor's remuneration | Â 1,683,371,573 | 99.24 | Â 12,860,202 | 0.76 | Â 1,696,231,775 | 88.44 | Â 263,680 |
15 | To authorise the Company and its subsidiaries to make political donations | Â 1,454,341,863 | 99.44 | Â 8,155,429 | 0.56 | Â 1,462,497,292 | 76.25 | Â 233,997,728 |
16 | To authorise the directors to allot shares | Â 1,386,726,658 | 81.96 | Â 305,141,015 | 18.04 | Â 1,691,867,673 | 88.21 | Â 4,622,796 |
17 | To approve the Kingfisher Sharesave Plan | Â 1,662,650,557 | 98.02 | Â 33,576,894 | 1.98 | Â 1,696,227,451 | 88.44 | Â 268,433 |
18 | To disapply pre-emption rights | Â 1,364,697,849 | 80.47 | Â 331,310,299 | 19.53 | Â 1,696,008,148 | 88.43 | Â 487,736 |
19 | To disapply pre-emption rights for an additional ten percent | Â 1,328,428,580 | 78.46 | Â 364,646,723 | 21.54 | Â 1,693,075,303 | 88.28 | Â 3,420,581 |
20 | To authorise the company to purchase its own shares | Â 1,688,462,121 | 99.60 | Â 6,703,836 | 0.40 | Â 1,695,165,957 | 88.38 | Â 1,325,246 |
21 | To authorise the Company to call a general meeting other than an annual general meeting on not less than 14 clear days' notice | Â 1,589,660,432 | 93.72 | Â 106,600,683 | 6.28 | Â 1,696,261,115 | 88.44 | Â 234,769 |
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The Board notes that there were 21.54% of votes cast against Resolution 19 (Authority to disapply pre-emption rights for an additional ten percent). The Board understands that some shareholders are not supportive of these authorities as a matter of general policy.
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The Company will continue to consult and engage with shareholders to better understand the reasons behind these votes and will publish an update of its shareholder engagement within 6 months of today's AGM.
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NOTES
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* 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.
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The number of ordinary shares in issue on Friday 23 June 2023, was 1,917,945,451.
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A copy of the poll results for the Annual General Meeting will shortly be available at www.kingfisher.com. Â
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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. Â
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CONTACT
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For further information, please contact:
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 Investor Relations | Tel: +44 (0) 20 7644 1082 | Email: investorenquiries@kingfisher.com |
Media Relations | +44 (0) 20 7644 1030 | corpcomms@kingfisher.com |
Teneo | +44 (0) 20 7420 3184 | Kfteam@teneo.com |
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