Associated British Foods plc
9 December 2016
Result of AGM
Associated British Foods plc announces the results of the voting by poll on the resolutions put to the Annual General Meeting of the Company held on Friday 9 December 2016. All resolutions were passed by the members entitled to vote.
In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, have been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/nsm
Resolution |
Votes For
|
% For |
Votes Against
|
% Against
|
Votes Total |
% of Issued Share Capital voted
|
Votes Withheld |
||
1 |
Annual report and accounts |
670,752,694 |
99.94 |
400,638 |
0.06 |
671,153,332 |
84.78% |
45,358 |
|
2 |
Directors' remuneration report |
658,149,707 |
98.35 |
11,046,897 |
1.65 |
669,196,604 |
84.53% |
1,999,956 |
|
3 |
Directors' remuneration policy |
652,314,835 |
97.19 |
18,835,614 |
2.81 |
671,150,449 |
84.78% |
46,285 |
|
4 |
Declaration of final dividend |
671,166,920 |
100.00 |
907 |
0.00 |
671,167,827 |
84.78% |
29,942 |
|
5 |
Re-election of Emma Adamo as a director |
665,445,421 |
99.15 |
5,714,858 |
0.85 |
671,160,279 |
84.78% |
35,322 |
|
6 |
Re-election of John Bason as a director |
668,150,508 |
99.55 |
2,999,487 |
0.45 |
671,149,995 |
84.78% |
34,183 |
|
7 |
Re-election of Ruth Cairnie as a director |
663,241,841 |
98.82 |
7,922,288 |
1.18 |
671,164,129 |
84.78% |
34,416 |
|
8 |
Re-election of Timothy Clarke as a director |
616,664,716 |
92.13 |
52,682,989 |
7.87 |
669,347,705 |
84.55% |
1,849,018 |
|
9 |
Re-election of Javier Ferrán as a director |
626,612,204 |
93.47 |
43,806,911 |
6.53 |
670,419,115 |
84.68% |
771,325 |
|
10 |
Re-election of Wolfhart Hauser as a director |
663,090,281 |
98.80 |
8,069,538 |
1.20 |
671,159,819 |
84.78% |
35,500 |
|
11 |
Election of Richard Reid as a director |
661,312,027 |
99.07 |
6,233,971 |
0.93 |
667,545,998 |
84.32% |
3,637,242 |
|
12 |
Re-election of Charles Sinclair as a director |
640,696,145 |
98.73 |
8,241,545 |
1.27 |
648,937,690 |
81.97% |
22,259,594 |
|
13 |
Re-election of George Weston as a director |
669,399,078 |
99.74 |
1,762,493 |
0.26 |
671,161,571 |
84.78% |
34,378 |
|
14 |
Reappointment of auditor |
667,706,778 |
99.49 |
3,454,989 |
0.51 |
671,161,767 |
84.78% |
34,504 |
|
15 |
Auditor's remuneration |
667,950,809 |
99.52 |
3,203,066 |
0.48 |
671,153,875 |
84.78% |
34,857 |
|
16 |
Directors' authority to allot shares |
580,465,587 |
86.80 |
88,269,702 |
13.20 |
668,735,289 |
84.47% |
2,457,735 |
|
17 |
Disapplication of pre-emption rights * |
668,968,588 |
99.93 |
464,183 |
0.07 |
669,432,771 |
84.56% |
1,758,257 |
|
18 |
Notice of general meetings * |
656,853,649 |
98.12 |
12,599,260 |
1.88 |
669,452,909 |
84.56% |
1,737,963 |
|
19 |
Adoption of the 2016 Long Term Incentive Plan |
650,149,281 |
97.12 |
19,262,496 |
2.88 |
669,411,777 |
84.56% |
1,776,729 |
|
* Special resolution |
|||||||||
Votes excluding controlling shareholders on the resolutions concerning the election or re-election of the independent non-executive directors |
|||||||||
Resolution |
Votes For
|
% For |
Votes Against
|
% Against
|
Votes Total |
% of Issued Share Capital voted (excluding controlling share-holders)
|
Votes Withheld |
||
7 |
Re-election of Ruth Cairnie as a director |
223,808,316 |
96.58 |
7,922,288 |
3.42 |
231,730,604 |
71.65% |
34,416 |
|
8 |
Re-election of Timothy Clarke as a director |
177,231,191 |
77.09 |
52,682,989 |
22.91 |
229,914,180 |
71.09% |
1,849,018 |
|
9 |
Re-election of Javier Ferrán as a director |
187,178,679 |
81.03 |
43,806,911 |
18.97 |
230,985,590 |
71.42% |
771,325 |
|
10 |
Re-election of Wolfhart Hauser as a director |
223,656,756 |
96.52 |
8,069,538 |
3.48 |
231,726,294 |
71.65% |
35,500 |
|
11 |
Election of Richard Reid as a director |
221,878,502 |
97.27 |
6,233,971 |
2.73 |
228,112,473 |
70.53% |
3,637,242 |
|
Notes:
1. Any proxy appointments which gave discretion to the Chairman have been included in the 'For' total.
2. Total number of ordinary shares in issue at 7 December 2016 was 791,674,183.
3. Total ordinary shares held by shareholders excluding the controlling shareholders at 7 December 2016 was 323,412,590.
4. A 'Vote Withheld' is not counted towards the votes cast 'For' or 'Against' a resolution.