Result of AGM

RNS Number : 8405P

Bakkavor Group PLC

12 June 2020

 

12 June 2020

Bakkavor Group plc

(the 'Company')

2020 Annual General Meeting - Poll Results

The Company's 2020 Annual General Meeting (AGM) was held today at 10.00 am at Fitzroy Place, 8 Mortimer Street, London, W1T 3JJ.  All resolutions set out in the Notice of AGM dated 6 May 2020 and put to the meeting were decided on by a poll and were passed.

Resolutions 1 to 14 were each passed as an Ordinary Resolution (requiring a simple majority for them to be passed) and resolutions 15 to 18 were each passed as a Special Resolution (requiring at least a 75% majority for them to be passed).  The results for each resolution are set out below.

* Based on total issued share capital as at 12 June 2020 of 579,425,585 Ordinary shares.

	Resolution	Votes For	%	Votes Against	%	Total Votes Cast	% of ISC Voted *	Votes Withheld
1.	To receive the Annual Report and Accounts	559,428,692	99.85%	838,440	0.15%	560,267,132	96.69	423,771
2.	To approve the Directors' Remuneration Report	558,386,046	99.59%	2,304,233	0.41%	560,690,279	96.77	624
3.	To re-elect Simon Burke as a Director of the Company	556,977,889	99.48%	2,890,014	0.52%	559,867,903	96.62	823,000
4.	To re-elect Sue Clark as a Director of the Company	559,675,213	99.97%	182,690	0.03%	559,857,903	96.62	833,000
5.	To re-elect Patrick Cook as a Director of the Company	559,791,785	99.84%	899,118	0.16%	560,690,903	96.77	0
6.	To re-elect Peter Gates as a Director of the Company	560,627,633	99.99%	63,271	0.01%	560,690,904	96.77	0
7.	To re-elect Agust Gudmundsson as a Director of the Company	559,805,215	99.84%	885,688	0.16%	560,690,903	96.77	0
8.	To re-elect Lydur Gudmundsson as a Director of the Company	548,889,456	98.05%	10,891,986	1.95%	559,781,442	96.61	909,461
9.	To re-elect Denis Hennequin as a Director of the Company	560,631,492	99.99%	59,411	0.01%	560,690,903	96.77	0
10.	To re-elect Todd Krasnow as a Director of the Company	546,808,659	98.29%	9,516,657	1.71%	556,325,316	96.01	4,365,587
11.	To re-elect Jane Lodge as a Director of the Company	560,666,432	100.00%	14,005	0.00%	560,680,437	96.76	10,467
12.	To appoint PricewaterhouseCoopers LLP as Auditor of the Company	525,701,734	94.50%	30,613,582	5.50%	556,315,316	96.01	4,375,587
13.	To authorise the Audit Committee to determine the remuneration of the Auditor	560,655,542	100.00%	25,362	0.00%	560,680,904	96.76	10,000
14.	To authorise the Directors to allot shares	556,727,058	99.29%	3,953,846	0.71%	560,680,904	96.76	10,000
15.	To empower the Directors to disapply pre-emption rights	560,657,069	100.00%	23,368	0.00%	560,680,437	96.76	10,467
16.	To empower the Directors to disapply pre-emption rights for financing/refinancing particular acquisitions and other capital investments	556,024,354	99.17%	4,656,082	0.83%	560,680,436	96.76	10,467
17.	To authorise the Company to purchase its own shares	559,808,856	99.85%	848,804	0.15%	560,657,660	96.76	33,243
18.	To allow a general meeting to be called on 14 clear days' notice	559,744,894	99.83%	945,810	0.17%	560,690,704	96.77	200

** Based on independent voting capital of 151,385,647, being total issued share capital of 579,425,585 Ordinary shares as at 12 June 2020, but excluding shares held by the controlling shareholders.

Votes of Independent Shareholders on the resolutions concerning the re-election of the independent Non-Executive Directors
	Resolution	Votes For	%	Votes Against	%	Total Votes Cast	% of ISC Voted **	Votes Withheld
3.	To re-elect Simon Burke as a Director of the Company	128,937,951	97.81%	2,890,014	2.19%	131,827,965	87.08	823,000
4.	To re-elect Sue Clark as a Director of the Company	131,635,275	99.86%	182,690	0.14%	131,817,965	87.07	833,000
9.	To re-elect Denis Hennequin as a Director of the Company	132,591,554	99.96%	59,411	0.04%	132,650,965	87.62	0
10.	To re-elect Todd Krasnow as a Director of the Company	118,768,721	92.58%	9,516,657	7.42%	128,285,378	84.74	4,365,587
11.	To re-elect Jane Lodge as a Director of the Company	132,626,494	99.99%	14,005	0.01%	132,640,499	87.62	10,467

Notes:

a)  The votes "For" and "Against" are expressed as a percentage of the votes received.

b)  Proxy appointments which gave discretion to the Chairman of the Meeting have been included in the "For" total.

c)  The Company's issued share capital as at 12 June 2020 is 579,425,585 ordinary shares of 2 pence each.

d)  A "Vote Withheld" is not counted towards the votes cast "For" or "Against" a resolution.

e)  In accordance with Listing Rule 9.2.2E, Resolutions 3, 4, and 9-11 inclusive were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.

f)  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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

ENQUIRIES

Institutional investors and analysts:

Peter Gates, Chief Financial Officer

Sally Barrett-Jolley, Head of Corporate Affairs        [phone]

Media:

Tulchan Communications  [phone]

Will Smith

LEI number: 213800COL7AD54YU9949 

 

END

 

 

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