Result of AGM

RNS Number : 0635R
Coca-Cola HBC AG
24 June 2015
 



 

FOR IMMEDIATE RELEASE          

 

Coca-Cola HBC AG

Results of Annual General Meeting of Coca-Cola HBC AG and election of
Olusola (Sola) David-Borha and Alexandra Papalexopoulou
as new Non-Executive Directors

 

 

Zug, Switzerland - 24 June 2015 -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 21 May 2015 were duly passed by the requisite majority of shareholders at its AGM held on Tuesday 23 June 2015. 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 http://www.morningstar.co.uk/uk/NSMand on Coca-Cola HBC's website at www.coca‑colahellenic.com

 

As part of the AGM, Coca-Cola HBC's shareholders elected Mrs. Olusola (Sola) David-Borha and Mrs. Alexandra Papalexopoulou as non-executive directors to succeed Mrs. Susan Kilsby and Mr. Christos Ioannou who retired from the Board as of the AGM. Biographies of the new non-executive directors can be found at www.coca‑colahellenic.com. In addition, the AGM approved amendments to the articles of association of Coca-Cola HBC in order to replace the current stock option plan with performance share awards. Furthermore, the AGM adopted a proposal for share buy-back programme of up to three million (3,000,000) ordinary shares of Coca-Cola HBC for the purpose of neutralizing the dilution resulting from past and future issuances of shares under Coca-Cola HBC's equity compensation plans. The AGM also approved a dividend of EUR 0.36 per share out of capital contribution reserves. The full amount of EUR 0.36 per share will be paid on 28 July 2015 to holders of ordinary shares on the record date of 3 July 2015. The shares are expected to be traded ex-dividend as of 2 July 2015, in which case the last day on which the shares may be traded with the entitlement to receive dividends will be 1 July 2015.



Final ballot results

Proposal

Votes For

%
(1)

Votes Against

%
(1)

Abstentions cast

%
(1)

Total votes cast

Votes not cast(2)

Voting rights represented (%)(3)

1.

Receipt of the 2014 Integrated Annual Report, as well as approval of the annual management report, the stand-alone financial statements and the consolidated financial statements

268,340,556

99.91%

24,202

0.01%

223,252

0.08%

268,588,010

0

73.71%

2.1.

 

Appropriation of available earnings

268,364,759

99.92%

0

0.00%

223,251

0.08%

268,588,010

0

73.71%

2.2.

Declaration of a dividend

268,364,589

99.92%

150

0.00%

223,271

0.08%

268,588,010

0

73.71%

3.

Discharge of the members of the Board of Directors and the members of the Operating Committee

268,250,693

99.88%

111,085

0.04%

226,232

0.08%

268,588,010

0

73.71%

4.

Approval of share buy-back

268,364,664

99.92%

0

0.00%

223,346

0.08%

268,588,010

0

73.71%

5.1.

Amendment of Articles of Association

259,845,549

96.75%

8,516,985

3.17%

225,476

0.08%

268,588,010

0

73.71%

5.2.

Authorisation to adopt the amendment of the Stock Option Plan

258,780,742

96.35%

9,176,353

3.42%

630,915

0.23%

268,588,010

0

73.71%

6.

Advisory vote on the UK Remuneration Report (including the remuneration policy) and the Swiss Remuneration Report

213,911,712

79.64%

46,089,032

17.16%

8,587,266

3.20%

268,588,010

0

73.71%

7.1.1.

Re-election of George A. David as a member of the Board of Directors and election as the Chairman of the Board of Directors (in a single vote)

267,157,987

99.47%

1,208,157

0.45%

221,866

0.08%

268,588,010

0

73.71%

7.1.2.

Re-election of Antonio D'Amato as a member of the Board of Directors and election as a member of the Remuneration Committee (in a single vote)

266,039,861

99.05%

2,324,828

0.87%

223,321

0.08%

268,588,010

0

73.71%

7.1.3.

Re-election of Sir Michael Llewellyn-Smith as a member of the Board of Directors and election as a member of the Remuneration Committee (in a single vote)

265,753,881

98.95%

2,609,508

0.97%

224,621

0.08%

268,588,010

0

73.71%

7.1.4.

Re-election of Dimitris Lois as a member of the Board of Directors

268,064,526

99.81%

300,363

0.11%

223,121

0.08%

268,588,010

0

73.71%

7.1.5.

Re-election of Anastassis G. David as a member of the Board of Directors

265,596,721

98.89%

2,534,462

0.94%

456,827

0.17%

268,588,010

0

73.71%

7.1.6.

Re-election of Irial Finan as a member of the Board of Directors

265,971,276

99.03%

2,159,707

0.80%

457,027

0.17%

268,588,010

0

73.71%

7.1.7.

Re-election of Nigel Macdonald as a member of the Board of Directors

267,001,602

99.41%

1,361,787

0.51%

224,621

0.08%

268,588,010

0

73.71%

7.1.8.

Re-election of Anastasios I. Leventis as a member of the Board of Directors

266,290,642

99.14%

1,840,491

0.69%

456,877

0.17%

268,588,010

0

73.71%

7.1.9.

Re-election of Christo Leventis as a member of the Board of Directors

266,290,702

99.14%

1,840,491

0.69%

456,817

0.17%

268,588,010

0

73.71%

7.1.10.

Re-election of José Octavio Reyes as a member of the Board of Directors

260,575,058

97.02%

7,555,925

2.81%

457,027

0.17%

268,588,010

0

73.71%

7.1.11.

Re-election of John P. Sechi as a member of the Board of Directors

266,816,587

99.34%

1,546,697

0.58%

224,726

0.08%

268,588,010

0

73.71%

7.2.1.

Election of Olusola (Sola) David-Borha as a member of the Board of Directors

268,326,080

99.91%

37,204

0.01%

224,726

0.08%

268,588,010

0

73.71%

7.2.2.

Election of Alexandra Papalexopoulou as a member of the Board of Directors and as a member of the Remuneration Committee (in a single vote)

268,303,157

99.90%

60,492

0.02%

224,361

0.08%

268,588,010

0

73.71%

8.

Election of the independent proxy

268,363,589

99.92%

0

0.00%

224,421

0.08%

268,588,010

0

73.71%

9.1.

Re-election of the statutory auditor

267,572,206

99.63%

791,443

0.29%

224,361

0.08%

268,588,010

0

73.71%

9.2.

Advisory vote on re-appointment of the independent registered public accounting firm for UK purposes

268,321,596

99.90%

41,798

0.02%

224,616

0.08%

268,588,010

0

73.71%

9.3.

Re-election of the audit expert for audits of capital increases

268,323,001

99.90%

41,798

0.02%

223,211

0.08%

268,588,010

0

73.71%

10.1.

Approval of the maximum aggregate amount of the remuneration for the Board of Directors until the next annual general meeting

268,362,579

99.92%

1,510

0.00%

223,921

0.08%

268,588,010

0

73.71%

10.2.

Approval of the maximum aggregate amount of the remuneration for the Operating Committee for the next financial year

267,386,311

99.56%

60,629

0.02%

1,141,070

0.42%

268,588,010

0

73.71%

(1)     Percentages refer to applicable majority. Proposals 1-4 and 5.2-9 require approval by an absolute majority of the votes validly cast. Proposal 5.1 requires approval by a majority of two-thirds of the voting rights represented and an absolute majority of the nominal value of shares represented. Proposal 10 requires approval by a relative majority of the votes validly cast (still, percentages are indicated based on all votes validly cast).

(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 367,838,247 ordinary shares, of which 14,925 ordinary shares are held by Coca-Cola HBC AG and 3,430,135 shares are held by its subsidiary, Coca-Cola Hellenic Bottling Company S.A., in treasury. Accordingly, the total number of outstanding voting rights in Coca-Cola HBC, whether exercisable or not, was 364,393,187.

 

 

 

Enquiries

 

Coca‑Cola HBC Group

Basak Kotler

Investor Relations Director

                                                            Tel: +41 41 726 0143

 basak.kotler@cchellenic.com

Eri Tziveli

Investor Relations Manager

Tel: +30 210 618 3133

 eri.tziveli@cchellenic.com

 

Nikos Efstathopoulos

Investor Relations Manager

Tel: +30 210 618 3260

 Nikos.efstathopoulos@cchellenic.com

 

International media contact:

StockWell Communications

Rob Morgan

Ben Ullmann

Anushka Mathew

Tel: +44 20 7240 2486

 robert.morgan@stockwellgroup.com

 ben.ullmann@stockwellgroup.com

 anushka.mathew@stockwellgroup.com

 

Greek media contact:

V+O Communications

Argyro Oikonomou

Tel: +30 211 7501219

 ao@vando.gr

 

About Coca‑Cola HBC

Coca-Cola HBC is the second-largest bottler of the brands of The Coca-Cola Company in terms of volume with sales of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of approximately 590 million people. Coca-Cola HBC offers a diverse range of non-alcoholic ready to drink beverages in the sparkling, juice, water, sport, energy, 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 has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). Coca-Cola HBC is included in the Dow Jones Sustainability and FTSE4Good Indexes. For more information, please visit http://www.coca-colahellenic.com.

 


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