Result of AGM

RNS Number : 9366B

Coca-Cola HBC AG

22 June 2016

 

FOR IMMEDIATE RELEASE          

Coca-Cola HBC AG

Results of Annual General Meeting of Coca-Cola HBC AG and election of
Ahmet C. Bozer, William W. Douglas III, Reto Francioni and Robert Ryan Rudolph
as new Non-Executive Directors

Zug, Switzerland - 22 June 2016 - 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 19 May 2016 were duly passed by the requisite majority of shareholders at its AGM held on Tuesday 21 June 2016. 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/NSM and on Coca-Cola HBC's website at  www.coca-colahellenic.com

Following the retirement of Messrs. George A. David, Irial Finan, Sir Michael Llewellyn Smith and Nigel Macdonald from the Board as of the end of the AGM,  Coca-Cola HBC's shareholders elected Messrs. Ahmet C. Bozer, William W. Douglas III, Reto Francioni and Robert Ryan Rudolph as non-executive directors. Biographies of the new non-executive directors can be found at www.coca-colahellenic.com 

In addition, the AGM adopted a proposal for a reduction of the share capital of Coca-Cola HBC AG by CHF 20,100,000 from CHF 2,466,546,689.90 to CHF 2,446,446,689.90 by cancelling 3,000,000 treasury shares and, upon completion of the reduction of share capital, the approval of amendmments to the articles of association of Coca-Cola HBC to reflect the reduction of capital. The AGM also approved a dividend of EUR 0.40 per share to be paid out of the general capital contribution reserves. The full amount of EUR 0.40 per share will be paid on 26 July 2016 to holders of ordinary shares on the record date of 1 July 2016. The shares are expected to be traded ex-dividend as of 30 June 2016, in which case the last day on which the shares may be traded with the entitlement to receive dividends will be 29 June 2016.

 

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 2015 integrated annual report, as well as approval of the annual management report, the stand-alone financial statements and the consolidated financial statements	255925242	99.95%	270	0.01%	114420	0.04%	256039932	0	70.78%
2.1	Appropriation of available earnings	255933727	99.96%	0	0.00%	106205	0.04%	256039932	0	70.78%
2.2	Declaration of a dividend from reserves	255933617	99.95%	110	0.01%	106205	0.04%	256039932	0	70.78%
3.	Discharge of the members of the Board of Directors and the members of the Operating Committee	255228112	99.73%	314374	0.12%	388415	0.15%	255930901	0	70.75%
4.1.1	Re-election of Anastassis G. David as a member of the Board of Directors and election as the Chairman of the Board of Directors (in a single vote)	253492004	99.01%	2203209	0.86%	344719	0.13%	256039932	0	70.78%
4.1.2	Re-election of Antonio D'Amato as a member of the Board of Directors and as a member of the Remuneration Committee (in a single vote)	249356038	97.39%	6577679	2.57%	106215	0.04%	256039932	0	70.78%
4.1.3	Re-election of Alexandra Papalexopoulou as a member of the Board of Directors and as a member of the Remuneration Committee (in a single vote)	250170221	97.71%	5763621	2.25%	106090	0.04%	256039932	0	70.78%
4.1.4	Re-election of Olusola (Sola) David-Borha as a member of the Board of Directors	255858826	99.93%	74911	0.03%	106195	0.04%	256039932	0	70.78%
4.1.5	Re-election of Anastasios I. Leventis as a member of the Board of Directors	253450089	98.99%	2483678	0.97%	106165	0.04%	256039932	0	70.78%
4.1.6	Re-election of Christodoulos Leventis as a member of the Board of Di-rectors	248350949	97.00%	7582798	2.96%	106185	0.04%	256039932	0	70.78%
4.1.7	Re-election of Dimitris Lois as a member of the Board of Directors	254495184	99.40%	1438583	0.56%	106165	0.04%	256039932	0	70.78%
4.1.8	Re-election of José Octavio Reyes as a member of the Board of Directors	253487764	99.00%	2445983	0.96%	106185	0.04%	256039932	0	70.78%
4.1.9	Re-election of John P. Sechi as a member of the Board of Directors	253548018	99.03%	2385729	0.93%	106185	0.04%	256039932	0	70.78%
4.2.1	Election of Ahmet C. Bozer as a member of the Board of Directors	253487549	99.00%	2446168	0.96%	106215	0.04%	256039932	0	70.78%
4.2.2	Election of William W. Douglas III as a member of the Board of Directors	253548113	99.03%	2385604	0.93%	106215	0.04%	256039932	0	70.78%
4.2.3	Election of Reto Francioni as a member of the Board of Directors and as a member of the Remuneration Committee (in a single vote)	255649969	99.85%	283778	0.11%	106185	0.04%	256039932	0	70.78%
4.2.4	Election of Robert Ryan Rudolph as a member of the Board of Directors	248297155	96.98%	7636592	2.98%	106185	0.04%	256039932	0	70.78%
5.	Election of the independent proxy	255932822	99.95%	20	0.01%	107090	0.04%	256039932	0	70.78%
6.1	Re-election of the statutory auditor	255596906	99.83%	316205	0.12%	126821	0.05%	256039932	0	70.78%
6.2	Advisory vote on re-appointment of the independent registered public accounting firm for UK purposes	255203014	99.68%	316185	0.12%	520733	0.20%	256039932	0	70.78%
7.	Advisory vote on the UK remuneration report	236914616	92.53%	18941964	7.40%	183352	0.07%	256039932	0	70.78%
8.	Advisory vote on the Swiss remuneration report	236911005	92.53%	18945575	7.40%	183352	0.07%	256039932	0	70.78%
9.	Advisory vote on the remuneration policy	249613374	97.49%	6316658	2.47%	109900	0.04%	256039932	0	70.78%
10.1	Approval of the maximum aggregate amount of remuneration for the Board of Directors until the next annual general meeting	255053386	99.66%	876791	0.34%	109755	n.a.	255930177	0	70.78%
10.2	Approval of the maximum aggregate amount of remuneration for the Operating Committee for the next financial year	254456899	99.58%	1085639	0.42%	497394	n.a.	255542538	0	70.78%
11.	Approval of a share capital reduction by cancelling treasury shares	255933036	99.95%	266	0.01%	106630	0.04%	256039932	0	70.78%

(1)     Percentages refer to applicable majority. Proposals 1-9 require approval by an absolute majority of the votes validly cast (including consenting and dissenting votes and abstentions). Proposals 10.1 and 10.2 require approval by a relative majority of the votes validly cast (including consenting and dissenting votes without abstentions). Proposal 11 requires approval by a majority of two-thirds of the voting rights represented and an absolute majority of the nominal value of shares represented.

(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 368,207,464 ordinary shares of CHF 6.70, of which 3,014,925 ordinary shares are held by Coca-Cola HBC AG and 3,430,135 shares are held by its subsidiary,   COCA-COLA HBC SERVICES MEPE, in treasury. Accordingly, the total number of outstanding voting rights (whether exercisable or not) in Coca-Cola HBC AG was 361,762,404.

Enquiries

Enquiries

Coca‑Cola HBC Group Basak Kotler Investor Relations Director	Tel: [phone]  [e-mail]
Nikos Efstathopoulos Investor Relations Manager	Tel: [phone]  [e-mail]
Caroline Crampton Investor Relations Manager	[e-mail]
International media contact: Teneo Rob Morgan Ben Ullmann Anushka Mathew	Tel: [phone]  [e-mail]  [e-mail]  [e-mail]
Greek media contact: V+O Communications Argyro Oikonomou	Tel: [phone]  [e-mail]

About Coca‑Cola HBC

Coca-Cola HBC is a leading bottler of The Coca-Cola Company with a sales volume of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of approximately 594 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 is ranked beverage industry leader in the Dow Jones Sustainability World and Europe Indices, and is also included in the FTSE4Good Index.

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). For more information, please visit http://www.coca-colahellenic.com.

 

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