Result of AGM

RNS Number : 1359Q

Coca-Cola HBC AG

16 June 2020

 

FOR IMMEDIATE RELEASE

Coca-Cola HBC AG

Results of Annual General Meeting of Coca-Cola HBC AG and election of Ms. Anna Diamantopoulou as a new Member of the Board of Directors

Zug, Switzerland - 16 June 2020 - 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 14 May 2020 were duly passed by the requisite majority of shareholders at its AGM held today, 16 June 2020. 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  https://data.fca.org.uk/#/nsm/nationalstoragemechanism   and on Coca-Cola HBC's website at www.coca-colahellenic.com

Coca-Cola HBC's shareholders elected Ms. Anna Diamantopoulou as a new member of the Board. Her biography can be found at www.coca-colahellenic.com

The AGM approved a dividend of EUR 0.62 per share ("Dividend") out of the general capital contribution reserve, capped at an amount of CHF 300,000,000. Payment of the full amount of the Dividend will be made on 28 July 2020 to holders of ordinary shares on the record date of 3 July 2020. The shares are expected to be traded ex-dividend as of 2 July 2020, in which case the last day on which the shares may be traded with the entitlement to receive dividends will be 1 July 2020. In addition, the AGM approved a share buy back of up to up to 10,000,000 ordinary shares of CHF 6.70.

Final Ballot Results

Proposal		Votes for	% (1)	Votes Against	% (1)	Abs- tentions Cast	% (1)	Total Votes Cast	Votes not cast ( 2 )	Voting Rights Repre- sented % ( 3 )
1 .	Receipt of the 2019 Integrated Annual Report, as well as approval of the annual management report, the stand-alone financial statements and the consolidated financial statements	268113726	99.91 %	9374	0.01 %	207013	0.08 %	268330113	0	73.70 %
2.1 .	Appropriation of available earnings	267914411	99.84 %	342319	0.13 %	73383	0.03 %	268330113	0	73.70 %
2.2 .	Declaration of dividends from reserves	267869664	99.83 %	342419	0.13 %	118030	0.04 %	268330113	0	73.70 %
3 .	Discharge of the members of the Board of Directors and the members of the Operating Committee	267291138	99.61 %	773201	0.29 %	265774	0.10 %	268330113	0	73.70 %
4.1.1 .	Re-election of Anastassis G. David as a member of the Board of Directors and as the Chairman of the Board of Directors	253318388	94.41 %	13100559	4.88 %	1911166	0.71 %	268330113	0	73.70 %

 

4.1.2.	Re-election of Zoran Bogdanovic as a member of the Board of Directors	265654637	99.00%	2600593	0.97%	74883	0.03%	268330113	0	73.70%
4.1.3.	Re-election of Charlotte J. Boyle as a member of the Board of Directors and as a member of the Remuneration Committee	266641168	99.37%	1613126	0.60%	75819	0.03%	268330113	0	73.70%
4.1.4.	Re-election of Reto Francioni as a member of the Board of Directors and as a member of the Remuneration Committee	261089665	97.30%	7164629	2.67%	75819	0.03%	268330113	0	73.70%
4.1.5.	Re-election of Olusola  David-Borha as a member of the Board of Directors	267615601	99.73%	639629	0.24%	74883	0.03%	268330113	0	73.70%
4.1.6.	Re-election of William W. Douglas III as a member of the Board of Directors	264913584	98.72%	3340710	1.25%	75819	0.03%	268330113	0	73.70%
4.1.7.	Re-election of Anastasios I. Leventis as a member of the Board of Directors	260883393	97.22%	7373337	2.75%	73383	0.03%	268330113	0	73.70%
4.1.8.	Re-election of Christodoulos Leventis as a member of the Board of Directors	260931101	97.24%	7325629	2.73%	73383	0.03%	268330113	0	73.70%
4.1.9.	Re-election of Alexandra Papalexopoulou as a member of the Board of Directors	266221934	99.21%	2034796	0.76%	73383	0.03%	268330113	0	73.70%
4.1.10.	Re-election of José Octavio Reyes as a member of the Board of Directors	260928288	97.24%	7186935	2.68%	214890	0.08%	268330113	0	73.70%
4.1.11.	Re-election of Alfredo Rivera as a member of the Board of Directors	259175697	96.59%	8934059	3.33%	220357	0.08%	268330113	0	73.70%
4.1.12.	Re-election of Ryan Rudolph as a member of the Board of Directors	260754467	97.17%	7499827	2.80%	75819	0.03%	268330113	0	73.70%
4.2.	Election of Anna Diamantopoulou as a new member of the Board of Directors and as a new member of the Remuneration Committee	267859645	99.82%	394439	0.15%	76029	0.03%	268330113	0	73.70%
5.	Election of the independent proxy	266385199	99.27%	1870331	0.70%	74583	0.03%	268330113	0	73.70%
6.1.	Re-election of the statutory auditor	264612676	98.62%	3597857	1.34%	119580	0.04%	268330113	0	73.70%
6.2.	Advisory vote on re-appointment of the independent registered public accounting firm for UK purposes	266544842	99.33%	1708237	0.64%	77034	0.03%	268330113	0	73.70%
7.	Advisory vote on the UK Remuneration Report	261130154	97.32%	5744287	2.14%	1455672	0.54%	268330113	0	73.70%
8.	Advisory vote on the Remuneration Policy	251002866	93.54%	17250378	6.43%	76869	0.03%	268330113	0	73.70%
9.	Advisory vote on the Swiss Remuneration Report	261453104	97.44%	6799039	2.53%	77970	0.03%	268330113	0	73.70%
10.1.	Approval of the maximum aggregate amount of remuneration for the Board of Directors until the next annual general meeting	267895965	99.87%	347298	0.13%	86850	n.a.	268243263	0	73.70%
10.2.	Approval of the maximum aggregate amount of remuneration for the Operating Committee for the next financial year	265205431	99.38%	1660130	0.62%	1464552	n.a.	266865561	0	73.70%
11.	Approval of share buy-back	265309621	98.88%	2933228	1.09%	87264	0.03%	268330113	0	73.70%

(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 an absolute majority of the votes validly cast (including consenting and dissenting votes and abstentions).

(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 370'251'684 ordinary shares, of which 2'759'280 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 364'062'269.

Enquiries

Coca‑Cola HBC Group

Investors and Analysts:
Joanna Kennedy Investor Relations Director			Tel: [phone]  [e-mail]
Carla Fabiano Investor Relations Manager			Tel: [phone] [e-mail]
Media:
	David Hart Group Communication Director			Tel: [phone]  [e-mail]
	International media contact: Teneo Rob Morgan Tom Davies	Tel: [phone] [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 2019 revenue in excess of €7 billion. It has a broad geographic footprint with operations in 28 countries serving a population of more than 600 million people. Coca-Cola HBC offers a diverse range of primarily non-alcoholic ready-to-drink beverages in the sparkling, juice, water, sport, energy, plant based beverages and ready-to-drink 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 among the top sustainability performers in ESG benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI ESG and FTSE4Good, among others.

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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