Result of AGM

RNS Number : 0354E

Ocado Group PLC

24 May 2012

 



RESULT OF AGM

OCADO GROUP PLC

24 May 2012

Ocado Group plc

Annual General Meeting 2012 Results

The Annual General Meeting of Ocado Group plc (the "Company") was held at One Bunhill Row, London, EC1Y 8YY on Wednesday, 23 May 2012 at 11.00am.

All resolutions were decided on a poll and all resolutions proposed at the Annual General Meeting were passed by shareholders. The full text of each resolution is contained in the notice of Annual General Meeting, which is available on the Company's website www.ocadogroup.com (with each resolution number below corresponding to the resolution number in the notice).

The number of votes for and against each of the resolutions put before the Annual General Meeting and the number of votes withheld were as follows:

Resolutions		For		Against		Total Votes	Votes Withheld
		Votes	%	Votes	%
Ordinary Resolutions
1	To receive the Annual Report and Accounts	346,402,008	99.88	408,489	0.12	346,810,497	8,359,066
2	To approve the Remuneration Report	338,085,907	97.60	8,316,258	2.40	346,402,165	8,767,398
3	To re-appoint Lord Grade of Yarmouth	345,975,547	99.76	834,951	0.24	346,810,498	8,359,066
4	To re-appoint David Grigson	344,988,519	99.59	1,413,646	0.41	346,402,165	8,767,398
5	To re-appoint Tim Steiner	344,875,334	99.44	1,935,164	0.56	346,810,498	8,359,066
6	To re-appoint Jason Gissing	344,858,934	99.44	1,951,564	0.56	346,810,498	8,359,066
7	To re-appoint Neill Abrams	344,307,771	99.44	1,929,301	0.56	346,237,072	8,932,492
8	To re-appoint Mark Richardson	344,859,687	99.44	1,950,811	0.56	346,810,498	8,359,066
9	To re-appoint Jörn Rausing	343,645,018	99.09	3,165,479	0.91	346,810,497	8,359,066
10	To re-appoint Robert Gorrie	331,312,211	95.53	15,498,286	4.47	346,810,497	8,359,066
11	To re-appoint Ruth Anderson	346,437,779	99.89	372,719	0.11	346,810,498	8,359,066
12	To re-appoint Douglas McCallum	346,437,779	99.89	372,719	0.11	346,810,498	8,359,066
13	To re-appoint Wendy Becker	346,415,516	99.89	394,982	0.11	346,810,498	8,359,066
14	To re-appoint PricewaterhouseCoopers LLP as auditors	346,348,266	99.87	462,232	0.13	346,810,498	8,359,066
15	To authorise the Directors to determine the auditors' remuneration	346,810,498	100.00	0	0.00	346,810,498	8,359,066
16	Authority for political donations and political expenditure	344,600,342	99.61	1,337,728	0.39	345,938,070	9,231,493
17	Authority to allot shares	327,407,419	94.53	18,962,367	5.47	346,369,786	8,799,777
Special Resolutions
18	Authority to disapply pre-emption rights	346,801,798	100.00	8,700	0.00	346,810,498	8,359,066
19	Authority to purchase own shares	346,733,708	99.99	23,210	0.01	346,756,918	8,412,646
20	Notice of general meetings	332,988,424	96.01	13,822,074	3.99	346,810,498	8,359,066

Notes:

(i)         Votes 'withheld' are not votes under English law and so have not been included in the calculation of whether a resolution is carried. Percentages have been rounded to two decimal places.

(ii)         As at 6.00pm on 23 May 2012, the Company's issued share capital was 558,739,274 ordinary shares of 2p each. Of these issued ordinary shares, 36,305,099 are held by Greenwood Nominees Limited on behalf of Appleby Trust (Jersey) Limited, the independent company which is the trustee of Ocado's employee benefit trust (the "EBT Trustee"). The EBT Trustee has waived its right to exercise its voting rights and to receive dividends in respect of these 36,305,099 ordinary shares, although it may vote in respect of 15,914,000 ordinary shares which have vested under the joint share ownership scheme and remain in the trust, at the request of a participant. Excluding the 36,305,099 ordinary shares held by the EBT Trustee, Ocado has shares in issue with aggregate voting rights of 522,434,175.

(iii)        This announcement is made pursuant to the requirements of Listing Rules 9.6.2 and 9.6.18. In accordance with Listing Rule 9.6.2, a copy of resolutions 16 to 20 (as set out in the notice of Annual General Meeting), being the resolutions passed at the Annual General Meeting not concerning ordinary business, has been submitted today to the Financial Services Authority's national storage mechanism. This document will be available for viewing at http://www.morningstar.co.uk/uk/NSM.

A copy of the Annual General Meeting results will be available on Ocado's website: www.ocadogroup.com.

For further information please contact:

Company Secretary

Ocado Group plc

Titan Court

3 Bishops Square

Hatfield Business Park

Hatfield, Hertfordshire, AL10 9NE

Fax: [phone]

Email: [e-mail]

 

END

 

 

RAGPGUGPAUPPGUC