Result of AGM

RNS Number : 1575D

Tesco PLC

25 June 2021

 

Tesco PLC

25 June 2021

Tesco PLC - Results of AGM

Tesco PLC held its Annual General Meeting on Friday 25 June 2021 at 09:30 a.m.  All resolutions proposed were passed by shareholders. A poll was held on each of the resolutions proposed.  The results of the polls are as follows:

 

		VOTES FOR	%	VOTES AGAINST	%	TOTAL VOTES VALIDLY CAST	% ISSUED SHARE CAPITAL	VOTES WITHHELD
1	To receive the report and accounts	5,718,078,273	99.99	362,820	0.01	5,718,441,093	73.96%	4,294,167
2	To approve the Directors' remuneration report	5,250,207,462	91.79	469,446,306	8.21	5,719,653,768	73.98%	3,067,693
3	To approve the Directors' remuneration policy	5,358,987,236	93.68	361,295,389	6.32	5,720,282,625	73.98%	2,438,603
4	To declare a final dividend	5,714,439,101	99.87	7,239,737	0.13	5,721,678,838	74.00%	1,047,445
5	To re-elect John Allan as a Director	5,459,017,678	95.77	241,348,657	4.23	5,700,366,335	73.73%	22,350,217
6	To re-elect Melissa Bethell as a Director	5,702,835,947	99.69	17,925,742	0.31	5,720,761,689	73.99%	1,954,961
7	To re-elect Stewart Gilliland as a Director	5,680,563,371	99.30	40,113,349	0.70	5,720,676,720	73.99%	2,039,611
8	To re-elect Steve Golsby as a Director	5,492,816,206	96.02	227,873,098	3.98	5,720,689,304	73.99%	2,027,163
9	To re-elect Byron Grote as a Director	5,341,467,314	93.37	379,230,604	6.63	5,720,697,918	73.99%	2,018,230
10	To re-elect Ken Murphy as a Director	5,719,479,305	99.98	1,292,417	0.02	5,720,771,722	73.99%	1,947,106
11	To re-elect Simon Patterson as a Director	5,708,724,610	99.79	11,990,781	0.21	5,720,715,391	73.99%	1,998,493
12	To re-elect Alison Platt as a Director	5,682,501,280	99.33	38,241,683	0.67	5,720,742,963	73.99%	1,973,283
13	To re-elect Lindsey Pownall as a Director	5,708,685,046	99.79	12,062,656	0.21	5,720,747,702	73.99%	1,968,841
14	To elect Bertrand Bodson as a Director	5,676,140,958	99.22	44,502,305	0.78	5,720,643,263	73.99%	2,072,591
15	To elect Thierry Garnier as a Director	5,716,111,776	99.92	4,474,852	0.08	5,720,586,628	73.99%	2,129,310
16	To elect Imran Nawaz as a Director	5,711,057,736	99.83	9,475,295	0.17	5,720,533,031	73.99%	2,183,118
17	To elect Karen Whitworth as a Director	5,719,315,129	99.98	1,325,445	0.02	5,720,640,574	73.99%	2,074,590
18	To reappoint the auditors	5,649,835,870	99.98	1,206,994	0.02	5,651,042,864	73.09%	71,655,751
19	To authorise the Audit Committee to determine the auditors' remuneration	5,719,691,036	99.98	1,308,796	0.02	5,720,999,832	73.99%	1,720,004
20	To authorise the Directors to allot shares	5,173,999,259	90.43	547,653,871	9.57	5,721,653,130	74.00%	1,070,029
21	To authorise the Directors to disapply pre-emption rights*	5,413,549,800	94.69	303,405,995	5.31	5,716,955,795	73.94%	5,767,837
22	To authorise the Directors to disapply pre-emption rights for acquisitions and other capital investment*	5,206,784,937	91.08	510,100,623	8.92	5,716,885,560	73.94%	5,864,677
23	To authorise the Company to purchase its own shares*	5,628,121,056	98.60	80,076,321	1.40	5,708,197,377	73.83%	14,527,568
24	To authorise political donations by the Company and its subsidiaries	5,551,286,327	97.03	170,102,367	2.97	5,721,388,694	74.00%	2,331,379
25	To authorise a 14 day notice period for general meetings*	5,377,481,001	93.99	343,676,100	6.01	5,721,157,101	74.00%	1,565,930
26	To approve the Long-Term Incentive Plan 2021	5,362,716,632	93.74	358,313,883	6.26	5,721,030,515	73.99%	1,695,737
27	To approve the Savings-Related Share Option Scheme (2021)	5,682,432,673	99.32	38,933,273	0.68	5,721,365,946	74.00%	1,347,269
28	To adopt the new articles of association*	5,675,860,835	99.23	43,872,936	0.77	5,719,733,771	73.98%	2,989,642

*Special resolutions

Notes

Results of the poll can also be viewed on the Company's website: https://www.tescoplc.com/investors/shareholder-centre/shareholder-meetings/  

Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' and 'against' a resolution.

The total number of ordinary shares in issue on 23 June 2021 at 6.30pm was 7,731,707,820. Shareholders are entitled to one vote per share. 

In accordance with Listing Rule 9.6.2 copies of the resolutions (other than those relating to ordinary business) will be submitted to the FCA National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Enquiries: 

Group Company Secretary  Robert Welch  [phone]

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

LEI Number: 2138002P5RNKC5W2JZ46

 

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