Result of AGM

RNS Number : 0660V
Premier Foods plc
18 July 2018
 

 

18 July 2018

Premier Foods plc (the "Company")

 

Result of Annual General Meeting 2018

 

Following the Annual General Meeting held earlier today, the Board of Premier Foods plc reports that the results of the poll are set out in the table below.

 

Keith Hamill, Chairman, said:

 

"A majority of shareholders who voted followed the Board's advice in supporting the re-election of Gavin Darby, CEO, to the Board of the company, and the Board appreciates their support."

 

"Over recent weeks we have had discussions with a substantial proportion of the major shareholders, which has included listening to the concerns expressed by those whose support we have still to earn.  The Board will give careful consideration to all shareholders' views. Discussions with shareholders will continue, including matters arising from voting at the AGM."

 

"The Board is committed to continuing its strategy of improving performance and reducing net debt, while working in parallel to identify other strategic opportunities to accelerate the Company's turnaround to create value for shareholders."

 

Resolution

For

%

Against

%

Total cast

% of ISC voted

Votes withheld*

1. To receive the 2017/18 annual report.

603,784,656

99.95

306,758

0.05

604,091,414

71.84%

52,191,131

2. To approve the Directors' Remuneration Report.

451,896,084

74.77

152,454,204

25.23

604,350,288

71.87%

51,932,255

3. To elect Keith Hamill as a director.

448,737,595

74.22

155,851,186

25.78

604,588,781

71.90%

51,693,764

4. To elect Shinji Honda as a director.

450,009,323

74.43

154,579,761

25.57

604,589,084

71.90%

51,693,461

5. To re-elect Gavin Darby as a director.

387,069,708

59.01

268,879,080

40.99

655,948,788

78.01%

335,915

6. To re-elect Richard Hodgson as a director.

455,225,800

75.29

149,395,142

24.71

604,620,942

71.90%

51,661,603

7. To re-elect Ian Krieger as a director.

452,118,103

74.78

152,462,113

25.22

604,580,216

71.90%

51,702,329

8. To re-elect Jennifer Laing as a director.

455,627,253

75.37

148,858,779

24.63

604,486,032

71.89%

51,796,671

9. To re-elect Alastair Murray as a director.

594,928,015

98.40

9,684,262

1.60

604,612,277

71.90%

51,663,268

10. To re-elect Pam Powell as a director.

455,773,017

75.38

148,839,738

24.62

604,612,755

71.90%

51,669,790

11. To re-appoint KPMG LLP as auditor.

457,039,677

75.66

147,003,858

24.34

604,043,535

71.84%

52,239,167

12. To approve the remuneration of the auditor.

456,864,998

75.60

147,417,133

24.40

604,282,131

71.86%

52,000,414

13. To approve the authority to make political donations.

456,824,958

75.60

147,444,874

24.40

604,269,832

71.86%

52,012,713

14. To approve the authority to allot shares.

411,647,787

68.11

192,710,560

31.89

604,358,347

71.87%

51,924,198

15. To renew the authority to disapply pre-emption rights.

414,413,795

68.58

189,860,746

31.42

604,274,541

71.86%

52,008,004

16. To renew the authority to disapply pre-emption rights for an acquisition or a specified capital investment.

413,988,694

68.52

190,211,381

31.48

604,200,075

71.85%

52,082,469

17. To approve the notice period for general meetings.

399,495,164

66.12

204,745,861

33.88

604,241,025

71.86%

52,041,520

 

*A vote withheld is not counted as a vote in law and therefore is not counted in the % of votes "for" or "against" a resolution.

The total number of shares in issue as at 16 July 2018 was 840,868,583 ordinary shares of 10p each.

 

In accordance with Listing Rule 9.6.2 copies of the resolutions in respect of the special business approved at the AGM will shortly be available for inspection on the UK Listing Authority's National Storage Mechanism at http://www.morningstar.co.uk/uk/NSM.

~ Ends ~

 

For further information, please contact:

 

Investors and analysts:


Alastair Murray, Chief Financial Officer

+44 (0) 1727 815 850

Richard Godden, Director of Investor Relations & Treasury

+44 (0) 1727 815 850

 

Media:

Maitland

+44 (0) 20 7379 5151

Neil Bennett


Clinton Manning


Joanna Davidson


 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
RAGRPMJTMBIBBLP
UK 100

Latest directors dealings