Results of AGM

RNS Number : 8046E

Sainsbury(J) PLC

09 July 2021

 

9 July 2021

J Sainsbury plc

(the Company)

Results of AGM

Following the Annual General Meeting held today, J Sainsbury plc announces the results of the poll vote for each resolution as follows:

		Votes For	% of Votes Cast	Votes Against	% of Votes Cast	Votes cast	Votes cast as a % of ISC	Votes Withheld1
1	To receive and adopt the Company's audited Annual Report and Financial Statements for the 52 weeks to 6 March 2021, together with the Reports of the Directors and auditor	1,792,422,819	99.99	142,296	0.01	1,792,565,115	80.02%	8,944,260
2	To approve the Annual Report on Remuneration	1,451,672,088	80.61	349,101,055	19.39	1,800,773,143	80.38%	733,825
3	To declare a final dividend of 7.4 pence per ordinary share in respect of the 52 weeks to 6 March 2021	1,797,419,784	99.80	3,573,775	0.20	1,800,993,559	80.39%	515,816
4	To elect Adrian Hennah as a Director	1,797,770,567	99.83	3,116,210	0.17	1,800,886,777	80.39%	619,022
5	To re-elect Brian Cassin as a Director	1,797,341,403	99.80	3,545,195	0.20	1,800,886,598	80.39%	616,737
6	To re-elect Jo Harlow as a Director	1,664,857,363	92.85	128,118,346	7.15	1,792,975,709	80.03%	8,533,623
7	To re-elect Tanuj Kapilashrami as a Director	1,703,064,813	94.57	97,825,131	5.43	1,800,889,944	80.39%	619,359
8	To re-elect Kevin O'Byrne as a Director	1,798,075,536	99.84	2,830,807	0.16	1,800,906,343	80.39%	602,989
9	To re-elect Dame Susan Rice as a Director	1,702,215,836	94.52	98,700,708	5.48	1,800,916,544	80.39%	592,691
10	To re-elect Simon Roberts as a Director	1,799,611,954	99.93	1,298,824	0.07	1,800,910,778	80.39%	599,464
11	To re-elect Martin Scicluna as a Director	1,786,903,975	99.22	14,000,514	0.78	1,800,904,489	80.39%	604,814
12	To re-elect Keith Weed as a Director	1,797,374,726	99.80	3,526,952	0.20	1,800,901,678	80.39%	607,654
13	To re-appoint Ernst & Young LLP as auditor	1,792,590,257	99.54	8,263,153	0.46	1,800,853,410	80.39%	655,922
14	To authorise the Audit Committee to determine the auditor's remuneration	1,800,421,015	99.98	292,339	0.02	1,800,713,354	80.38%	641,128
15	To authorise the Directors to allot shares	1,725,751,861	95.82	75,210,747	4.18	1,800,962,608	80.39%	546,767
16	Authority to disapply pre-emption rights without restriction as to use (Special Resolution)	1,793,827,993	99.61	7,019,961	0.39	1,800,847,954	80.38%	661,378
17	Authority to disapply pre-emption rights for acquisitions or specified capital investments (Special Resolution)	1,705,893,367	94.73	94,970,720	5.27	1,800,864,087	80.39%	645,245
18	To authorise the Company to make 'political donations' and incur 'political expenditure'	1,450,814,960	99.51	7,120,131	0.49	1,457,935,091	65.08%	343,574,284
19	To authorise the Company to purchase its own shares (Special Resolution)	1,782,093,129	99.19	14,549,901	0.81	1,796,643,030	80.20%	4,863,367
20	To authorise the Directors to operate the J Sainsbury 1980 Savings-Related Share Option Scheme (Sharesave)	1,799,074,459	99.89	1,918,064	0.11	1,800,992,523	80.39%	517,236
21	To authorise the Company to call a general meeting on not less than 14 clear days' notice (Special Resolution)	1,667,836,981	92.61	133,112,773	7.39	1,800,949,754	80.39%	560,005

¹ A vote withheld is not a vote under English law and is therefore not included in the calculation of votes for and against a resolution.

The Board was pleased to see all resolutions approved by shareholders. Although Resolution 2 in respect of the Directors' Remuneration Report received the support of the majority of our shareholders, the Board notes that a minority were unsupportive of this resolution. The Remuneration Committee regularly consults with our major shareholders in order to understand their views on key decisions, and we will continue this dialogue in future years.

The total number of voting rights as at 7 July 2021 was  2,240,281,539 shares of 28⁴/₇ pence.

In accordance with Listing Rule 9.6.2, copies of the resolutions that do not constitute ordinary business at an annual general meeting have been submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

A copy of the voting results shown above will also be made available on the Company's website at https://www.about.sainsburys.co.uk/investors/shareholder-information/agm.

Investor Relations Enquiries	Media Enquiries
James Collins	Rebecca Reilly
[phone]	[phone]

 

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