Result of AGM

Tesco PLC
14 June 2024
 

Tesco PLC

 

14 June 2024

 

Tesco PLC - Results of AGM

 

Tesco PLC held its Annual General Meeting on Friday 14 June 2024 at 11:30 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

5,024,716,360

99.99

680,883

0.01

5,025,397,243

72.29%

5,105,970

2

To approve the Directors' remuneration report

4,584,100,614

93.49

319,305,825

6.51

4,903,406,439

70.54%

127,096,428

3

To declare a final dividend

5,029,423,114

100.00

158,758

0.00

5,029,581,872

72.35%

921,341

4

To elect Dame Carolyn Fairbairn as a Director

5,028,360,609

99.99

728,705

0.01

5,029,089,314

72.35%

1,413,943

5

To elect Dr Gerry Murphy as a Director

4,953,938,201

98.50

75,196,781

1.50

5,029,134,982

72.35%

1,368,231

6

To re-elect Melissa Bethell as a Director

4,925,967,147

97.95

103,194,278

2.05

5,029,161,425

72.35%

1,341,788

7

To re-elect Bertrand Bodson as a Director

4,955,342,256

98.53

73,834,626

1.47

5,029,176,882

72.35%

1,326,331

8

To re-elect Thierry Garnier as a Director

4,941,415,789

98.26

87,738,903

1.74

5,029,154,692

72.35%

1,348,490

9

To re-elect Stewart Gilliland as a Director

4,888,164,155

97.19

141,522,449

2.81

5,029,686,604

72.35%

814,504

10

To re-elect Ken Murphy as a Director

5,026,515,922

99.94

3,261,573

0.06

5,029,777,495

72.36%

726,877

11

To re-elect Imran Nawaz as a Director

5,013,984,626

99.70

15,145,822

0.30

5,029,130,448

72.35%

1,372,762

12

To re-elect Alison Platt as a Director

4,874,110,032

96.92

154,957,080

3.08

5,029,067,112

72.35%

1,435,236

13

To re-elect Caroline Silver as a Director

4,943,771,253

98.30

85,408,515

1.70

5,029,179,768

72.35%

1,321,441

14

To re-elect Karen Whitworth as a Director

4,902,598,357

97.48

126,573,318

2.52

5,029,171,675

72.35%

1,331,538

15

To reappoint the auditor

4,967,699,581

99.85

7,680,789

0.15

4,975,380,370

71.57%

55,122,840

16

To authorise the Audit Committee to set the auditor's remuneration

5,022,759,890

99.87

6,428,126

0.13

5,029,188,016

72.35%

1,311,450

17

To authorise political donations by the Company and its subsidiaries

4,625,474,110

97.41

122,968,590

2.59

4,748,442,700

68.31%

282,060,292

18

To authorise the Directors to allot shares

4,531,082,338

91.07

444,279,014

8.93

4,975,361,352

71.57%

55,141,858

19

To authorise the Directors to disapply pre-emption rights*

4,529,051,400

90.06

499,917,330

9.94

5,028,968,730

72.34%

1,532,431

20

To authorise the Directors to disapply pre-emption rights for acquisitions and other capital investment*

4,417,129,198

87.92

607,057,983

12.08

5,024,187,181

72.28%

6,316,029

21

To authorise the Company to purchase its own shares*

4,966,296,884

98.79

60,729,963

1.21

5,027,026,847

72.32%

3,476,363

22

To authorise a 14 day notice period for general meetings*

4,709,089,737

93.66

318,586,123

6.34

5,027,675,860

72.33%

2,813,338

 

*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 available for voting on 13 June 2024 at 6.30pm was 6,947,288,713. 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    +44 (0) 7793 222569

 

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

 

 

LEI Number: 2138002P5RNKC5W2JZ46

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Tesco (TSCO)
UK 100

Latest directors dealings