Result of AGM

RNS Number : 8127M

Bakkavor Group PLC

25 May 2022

 

25 May 2022

Bakkavor Group plc

(the 'Company')

2022 Annual General Meeting - Poll Results

The Company's 2022 Annual General Meeting ("AGM") was held today at 10.00 am at Fitzroy Place, 5^th Floor, 8 Mortimer Street, London, W1T 3JJ.  All resolutions set out in the Notice of AGM dated 17 March 2022 and put to the meeting were decided on by a poll and were passed.

Resolutions 1 to 17 were each passed as an Ordinary Resolution (requiring a simple majority for them to be passed) and resolutions 18 to 21 were each passed as a Special Resolution (requiring at least a 75% majority for them to be passed).  The results for each resolution are set out below.

	Resolution	Votes For and Discretionary Votes	%	Votes Against	%	Total Votes Cast (Excluding Withheld)	% of ISC Voted *	Votes Withheld
1.	To receive the Annual Report and Accounts	564,873,053	100.00%	0	0.00%	564,873,053	97.49%	489,803
2.	To approve the Directors' Remuneration Report	564,080,140	99.79%	1,194,447	0.21%	565,274,587	97.56%	88,269
3.	To declare a final dividend on the ordinary shares of the Company for the year ended 25 December 2021 of 3.96 pence per ordinary share	565,278,596	100.00%	0	0.00%	565,278,596	97.56%	84,260
4.	To elect Sanjeevan Bala as a Director of the Company	565,196,731	99.99%	81,865	0.01%	565,278,596	97.56%	84,260
5.	To re-elect Simon Burke as a Director of the Company	563,063,174	99.61%	2,215,422	0.39%	565,278,596	97.56%	84,260
6.	To re-elect Agust Gudmundsson as a Director of the Company	565,153,986	99.98%	124,610	0.02%	565,278,596	97.56%	84,260
7.	To re-elect Ben Waldron as a Director of the Company	565,151,751	99.98%	126,845	0.02%	565,278,596	97.56%	84,260
8.	To re-elect Mike Edwards as a Director of the Company	565,151,751	99.98%	126,845	0.02%	565,278,596	97.56%	84,260
9.	To re-elect Denis Hennequin as a Director of the Company	564,650,498	99.89%	628,098	0.11%	565,278,596	97.56%	84,260
10.	To re-elect Umran Beba as a Director of the Company	564,650,298	99.89%	628,298	0.11%	565,278,596	97.56%	84,260
11.	To re-elect Jill Caseberry as a Director of the Company	564,558,708	99.87%	709,888	0.13%	565,268,596	97.56%	94,260
12.	To re-elect Patrick Cook as a Director of the Company	565,151,751	99.98%	126,845	0.02%	565,278,596	97.56%	84,260
13.	To re-elect Lydur Gudmundsson as a Director of the Company	564,511,926	99.86%	766,670	0.14%	565,278,596	97.56%	84,260
14.	To re-elect Jane Lodge as a Director of the Company	565,002,178	99.95%	266,418	0.05%	565,268,596	97.56%	94,260
15.	To re-appoint PricewaterhouseCoopers LLP as Auditors of the Company	564,450,587	99.85%	828,009	0.15%	565,278,596	97.56%	84,260
16.	To authorise the Audit and Risk Committee to determine the remuneration of the Auditors	565,273,587	100.00%	5,009	0.00%	565,278,596	97.56%	84,260
17.	To authorise the Directors to allot shares	561,822,299	99.39%	3,453,514	0.61%	565,275,813	97.56%	87,043
18.	To empower the Directors to disapply pre-emption rights	565,255,768	100.00%	20,045	0.00%	565,275,813	97.56%	87,043
19.	To empower the Directors to disapply pre-emption rights for financing/refinancing particular acquisitions and other capital investments	561,231,381	99.28%	4,047,215	0.72%	565,278,596	97.56%	84,260
20.	To authorise the Company to purchase its own shares	564,417,197	99.85%	838,156	0.15%	565,255,353	97.55%	107,503
21.	To allow a general meeting to be called on 14 clear days' notice	564,561,665	99.87%	716,931	0.13%	565,278,596	97.56%	84,260

  * Based on total issued share capital as at 23 May 2022 of 579,425,585 Ordinary shares.

Votes of Independent Shareholders on the resolutions concerning the election and re-election of the Independent Non-executive Directors
	Resolution	Votes For and Discretionary Votes	%	Votes Against	%	Total Votes Cast	% of ISC Voted **	Votes Withheld
1.	To elect Sanjeevan Bala as a Director of the Company	130,699,043	99.94%	81,865	0.06%	130,780,908	90.24%	84,260
2.	To re-elect Simon Burke as a Director of the Company	128,565,486	98.31%	2,215,422	1.69%	130,780,908	90.24%	84,260
3.	To re-elect Denis Hennequin as a Director of the Company	130,152,810	99.52%	628,098	0.48%	130,780,908	90.24%	84,260
4.	To re-elect Umran Beba as a Director of the Company	130,152,610	99.52%	628,298	0.48%	130,780,908	90.24%	84,260
5.	To re-elect Jill Caseberry as a Director of the Company	130,061,020	99.46%	709,888	0.54%	130,770,908	90.23%	94,260
6.	To re-elect Jane Lodge as a Director of the Company	130,504,490	99.80%	266,418	0.20%	130,770,908	90.23%	94,260

   ** Based on independent voting capital of 144,927,897, being total issued share capital of 579,425,585 Ordinary shares as at 23 May 2022, but 

              excluding shares held by the controlling shareholders.

Notes:

a)  The votes "For" and "Against" are expressed as a percentage of the votes received.

b)  The Company's issued share capital as at 23 May 2022 is 579,425,585 ordinary shares of 2 pence each.

c)  The Company's issued share capital as at 25 May 2022 is 579,425,585 ordinary shares of 2 pence each.

d)  Where shareholders have appointed the Chairman of the meeting as their proxy with discretion as to voting, those votes have been cast in favour of all of the resolutions.

e)  A "Vote Withheld" is not counted towards the votes cast "For" or "Against" a resolution.

f)  In accordance with Listing Rule 9.2.2E, Resolutions 4,5,9 -11 and 14, inclusive were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.

g)  In accordance with Listing Rule 9.6.2, a copy of all resolutions passed other than resolutions concerning ordinary business will be submitted to the FCA via the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

ENQUIRIES

Institutional investors and analysts:

Annabel Tagoe-Bannerman, Group General Counsel & Company Secretary                   [phone]

Emily Daw, Head of Investor Relations & Strategic Projects                                            [phone]

ABOUT BAKKAVOR

Bakkavor is the leading provider of fresh prepared food ("FPF") in the UK, with a growing international presence in the US and China. The Group is the number one by market share in the UK in the four FPF product categories of meals, salads, desserts and pizza & bread, providing high-quality, fresh, healthy and convenient food. Its customers include every major UK grocery retailer, including Tesco, Marks & Spencer, Sainsbury's and Waitrose, and some of the world's best-known food brands. Bakkavor was founded in 1986 and has its headquarters in London. The Group has c.19,000 employees and operates 23 factories in the UK, 5 in the US and 9 in China.

LEI number: 213800COL7AD54YU9949 

 

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