Result of AGM

B&M European Value Retail PLC

22 July 2026

 

 

21 July 2026

B&M European Value Retail plc

(the "Company")

Results of the votes at the Annual General Meeting of 21 July 2026

The Company is pleased to announce that all resolutions proposed at the Annual General Meeting of the Company held on 21 July 2026 were passed and the results of the votes were as follows.

		VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of TVR	% of ISC	VOTES WITHHELD
1	Receive the Annual Report, the Group financial statements for the year ended 28 March 2026 and the Company financial statements for the year ended 31 March 2026.	796,501,571	99.99%	61,249	0.01%	796,562,820	79.26	79.26	2,226,796
2	Approve the payment of a final dividend for the year ended 31 March 2026	798,649,215	99.99%	82,892	0.01%	798,732,107	79.47	79.47	57,509
3	Approval of the Directors' Remuneration report for the year ended  31 March 2026	788,819,815	99.18%	6,515,984	0.82%	795,335,799	79.14	79.14	3,453,817
4	Grant discharge to the Directors and daily managers for the period to  27 February 2026	789,883,534	99.05%	7,552,961	0.95%	797,436,495	79.34	79.34	1,353,121
5	Re-elect Tiffany Hall as a Director	769,506,765	96.38%	28,909,537	3.62%	798,416,302	79.44	79.44	373,314
6	Re-elect Gerardus ("Tjeerd") Jegen as a Director	789,864,809	98.92%	8,649,873	1.08%	798,514,682	79.45	79.45	274,934
7	Elect Peter Waterhouse as a Director	782,206,815	97.97%	16,192,139	2.03%	798,398,954	79.44	79.44	390,662
8	Re-elect Oliver Tant as a Director	769,549,532	96.39%	28,856,933	3.61%	798,406,465	79.44	79.44	383,151
9	Re-elect Paula MacKenzie as a Director	785,129,624	98.34%	13,288,033	1.66%	798,417,657	79.44	79.44	371,959
10	Re-elect Hounaïda Lasry as a Director	784,003,677	98.20%	14,399,465	1.80%	798,403,142	79.44	79.44	386,474
11	Re-elect Euan Sutherland as a Director	786,183,569	98.47%	12,200,829	1.53%	798,384,398	79.44	79.44	405,218
12	Elect Peter Pritchard as a Director	791,112,101	99.09%	7,265,854	0.91%	798,377,955	79.44	79.44	411,661
13	Grant discharge to KPMG Audit S.à.r.l for the year ended 31 March 2026	788,188,245	98.83%	9,303,627	1.17%	797,491,872	79.35	79.35	1,297,744
14	Re-appoint KPMG LLP as auditor	786,076,026	98.45%	12,411,348	1.55%	798,487,374	79.45	79.45	302,242
15	Authorise the Board to determine auditor remuneration	797,711,870	99.89%	847,114	0.11%	798,558,984	79.46	79.46	230,632
16	Authorise the Company to purchase its own ordinary shares	797,895,597	99.98%	127,315	0.02%	798,022,912	79.40	79.40	766,704
17.	Authorise the Directors to allot shares	764,355,729	95.72%	34,177,501	4.28%	798,533,230	79.45	79.45	256,386
18.	Authorise the Directors to allot shares other than on a pro-rata basis	662,324,754	82.95%	136,177,838	17.05%	798,502,592	79.45	79.45	287,024
19	Authorise the Directors to allot shares other than on a pro-rata basis in connection with acquisitions and specified capital investments†	630,839,537	79.00%	167,689,386	21.00%	798,528,923	79.45	79.45	260,693
20	Approve the B&M Save As You Earn (SAYE) Plan	798,329,867	99.98%	194,648	0.02%	798,524,515	79.45	79.45	265,101

The results of the votes will also be posted on the Company's website at https://www.bandmretail.com/investors/company-meetings/agm.

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

On the record date 18 June 2026, the total number of voting rights (TVR) was 1,005,029,995 and the total number of shares in issue was 1,005,038,256 (ISC).

The Company notes that a significant number of votes were cast against the Board's recommendation in respect of resolution 19. The Board takes the outcome of shareholder votes seriously and will engage with shareholders and shareholder advisory bodies to ensure their views are understood. In accordance with the UK Corporate Governance Code, the Company will provide an update on this engagement within 6 months of the 2026 Annual General Meeting, as well as a final summary in the Company's 2027 Annual Report.

As previously announced, Nadia Shouraboura decided not to stand for re-election as a Non-Executive Director of the Company. With effect from the conclusion of the Annual General Meeting held today (the "AGM") Nadia retired as a Non-Executive Director of the Company.

With effect from the AGM date, 21 July 2026, Peter Pritchard joins as a member of the Remuneration Committee.

Enquiries

B&M European Value Retail plc

For further information, please contact [phone]

Tjeerd Jegen, Chief Executive Officer 

Andrew Orchard, Head of Investor Relations

[e-mail]

Media

For media please contact:

Sam Cartwright, H-advisors, [e-mail] [phone]

Jonathan Cook, H-advisors, [e-mail] [phone]

About B&M European Value Retail plc

B&M European Value Retail plc is a variety retailer with 799 stores in the UK operating under the 'B&M' brand, 342 stores under the 'Heron Foods' and 'B&M Express' brands, and 147 stores in France also operating under the 'B&M' brand as at 29 March 2026.

The B&M Group was founded in 1978 and listed on the London Stock Exchange in June 2014. For more information, please visit www.bandmretail.com.

 

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