Result of AGM

Result of AGM

Ocado Group

RNS Number : 4769E
Ocado Group PLC
10 May 2013
 



RESULT OF AGM

OCADO GROUP PLC

10 May 2013

 

Ocado Group plc

Annual General Meeting 2013 Results

 

The Annual General Meeting of Ocado Group plc (the "Company") was held at One Bunhill Row, London, EC1Y 8YY on Friday, 10 May 2013 at 11.00am.

 

All resolutions were decided on a poll and all resolutions proposed at the Annual General Meeting were passed by shareholders. The full text of each resolution is contained in the notice of Annual General Meeting, which is available on the Company's website www.ocadogroup.com (with each resolution number below corresponding to the resolution number in the notice).

 

The number of votes for and against each of the resolutions put before the Annual General Meeting and the number of votes withheld were as follows:

 

Resolutions

For

Against

Total Votes

Votes Withheld

Votes

%

Votes

%

Ordinary Resolutions

1

To receive the Annual Report and Accounts

461,415,679

100.00

1,000

0.00

461,418,179

1,500

2

To approve the Remuneration Report

349,776,432

76.54

107,184,194

23.46

461,418,179

4,457,553

3

To re-appoint Sir Stuart Rose

421,899,153

99.25

3,176,589

0.75

461,418,179

36,342,437

4

To re-appoint David Grigson

447,407,939

97.05

13,580,735

2.95

461,418,179

429,505

5

To re-appoint Tim Steiner

447,038,806

96.88

14,379,373

3.12

461,418,179

0

6

To re-appoint Duncan Tatton-Brown

447,038,195

96.88

14,379,373

3.12

461,418,179

611

7

To re-appoint Jason Gissing

447,038,195

96.88

14,379,373

3.12

461,418,179

611

8

To re-appoint Neill Abrams

447,038,195

96.88

14,379,373

3.12

461,418,179

611

9

To re-appoint Mark Richardson

447,038,195

96.88

14,379,373

3.12

461,418,179

611

10

To re-appoint Jörn Rausing

446,302,583

96.80

14,745,672

3.20

461,418,179

369,924

11

To re-appoint Robert Gorrie

446,732,149

96.89

14,316,106

3.11

461,418,179

369,924

12

To re-appoint Ruth Anderson

447,836,231

97.06

13,580,737

2.94

461,418,179

1,211

13

To re-appoint Douglas McCallum

443,843,910

96.19

17,574,269

3.81

461,418,179

0

14

To re-appoint Alex Mahon

460,064,236

99.71

1,353,943

0.29

461,418,179

0

15

To re-appoint PricewaterhouseCoopers LLP as auditors

460,987,014

99.91

431,165

0.09

461,418,179

0

16

To authorise the Directors to determine the auditors'

remuneration

461,250,733

99.96

165,946

0.04

461,418,179

1,500

17

Authority for political donations and political expenditure

446,767,182

99.91

390,056

0.09

461,418,179

14,260,941

18

To approve the Ocado Long-Term Incentive Plan

360,235,983

86.40

56,698,838

13.60

461,418,179

44,483,358

19

To approve the Chairman's Share Matching Award

384,380,959

83.30

77,037,220

16.70

461,418,179

0

20

Authority to allot shares

428,975,317

93.04

32,068,549

6.96

461,418,179

374,313

 

Special Resolutions

21

Authority to disapply pre-emption rights

447,586,514

97.00

13,831,665

3.00

461,418,179

0

22

Authority to purchase own shares

461,417,054

100.00

1,125

0.00

461,418,179

0

23

Notice of general meetings

421,157,076

91.27

40,261,103

8.73

461,418,179

0

 

Notes:

(i)         Votes 'withheld' are not votes under English law and so have not been included in the calculation of whether a resolution is carried. Percentages have been rounded to two decimal places.

 

(ii)         As at 7.00am on 10 May 2013, the Company's issued share capital was 614,784,379 ordinary shares of 2p each. Of these issued ordinary shares, 36,305,099 are held by Greenwood Nominees Limited on behalf of Appleby Trust (Jersey) Limited, the independent company which is the trustee of Ocado's employee benefit trust (the "EBT Trustee"). The EBT Trustee has waived its right to exercise its voting rights and to receive dividends in respect of these 36,305,099 ordinary shares, although it may vote in respect of 22,900,312 ordinary shares which have vested under the joint share ownership scheme and remain in the trust, at the request of a participant. Excluding the 36,305,099 ordinary shares held by the EBT Trustee, Ocado has shares in issue with aggregate voting rights of 578,479,280.

 

(iii)        This announcement is made pursuant to the requirements of Listing Rules 9.6.2 and 9.6.18. In accordance with Listing Rule 9.6.2, a copy of resolutions 17 to 23 (as set out in the notice of Annual General Meeting), being the resolutions passed at the Annual General Meeting not concerning ordinary business, has been submitted today to the Financial Conduct Authority's national storage mechanism. This document will be available for viewing at http://www.morningstar.co.uk/uk/NSM.

 

A copy of the Annual General Meeting results will be available on Ocado's website: www.ocadogroup.com.

 

For further information please contact:

 

Company Secretary

Ocado Group plc

Titan Court

3 Bishops Square

Hatfield Business Park

Hatfield, Hertfordshire, AL10 9NE

+ 44 1707 228 000

company.secretary@ocado.com  


This information is provided by RNS
The company news service from the London Stock Exchange
 
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