B&M European Value Retail S.A. Result of AGM (0366H)

TIDMBME

RNS Number : 0366H

B&M European Value Retail S.A.

29 July 2019

29 July 2019

B&M European Value Retail S.A.

AGM Voting Results

All resolutions proposed at the Annual General Meeting of the Company held on 26 July 2019 were passed on a poll by shareholders. The results of the poll were as follows.

 
                                   VOTES         %        VOTES        %         VOTES       % of ISC   VOTES WITHHELD 
                                    FOR                   AGAINST                TOTAL         VOTED 
      To receive the 
      Directors 
      Report on the Annual 
      Accounts of the 
      Company 
      for the year ended 
 1    March 2019                 752,792,293    100         0          0       752,792,293    75.24        1,806,937 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To receive the 
      consolidated 
      and unconsolidated 
      Financial Statements 
      and Annual Accounts 
      for the financial year 
      ended March 2019 and 
      the Auditor's Reports 
 2    thereon                    752,792,181    100         0          0       752,792,181    75.24        1,807,049 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To approve the 
      consolidated 
      Financial Statements 
      and Annual Accounts 
      of the Company for 
      the year ended 30 
      March 
 3    2019                       752,792,181    100         0          0       752,792,181    75.24        1,807,049 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To approve the 
      unconsolidated 
      Financial Statements 
      and Annual Accounts 
      of the Company for 
      the year ended 31 
      March 
 4    2019                       752,792,181    100         0          0       752,792,181    75.24        1,807,049 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To approve the result 
      of the Company for 
      the year ended 31 
      March 
 5    2019 and allocation        752,792,181    100         0          0       752,792,181    75.24        1,807,049 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To approve the total 
      dividend of the 
      Company 
      for the year ended 
 6    31 March 2019              754,599,230    100         0          0       754,599,230    75.42            0 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To receive and approve 
      the annual report on 
      the Directors' 
      Remuneration 
      for the year ended 
 7    March 2019                 753,060,803   99.95      383,856     0.05     753,444,659    75.30        1,154,570 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To discharge the 
      Directors 
      for the year ended 
 8    31 March 2019             750,571,369    99.77    1,754,000     0.23    752,325,369     75.19        2,273,861 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To re-elect Peter 
      Bamford 
 9    as a Director              752,753,063   99.76     1,845,275    0.24     754,598,338    75.42           891 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To re-elect Simon 
      Arora 
 10   as a Director              721,163,263   95.57     33,435,967   4.43     754,599,230    75.42            0 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To re-elect Paul 
      McDonald 
 11   as a Director             752,006,314    99.66     2,592,916    0.34     754,599,230    75.42            0 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To re-elect Ron 
      McMillan 
 12   as a Director             744,321,562    98.64    10,276,777    1.36    754,598,339     75.42          891 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To re-elect Kathleen 
 13    Guion as a Director       752,782,399   99.76     1,815,940    0.24     754,598,339    75.42          891 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To re-elect Tiffany 
 14    Hall as a Director        752,844,539   99.77     1,753,800    0.23     754,598,339    75.42          891 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To ratify the 
      appointment 
      of and to re-elect 
      Carolyn Bradley as 
 15   a Director                 752,844,539   99.77     1,753,800    0.23     754,598,339    75.42          891 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To ratify the 
      appointment 
      of and to re-elect 
      Gilles Petit as a 
 16   Director                   754,598,222   99.99        117       0.01     754,598,339    75.42          891 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To discharge the 
      Independent 
      Auditor for the year 
 17   ended 31 March 2019        748,310,337   99.47     4,015,390    0.53     752,325,727    75.19       2,273,502 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To re-appoint KPMG 
      Luxembourg 
      Société 
      Coopérative as 
      Independent Auditor 
 18   of the Company             754,057,496   99.93      540,731     0.07     754,598,227    75.42          1,003 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To authorise the 
      Directors 
      to determine the 
      Independent 
 19   Auditor's remuneration    754,057,608    99.93     540,731      0.07    754,598,339     75.42          891 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To authorise the 
      Company 
      to make market 
      purchases 
 20   of its ordinary shares     752,336,948   99.83     1,245,816    0.17     753,582,764    75.32       1,016,465 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To confirm the Board 
      of Directors have full 
      power to issue 
      ordinary 
      shares on a 
      non-pre-emptive 
      basis for cash 
      representing 
      5% of the issued share 
      capital of the Company 
      generally, as provided 
      by the Articles of 
      Association and to 
      acknowledge the 
      Directors' 
      intention to comply 
      with the Statement 
      of Principles on 
      Dis-applying 
      Pre-Emption Rights 
      to the extent 
      practical 
      for a Luxembourg 
 21   company                    754,597,768   99.99       1,462      0.01     754,599,230    75.42            0 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
      To confirm the 
      Directors 
      have full power, in 
      addition to any 
      authority 
      granted under 
      resolution 
      21, to issue ordinary 
      shares on a 
      non-pre-emptive 
      basis, for cash 
      representing 
      a further 5% of the 
      issued share capital 
      of the Company for 
      the purposes of 
      financing 
      an acquisition or a 
      capital investment 
      (or refinancing such 
      a transaction) as 
      defined 
      in the Statement of 
      Principles on 
      Dis-Applying 
      Pre-Emption Rights, 
      as provided by the 
      Articles of 
 22   Association                746,610,884   98.94     7,987,454    1.06     754,598,338    75.42           891 
     -----------------------  --------------  ------  -------------  -----  --------------  ---------  --------------- 
 

The results of the poll will also be posted on the Company's website at www.bandmretail.com

The total number of shares in issue of the Company as at the date of the AGM was 1,000,561,222 ordinary shares.

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.

Enquiries

B&M European Value Retail S.A.

For further information please contact [phone]

Simon Arora, Chief Executive Officer

Paul McDonald, Chief Financial Officer

[e-mail]

The results of the poll will also be posted on the Company's website at www.bandmretail.com/investors/agm.aspx

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 [e-mail] or visit www.rns.com.

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July 29, 2019 05:40 ET (09:40 GMT)