Tesco PLC Result of AGM (6191R)

TIDMTSCO

RNS Number : 6191R

Tesco PLC

15 June 2018

Tesco PLC

15 June 2018

Tesco PLC - Results of AGM

All resolutions proposed at the Annual General Meeting of the Company held on 15 June 2018 were passed by shareholders.

Tesco PLC Annual General Meeting Poll Results

 
 
                                 VOTES         %      VOTES AGAINST    %         VOTES       % of ISC   VOTES WITHHELD 
                                  FOR                                            TOTAL         VOTED 
      To receive the 
 1    Reports and Accounts   7,235,509,985   100.00         289,578   0.00   7,235,799,563     73.94%       26,730,598 
      To approve the 
      Directors' 
      Remuneration 
 2    Report                 7,036,698,808    96.94     222,134,025   3.06   7,258,832,833     74.17%        3,745,517 
      To approve the 
      Directors' 
      Remuneration 
 3    Policy                 6,732,074,335    93.15     495,171,972   6.85   7,227,246,307     73.85%       35,311,423 
      To declare a final 
 4    dividend               7,261,461,208    99.99         506,599   0.01   7,261,967,807     74.21%          605,252 
      To elect Stewart 
      Gilliland as a 
 5    director               7,240,725,566    99.75      18,332,756   0.25   7,259,058,322     74.18%        3,500,415 
      To elect Charles 
 6    Wilson as a director   7,247,528,552    99.84      11,537,548   0.16   7,259,066,100     74.18%        3,487,542 
      To re-elect John 
 7    Allan as a director    6,700,778,628    92.31     558,359,467   7.69   7,259,138,095     74.18%        3,417,273 
      To re-elect Mark 
 8    Armour as a director   7,205,535,889    99.26      53,500,784   0.74   7,259,036,673     74.18%        3,489,669 
      To re-elect Steve 
 9    Golsby as a director   6,987,189,986    96.26     271,809,562   3.74   7,258,999,548     74.18%        3,560,387 
      To re-elect Byron 
 10   Grote as a director    6,696,336,753    92.25     562,749,034   7.75   7,259,085,787     74.18%        3,470,855 
      To re-elect Dave 
 11   Lewis as a director    7,252,787,224    99.91       6,580,880   0.09   7,259,368,104     74.18%        3,190,265 
      To re-elect Mikael 
 12   Olsson as a director   6,986,854,514    96.25     272,189,586   3.75   7,259,044,100     74.18%        3,513,995 
      To re-elect Deanna 
      Oppenheimer as 
 13   a director             6,667,657,851    91.94     584,914,287   8.06   7,252,572,138     74.11%        9,983,500 
      To re-elect Simon 
      Patterson as a 
 14   director               7,205,428,406    99.26      53,664,419   0.74   7,259,092,825     74.18%        3,464,540 
      To re-elect Alison 
 15   Platt as a director    6,988,631,759    96.27     270,513,377   3.73   7,259,145,136     74.18%        3,412,229 
      To re-elect Lindsey 
      Pownall as a 
 16   director               7,254,177,854    99.93       4,964,391   0.07   7,259,142,245     74.18%        3,415,120 
      To re-elect Alan 
      Stewart as a 
 17   director               7,232,229,816    99.63      26,753,409   0.37   7,258,983,225     74.18%        3,409,678 
      To reappoint the 
 18   auditors               6,909,525,467    95.20     348,391,629   4.80   7,257,917,096     74.17%        4,639,726 
      To authorise the 
      directors to 
      determine 
      the auditors' 
 19   remuneration           6,745,032,577    92.93     512,874,477   7.07   7,257,907,054     74.17%        4,642,461 
      To authorise the 
      directors to allot 
 20   shares                 6,627,690,607    91.30     631,911,774   8.70   7,259,602,381     74.18%        2,947,286 
      To disapply 
 21   pre-emption rights*    7,106,071,248    97.90     152,649,323   2.10   7,258,720,571     74.17%        3,830,596 
      To disapply 
      pre-emption rights 
      for 
      acquisitions and 
 22   capital investment*    6,659,365,114    91.74     599,286,903   8.26   7,258,652,017     74.17%        3,897,650 
      To authorise the 
      Company to purchase 
 23   its own shares*        7,121,084,111    98.09     138,375,149   1.91   7,259,459,260     74.18%        3,090,907 
      To authorise 
      political donations 
      by the Company and 
 24   its subsidiaries       6,869,549,598    94.62     390,503,977   5.38   7,260,053,575     74.19%        2,493,442 
      To authorise short 
      notice general 
 25   meetings*              6,801,991,258    93.70     457,350,878   6.30   7,259,342,136     74.18%        3,203,520 
 

*Special resolutions

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 shares in issue as at 13 June 2018 was 9,786,153,650 Ordinary shares.

In accordance with Listing Rule 9.6.2 copies of the resolutions will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

   Enquiries:                      Robert Welch 

Company Secretary

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

Tel: [phone]

LEI Number: 2138002P5RNKC5W2JZ46

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June 15, 2018 11:50 ET (15:50 GMT)