Tesco PLC Result of AGM (1356C)

TIDMTSCO

RNS Number : 1356C

Tesco PLC

13 June 2019

Tesco PLC

13 June 2019

Tesco PLC - Results of AGM

All resolutions proposed at the Annual General Meeting of the Company held on 13 June 2019 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    7,157,608,276   99.99   961,015         0.01   7,158,569,291   73.10%     29,963,930 
      To approve the 
      Directors' 
      remuneration 
 2    report                  6,989,347,846   97.25   197,645,037     2.75   7,186,992,883   73.39%     1,540,339 
      To declare a final 
 3    dividend                7,186,506,198   99.98   1,589,681       0.02   7,188,095,879   73.40%     479,952 
      To elect Melissa 
 4    Bethell as a Director   7,171,394,471   99.78   15,552,972      0.22   7,186,947,443   73.38%     1,628,388 
      To re-elect John 
 5    Allan as a Director     6,809,057,773   94.74   378,081,541     5.26   7,187,139,314   73.39%     1,436,274 
      To re-elect Mark 
 6    Armour as a Director    7,163,253,774   99.67   23,835,228      0.33   7,187,089,002   73.39%     1,486,830 
      To re-elect Stewart 
      Gilliland as 
 7    a Director              7,159,978,241   99.62   27,181,856      0.38   7,187,160,097   73.39%     1,415,735 
      To re-elect Steve 
 8    Golsby as a Director    7,168,352,469   99.74   18,776,292      0.26   7,187,128,761   73.39%     1,447,071 
      To re-elect Byron 
 9    Grote as a Director     6,974,031,980   97.03   213,135,220     2.97   7,187,167,200   73.39%     1,408,177 
      To re-elect Dave 
 10   Lewis as a Director     7,182,876,319   99.94   4,455,417       0.06   7,187,331,736   73.39%     1,244,096 
      To re-elect Mikael 
 11   Olsson as a Director    7,181,326,187   99.92   5,856,201       0.08   7,187,182,388   73.39%     1,394,569 
      To re-elect Deanna 
      Oppenheimer as 
 12   a Director              7,173,010,223   99.80   14,100,138      0.20   7,187,110,361   73.39%     1,466,596 
      To re-elect Simon 
      Patterson as a 
 13   Director                7,168,516,811   99.74   18,644,603      0.26   7,187,161,414   73.39%     1,415,543 
      To re-elect Alison 
 14   Platt as a Director     7,124,197,391   99.12   62,925,844      0.88   7,187,123,235   73.39%     1,453,721 
      To re-elect Lindsey 
      Pownall as a 
 15   Director                7,182,847,966   99.94   4,333,387       0.06   7,187,181,353   73.39%     1,395,526 
      To re-elect Alan 
 16   Stewart as a Director   7,163,847,042   99.68   23,282,913      0.32   7,187,129,955   73.39%     1,447,002 
      To reappoint the 
 17   auditors                6,991,977,661   97.28   195,304,076     2.72   7,187,281,737   73.39%     1,295,218 
      To authorise the 
      Directors to 
      determine 
      the auditors' 
 18   remuneration            7,073,216,455   98.41   114,277,645     1.59   7,187,494,100   73.39%     1,082,855 
      To approve the 
      Deferred Bonus Plan 
 19   2019                    7,133,951,327   99.28   52,028,755      0.72   7,185,980,082   73.38%     2,596,874 
      To authorise the 
      Directors to allot 
 20   shares                  6,711,169,987   93.38   475,950,267     6.62   7,187,120,254   73.39%     1,456,702 
      To authorise the 
      Directors to disapply 
 21   pre-emption rights*     7,075,568,250   98.45   111,038,406     1.55   7,186,606,656   73.38%     1,970,221 
      To authorise the 
      Directors to disapply 
      pre-emption rights 
      for acquisitions 
      and capital 
 22   investment*             6,812,558,154   94.80   374,059,988     5.20   7,186,618,142   73.38%     1,958,735 
      To authorise the 
      Company to purchase 
 23   its own shares*         7,078,331,517   98.51   107,181,500     1.49   7,185,513,017   73.37%     3,063,938 
      To authorise the 
      Directors to offer 
 24   scrip dividends         7,059,180,746   98.22   128,242,876     1.78   7,187,423,622   73.39%     1,153,334 
      To authorise 
      political donations 
      by the Company and 
 25   its subsidiaries        6,816,326,533   95.26   339,350,420     4.74   7,155,676,953   73.07%     32,900,003 
      To authorise a 14 day 
      notice period 
 26   for general meetings*   6,748,345,067   94.30   408,090,959     5.70   7,156,436,026   73.07%     32,140,930 
 

*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 11 June 2019 was 9,793,496,561 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 

Group 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 13, 2019 09:29 ET (13:29 GMT)