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B&M European Value Retail plc held its Annual General Meeting on 21 July 2026, where all proposed resolutions were passed. Resolution 19, concerning the allotment of shares other than on a pro-rata basis in connection with acquisitions, received 21.00% votes against. Effective 21 July 2026, Nadia Shouraboura retired as a Non-Executive Director, and Peter Pritchard was elected as a Director and joined the Remuneration Committee.
| Date | 22 Jul 2026 |
| Time | 09:00:00 |
| Category | AGMs and other meetings |
| ID | 2798N |
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 +44 (0) 151 728 5400
Tjeerd Jegen, Chief Executive Officer
Andrew Orchard, Head of Investor Relations
Media
For media please contact:
Sam Cartwright, H-advisors, [email protected] +44 (0) 7827 254 561
Jonathan Cook, H-advisors, [email protected] +44 (0) 7730 777 865
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.