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| Date | 14 Jun 2024 |
| Time | 14:30:35 |
| Category | AGMs and other meetings |
| ID | 5583S |
Tesco PLC
14 June 2024
Tesco PLC - Results of AGM
Tesco PLC held its Annual General Meeting on Friday 14 June 2024 at 11:30 a.m. All resolutions proposed were passed by shareholders. A poll was held on each of the resolutions proposed. The results of the polls are as follows:
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VOTES FOR |
% |
VOTES AGAINST |
% |
TOTAL VOTES VALIDLY CAST |
% ISSUED SHARE CAPITAL |
VOTES WITHHELD |
|
1 |
To receive the report and accounts |
5,024,716,360 |
99.99 |
680,883 |
0.01 |
5,025,397,243 |
72.29% |
5,105,970 |
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2 |
To approve the Directors' remuneration report |
4,584,100,614 |
93.49 |
319,305,825 |
6.51 |
4,903,406,439 |
70.54% |
127,096,428 |
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3 |
To declare a final dividend |
5,029,423,114 |
100.00 |
158,758 |
0.00 |
5,029,581,872 |
72.35% |
921,341 |
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4 |
To elect Dame Carolyn Fairbairn as a Director |
5,028,360,609 |
99.99 |
728,705 |
0.01 |
5,029,089,314 |
72.35% |
1,413,943 |
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5 |
To elect Dr Gerry Murphy as a Director |
4,953,938,201 |
98.50 |
75,196,781 |
1.50 |
5,029,134,982 |
72.35% |
1,368,231 |
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6 |
To re-elect Melissa Bethell as a Director |
4,925,967,147 |
97.95 |
103,194,278 |
2.05 |
5,029,161,425 |
72.35% |
1,341,788 |
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7 |
To re-elect Bertrand Bodson as a Director |
4,955,342,256 |
98.53 |
73,834,626 |
1.47 |
5,029,176,882 |
72.35% |
1,326,331 |
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8 |
To re-elect Thierry Garnier as a Director |
4,941,415,789 |
98.26 |
87,738,903 |
1.74 |
5,029,154,692 |
72.35% |
1,348,490 |
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9 |
To re-elect Stewart Gilliland as a Director |
4,888,164,155 |
97.19 |
141,522,449 |
2.81 |
5,029,686,604 |
72.35% |
814,504 |
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10 |
To re-elect Ken Murphy as a Director |
5,026,515,922 |
99.94 |
3,261,573 |
0.06 |
5,029,777,495 |
72.36% |
726,877 |
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11 |
To re-elect Imran Nawaz as a Director |
5,013,984,626 |
99.70 |
15,145,822 |
0.30 |
5,029,130,448 |
72.35% |
1,372,762 |
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12 |
To re-elect Alison Platt as a Director |
4,874,110,032 |
96.92 |
154,957,080 |
3.08 |
5,029,067,112 |
72.35% |
1,435,236 |
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13 |
To re-elect Caroline Silver as a Director |
4,943,771,253 |
98.30 |
85,408,515 |
1.70 |
5,029,179,768 |
72.35% |
1,321,441 |
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14 |
To re-elect Karen Whitworth as a Director |
4,902,598,357 |
97.48 |
126,573,318 |
2.52 |
5,029,171,675 |
72.35% |
1,331,538 |
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15 |
To reappoint the auditor |
4,967,699,581 |
99.85 |
7,680,789 |
0.15 |
4,975,380,370 |
71.57% |
55,122,840 |
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16 |
To authorise the Audit Committee to set the auditor's remuneration |
5,022,759,890 |
99.87 |
6,428,126 |
0.13 |
5,029,188,016 |
72.35% |
1,311,450 |
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17 |
To authorise political donations by the Company and its subsidiaries |
4,625,474,110 |
97.41 |
122,968,590 |
2.59 |
4,748,442,700 |
68.31% |
282,060,292 |
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18 |
To authorise the Directors to allot shares |
4,531,082,338 |
91.07 |
444,279,014 |
8.93 |
4,975,361,352 |
71.57% |
55,141,858 |
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19 |
To authorise the Directors to disapply pre-emption rights* |
4,529,051,400 |
90.06 |
499,917,330 |
9.94 |
5,028,968,730 |
72.34% |
1,532,431 |
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20 |
To authorise the Directors to disapply pre-emption rights for acquisitions and other capital investment* |
4,417,129,198 |
87.92 |
607,057,983 |
12.08 |
5,024,187,181 |
72.28% |
6,316,029 |
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21 |
To authorise the Company to purchase its own shares* |
4,966,296,884 |
98.79 |
60,729,963 |
1.21 |
5,027,026,847 |
72.32% |
3,476,363 |
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22 |
To authorise a 14 day notice period for general meetings* |
4,709,089,737 |
93.66 |
318,586,123 |
6.34 |
5,027,675,860 |
72.33% |
2,813,338 |
*Special resolutions
Notes
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 ordinary shares available for voting on 13 June 2024 at 6.30pm was 6,947,288,713. Shareholders are entitled to one vote per share.
In accordance with Listing Rule 9.6.2 copies of the resolutions (other than those relating to ordinary business) will be submitted to the FCA National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
Group Company Secretary Robert Welch +44 (0) 7793 222569
Tesco PLC
Tesco House
Shire Park
Kestrel Way
Welwyn Garden City
Hertfordshire
AL7 1GA
LEI Number: 2138002P5RNKC5W2JZ46