23 July 2024
B&M European Value Retail
S.A
3, rue Gabriel Lippmann,
L-5365 Munsbach
RCS Luxembourg
B187275
(the
"Company")
Results of the votes at the
Extraordinary General Meeting of 23 July 2024
The Company is pleased to announce
that all resolutions proposed at the Extraordinary General Meeting
of the Company held on 23 July 2024 were passed and the results of
the votes were as follows.
|
|
|
VOTES
FOR
|
%
|
VOTES
AGAINST
|
%
|
VOTES
TOTAL
|
% of TVR
|
% of
ISC
|
VOTES
WITHHELD
|
|
1
|
To authorise the Board to issue
shares on a non-pre-emptive basis generally up to 10% of the issued
share capital
|
763,683,246
|
90.19
|
83,076,124
|
9.81
|
846,759,370
|
84.44
|
84.44
|
79,829
|
|
2
|
To authorise the Board to issue
shares on a non-pre-emptive basis up to an additional 10% of the
issued share capital for acquisitions and capital
investments.
|
745,153,096
|
88
|
101,606,273
|
12
|
846,759,369
|
84.44
|
84.44
|
79,830
|
|
3
|
To replace articles 6.1.1 and 6.1.2
of the Articles by a single article 6.1.1.
|
846,754,937
|
99.99
|
4,434
|
0.001
|
846,759,371
|
84.44
|
84.44
|
79,828
|
|
4
|
To remove references to voluntary
dematerialisation, registered shares and share register from the
Articles.
|
846,754,859
|
99.99
|
4,511
|
0.001
|
846,759,370
|
84.44
|
84.44
|
79,829
|
|
5
|
To move the provisions of article 9.2
under article 5.1.
|
846,754,936
|
99.99
|
4,434
|
0.001
|
846,759,370
|
84.44
|
84.44
|
79,829
|
|
6
|
To amend articles 10.1 and 10.4 of
the Articles by removing Arora Family's rights to propose
candidates to the Board.
|
846,756,989
|
99.99
|
2,382
|
0.0003
|
846,759,371
|
84.44
|
84.44
|
79,828
|
|
7
|
To increase the cap of Director fees
payable to NEDs.
|
846,755,585
|
99.99
|
3,786
|
0.0004
|
846,759,371
|
84.44
|
84.44
|
79,828
|
|
8
|
To remove all references to the
statutory auditor in the Articles.
|
846,607,743
|
99.98
|
151,628
|
0.02
|
846,759,371
|
84.44
|
84.44
|
79,828
|
|
9
|
To remove article 24.3.3 from the
Articles and the need to convene shareholders' meetings by
letter.
|
846,759,527
|
99.99
|
1,844
|
0.0002
|
846,761,371
|
84.44
|
84.44
|
77,828
|
|
10
|
To renumber the Articles and update
cross-references in the Articles further to the changes approved by
this EGM.
|
846,759,704
|
99.99
|
1,667
|
0.0002
|
846,761,371
|
84.44
|
84.44
|
77,828
|
The results of the votes will also
be posted on the Company's website at https://www.bandmretail.com/investors/company-meetings/egm
.
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 on 9 July 2024,
the total number of voting rights was 1,002,779,437 (TVR) and the
total number of shares in issue was 1,002,790,896 (ISC).
Enquiries
B&M European Value Retail S.A.
For further information please
contact +44 (0) 151 728 5400 or Investor.relations@bandmretail.com
Alejandro Russo, Chief Executive
Officer
Michael Schmidt, Chief Financial
Officer
About B&M European Value Retail S.A.
B&M European Value Retail S.A. is
a variety retailer with 741 stores in the UK operating
under the "B&M" brand, 335 stores under the "Heron Foods" and
"B&M Express" brands, and 124 stores in France also
operating under the "B&M" brand as at 30 March 2024. It was
admitted to the FTSE 100 index on 21 September 2020.
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
.