TIDMBME
RNS Number : 3878N
B&M European Value Retail S.A.
30 September 2021
30 September 2021
B&M European Value Retail S.A.
Notice of Ordinary General Meeting
B&M European Value Retail S.A. (the "Company"), the UK's
leading general merchandise value retailer, announces that it has
posted to shareholders today Notice of an Ordinary General Meeting
of the Company.
The Ordinary General Meeting will be held at on Tuesday 9
November 2021 at 5, Rue Goethe, L-1637 Luxembourg, commencing at
10:00 am (CET).
The purpose of the Ordinary General Meeting is to propose that
Paula MacKenzie be appointed as a Non-Executive Director of the
Company.
The Notice of the Ordinary General Meeting, is available on the
Company's website at www.bandmretail.com/investors/ogm.aspx
A summary form of the Notice of the Ordinary General Meeting is
set out in Appendix 1 to this announcement.
Enquiries
B&M European Value Retail S.A.
For further information please contact +44 (0) 151 728 5400
Simon Arora, Chief Executive
Alex Russo, Chief Financial Officer
investor.relations@bandmretail.com
Media
For media please contact +44 (0) 207 379 5151
Sam Cartwright, Maitland
bmstores-maitland@maitland.co.uk
APPENDIX 1
B&M European Value Retail S.A.
Société Anonyme
Registered office: 68-70, Boulevard de la Pétrusse, L-2320
Luxembourg
Grand-Duchy of Luxembourg
R.C.S. Luxembourg: B 187275
Notice of the Ordinary General Meeting of B&M European Value
Retail S.A. to be held at 10:00 am (CET) on Tuesday 9 November 2021
at 5, Rue Goethe , L-1637 Luxembourg .
AGENDA
1. To appoint Paula MacKenzie as a Director of the Company with
immediate effect until the Annual General Meeting resolving on the
financial statements for the financial year ended 31 March
2022.
Explanation of Business to be considered at the Extraordinary
General Meeting
Resolution: Appointment of Non-Executive Director
Following the retirement of one of the four Independent
Non-Executive Directors at the AGM on 29 July 2021, the Board of
Directors (the "Board") of B&M European Value Retail S.A.
("B&M" or the "Company") has reduced from seven to six members.
Those six members comprise the Non-Executive Chairman, two
Executive Directors and three Independent Non-Executive Directors.
The Board considers that there is a need to maintain a complement
of at least four Non-Executive Directors, not least while the
business of the Company's group continues to grow at a significant
rate and also as part of succession planning generally looking to
the future.
Following a search undertaken by Russell Reynolds Associates on
behalf of the Nomination Committee of the Company and a series of
interviews, the Nomination Committee has recommended that Paula
MacKenzie be appointed as a Non-Executive Director to the Board of
B&M. The Board has unanimously resolved to propose that Paula
be appointed with immediate effect to the Board by the ordinary
general meeting of shareholders of the Company.
Paula MacKenzie has a strong background in general management
and finance. She has held a number of senior executive roles during
the last 10 years with Kentucky Fried Chicken (Great Britain) Ltd
("KFC UK&I") which has over 900 stores and 27,000 employees.
Her current experience leading a highly competitive multi-site
business and her professional background in finance will bring
additional insights and perspectives to the Board.
Paula has been the Managing Director of KFC for the UK and
Ireland for the last four years and will be continuing in that
role. Prior to that she was the Chief Financial Officer of KFC
UK&I. Her experience prior to joining KFC UK&I included
executive roles in finance across a variety of industry sectors
with Innocent, GlaxoSmithKline and Diageo plc.
Notes
Quorum and voting
In accordance with Article 24.6 of the Articles of Association
of the Company, all decisions taken at the Meeting will be passed
by a simple majority of the votes cast on each resolution,
regardless of the proportion of issued ordinary share capital
represented by shareholders at the Meeting. Each holder of ordinary
shares has one vote in respect of each ordinary share held. As a
result, the quorum for the Meeting is at least one shareholder
present in person or by proxy.
Total voting rights
As at 29 September 2021 (being the last business day prior to
the publication of this notice) the Company's issued ordinary share
capital consists of 1,001,226,836 (one billion and one million and
two hundred and twenty-six thousand eight hundred and thirty-six)
ordinary shares, carrying one vote each. The Company holds no
treasury shares, therefore the total voting rights in the Company
as at 29 September 2021 is 1,001,226,836 (one billion and one
million and two hundred and twenty-six thousand eight hundred and
thirty-six).
Poll
All items in the Notice of the Meeting will be decided by a poll
of shareholders.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NOGGCGDCRSDDGBC
(END) Dow Jones Newswires
September 30, 2021 03:59 ET (07:59 GMT)
B&m European Value Retail (LSE:BME)
Historical Stock Chart
From Mar 2024 to Apr 2024
B&m European Value Retail (LSE:BME)
Historical Stock Chart
From Apr 2023 to Apr 2024