TIDMDPEU
RNS Number : 2306P
DP Eurasia N.V
24 May 2018
For Immediate Release 24 May 2018
DP Eurasia N.V.
("DP Eurasia" or the "Company")
Results of 2018 Annual General Meeting
DP Eurasia (DPEU.L), the master franchisee of the Domino's Pizza
brand in Turkey, Russia, Azerbaijan and Georgia, announces that at
its Annual General Meeting ('AGM') held today, 24 May 2018, all
resolutions set out in the Notice of the AGM were voted on a poll
and were passed by the requisite majorities. The poll results of
each resolution are set out in the table below:
Resolution No of % No of % Total No of
votes votes of votes votes
in favour against cast withheld
(excluding
votes
withheld)
----------------------- ------------ ----- ----------- ----- ------------ ----------
1. Adoption
of the annual
accounts 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
2. Appropriation
of profit 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
3. Discharge
Executive
Directors 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
4. Discharge
Non-Executive
Directors 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
5. Annual
remuneration
report 121,729,975 97,7 2,908,847 2,3 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
6. Remuneration
policy for
the Executive
Directors 120,581,673 96,7 2,926,837 2,3 123,508,510 1,130,312
----------------------- ------------ ----- ----------- ----- ------------ ----------
7. Remuneration
of the Non-Executive
Directors 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
8. Reappointment
A. Saranga 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
9. Reappointment
F. Slot 124,486,775 99,9 152,047 0,01 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
10. Reappointment
S. Tari 121,261,693 97,3 3,377,129 2,7 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
11. Reappointment
İ. Talu 121,238,750 97,3 3,400,072 2,7 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
12. Reappointment
A. ahin 121,261,693 97,3 3,377,129 2,7 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
13. a. Reappointment
P. Williams
by the general
meeting 107,438,016 86,2 17,200,806 13,8 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
13. b. Reappointment
P. Williams
by the general
meeting excluding
the controlling
shareholder 45,202,893 72,4 17,200,806 27,6 62,403,699 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
14. a. Reappointment
T. Singer
by the general
meeting 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
14. b. Reappointment
T. Singer
by the general
meeting excluding
the controlling
shareholder 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
15. Confirmation
appointment
external auditor 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
16. Authorisation
to use electronic
means 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
17. a. Authorisation
Board to issue
shares and
grant rights
to subscribe
for shares 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
17. b. Authorisation
Board to restrict
or exclude
pre-emptive
rights 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
18. Authorisation
Board to purchase
shares 124,638,822 100 0 0 124,638,822 0
----------------------- ------------ ----- ----------- ----- ------------ ----------
All resolutions presented to shareholders at today's AGM were
passed with a majority of votes. However, the Board notes that a
significant minority of votes were received against the re-election
of our Chairman, Peter Williams (Resolution 13.b).
While the Board is pleased that the resolutions have received
shareholder approval, it also acknowledges the views of the
shareholders who voted against Resolution 13.b. The Board seeks to
ensure that each Director has time to meet the requirements of
their role and is satisfied that all Directors, including Peter
Williams, have sufficient capacity to meet their commitments to DP
Eurasia, including during periods when DP Eurasia or other
commitments require greater than usual involvement. We have
interacted with a number of our shareholders and corresponded with
proxy advisor bodies over concerns raised about Peter's time
commitments and will continue to engage with shareholders over the
course of the year on this matter.
Notes:
The Company has in issue on 24 May 2018, 145,372,414 ordinary
shares of EUR0.12 each, which confer voting rights of one vote per
share. 124,638,822 ordinary shares were validly present or
represented at the AGM, which is 85,74% of the Company's issued
share capital.
A "vote withheld" is not a vote in law and is not counted in the
calculation of the proportion of the votes "for" and "against" a
resolution.
In accordance with Listing Rules 9.6.2 R, 9.6.3(1) R and 9.6.18
R, copies of the resolutions (other than those resolutions which
form the ordinary business of the AGM) passed by the Company's
shareholders have been submitted to the National Storage Mechanism
and will be available in due course for inspection at
www.morningstar.co.uk/uk/NSM.
The voting results are available for viewing on the Investor
Relations section of the Company's website at
www.dpeurasia.com.
Enquiries
DP Eurasia N.V.
Selim Kender, Chief Strategy
Officer & Head of Investor Relations +90 212 280 9636
Buchanan (Financial Communications)
Richard Oldworth/ Madeleine Seacombe +44 20 7466 5000
dp@buchanan.uk.com
Notes to Editors
DP Eurasia is the exclusive master franchisee of the Domino's
Pizza brand in Turkey, Russia, Azerbaijan and Georgia. The Company
was admitted to the premium listing segment of the Official List of
the Financial Conduct Authority and to trading on the main market
for listed securities of the London Stock Exchange plc on 3 July
2017. The Company (together with its subsidiaries, the "Group") is
the largest pizza delivery company in Turkey and the third largest
in Russia. The Group offers pizza delivery and takeaway/ eat-in
facilities at its 643 stores (514 in Turkey, 121 in Russia, five in
Azerbaijan and three in Georgia as at 31 December 2017), and
operates through its owned corporate stores (37%) and franchised
stores (63%). The Group maintains a strategic balance between
corporate and franchised stores, establishing networks of
corporate-owned stores in its most densely populated areas to
provide a development platform upon which to promote best practice
and maximise profitability. The Group has adapted the Domino's
Pizza globally proven business model to its local markets.
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.
END
RAGFKQDNNBKDAPB
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