TIDMMAB

RNS Number : 3516T

Mitchells & Butlers PLC

24 March 2021

24 March 2021

Mitchells & Butlers plc (the "Company")

LEI no. 213800JHYNDNB1NS2W10

Result of Annual General Meeting

Mitchells & Butlers plc announces the results of the voting at the Company's Annual General Meeting held today, 24 March 2021, by telephone at 10.00a.m.

All the resolutions were voted on by way of a poll and the results of each resolution are shown below. All resolutions were duly approved by the relevant majority in each case. Resolutions 20 and 21 were passed as special resolutions. All other resolutions were passed as ordinary resolutions and, in the case of resolutions 6, 11, 12, 14 and 16, were also passed by a majority of the independent shareholders voting on the resolution, in accordance with LR 9.2.2ER.

 
                                 VOTES FOR        %   VOTES AGAINST        %   VOTES TOTAL         % of        VOTES 
                                       (a)                                                    ISC VOTED     WITHHELD 
                                                                                                                 (b) 
      Receipt of 
 1     accounts                515,563,440   99.93%         356,740    0.07%   515,920,180       86.54%      487,814 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Approval of 
       Annual Report 
 2     on Remuneration         513,229,539   99.44%       2,889,973    0.56%   516,119,512       86.57%      286,976 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Approval of 
       Remuneration 
 3     Policy                  425,892,672   82.48%      90,447,384   17.52%   516,340,056       86.61%       61,932 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Approval of 
       Restricted 
       Share Plan 
 4     2021                    455,803,154   88.50%      59,223,524   11.50%   515,026,678       86.39%    1,378,979 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Keith 
 5     Browne                  403,641,142   80.11%     100,247,426   19.89%   503,888,568       84.52%   12,516,467 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Dave 
 6     Coplin                  504,082,821   97.64%      12,186,506    2.36%   516,269,327       86.59%      136,668 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Eddie 
 7     Irwin                   362,408,378   71.92%     141,480,591   28.08%   503,888,969       84.52%   12,515,750 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Bob 
 8     Ivell                   388,493,695   75.24%     127,833,039   24.76%   516,326,734       86.60%       79,321 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Tim 
 9     Jones                   515,496,074   99.84%         836,816    0.16%   516,332,890       86.60%       74,192 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Josh 
 10    Levy                    386,265,946   76.66%     117,628,611   23.34%   503,894,557       84.52%   12,511,590 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Jane 
 11    Moriarty                504,273,927   97.67%      12,027,494    2.33%   516,301,421       86.60%      104,349 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Susan 
 12    Murray                  504,281,272   97.67%      12,017,465    2.33%   516,298,737       86.60%      100,696 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Ron 
 13    Robson                  373,633,434   74.15%     130,256,462   25.85%   503,889,896       84.52%   12,515,874 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Colin 
 14    Rutherford              504,213,182   97.67%      12,037,431    2.33%   516,250,613       86.59%      155,156 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Phil 
 15    Urban                   515,539,367   99.85%         784,565    0.15%   516,323,932       86.60%       83,801 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Re-elect Imelda 
 16    Walsh                   504,196,423   97.66%      12,054,969    2.34%   516,251,392       86.59%      153,490 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Reappointment 
 17    of auditor              515,954,249   99.92%         411,653    0.08%   516,365,902       86.61%       40,019 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
 18   Auditor's remuneration   516,188,685   99.97%         172,173    0.03%   516,360,858       86.61%       44,912 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
 19   Political donations      514,613,018   99.69%       1,595,865    0.31%   516,208,883       86.58%      196,000 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Amendments 
       to Articles 
 20    (c)                     516,243,114   99.98%          90,541    0.02%   516,333,655       86.60%       71,898 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
      Notice period 
       for meetings 
 21    (c)                     514,603,471   99.66%       1,767,927    0.34%   516,371,398       86.61%       33,402 
     -----------------------  ------------  -------  --------------  -------  ------------  -----------  ----------- 
 
 
 VOTES EXCLUDING THE CONTROLLING SHAREHOLDER ON THE RESOLUTIONS CONCERNING 
  THE RE-ELECTION OF THE INDEPENT NON-EXECUTIVE DIRECTORS 
                          VOTES FOR        %   VOTES AGAINST       %   VOTES TOTAL             % of       VOTES 
                                (a)                                                       ISC VOTED    WITHHELD 
                                                                                         (excluding         (b) 
                                                                                        controlling 
                                                                                      shareholders) 
     ----------------  ------------  -------  --------------  ------  ------------  ---------------  ---------- 
      Re-elect Dave 
 6     Coplin (d)       165,249,126   93.13%      12,186,506   6.87%   177,435,632           68.94%     136,668 
     ----------------  ------------  -------  --------------  ------  ------------  ---------------  ---------- 
      Re-elect Jane 
 11    Moriarty (d)     165,440,232   93.22%      12,027,494   6.78%   177,467,726           68.96%     104,349 
     ----------------  ------------  -------  --------------  ------  ------------  ---------------  ---------- 
      Re-elect Susan 
 12    Murray (d)       165,447,577   93.23%      12,017,465   6.77%   177,465,042           68.95%     100,696 
     ----------------  ------------  -------  --------------  ------  ------------  ---------------  ---------- 
      Re-elect Colin 
       Rutherford 
 14    (d)              165,379,487   93.22%      12,037,431   6.78%   177,416,918           68.94%     155,156 
     ----------------  ------------  -------  --------------  ------  ------------  ---------------  ---------- 
      Re-elect Imelda 
 16    Walsh (d)        165,362,728   93.21%      12,054,969   6.79%   177,417,697           68.94%     153,490 
     ----------------  ------------  -------  --------------  ------  ------------  ---------------  ---------- 
 

NOTES:

(a) The "For" vote includes those giving the Chairman discretion.

(b) A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" the resolution.

(c) Passed as a special resolution.

(d) Passed both as an ordinary resolution by a majority of all shareholders and by a majority of the independent shareholders voting on the resolution, in accordance with LR 9.2.2ER.

Votes "For" and "Against" are expressed as a percentage of votes received. Voting was conducted by a poll.

The Board notes the level of votes against resolutions 7, 10 and 13 concerning individuals who represent the Company's controlling shareholder (as defined in the Listing Rules) (the "controlling shareholder") and resolution 8 concerning the Chairman. The UK Corporate Governance Code (the "Code") contains best practice recommendations in relation to corporate governance yet acknowledges that, in individual cases, these will not all necessarily be appropriate for particular companies. Accordingly, the Code specifically recognises the concept of "Comply or Explain" in relation to divergences from the Code and the Company has explained the circumstances of these appointments in detail in its 2020 Annual Report.

The number of shares in issue at 6.30p.m. on 22 March 2021 was 596,198,205, of which 257,364,510 were held by shareholders other than the controlling shareholder.

The full text of the resolutions can be found in the Notice of Annual General Meeting, which is available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and also on the Company's website at www.mbplc.com.

Denise Burton

Deputy Company Secretary

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