9 July 2021
J Sainsbury plc
(the Company)
Results of AGM
Following the Annual General Meeting held today, J Sainsbury plc announces the results of the poll vote for each resolution as follows:
|
|
|
Votes For |
% of Votes Cast |
Votes Against |
% of Votes Cast |
Votes cast |
Votes cast as a % of ISC |
Votes Withheld1 |
|
1 |
To receive and adopt the Company's audited Annual Report and Financial Statements for the 52 weeks to 6 March 2021, together with the Reports of the Directors and auditor |
1,792,422,819 |
99.99 |
142,296 |
0.01 |
1,792,565,115 |
80.02% |
8,944,260 |
|
2 |
To approve the Annual Report on Remuneration |
1,451,672,088 |
80.61 |
349,101,055 |
19.39 |
1,800,773,143 |
80.38% |
733,825 |
|
3 |
To declare a final dividend of 7.4 pence per ordinary share in respect of the 52 weeks to 6 March 2021 |
1,797,419,784 |
99.80 |
3,573,775 |
0.20 |
1,800,993,559 |
80.39% |
515,816 |
|
4
|
To elect Adrian Hennah as a Director |
1,797,770,567 |
99.83 |
3,116,210 |
0.17 |
1,800,886,777 |
80.39% |
619,022 |
|
5 |
To re-elect Brian Cassin as a Director |
1,797,341,403 |
99.80 |
3,545,195 |
0.20 |
1,800,886,598 |
80.39% |
616,737 |
|
6 |
To re-elect Jo Harlow as a Director |
1,664,857,363 |
92.85 |
128,118,346 |
7.15 |
1,792,975,709 |
80.03% |
8,533,623 |
|
7 |
To re-elect Tanuj Kapilashrami as a Director |
1,703,064,813 |
94.57 |
97,825,131 |
5.43 |
1,800,889,944 |
80.39% |
619,359 |
|
8 |
To re-elect Kevin O'Byrne as a Director |
1,798,075,536 |
99.84 |
2,830,807 |
0.16 |
1,800,906,343 |
80.39% |
602,989 |
|
9 |
To re-elect Dame Susan Rice as a Director |
1,702,215,836 |
94.52 |
98,700,708 |
5.48 |
1,800,916,544 |
80.39% |
592,691 |
|
10 |
To re-elect Simon Roberts as a Director |
1,799,611,954 |
99.93 |
1,298,824 |
0.07 |
1,800,910,778 |
80.39% |
599,464 |
|
11 |
To re-elect Martin Scicluna as a Director |
1,786,903,975 |
99.22 |
14,000,514 |
0.78 |
1,800,904,489 |
80.39% |
604,814 |
|
12 |
To re-elect Keith Weed as a Director |
1,797,374,726 |
99.80 |
3,526,952 |
0.20 |
1,800,901,678 |
80.39% |
607,654 |
|
13 |
To re-appoint Ernst & Young LLP as auditor |
1,792,590,257 |
99.54 |
8,263,153 |
0.46 |
1,800,853,410 |
80.39% |
655,922 |
|
14 |
To authorise the Audit Committee to determine the auditor's remuneration |
1,800,421,015 |
99.98 |
292,339 |
0.02 |
1,800,713,354 |
80.38% |
641,128 |
|
15 |
To authorise the Directors to allot shares |
1,725,751,861 |
95.82 |
75,210,747 |
4.18 |
1,800,962,608 |
80.39% |
546,767 |
|
16 |
Authority to disapply pre-emption rights without restriction as to use (Special Resolution) |
1,793,827,993 |
99.61 |
7,019,961 |
0.39 |
1,800,847,954 |
80.38% |
661,378 |
|
17 |
Authority to disapply pre-emption rights for acquisitions or specified capital investments (Special Resolution) |
1,705,893,367 |
94.73 |
94,970,720 |
5.27 |
1,800,864,087 |
80.39% |
645,245 |
|
18 |
To authorise the Company to make 'political donations' and incur 'political expenditure' |
1,450,814,960 |
99.51 |
7,120,131 |
0.49 |
1,457,935,091 |
65.08% |
343,574,284 |
|
19 |
To authorise the Company to purchase its own shares (Special Resolution) |
1,782,093,129 |
99.19 |
14,549,901 |
0.81 |
1,796,643,030 |
80.20% |
4,863,367 |
|
20 |
To authorise the Directors to operate the J Sainsbury 1980 Savings-Related Share Option Scheme (Sharesave) |
1,799,074,459 |
99.89 |
1,918,064 |
0.11 |
1,800,992,523 |
80.39% |
517,236 |
|
21 |
To authorise the Company to call a general meeting on not less than 14 clear days' notice (Special Resolution) |
1,667,836,981 |
92.61 |
133,112,773 |
7.39 |
1,800,949,754 |
80.39% |
560,005 |
1A vote withheld is not a vote under English law and is therefore not included in the calculation of votes for and against a resolution.
The Board was pleased to see all resolutions approved by shareholders. Although Resolution 2 in respect of the Directors' Remuneration Report received the support of the majority of our shareholders, the Board notes that a minority were unsupportive of this resolution. The Remuneration Committee regularly consults with our major shareholders in order to understand their views on key decisions, and we will continue this dialogue in future years.
The total number of voting rights as at 7 July 2021 was 2,240,281,539 shares of 284/7 pence.
In accordance with Listing Rule 9.6.2, copies of the resolutions that do not constitute ordinary business at an annual general meeting have been submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
A copy of the voting results shown above will also be made available on the Company's website at https://www.about.sainsburys.co.uk/investors/shareholder-information/agm.
|
Investor Relations Enquiries |
Media Enquiries |
|
James Collins |
Rebecca Reilly |
|
+44 (0) 20 7695 0080 |
+44 (0) 20 7695 7295 |
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.
