Coca-Cola European Partners plc – Results of 2018 Annual General Meeting
The Annual General Meeting of Coca-Cola European Partners plc (the “Company”) was held at 22 Duchess Mews, London W1G 9DT on 31 May 2018.
All 18 resolutions put to the members were passed on a poll. Accordingly, resolutions 1 to 14 were passed as ordinary resolutions and resolutions 15 to 18 were passed as special resolutions.
The results of the polls are set out below:
|Resolution||For (see note 1)||Against (see note 1)||Votes withheld (see note 2)|
|1||Receipt of the Report and Accounts||423,135,290||99.99||23,107||0.01||29,917|
|2||Approval of the Directors’ Remuneration Report||422,680,780||99.91||376,900||0.09||130,634|
|3||Election of Francisco Crespo Benítez as a director of the Company||416,863,615||98.52||6,277,705||1.48||46,994|
|4||Election of Álvaro Gómez-Trénor Aguilar as a director of the Company||416,857,618||98.52||6,282,018||1.48||48,678|
|5||Re-election of José Ignacio Comenge Sánchez-Real as a director of the Company||416,858,443||98.52||6,267,354||1.48||62,517|
|6||Re-election of Irial Finan as a director of the Company||397,954,294||94.08||25,039,411||5.92||194,609|
|7||Re-election of Damian Gammell as a director of the Company||419,310,508||99.10||3,823,772||0.90||54,034|
|8||Re-election of Alfonso Líbano Daurella as a director of the Company||416,857,939||98.52||6,265,343||1.48||65,032|
|9||Re-election of Mario Rotllant Solá as a director of the Company||408,298,361||96.53||14,693,487||3.47||196,466|
|10||Reappointment of the Auditor||433,701,784||99.73||1,180,387||0.27||47,794|
|11||Remuneration of the Auditor||434,629,031||99.96||189,924||0.04||111,010|
|13||Authority to allot new shares||380,555,716||89.95||42,529,314||10.05||103,284|
|14||Waiver of mandatory offer provisions set out in Rule 9 of the Takeover Code (see note 4)||213,258,516||83.06||43,509,058||16.94||166,420,740|
|15||Authority to disapply pre-emption rights||422,851,283||99.95||198,631||0.05||138,400|
|16||Authority to purchase own shares on market||422,675,013||99.97||118,219||0.03||395,082|
|17||Authority to purchase own shares off market||422,620,817||99.96||156,131||0.04||411,366|
|18||Notice period for general meetings other than AGM||419,422,939||99.13||3,683,878||0.87||81,497|
|1||Votes “For” and “Against” are expressed as a percentage of votes received.|
|2||A “Vote Withheld” is not a vote in law and is not counted in the calculation of the proportion of votes “For” or “Against” a resolution.|
|3||As at 11.00am on Tuesday 29 May 2018, the time by which shareholders who wanted to attend, speak and vote at the AGM must have been entered on the Company’s register of members, there were 485,880,011 ordinary shares in issue. 87.10% of the issued, voting share capital was instructed.|
|4||Resolution 14 was put to the AGM as a resolution of the shareholders of the Company other than Olive Partners, S.A. (“Olive”) or any concert party of Olive.|
In particular, in accordance with Section 6(A) of Appendix 1 to the Takeover Code, the Company announces that shareholders approved resolution 14, setting out the terms of the waiver of mandatory offer provisions in Rule 9 of the Takeover Code (the “Waiver”).
Olive is currently interested in 166,128,987 shares in the Company and the Waiver does not entitle Olive to be interested in a greater number of shares. The Waiver would allow Olive’s interest in shares as a percentage of the Company’s total shares to increase as a result of the exercise of the Company’s authorities to purchase its own shares, but only to the extent that the resulting interest of Olive, together with any concert parties, in the shares of the Company did not then exceed 38.0532%.
In accordance with Listing Rule 14.3.6R, copies of the resolutions that do not constitute ordinary business at an annual general meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do
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Coca-Cola European Partners plc is a leading consumer goods company in Western Europe, selling, making and distributing an extensive range of non alcoholic ready-to-drink beverages and is the world’s largest independent Coca-Cola bottler based on revenue. Coca-Cola European Partners serves a consumer population of over 300 million across Western Europe, including Andorra, Belgium, continental France, Germany, Great Britain, Iceland, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain and Sweden. The Company is listed on Euronext Amsterdam, the New York Stock Exchange, Euronext London and on the Spanish stock exchanges, and trades under the symbol CCE. For more information about CCEP, please visit our website at www.ccep.com and follow CCEP on Twitter at @CocaColaEP.
Coca-Cola European Partners plc