TIDMCCH
RNS Number : 6898P
Coca-Cola HBC AG
21 June 2022
FOR IMMEDIATE RELEASE
Coca-Cola HBC AG
Results of Annual General Meeting of Coca-Cola HBC AG
Zug, Switzerland - 21 June 2022 - Coca-Cola HBC AG ("Coca-Cola
HBC") today announces that all of the proposals of the Board of
Directors (the "Board") set out in the notice of the annual general
meeting ("AGM") dated 19 May 2022 were duly passed by the requisite
majority of shareholders at its AGM held today, 21 June 2022. The
final results are set out below. A copy of the resolutions passed
at the AGM has also been submitted to the National Storage
Mechanism and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on
Coca-Cola HBC's website at www.coca-colahellenic.com .
The AGM approved a dividend of EUR 0.71 per share ("Dividend")
out of the general capital contribution reserve, capped at an
amount of CHF 300,000,000. Payment of the full amount of the
Dividend will be made on 2 August 2022 to holders of ordinary
shares on the record date of 8 July 2022. The shares are expected
to be traded ex-dividend as of 7 July 2022, in which case the last
day on which the shares may be traded with the entitlement to
receive dividends will be 6 July 2022.
Resolutions 7 and 9, the advisory votes to approve the UK
Remuneration Report and the Swiss Remuneration Report, were passed
with approximately 67.17% of the votes cast. Resolution 4.3 in
relation to the re-election of Charlotte J. Boyle, Chair of the
Remuneration Committee, was also passed with approximately 78.11%
of the votes cast. Consequently the Board will initiate a
consultation with shareholders on its approach to remuneration
which will take place between now and the next AGM in 2023,
ensuring as many shareholders as possible are able to provide their
feedback on remuneration matters and on an approach to remuneration
that aligns as closely as possible with the balance of shareholder
views. All other resolutions were passed with high levels of
support ranging between approximately 86.54 and 99.94% and
shareholders were supportive of Resolution 8 on the Remuneration
Policy, which was passed with the support of approximately 96.03%
of the votes cast.
Final Ballot Results
Votes
not
Total cast Voting
Votes Votes ( (2) Rights
Proposal Votes % Against % Abs- % Cast () Repre-
sented
% (
tentions (3)
for (1) (1) Cast (1) ()
Receipt of the
2021 Integrated
Annual Report,
as well as approval
of the annual
management report,
the stand-alone
financial statements
and the consolidated 99.92 0.03 0.05 73.71
1 . financial statements 269864913 % 86028 % 137729 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
2.1 Appropriation 99.93 0.06 0.01 73.71
. of losses 269925704 % 148603 % 14363 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Declaration
2.2 of dividend 99.92 0.07 0.01 73.71
. from reserves 269890537 % 187270 % 10863 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Discharge of
the members
of the Board
of Directors
and the members
of the Executive 96.77 1.09 2.14 73.47
3 . Leadership Team 260526456 % 2939260 % 5760784 % 269226500 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Anastassis
G. David as
a member of
the Board of
Directors and
as the Chairman
4.1 of the Board 91.31 7.90 0.79 73.71
. of Directors 246638953 % 21327040 % 2122677 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Zoran Bogdanovic
as a member
4.2 of the Board 98.25 1.73 0.02 73.71
. of Directors 265369588 % 4660617 % 58465 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Charlotte
J. Boyle as
a member of
the Board of
Directors and
as a member
4.3 of the Remuneration 78.11 21.88 0.01 73.71
. Committee 210964697 % 59107472 % 16501 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Reto Francioni
as a member
of the Board
of Directors
and as a member
4.4 of the Remuneration 86.54 13.35 0.11 73.71
. Committee 233729847 % 36065395 % 293428 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Olusola (Sola)
David-Borha
as a member
4.5 of the Board 98.43 1.56 0.01 73.71
. of Directors 265872879 % 4202990 % 12801 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of William W.
(Bill) Douglas
III as a member
4.6 of the Board 98.26 1.70 0.04 73.71
. of Directors 265384910 % 4597888 % 105872 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Anastasios
I. Leventis
as a member
4.7 of the Board 95.98 4.01 0.01 73.71
. of Directors 259245411 % 10831867 % 11392 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Christodoulos
(Christo) Leventis
as a member
4.8 of the Board 96.13 3.86 0.01 73.71
. of Directors 259650806 % 10427168 % 10696 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Alexandra
Papalexopoulou
as a member
4.9 of the Board 86.93 13.06 0.01 73.71
. of Directors 234814094 % 35262820 % 11756 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Ryan Rudolph
as a member
4.10 of the Board 95.24 4.75 0.01 73.71
. of Directors 257233915 % 12842650 % 12105 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Anna
Diamantopoulou
as a member
of the Board
of Directors
and as a member
4.11 of the Remuneration 93.67 6.32 0.01 73.71
. Committee 253007955 % 17067263 % 13452 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Bruno Pietracci
as a member
4.12 of the Board 95.27 4.48 0.25 73.71
. of Directors 257328585 % 12092001 % 668084 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
of Henrique
Braun as a member
4.13 of the Board 95.28 4.46 0.26 73.71
. of Directors 257328864 % 12044465 % 715341 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Election of
the independent 99.95 0.04 0.01 73.71
5 . proxy 269972863 % 102789 % 13018 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Re-election
6.1 of the statutory 98.49 1.50 0.01 73.71
. auditor 266026652 % 4051262 % 10756 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Advisory vote
on re-appointment
of the independent
registered public
6.2 accounting firm 98.46 1.53 0.01 73.71
. for UK purposes 265942622 % 4133626 % 12422 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Advisory vote
on the UK
Remuneration 67.17 32.82 0.01 73.71
7 . Report 181440565 % 88630436 % 17669 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Advisory vote
on the Remuneration 96.03 3.96 0.01 73.71
8 . Policy 259376317 % 10695685 % 16668 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Advisory vote
on the Swiss
Remuneration 67.17 32.82 0.01 73.71
9 . Report 181440565 % 88630436 % 17669 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Approval of
the maximum
aggregate amount
of remuneration
for the Board
of Directors
until the next
10.1 annual general 99.92 0.08 73.71
. meeting 269821962 % 204088 % 62620 n.a. 270026050 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Approval of
the maximum
aggregate amount
of remuneration
for the Executive
Leadership Team
10.2 for the next 98.89 1.11 73.71
. financial year 267013278 % 2998680 % 76712 n.a. 270011958 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
11 Approval of 99.69 0.06 0.25 73.71
. share buy-back 269233757 % 174320 % 680593 % 270088670 0 %
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
Approval of
the amendments
to the articles
11, 16, 27,
30, 32, 33,
34, 35, 36,
37 and 38 of
the Articles
of Association
regarding the
replacement
of the term
"Operating Committee"
by the term
12 "Executive Leadership 99.94 0.04 0.02 73.71
. Team" 269906090 % 120093 % 62487 % 270088670 0 %
( 0.00
)
---------------------- ---------- ------ --------- ------ ----------- ------ ---------- -------- ---------
(1) Percentages refer to applicable majority. Proposals 1-9 and
11 require approval by an absolute majority of the votes validly
cast (including consenting and dissenting votes and abstentions).
Proposals 10.1 and 10.2 require approval by a relative majority of
the votes validly cast (including consenting and dissenting votes
without abstentions). Proposal 12 requires approval by a majority
of at least two-thirds of the voting rights represented and an
absolute majority of the nominal value of shares represented.
(2) Votes represented at the AGM but not (or not validly)
cast.
(3) Shares represented at the AGM for each proposal as a
percentage of Coca-Cola HBC's outstanding voting rights, whether
exercisable or not. As at the date of the AGM, Coca-Cola HBC's
issued share capital consisted of 371,809,001 ordinary shares, of
which 1,956,582 ordinary shares are held by Coca-Cola HBC AG and
3,430,135 shares are held by its subsidiary, COCA-COLA HBC SERVICES
MEPE, in treasury. Accordingly, the total number of outstanding
voting rights (whether exercisable or not) in Coca-Cola HBC AG was
366,422,284.
Following the re-election of all the directors as set out above,
the composition of each of the Board Committees remains
unchanged.
Enquiries
Coca--Cola HBC Group
Investors and Analysts:
Joanna Kennedy Tel: +44 7802 427505
Investor Relations joanna.kennedy@cchellenic.com
Director
Jemima Benstead Tel: + 44 7740 535130
Investor Relations jemima.benstead@cchellenic.com
Manager
Marios Matar Tel: +30 697 444 3335
Investor Relations marios.matar@cchellenic.com
Manager
Media:
David Hart Tel: +41 41 726 0143
Group Communication david.hart@cchellenic.com
Director
About Coca--Cola HBC
Coca-Cola HBC is a growth-focused consumer packaged goods
business and strategic bottling partner of The Coca-Cola Company.
We create value for all our stakeholders by supporting the
socio-economic development of the communities in which we operate
and we believe building a more positive environmental impact is
integral to our future growth. Together, we and our customers serve
715 million consumers across a broad geographic footprint of 29
countries on three continents. Our portfolio is one of the
strongest, broadest and most flexible in the beverage industry,
offering consumer-leading beverage brands in the sparkling, juice,
water, sport, energy, plant-based, ready-to-drink tea, coffee,
adult sparkling and premium spirits categories. These beverages
include Coca-Cola, Coca-Cola Zero, Schweppes, Kinley, Costa,
Valser, Romerquelle, Fanta, Sprite, Powerade, FuzeTea, Dobry,
Cappy, Monster and Adez. We foster an open and inclusive work
environment amongst our 36,000 employees and we are ranked among
the top sustainability performers in ESG benchmarks such as the Dow
Jones Sustainability Indices, CDP, MSCI ESG and FTSE4Good.
Coca-Cola HBC has a premium listing on the London Stock Exchange
(LSE:CCH) and is listed on the Athens Exchange (ATHEX:EEE). For
more information, please visit
https://www.coca-colahellenic.com/
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
RAGEASKFAADAEFA
(END) Dow Jones Newswires
June 21, 2022 11:28 ET (15:28 GMT)
Coca-cola Hbc (LSE:CCH)
Historical Stock Chart
From Mar 2024 to Apr 2024
Coca-cola Hbc (LSE:CCH)
Historical Stock Chart
From Apr 2023 to Apr 2024
