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26/01/2022

Annual General Meeting 2022

Mitchells & Butlers company news

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, 25 January 2022, at 9.00a.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. Resolution 14 was passed as a special resolution. All other resolutions were passed as ordinary resolutions and, in the case of resolutions 4 and 9, were also passed by a majority of the independent shareholders voting on the resolution, in accordance with LR 9.2.2ER.



VOTES FOR
(a)
%VOTES
AGAINST
%VOTES TOTAL% of ISC VOTEDVOTES
WITHHELD
(b)
1 Receipt of accounts 528,157,410 100.00 23,032 0.00 528,180,442 88.50% 219,131
2 Approval of Annual Report on Remuneration 414,751,850 78.51 113,547,459 21.49 528,299,309 88.52% 100,541
3 Re-elect Keith Browne 469,018,502 90.08 51,658,775 9.92 520,677,277 87.24% 7,723,073
4 Re-elect Dave Coplin 506,035,817 95.78 22,303,294 4.22 528,339,111 88.52% 60,648
5 Re-elect Eddie Irwin 402,840,812 77.37 117,834,541 22.63 520,675,353 87.24% 7,724,906
6 Re-elect Bob Ivell 381,914,900 72.28 146,438,162 27.72 528,353,062 88.53% 47,197
7 Re-elect Tim Jones 515,365,286 97.54 12,982,589 2.46 528,347,875 88.53% 51,884
8 Re-elect Josh Levy 392,388,251 75.36 128,288,198 24.64 520,676,449 87.24% 7,723,810
9 Re-elect Jane Moriarty 505,850,339 95.74 22,494,309 4.26 528,344,648 88.53% 54,936
10 Re-elect Phil Urban 515,279,476 97.53 13,067,807 2.47 528,347,283 88.53% 52,976
11 Appointment of auditor 528,021,598 99.94 337,394 0.06 528,358,992 88.53% 41,231
12 Auditor's remuneration 527,597,343 99.86 743,839 0.14 528,341,182 88.53% 59,077
13 Political donations 526,287,855 99.63 1,961,432 0.37 528,249,287 88.51% 150,972
14 Notice period for meetings (c) 526,155,954 99.59 2,181,684 0.41 528,337,638 88.52% 61,811
VOTES EXCLUDING THE CONTROLLING SHAREHOLDER ON THE RESOLUTIONS CONCERNING THE RE-ELECTION OF THE INDEPENDENT NON-EXECUTIVE DIRECTORS
VOTES
FOR (a)
%VOTES
AGAINST
%VOTES
TOTAL
% of ISC VOTED (excluding controlling shareholders)VOTES
WITHHELD (b)
4 Re-elect Dave Coplin (d) 167,202,122 88.23 22,303,294 11.77 189,505,416 73.45% 60,648
9 Re-elect Jane Moriarty (d) 167,016,644 88.13 22,494,309 11.87 189,510,953 73.46% 54,936

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 resolution 2 (Annual Report on Remuneration), resolutions 5 and 8 concerning individuals who represent the Company's controlling shareholder (as defined in the Listing Rules) (the "controlling shareholder"), and resolution 6 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 2021 Annual Report.

The number of shares in issue at 6.30p.m. on 23 January 2022 was 596,824,821, of which 257,991,126 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 and also on the Company's website at www.mbplc.com.

Denise Burton
Deputy Company Secretary

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