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 on 21 January 2020 held at Mitchells & Butlers plc, Retail Support Centre, Birmingham at 2.00pm. All Board Directors were in attendance.
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.
VOTES FOR (a) | % | VOTES AGAINST | % | VOTES TOTAL | % of ISC VOTED | VOTES WITHHELD (b) | ||
---|---|---|---|---|---|---|---|---|
1 | VOTES Receipt of accountsFOR (a) | % 373,312,821 | VOTES 99.96AGAINST | % 135,609 | VOTES 0.04TOTAL | % of ISC VOTED 373,448,430 | VOTES 87.01WITHHELD (b) | 186,214 |
2 | VOTES Approval of Annual Report on RemunerationFOR (a) | % 370,218,405 | VOTES 99.13AGAINST | % 3,253,219 | VOTES 0.87TOTAL | % of ISC VOTED 373,471,624 | VOTES 87.02WITHHELD (b) | 163,019 |
3 | VOTES Elect Jane MoriartyFOR (a) | % 373,252,729 | VOTES 99.91AGAINST | % 347,344 | VOTES 0.09TOTAL | % of ISC VOTED 373,600,073 | VOTES 87.05WITHHELD (b) | 34,571 |
4 | VOTES Elect Susan MurrayFOR (a) | % 373,250,961 | VOTES 99.91AGAINST | % 347,159 | VOTES 0.09TOTAL | % of ISC VOTED 373,598,120 | VOTES 87.05WITHHELD (b) | 36,524 |
5 | VOTES Re-elect Keith BrowneFOR (a) | % 296,438,344 | VOTES 81.34AGAINST | % 67,993,986 | VOTES 18.66TOTAL | % of ISC VOTED 364,432,330 | VOTES 84.91WITHHELD (b) | 9,202,313 |
6 | VOTES Re-elect Dave CoplinFOR (a) | % 372,560,929 | VOTES 99.72AGAINST | % 1,036,576 | VOTES 0.28TOTAL | % of ISC VOTED 373,597,505 | VOTES 87.05WITHHELD (b) | 37,139 |
7 | VOTES Re-elect Eddie IrwinFOR (a) | % 272,647,961 | VOTES 74.93AGAINST | % 91,202,402 | VOTES 25.07TOTAL | % of ISC VOTED 363,850,363 | VOTES 84.78WITHHELD (b) | 9,779,115 |
8 | VOTES Re-elect Bob IvellFOR (a) | % 327,066,764 | VOTES 87.68AGAINST | % 45,960,404 | VOTES 12.32TOTAL | % of ISC VOTED 373,027,168 | VOTES 86.91WITHHELD (b) | 607,796 |
9 | VOTES Re-elect Tim JonesFOR (a) | % 370,733,060 | VOTES 99.23AGAINST | % 2,870,308 | VOTES 0.77TOTAL | % of ISC VOTED 373,603,368 | VOTES 87.05WITHHELD (b) | 32,701 |
10 | VOTES Re-elect Josh LevyFOR (a) | % 281,693,501 | VOTES 77.30AGAINST | % 82,737,812 | VOTES 22.70TOTAL | % of ISC VOTED 364,431,313 | VOTES 84.91WITHHELD (b) | 9,204,435 |
11 | VOTES Re-elect Ron RobsonFOR (a) | % 269,206,065 | VOTES 73.99AGAINST | % 94,649,252 | VOTES 26.01TOTAL | % of ISC VOTED 363,855,317 | VOTES 84.78WITHHELD (b) | 9,779,327 |
12 | VOTES Re-elect Colin RutherfordFOR (a) | % 370,048,884 | VOTES 99.05AGAINST | % 3,547,261 | VOTES 0.95TOTAL | % of ISC VOTED 373,596,145 | VOTES 87.05WITHHELD (b) | 38,498 |
13 | VOTES Re-elect Phil UrbanFOR (a) | % 371,982,859 | VOTES 99.57AGAINST | % 1,619,105 | VOTES 0.43TOTAL | % of ISC VOTED 373,601,964 | VOTES 87.05WITHHELD (b) | 33,001 |
14 | VOTES Re-elect Imelda WalshFOR (a) | % 372,063,889 | VOTES 99.59AGAINST | % 1,537,012 | VOTES 0.41TOTAL | % of ISC VOTED 373,600,901 | VOTES 87.05WITHHELD (b) | 33,742 |
15 | VOTES Reappointment of auditorFOR (a) | % 372,042,942 | VOTES 99.95AGAINST | % 178,659 | VOTES 0.05TOTAL | % of ISC VOTED 372,221,601 | VOTES 86.73WITHHELD (b) | 1,413,043 |
16 | VOTES Auditor's remunerationFOR (a) | % 373,402,177 | VOTES 99.95AGAINST | % 186,477 | VOTES 0.05TOTAL | % of ISC VOTED 373,588,654 | VOTES 87.05WITHHELD (b) | 45,990 |
17 | VOTES Political donationsFOR (a) | % 372,427,914 | VOTES 99.70AGAINST | % 1,120,753 | VOTES 0.30TOTAL | % of ISC VOTED 373,548,667 | VOTES 87.04WITHHELD (b) | 85,929 |
18 | VOTES Notice period for meetings (c)FOR (a) | % 369,982,306 | VOTES 99.03AGAINST | % 3,622,189 | VOTES 0.97TOTAL | % of ISC VOTED 373,604,495 | VOTES 87.05WITHHELD (b) | 31,205 |
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) Special resolution
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 11 concerning individuals who represent one or other of our two largest shareholders. The UK Corporate Governance 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 2019 Annual Report.
The number of shares in issue at 6.30pm on Sunday 19 January 2020 was 429,188,227.
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 http://www.morningstar.co.uk/uk/NSM and also on the Company's website at www.mbplc.com.
Denise Burton
Deputy Company Secretary