Shepherd Neame : 2023 AGM Results Announcement

AGM Results Information

Shepherd Neame announces that its one hundred and ninth Annual General Meeting took place at The Alexander Centre, Preston Street, Faversham, on Friday 27 October 2023 at 12.00 noon.

All the Directors attended and were available for questions formally during the meeting and informally afterwards. Voting on all resolutions was taken by a show of hands; no polls were called.

The Ordinary Resolutions tabled at the meeting were as follows:

Resolution 1

To receive the Annual Report and Accounts for the financial year ended 24 June 2023, together with the Reports of the Directors and Auditor thereon.

Resolution 2

To declare a final dividend of 16.00p per ordinary share.

Resolution 3

To propose the re-election of Mr N J Bunting as a Director.

Resolution 4

To propose the re-election of Mr W J Brett as a Director.

Resolution 5

To propose the re-election of Mr K R Georgel as a Director.

Resolution 6

To re-appoint the Auditors.

Resolution 7

To authorise the Directors to determine the Auditor's remuneration.

Resolution 8

To authorise the Company to make market purchases of ordinary shares on the terms set out in the Notice of Meeting.

Proxy Results

The following table shows the proxy votes cast in favour of the Chairman for each resolution:

																						Votes
				Total			% Votes			Total			% Votes			Total			Total			Cast						No of
														Issued			as a % of			Withheld
	Resolution			Votes			Cast			Votes			Cast			Votes									Proxies
													Share			Issued			Votes**
				For *			For			Against			Against			Cast									Received
														Capital			Share
																						Capital
1		3,704,720	100.00		0		0.00		3,704,720		14,857,500		24.94		0		144
2		3,700,670	99.89		4,050		0.11		3,704,720		14,857,500		24.94		0		144
3		3,679,811	99.77		8,600		0.23		3,688,411		14,857,500		24.83		16,309		141
4		3.272.938	88.73		415,577		11.27		3,688,515		14,857,500		24.83		16,205		143
5		3,685,240	99.91		3,326		0.09		3,688,566		14,857,500		24.83		16,154		143
6		3,691.115	99.67		12,250		0.33		3,703,365		14,857,500		24.93		1,355		142
7		3,692.520	99.67		12,200		0.33		3,704,720		14,857,500		24.94		0		144
8		3,686,477	99.52		17,839		0.48		3,704,316		14,857,500		24.93		404		142

* Includes discretionary votes granted to the Chairman.

**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