Coca-Cola Europacific Partners Encourages Shareholders to Vote for All AGM Resolutions Despite Opposition
May 15 2023 - 11:21AM
Dow Jones News
By Kyle Morris
Coca-Cola Europacific Partners said Monday that it is
encouraging shareholders to vote for all resolutions at its annual
general meetings after Institutional Shareholder Services
recommended voting against certain resolutions.
The company said that ISS recommend voting against resolution 3
for the approval of the directors' remuneration report, resolution
24 for the waiver of mandatory offer provisions set out in the
takeover code, resolution 7 regarding the reelection of Manolo
Arroyo and resolution 9 regarding the reelection of Jose Ignacio
Comenge.
The CCEP board and management said they believe the resolutions
are in the best interests of shareholders.
Shares at 1441 GMT were down 56.37 pence, or 1.1%, at 5,258.96
pence.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
May 15, 2023 11:06 ET (15:06 GMT)
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