Domino's Pizza Group PLC Result of Meeting (5768E)
June 30 2023 - 9:47AM
UK Regulatory
TIDMDOM
RNS Number : 5768E
Domino's Pizza Group PLC
30 June 2023
LEI: 213800Q6ZKHAOV48JL75
DOMINO'S PIZZA GROUP PLC
RESULTS OF GENERAL MEETING
Domino's Pizza Group plc (the 'Company') announces that at its
General Meeting ('GM') held today, 30 June 2023, the following
resolutions were approved by the Company's shareholders, voting on
a poll:
RESOLUTION NO OF VOTES % NO OF VOTES % TOTAL VOTES NO OF
FOR AGAINST CAST (EXCLUDING VOTES WITHHELD
VOTES WITHHELD)
ORDINARY RESOLUTIONS
1. Amendment's
to the Directors'
Remuneration
Policy 246,079,757 76.70% 74,762,707 23.30% 320,842,464 44,109,026
------------ ------- ------------ ------- ----------------
2. Amendment's
to the 2022
Long Term
Incentive
Plan 247,193,161 77.05% 73,644,607 22.95% 320,837,768 44,109,026
------------ ------- ------------ ------- ----------------
At the date of the meeting, the Company had 416,664,377 shares
in issue which confer voting rights. This includes 200,000 shares
pending settlement as part of the GBP20m share buyback programme,
announced on 4 May 2023. The highest number of votes cast on any
resolution (excluding votes withheld) was 320,842,464, which
represents approximately 77% of total voting rights held by
shareholders.
Prior to the GM, the Remuneration Committee engaged in an
extensive consultation process with the Company's major
shareholders regarding its proposals. The Board considers that the
amendments to the Remuneration Policy and Long-term Incentive Plan
were necessary to attract and retain a proven world-class talent as
permanent Chief Executive Officer who the Board believes can,
together with the senior management team, drive a significant
increase in shareholder value. A significant majority of
shareholders supported the Board's approach and have approved the
necessary resolutions. However, approximately 23% of shareholders
voting against the resolutions. The Remuneration Committee will
continue to engage with shareholders to ensure that it understands
their views and is able to consider shareholders' feedback.
In accordance with the UK Corporate Governance Code, the Board
will publish an update on this engagement within six months of the
GM.
In accordance with Listing Rules 9.6.2 R, 9.6.3(1) R and 9.6.18
R, copies of the resolutions passed by the Company have been
submitted to the National Storage Mechanism and are available for
inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
Enquiries:
Adrian Bushnell
Company Secretary
01908 580000
About Domino's Pizza Group
Domino's Pizza Group plc is the UK's leading pizza brand and a
major player in the Irish market. We hold the master franchise
agreement to own, operate and franchise Domino's stores in the UK
and the Republic of Ireland.
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END
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