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BP p.l.c.: 2021 AGM poll results

·5-min read

DGAP-News: BP p.l.c. / Key word(s): Miscellaneous
12.05.2021 / 19:00
The issuer is solely responsible for the content of this announcement.

BP p.l.c

 

AGM 2021 poll results

 

BP p.l.c. held its Annual General Meeting on 12 May 2021 and announces the results of the voting below:

 

 


Votes
For



%


Votes
Against



%

Total Votes Cast (excluding withheld)

% of issued share capital voted*
 



Votes Withheld**

Resolution 1: Report and accounts

11,658,091,914

98.57

168,905,789

1.43

11,826,997,703

58.23

90,367,351

Resolution 2: Directors' remuneration report

11,135,068,136

95.20

561,740,530

4.80

11,696,808,666

57.59

220,577,221

Resolution 3 (a): To elect Mr M Auchincloss as a director

11,779,114,964

99.43

66,966,098

0.57

11,846,081,062

58.33

71,273,944

Resolution 3 (b): To elect Mr T Morzaria as a director

11,764,225,393

99.34

77,630,646

0.66

11,841,856,039

58.30

75,498,274

Resolution 3 (c): To elect Mrs K Richardson as a director

11,788,568,396

99.51

58,061,613

0.49

11,846,630,009

58.33

70,709,551

Resolution 3 (d): To elect Dr J Teyssen as a director

11,786,938,495

99.51

57,907,358

0.49

11,844,845,853

58.32

72,508,460

Resolution 3 (e): To re-elect Mr B Looney as a director

11,637,651,838

98.23

210,124,092

1.77

11,847,775,930

58.33

69,587,770

Resolution 3 (f): To re-elect Miss P Daley as a director

11,747,305,190

99.16

99,825,722

0.84

11,847,130,912

58.33

70,223,401

Resolution 3 (g): To re-elect Mr H Lund as a director

11,571,336,811

97.68

274,679,769

2.32

11,846,016,580

58.33

71,338,420

Resolution 3 (h): To re-elect Mrs M B Meyer as a director

11,618,124,973

99.25

87,254,151

0.75

11,705,379,124

57.63

211,975,195

Resolution 3 (i): To re-elect Mrs P R Reynolds as a director

11,623,969,198

98.12

222,686,815

1.88

11,846,656,013

58.33

70,698,300

Resolution 3 (j): To re-elect Sir J Sawers as a director

11,783,254,008

99.47

62,200,616

0.53

11,845,454,624

58.32

71,920,523

Resolution 4: Reappointment of auditor

11,815,390,328

99.68

38,271,500

0.32

11,853,661,828

58.36

63,678,912

Resolution 5: Remuneration of auditor

11,788,155,982

99.53

55,945,495

0.47

11,844,101,477

58.32

73,261,489

Resolution 6: Political donations and political expenditure

11,483,983,651

97.01

353,610,504

2.99

11,837,594,155

58.28

79,764,259

Resolution 7: Renewal of the Scrip Dividend Programme

11,745,736,511

99.27

86,302,941

0.73

11,832,039,452

58.26

85,326,270

Resolution 8: Limited authority to allot shares up to a specified amount

10,907,898,150

92.12

933,200,413

7.88

11,841,098,563

58.30

76,256,215

Resolution 9: Special resolution: Authority to allot a limited number of shares for cash free of pre-emption rights

11,671,861,491

98.73

150,587,870

1.27

11,822,449,361

58.21

94,907,655

Resolution 10: Special resolution: Additional authority to allot a limited number of shares for cash free of pre-emption rights

11,254,658,616

95.18

569,832,734

4.82

11,824,491,350

58.22

92,887,900

Resolution 11: Special resolution: share buyback

11,570,621,952

98.00

236,175,710

2.00

11,806,797,662

58.13

110,581,318

Resolution 12: Special resolution: notice of general meetings

10,855,141,740

91.59

996,734,596

8.41

11,851,876,336

58.35

65,502,914

Resolution 13: Special resolution: Follow This shareholder resolution on climate change targets

2,379,179,781

20.65

9,144,857,306

79.35

11,524,037,087

56.74

393,351,549

 

* Total voting rights of the shares in issue excluding Treasury shares: 20,310,258,178

Every shareholder has one vote for every ordinary share held and two votes for every £5 in nominal amount of bp preference shares held.

** Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.

 

Resolution 13

We note that Resolution 13, a shareholder resolution on climate change targets, that the board of directors recommended not to approve, has been rejected by shareholders. However, we recognise that some shareholders (20.65% of votes cast) chose to support this resolution.

We will continue to engage with shareholders on our strategy, targets and aims so as to ensure their views are fully understood. We will publish an update on this engagement, in accordance with the UK Corporate Governance Code, within six months of the 2021 AGM.

 

Board changes

As previously announced, Professor Dame Ann Dowling and Brendan Nelson did not stand for re-election at the AGM. Following the conclusion of the AGM, Tushar Morzaria has been appointed as chair of the audit committee and Karen Richardson has become a member of the audit committee.

This notice is given in fulfilment of the obligations under paragraph 9.6.11R of the Listing Rules.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.


12.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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