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Result of AGM

17th Apr 2025 15:39

RNS Number : 5262F
BP PLC
17 April 2025
 

BP p.l.c.

Annual General Meeting (AGM) 2025 poll results

BP p.l.c. held its AGM on 17 April 2025 and announces the results of the voting below.

In accordance with UK Listing Rule 6.4.2, copies of the resolutions passed at the AGM, other than resolutions concerning ordinary business, have been submitted to the National Storage Mechanism and will shortly be available for inspection.

Votes For

%

Votes Against

%

Total Votes Cast (excluding withheld)

% of issued share capital voted*

 

Votes Withheld**

Resolution 1: Annual Report and Accounts

9,078,414,693

 

97.60

 

223,259,294

 

2.40

 

9,301,673,987

 

58.02

 

38,829,961

 

Resolution 2: Directors' remuneration report

8,889,116,170

 

95.54

 

414,681,944

 

4.46

 

9,303,798,114

 

58.04

 

36,686,921

 

Resolution 3: To re-elect Helge Lund as a director***

7,038,590,935

 

75.72

 

2,257,012,550

 

24.28

 

9,295,603,485

 

57.98

 

44,899,164

 

Resolution 4: To re-elect Murray Auchincloss as a director

8,701,952,469

 

97.28

 

243,037,484

 

2.72

 

8,944,989,953

 

55.80

 

395,511,861

 

Resolution 5: To re-elect Kate Thomson as a director

9,191,792,159

 

98.67

 

124,036,365

 

1.33

 

9,315,828,524

 

58.11

 

24,673,290

 

Resolution 6: To re-elect Dame Amanda Blanc as a director

8,639,007,982

 

95.64

 

393,577,935

 

4.36

 

9,032,585,917

 

56.34

 

307,909,187

 

Resolution 7: To re-elect Tushar Morzaria as a director

8,895,905,650

 

95.54

 

415,626,920

 

4.46

 

9,311,532,570

 

58.08

 

28,958,740

 

Resolution 8: To re-elect Melody Meyer as a director

8,651,712,219

 

92.90

 

660,888,420

 

7.10

 

9,312,600,639

 

58.09

 

27,890,663

 

Resolution 9: To re-elect Pamela Daley as a director

8,962,565,167

 

96.24

 

349,740,269

 

3.76

 

9,312,305,436

 

58.09

 

28,185,867

 

Resolution 10: To re-elect Karen Richardson as a director

9,044,374,295

 

97.14

 

266,401,115

 

2.86

 

9,310,775,410

 

58.08

 

29,722,610

 

Resolution 11: To re-elect Satish Pai as a director

9,069,372,771

 

97.41

 

241,202,341

 

2.59

 

9,310,575,112

 

58.08

 

29,922,902

 

Resolution 12: To re-elect Hina Nagarajan as a director

9,072,450,547

 

97.44

 

237,977,596

 

2.56

 

9,310,428,143

 

58.08

 

30,069,876

 

Resolution 13: To re-elect Dr Johannes Teyssen as a director

9,031,721,064

 

97.00

 

279,309,927

 

3.00

 

9,311,030,991

 

58.08

 

29,465,978

 

Resolution 14: To elect Ian Tyler as a director

9,048,789,382

 

97.19

 

261,550,080

 

2.81

 

9,310,339,462

 

58.08

 

30,158,557

 

Resolution 15: Reappointment of auditor

9,093,732,383

 

97.72

 

212,291,956

 

2.28

 

9,306,024,339

 

58.05

 

34,523,812

 

Resolution 16: Remuneration of auditor

9,259,537,642

 

99.45

 

50,859,551

 

0.55

 

9,310,397,193

 

58.08

 

30,088,921

 

Resolution 17: Political donations and political expenditure

9,019,721,070

 

97.33

 

247,755,323

 

2.67

 

9,267,476,393

 

57.81

 

73,010,401

 

Resolution 18: Approval of the BP Share Award Plan 2025

9,203,073,538

 

98.91

 

101,647,483

 

1.09

 

9,304,721,021

 

58.04

 

35,765,775

 

Resolution 19: Approval of the BP Global Share Match 2025

9,212,295,126

 

99.02

 

91,419,580

 

0.98

 

9,303,714,706

 

58.03

 

36,772,091

 

Resolution 20: Directors' authority to allot shares (section 551)

8,904,799,957

 

95.73

 

397,176,897

 

4.27

 

9,301,976,854

 

58.02

 

38,509,938

 

Resolution 21: Special resolution: Authority for disapplication of pre-emption rights (section 561)

9,153,285,585

 

98.63

 

126,790,308

 

1.37

 

9,280,075,893

 

57.89

 

60,410,900

 

Resolution 22: Special resolution: Additional authority for disapplication of pre-emption rights (section 561)

9,157,512,880

 

98.67

 

123,691,364

 

1.33

 

9,281,204,244

 

57.89

 

59,282,549

 

Resolution 23: Special resolution: Share buyback

9,249,104,789

 

99.35

 

60,413,572

 

0.65

 

9,309,518,361

 

58.07

 

30,967,018

 

Resolution 24: Special resolution: Notice of general meetings

8,734,442,138

 

93.79

 

578,076,319

 

6.21

 

9,312,518,457

 

58.09

 

27,960,209

 

 

* Total voting rights of the shares in issue excluding Treasury shares as at 15 April 2025 (being the time at which shareholders had to be on the Company's shareholder register in order to be eligible to vote)16,031,310,455. 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.

*** On 4 April 2025, bp announced that the board of directors had initiated a succession process to select a new chair, after Helge Lund informed the board of his intention to step down in due course. The succession process is well underway. Whilst it progresses, the board will continue to consult with its shareholders to understand the reason behind the result for resolution 3 on the re-election of Helge Lund and will provide an update on the views received from shareholders and the actions taken within six months of today's meeting.

 

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