28th Apr 2026 15:53
RESULT OF AGM
OCADO GROUP PLC
28 April 2026
Ocado Group plc
Annual General Meeting 2026 Results
Ocado Group plc ("Ocado") held its Annual General Meeting (the "AGM") on 28 April 2026.
Resolutions 1 to 18 (inclusive) were passed as ordinary resolutions; resolutions 19 to 22 (inclusive) were passed as special resolutions. Results of the poll for each resolution are shown in the table below.
Resolutions | For | Against | Total Votes | Votes Withheld | |||
Votes | % | Votes | % | ||||
1. | To receive the Annual Report and Accounts | 595,494,059 | 99.80% | 1,211,364 | 0.20% | 596,705,423 | 784,910 |
2. | Approval of the Directors' Remuneration Report | 501,407,341 | 84.06% | 95,057,327 | 15.94% | 596,464,668 | 1,025,665 |
3. | To elect Cathy Graham as a Director of the Company | 596,534,007 | 99.95% | 298,021 | 0.05% | 596,832,028 | 658,305 |
4. | To re-elect Adam Warby as a Director of the Company | 592,635,525 | 99.30% | 4,190,365 | 0.70% | 596,825,890 | 664,443 |
5. | To re-elect Tim Steiner as a Director of the Company | 596,433,415 | 99.93% | 413,978 | 0.07% | 596,847,393 | 642,940 |
6. | To re-elect Stephen Daintith as a Director of the Company | 595,984,841 | 99.86% | 851,851 | 0.14% | 596,836,692 | 653,641 |
7. | To re-elect Jörn Rausing as a Director of the Company | 583,976,367 | 97.85% | 12,845,889 | 2.15% | 596,822,256 | 668,077 |
8. | To re-elect Andrew Harrison as a Director of the Company | 581,365,790 | 97.41% | 15,456,903 | 2.59% | 596,822,693 | 667,640 |
9. | To re-elect Julie Southern as a Director of the Company | 583,475,895 | 97.76% | 13,349,994 | 2.24% | 596,825,889 | 664,444 |
10. | To re-elect Nadia Shouraboura as a Director of the Company | 585,134,188 | 98.04% | 11,689,339 | 1.96% | 596,823,527 | 666,806 |
11. | To re-elect Julia M. Brown as a Director of the Company | 587,678,860 | 98.47% | 9,147,866 | 1.53% | 596,826,726 | 663,607 |
12. | To re-elect Rachel Osborne as a Director of the Company | 548,246,779 | 91.86% | 48,577,721 | 8.14% | 596,824,500 | 665,833 |
13. | To re-elect Gavin Patterson as a Director of the Company | 588,308,839 | 98.57% | 8,514,784 | 1.43% | 596,823,623 | 666,710 |
14. | To re-appoint Deloitte LLP as auditor | 584,814,675 | 98.00% | 11,919,271 | 2.00% | 596,733,946 | 756,387 |
15. | To authorise the Audit Committee, on behalf of the Board, to determine the auditor's remuneration | 596,348,095 | 99.92% | 463,214 | 0.08% | 596,811,309 | 679,024 |
16. | Authority for political donations and political expenditure | 570,000,727 | 95.50% | 26,853,943 | 4.50% | 596,854,670 | 635,663 |
17. | Authority to allot shares up to one-third of issued share capital | 568,421,587 | 95.23% | 28,457,293 | 4.77% | 596,878,880 | 611,453 |
18. | Authority to allot shares in connection with a pre-emptive offer only | 594,432,586 | 99.59% | 2,421,342 | 0.41% | 596,853,928 | 636,405 |
19. | General authority to disapply pre-emption rights* | 529,214,697 | 88.68% | 67,579,252 | 11.32% | 596,793,949 | 696,384 |
20. | Additional authority to disapply pre-emption rights* | 527,624,545 | 88.41% | 69,168,605 | 11.59% | 596,793,150 | 697,183 |
21. | Authority to purchase own shares* | 596,697,262 | 99.98% | 127,234 | 0.02% | 596,824,496 | 665,837 |
22. | Notice of general meetings* | 595,453,946 | 99.76% | 1,456,453 | 0.24% | 596,910,399 | 579,934 |
* Special Resolution
As required by the Listing Rules of the Financial Conduct Authority, a copy of certain resolutions have been submitted to the Financial Conduct Authority via the National Storage Mechanism. This document will be available shortly for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
A copy of the Annual General Meeting results will be available on Ocado's website: www.ocadogroup.com.
Person responsible for arranging the release of this announcement:
Ruth Westley
Interim Director of Corporate Governance
Ocado Group plc
Buildings One & Two Trident Place,
Mosquito Way,
Hatfield
Hertfordshire, AL10 9UL
Ocado Group plc LEI: 213800LO8F61YB8MBC74
Notes:
(i) Votes 'withheld' are not votes under English law and so have not been included in the calculation of whether a resolution is carried. Percentages have been rounded to two decimal places.
(ii) As at 7.00am on 28 April 2026, the Company's issued share capital was 841,964,346 ordinary shares of 2p each admitted to trading. The Company does not hold any ordinary shares in treasury. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of the Company. Of these issued ordinary shares: (1) 4,720,480 shares are held by Computershare Trustees Limited, the trustee for the Company's employee Share Incentive Plan, who must vote, at the request of a participant, in respect of ordinary shares held by the trustee on behalf of that participant; (2) 536,438 shares are held by Wealth Nominees Limited, and 10,053,170 shares are held by Winterflood Client Nominees Limited, both on behalf of Ocorian Limited, the independent company which is the trustee of Ocado's Employee Benefit Trust (the "EBT Trustee"). The EBT Trustee has waived its right to exercise its voting rights and to receive dividends in respect of 10,053,170 ordinary shares, although it may vote in respect of 536,438 ordinary shares which have vested under the joint share ownership scheme and remain in the trust, at the request of a participant. The total of 10,589,608 ordinary shares held by the EBT Trustee are treated as treasury shares in the group's consolidated balance sheet in accordance with IAS 32 ''Financial Instruments: Presentation''. As such, calculations of earnings per share for Ocado exclude 10,589,608 ordinary shares held by the EBT Trustee.
Related Shares:
Ocado