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J Sainsbury : AGM 2026 Special resolutions passed
J Sainsbury : AGM 2026 Special resolutions
About this update from J Sainsbury Plc
Company Number: 00185647 J Sainsbury plc 2 July 2026 RESOLUTIONS At the Annual General Meeting of the Company 2 July 2026 at Leonardo Royal Hotel London St Paul's, 10 Godliman Street, London, EC4V 5AJ, the following resolutions were duly passed as special resolutions. Resolution 19 - General authority to disapply pre-emption rights That, subject to the passing of Resolution 18, the Directors be authorised to allot equity securities (as defined in section 560(1) of the 2006 Act) wholly for cash pursuant to the authority given by Resolution 18 or to sell equity securities held by the Company as treasury shares for cash, as if section 561(1) of the 2006 Act did not apply to any such allotment or sale, in each case: i. in connection with a pre-emptive offer; and ii. otherwise than in connection with a pre-emptive offer, up to an aggregate nominal amount of £65,005,200 and, iii. otherwise than under paragraphs (i) and (ii) above, allotments up to an aggregate nominal amount equal to 20% of any allotment made from time to time under paragraph (ii) above, such authority to be used only for the purposes of making a follow-on offer which the Directors determine to be of a kind contemplated by paragraph 3 of Section 2B of the Statement of Principles on Disapplying Pre-Emption Rights most recently published by the Pre-Emption Group prior to the date of this Notice, such authority to expire at the end of the annual general meeting of the Company in 2027 or at the close of business on 27 August 2027, whichever is the earlier, but, in each case, so that the Company may, before such expiry, make offers and enter into agreements which would, or might, require equity securities to be allotted and treasury shares to be sold after the authority given by this resolution has expired and the Directors may allot equity securities and sell treasury shares under any such offer or agreement as if the authority had not expired. For the purposes of this resolution, pre-emptive offer has the same meaning as in Resolution 18, references to an allotment of equity securities shall include a sale of treasury shares and the nominal amounts of any securities shall be taken to be, in the case of rights to subscribe for or convert any securities into shares of the Company, the nominal amount of such shares which may be allotted pursuant to such rights. Resolution 20 - Authority to allot equi...