47153 AG Barr Annual Report 2025 AW4 SQ WEB - Flipbook - Page 128
A.G. BARR p.l.c. Annual Report and Accounts 2025
D I R E C TO R S ’ R E P O R T
CO N TI N U ED
Employment of disabled persons
The Company strives to build an inclusive and diverse culture where all employees have the opportunity to succeed. Applications for employment by disabled
persons are always fully and fairly considered. In the event of employees becoming disabled every effort is made to ensure that their employment will continue.
The Company is committed to the fair treatment of people with disabilities regarding recruitment, training, promotion and career development.
Stakeholder engagement – section 172(1) statement
A statement on how the Company has engaged with key stakeholders, including employees, and the impact of that engagement on the Company’s strategy
and the principal decisions taken during the year is set out in the Corporate Governance Report on pages 68 to 75. This statement also summarises how the
directors have had regard to the need to foster the Company’s business relationships with suppliers, customers and others, and the effect of that regard,
including on the principal decisions taken during the year. This statement is incorporated by reference into this Directors’ Report.
Substantial shareholdings
As at 25 January 2025, the Company had been notified under Rule 5 of the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules
of the following interests in the Company’s ordinary share capital:
Lindsell Train Limited (discretionary clients)
Number of shares
% of voting rights
Type of holding
11,193,393
9.9915%
Indirect
The position as at 24 March 2025 remains the same as it did as at 25 January 2025.
Share capital
As at 25 January 2025, the Company’s issued share capital comprised a single class of ordinary shares of 4 1/6 pence each. All of the Company’s issued
ordinary shares are fully paid up and rank equally in all respects. The rights attaching to the shares are set out in the Articles. Note 27 contains details
of the ordinary share capital.
On a show of hands at a general meeting of the Company every holder of ordinary shares present in person or by proxy and entitled to vote shall have one
vote and, on a poll, every member present in person or by proxy and entitled to vote shall have one vote for every ordinary share held. The Notice of AGM
gives full details of deadlines for exercising voting rights in relation to the resolutions to be considered at the AGM. All proxy votes are counted and the numbers
for, against or withheld in relation to each resolution are announced at the AGM and published on the Company’s website after the meeting. Subject to the
relevant statutory provisions and the Articles, shareholders are entitled to a dividend where declared and paid out of profits available for such purposes.
There are no restrictions on the transfer of ordinary shares in the Company other than:
• those which may from time to time be applicable under existing laws and regulations (for example, insider trading laws); and
• pursuant to the Company’s Share Dealing Codes and applicable regulations, whereby directors and certain employees of the Company require approval
to deal in the Company’s ordinary shares and are prohibited from dealing during closed periods.
As at 25 January 2025, the Company had authority, pursuant to the shareholders’ resolution of 31 May 2024, to purchase up to 10% of its issued ordinary
share capital. This authority will expire at the conclusion of the 2025 AGM. It is proposed that this authority be renewed at the 2025 AGM, as detailed in
the Notice of AGM.
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