6-K
1
a3675u.htm
RESPONSE TO RES. 13 VOTING RESULT AT 2021 AGM
a3675u
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
for the
period ended 2 December,
2021
BP p.l.c.
(Translation
of registrant's name into English)
1 ST JAMES'S SQUARE, LONDON, SW1Y 4PD, ENGLAND
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file
annual
reports
under cover Form 20-F or Form 40-F.
Form
20-F |X| Form 40-F
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Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of
1934.
Yes No
|X|
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Exhibit
1.1
Response
to Res. 13 Voting Result at 2021 AGM dated 2 December
2021
Exhibit 1.1
2 December 2021
Response to Resolution 13 Voting Result at 2021 Annual General
Meeting
In accordance with Provision 4 of the UK Corporate Governance Code,
bp PLC ('bp') is providing an update to the statement made on 12
May 2021 regarding the voting in relation to Resolution 13 at its
Annual General Meeting ('AGM').
At the bp AGM held on 12 May 2021, shareholders strongly supported
the Board's recommendation to reject Resolution 13. However, we
recognise that some shareholders (20.65% of votes cast) chose to
support the resolution.
bp engaged with shareholders prior to the AGM and continued this
dialogue through extensive engagement with investors after the
vote. This process, which included but was not limited to
specific consultation in accordance with Provision 4 of the Code,
has allowed us to gain valuable insights in the evolution of
shareholders' views on our strategy, targets and aims -
irrespective of how they voted on Resolution 13.
In general, we have heard clear support for our strategy,
recognition of the importance of maintaining a strategy that
remains resilient to the risks and opportunities of the evolving
energy transition, and encouragement to continue to focus on value
generating activities to fulfil our ambition to get to net zero by
2050 or sooner and to help the world get to net
zero.
bp is grateful to all those who have taken the time to engage on
this issue. We have reflected carefully on the feedback
received and will continue to engage with shareholders and other
stakeholders, as well as monitoring external market
developments.
Insights from the consultation have been factored into our internal
deliberations for consideration along with insights from our
ongoing wider engagement with investors and from our wider ongoing
monitoring of the external environment. During this period of
consultation, we have also seen the world's ambition
accelerating. That creates opportunity for us, and we look
forward to updating shareholders on our progress against our
strategy and next steps at our full year results presentation on 8
February, as part of our regular communication to the
market.
Further detail on bp's response to the outcome of the Resolution 13
vote will be provided in the 2021 Annual Report and
Accounts.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
