The 2012 Annual General Meeting ('AGM') of Laura Ashley Holdings plc was held on 11 June 2012, at Corus Hotel Hyde Park, London.
A poll was held for all the resolutions proposed which were passed as follows:
To receive, acknowledge and adopt the Directors' Report and the Financial Statements for the year ended 28 January 2012 together with the signed and dated Auditor's Report.
To re-elect Mr David Walton Masters, who offers himself for re-election as a Non-Executive Director in accordance with provision B.7.1 of the UK Corporate Governance Code, as he has served as a Non-Executive Director for more than nine years.
To elect Mr Ahmad Johari Razak who offers himself for election as a Director in accordance with the Articles of Association.
To elect Ms Kwa Kim Li who offers herself for election as a Director in accordance with the Articles of Association.
To elect Mr Wong Nyen Faat who offers himself for election as a Director in accordance with the Articles of Association.
To declare a final dividend of 1.0 pence per ordinary share for the year ended 28 January 2012 to be paid on 11 July 2012 to holders of ordinary shares on the register at the close of business on 15 June 2012 in respect of each ordinary share.
To re-appoint Chantrey Vellacott DFK LLP, Chartered Accountants and Statutory Auditor, as Auditor to the Company, to hold office from the conclusion of the AGM to the conclusion of the next AGM at which the accounts are laid before shareholders and to authorise the Directors to determine their remuneration.
To approve the Directors' Remuneration Report for the year ended 28 January 2012.
To authorise the Directors to allot relevant securities pursuant to Section 551 of the Companies Act 2006, having an aggregate nominal value of up to £12,309,583.57.
To authorise the Directors to allot equity securities pursuant to Section 571 of the Companies Act 2006, which are to be wholly paid up in cash up to an aggregate nominal amount of £3,730,176.84.
To authorise the Company to make market purchases of the Company's ordinary 5 pence shares up to 10% of the nominal value of the Company's issued share capital.
That pursuant to the Articles of Association, the Company is empowered to sell 18,272,500 shares held as treasury shares by the Company as at 28 March 2012 and any subsequent purchases of treasury shares not more than 10% of the Company's issued share capital for cash.
That a general meeting (other than an annual general meeting) may be called on not less than 14 clear days' notice.
Kien-Mun Ho Company Secretary 020 7880 5100
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