ALY.L Regulatory News (ALY)

16 Jun 2005 18:16

Ashley (Laura) Hldgs PLC16 June 2005 LAURA ASHLEY HOLDINGS plc ("the Company") The 2005 Annual General Meeting of Laura Ashley Holdings was held on 16 June2005, at Corus Hotel Hyde Park, London. A poll was held for all the resolutions proposed which were passed as follows: Resolutions For Against Abstain 1. To receive and adopt the Directors' 523,160,653 1,584,552 157,651 Report and Accounts for the year ended 29 January 2005, together with the Auditors' Report 2. To elect Mr Roger Bambrough in 462,352,993 62,548,863 1,000 accordance with the Articles of Association of the Company, as a Director 3. To elect Ms Sally Kealey in accordance 462,360,315 62,542,541 0 with the Articles of Association of the Company, as a Director 4. To elect Mr Andrew Khoo in accordance 520,188,465 4,713,233 1,000 with the Articles of Association of the Company, as a Director 5. To re-elect Tan Sri Dr Khoo Kay Peng 457,960,840 66,942,016 0 who retires by rotation in accordance with the Articles of Association of the Company, as a Director 6. To re-elect Ms Sally Cheong Siew Mooi 462,047,500 62,713,231 142,125 who retires by rotation in accordance with the Articles of Association of the Company, as a Director 7. To re-appoint Chantrey Vellacott DFK 524,549,537 352,869 0 as auditors 8. To approve the Remuneration Report of 520,683,108 4,215,998 3,750 the Directors 9. To authorise the Directors to allot 522,155,218 2,746,638 1,000 securities pursuant to Section 80 of the Companies Act, having an aggregate nominal value of up to £12,309,583.57 10. To authorise the Directors, under 456,534,809 67,463,985 904,062 Section 95 of the Companies Act to allot securities wholly paid up in cash up to an aggregate nominal amount of £3,730,176.84 11. To authorise the Directors to make 524,263,998 637,858 1,000 market purchases of the Company's 5p shares up to a maximum of 111,905,304 ordinary shares NO OF CARDS CONSIDERED INVALID: 2 During the AGM held today a figure of £28 million, representing a claim by LauraAshley's subsidiaries against L'Oreal in relation to its arbitration proceedingsthrough the International Chamber of Commerce in Paris, was disclosed in answer to a shareholder's question. This figure represents Laura Ashley's claim in theproceedings and may not represent the actual amount that could result from thearbitration. The arbitration proceedings are subject to confidentiality requirements and theBoard does not intend to make any further comment in relation to them. Notes to Editors The proceedings concern a twenty year trade mark licence granted in 1996 by theLaura Ashley companies to L'Oreal, which was subsequently terminated in 2002following a dispute between the parties. Enquiries: David Cook Company Secretary 020 7880 5100 James Olley Brunswick Group 020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange