9 May 2014 07:00
Results of AGM
The 2014 Annual General Meeting ('AGM') of Laura Ashley Holdings plc was held on 8 May 2014, at Corus Hotel Hyde Park, London.
A poll was held for all the resolutions proposed which were passed as follows:
Resolution | Summary | For | % | Against | % | Abstain | ||||||||
1. | To receive, acknowledge and adopt the Directors' Report, the Group Strategic Report and the Financial Statements for the year ended 25 January 2014 together with the signed and dated Auditor's Report.
| 533,056,214 | 100.00 | 16,477 | 0.00 | 9,034 | ||||||||
2. | 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.
| 509,135,229 | 95.52 | 23,898,011 | 4.48 | 48,796 | ||||||||
3. | To re-elect Ms Sally Kealey, who retires by rotation in accordance with the Articles of Association of the Company, as a Non-Executive Director.
| 532,640,181 | 99.92 | 406,121 | 0.08 | 35,734 | ||||||||
4. | To re-elect Dato' Ahmad Johari bin Abdul Razak, who retires by rotation in accordance with the Articles of Association of the Company, as a Non- Executive Director.
| 532,488,406 | 99.96 | 236,081 | 0.04 | 313,794 | ||||||||
5. | To declare a final dividend of 1.0 pence per ordinary share for the year ended 25 January 2014 to be paid on 12 May 2014 to holders of ordinary shares on the register at the close of business on 22 April 2014 (ex-dividend date 16 April 2014) in respect of each ordinary share.
| 533,044,663 | 100.00 | 25,751 | 0.00 | 10,473 | ||||||||
6. | 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.
| 531,891,190 | 99.97 | 164,604 | 0.03 | 1,021,742 | ||||||||
7. | To approve the Directors' Remuneration Report for the year ended 25 January 2014.
| 532,601,250 | 99.93 | 362,251 | 0.07 | 118,536 | ||||||||
8. | To approve the Directors' Remuneration Policy for the year ended 25 January 2014.
| 532,390,263 | 99.90 | 553,626 | 0.10 | 132,697 | ||||||||
9. | 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.
| 532,695,273 | 99.96 | 206,711 | 0.04 | 180,053 | ||||||||
10. | 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 representing 10% of the issued share capital of the Company.
| 451,391,188 | 84.71 | 81,500,016 | 15.29 | 190,832 | ||||||||
11. | 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.
| 532,868,087 | 99.97 | 147,910 | 0.03 | 66,040 | ||||||||
12. | 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 26 March 2014 and any subsequent purchases of treasury shares not more than 10% of the Company's issued share capital for cash.
| 452,214,538 | 84.84 | 80,791,705 | 15.16 | 75,793 | ||||||||
13. | That a general meeting (other than an annual general meeting) may be called on not less than 14 days' notice.
| 531,112,630 | 99.64 | 1,928,915 | 0.36 | 39,855 |
Enquiries:
| |
| Laura Ashley Holdings plc Seán Anglim CFO / Joint COO
| 020 7880 5100 |
Brunswick Anita Scott James Olley | 020 7404 5959
|
Cantor Fitzgerald Europe Richard Redmayne Mark Percy
|
020 7894 7000
|