Last checked at 14 Nov 2019 15:19
14 November 2019 For immediate release
DFS Furniture plc
RESULTS OF ANNUAL GENERAL MEETING
DFS Furniture PLC (the "Company") announces that all of the resolutions set out in the notice of Annual General Meeting dated 14 October 2019 were duly passed at today's Annual General Meeting.
Details of the votes cast were as follows:
| Resolution | For (including discretionary) | % | Against | % | Total | % of ISC voted | Withheld* |
1. | Receive and adopt 2019 Annual Report and Accounts | 180,508,691 | 99.99 | 20,722 | 0.01 | 180,529,413 | 85.08% | 137,269 |
2. | Declare final dividend of 7.5 pence per ordinary share | 178,213,046 | 98.64 | 2,453,637 | 1.36 | 180,666,683 | 85.14% | 0 |
3. | Approve 2019 Annual Remuneration Report | 175,603,649 | 97.23 | 5,012,061 | 2.77 | 180,615,710 | 85.12% | 50,972 |
4. | Re-Elect Tim Stacey | 180,452,081 | 99.88 | 213,621 | 0.12 | 180,665,702 | 85.14% | 981 |
5. | Elect Mike Schmidt | 180,408,335 | 99.86 | 257,367 | 0.14 | 180,665,702 | 85.14% | 981 |
6. | Re-Elect Ian Durant | 180,212,071 | 99.75 | 453,631 | 0.25 | 180,665,702 | 85.14% | 981 |
7. | Re-Elect Alison Hutchinson | 176,138,456 | 97.49 | 4,527,245 | 2.51 | 180,665,701 | 85.14% | 981 |
8. | Elect Jo Boydell | 180,452,081 | 99.88 | 213,621 | 0.12 | 180,665,702 | 85.14% | 981 |
9. | Elect Steve Johnson | 180,452,081 | 99.88 | 213,621 | 0.12 | 180,665,702 | 85.14% | 981 |
10. | Re- appoint KPMG LLP as auditor | 180,637,521 | 99.98 | 28,765 | 0.02 | 180,666,286 | 85.14% | 396 |
11. | Authorise the Board to set the auditor's remuneration | 180,666,409 | 100.00 | 274 | 0.00 | 180,666,683 | 85.14% | 0 |
12. | Directors authority to allot shares | 178,599,387 | 98.86 | 2,067,296 | 1.14 | 180,666,683 | 85.14% | 0 |
13. | General authority to dis-apply pre-emption right. ** | 180,664,425 | 100.00 | 2,258 | 0.00 | 180,666,683 | 85.14% | 0 |
14. | Limited authority to dis-apply pre-emption rights for the purpose of acquisitions or capital investments ** | 175,655,549 | 97.23 | 5,010,152 | 2.77 | 180,665,701 | 85.14% | 981 |
15. | Authorise the Company to purchase its ordinary shares** | 180,605,404 | 99.98 | 27,236 | 0.02 | 180,632,640 | 85.13% | 34,042 |
16. | Authorise calling general meetings on 14 clear days' notice** | 178,810,454 | 98.97 | 1,856,229 | 1.03 | 180,666,683 | 85.14% | 0 |
A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution.
** Indicates special resolutions requiring a 75% majority.
Copies of the resolutions passed at the AGM, other than those concerning ordinary business, will be submitted to the UK Listing Authority and will in due course be available for inspection at www.morningstar.co.uk/uk/NSM
Enquiries:
DFS: (enquiries via Tulchan) | TULCHAN | ||
Tim Stacey (CEO) | James Macey-White | ||
Mike Schmidt (CFO) | Jessica Reid | ||
Phil Hutchinson (Investor Relations) | Amber Ahluwalia
| ||
Liz McDonald (Group Company Secretary) |
| ||
investor.relations@dfs.co.uk
| dfs@tulchangroup.com |
About DFS Furniture plc
DFS is the clear market leading retailer of living room furniture in the United Kingdom. We design, manufacture, sell and deliver to our customers an extensive range of furniture products. The business operates a retail network of living room furniture stores in the United Kingdom and Europe, together with an online channel. These have been established and developed gradually over 50 years of operating history. We attract customers to our stores and website through our substantial and continued investment in nationwide marketing activities and our reputation for high quality products and service, breadth of product ranges and price points and favourable consumer financing options.