Last checked at 4 Nov 2022 15:47
4 November 2022
DFS Furniture PLC
RESULT OF GENERAL MEETING
DFS Furniture PLC (the "Company") announces that all of the resolutions set out in the notice of General Meeting dated 4 November 2022 were duly passed at today's General Meeting.
Details of the votes cast were as follows:
Resolution | For (including discretionary) | % | Against | % | Total | % of ISC voted | Withheld* | |
1. |
To: (i) authorise and confirm the appropriation of the relevant distributable profits of the Company to the payment of each of the Relevant Distributions; (ii) waive and release those Shareholders who appeared on the record date for the Dividends from any and all claims which the Company has or may have in relation to the payment of the Dividends, such waiver and release to be effected by way of entry by the Company into a deed of release; (iii) authorise the Company to enter into buyback deeds with each of Jefferies and Peel Hunt to acquire the relevant Shares the subject of the Relevant Share Buybacks, pursuant to which the Company will also waive and release any claims which it has or may have against Jefferies and Peel Hunt in respect of the monies paid by the Company to them in respect of the Relevant Share Buybacks; and (iv) waive and release any rights of the Company to make claims against the Relevant Directors in respect of each of the Relevant Distributions, such waiver and release to be effected by way of entry by the Company into a deed of release | 189,803,986 | 99.99 | 12,382 | 0.01 | 189,816,368 | 78.87 | 1,180,210 |
* 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.
In accordance with 9.6.18 of the Listing Rules copy of the General Meeting results will be available on the DFS corporate website https://www.dfscorporate.co.uk/
The person responsible for arranging the release of this announcement on behalf of DFS is Liz McDonald, Company Secretary.
Enquiries:
DFS (enquiries via Tulchan)
Liz McDonald ( Group Company Secretary)
Tulchan:
James Macey-White
Jessica Reid
+44 (0)20 7353 4200
dfs@tulchangroup.com
About DFS Furniture plc
The Group is the clear market-leading retailer of living room furniture in the United Kingdom. Our Group purpose is to bring great design and comfort into every living room, in an affordable, responsible and sustainable manner. We operate an integrated physical and digital retail network of living room furniture showrooms and web sites in the United Kingdom and the Republic of Ireland, trading through our leading brands, DFS, Sofology and Dwell. We attract customers through our targeted and national marketing activities and our reputation for high quality products and service, breadth of product offer and favourable consumer financing options. We fulfil orders for our exclusive product ranges through our own three UK finished goods factories, and through manufacturing partners located in the UK, Europe and Far East, and delivered with care through our expert final-mile delivery service "The Sofa Delivery Company Limited"