Last checked at 13 Nov 2020 15:45
13 November 2020 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 13 November 2020 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 the 2020 Annual Report and Accounts | 230,798,494 | 99.99% | 29,979 | 0.01% | 230,828,473 | 90.39 | 1,944 |
2. | Approve the Directors' Remuneration Report | 183,560,974 | 81.48% | 41,719,859 | 18.52% | 225,280,833 | 88.22 | 5,549,584 |
3. | Re-Elect Tim Stacey | 230,825,818 | 100% | 2,656 | 0.00% | 230,828,474 | 90.39 | 1,944 |
4. | Re-Elect Mike Schmidt | 230,809,787 | 99.99% | 18,531 | 0.01% | 230,828,318 | 90.39 | 3,900 |
5. | Re-Elect Ian Durant | 230,823,862 | 100% | 2,656 | 0.00% | 230,826,518 | 90.39 | 3,900 |
6. | Re-Elect Alison Hutchinson | 227,530,201 | 98.57% | 3,296,317 | 1.43% | 230,826,518 | 90.39 | 3,900 |
7. | Re-Elect Jo Boydell | 227,530,201 | 98.57% | 3,296,317 | 1.43% | 230,826,518 | 90.39 | 3,900 |
8. | Re-Elect Steve Johnson | 220,371,029 | 95.47% | 10,455,488 | 4.53% | 230,826,517 | 90.39 | 3,900 |
9. | Elect Jane Bednall | 230,822,805 | 100% | 3,713 | 0.00% | 230,826,518 | 90.39 | 3,900 |
10. | Re- appoint KPMG LLP as auditor | 230,748,634 | 99.97% | 79,443 | 0.03% | 230,828,077 | 90.39 | 2,340 |
11. | Authorise the Audit Committee to agree the auditor's remuneration | 230,822,805 | 100% | 3,713 | 0.00% | 230,826,518 | 90.39 | 3,900 |
12. | Directors' authority to sub-divide the ordinary shares | 230,821,717 | 100% | 5,700 | 0.00% | 230,827,417 | 90.39 | 3,001 |
13. | Approve the terms of the Deferred shares | 230,822,010 | 100% | 6,068 | 0.00% | 230,828,078 | 90.39 | 2,340 |
14. | Directors' authority to allot shares | 225,332,322 | 97.62% | 5,496,151 | 2.38% | 230,828,473 | 90.39 | 1,944 |
15. | General authority to dis-apply pre-emption right ** | 225,668,318 | 97.76% | 5,160,155 | 2.24% | 230,828,473 | 90.39 | 1,944 |
16. | Additional authority to dis-apply pre-emption rights for the purpose of acquisitions or capital investments ** | 225,640,679 | 97.75% | 5,187,479 | 2.25% | 230,828,158 | 90.39 | 2,259 |
17. | Authorise the Company to purchase its ordinary shares ** | 230,794,976 | 99.99% | 30,484 | 0.01% | 230,825,460 | 90.39 | 4,957 |
18. | Authorise the Company to purchase its deferred shares ** | 230,794,686 | 99.99% | 31,831 | 0.01% | 230,826,517 | 90.39 | 3,900 |
19. | Authorise calling general meetings on not less than 14 clear days' notice ** | 230,337,729 | 99.79% | 488,474 | 0.21% | 230,826,203 | 90.39 | 4,215 |
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 9.6.2 (R) of the Listing Rules, 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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism
A copy of the Annual General Meeting results will be available on the DFS corporate website https://www.dfscorporate.co.uk/
Enquiries:
DFS: (enquiries via Tulchan) | TULCHAN |
Liz McDonald (Group Company Secretary)
| James Macey-White |
| Jessica Reid |
| Amber Ahluwalia
|
|
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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.