Last checked at 21 Apr 2011 14:42
21 April 2011
FLYING BRANDS LIMITED
ANNUAL GENERAL MEETING
The Company's Annual General Meeting was held on 21 April 2011 where the following Resolutions were proposed and carried:
Resolution 1
To receive and adopt the Report and Accounts for the 52 weeks ending 31 December 2010
Proxies:
Total proxy votes cast were 5,281,027 of which 5,262,522 (99.7%) were in favour; 5,016 (0.1%) against, and 11,339 (0.2 %) at discretion. 2,330 votes were withheld.
Resolution 2
To receive and approve the Remuneration Committee Report for the 52 weeks ended 31 December 2010
Proxies:
Total proxy votes cast were 5,281,027, of which 4,141,230 (99.4%) were in favour; 12,838 (0.3%) against, and 11,639 (0.3%) at discretion. 1,115,500 votes were withheld.
Resolution 3
To declare a full net dividend of 2.4p per share with a final dividend of 0.8p
Proxies:
Total proxy votes cast were 5,281,027, of which 5,268,968 (99.8%) were in favour; 400 against, and 11,339 (0.2%) at discretion. 500 votes were withheld.
Resolution 4
To re-elect Mr SS Cook as a Director
Proxies:
Total proxy votes cast were 5,281,027, of which 3,725,145 (70.6%) were in favour; 1,542,824 (29.2%) against, and 11,339 (0.2%) at discretion. 1,899 votes were withheld.
Resolution 5
To elect Mr FG Voisin as a Director
Proxies:
Total proxy votes cast were 5,281,027, of which 5,259,371 (99.6%) were in favour; 5,598 (0.1%) against, and 14,339 (0.3%) at discretion. 1,899 votes were withheld.
Resolution 6
To re-appoint KPMG, Channel Islands, as auditors of the Company and the Directors be authorised to fix their remuneration.
Proxies:
Total proxy votes cast were 5,281,027, of which 5,254,941 (99.5%) were in favour; 10,028 (0.2%) against, and 14,339 (0.3%) at discretion. 1,899 votes were withheld.
Special Resolution 7
To authorise the Company to make market purchases of its own shares
Proxies:
Total proxy votes cast were 5,281,027, of which 5,255,614 (99.5%) were in favour; 8,815 (0.2%) against, and 14,589 (0.3%) at discretion. 2,189 votes were withheld.
Special Resolution 8
To authorise the Company to allot shares without rights of pre-emption
Poll result:
Total votes cast were 16,034,811, of which 13,975,005 (87.2%) were in favour and 2,055,617 (12.8%)against. 4,189 votes were withheld.
For further information, please contact:
Flying Brands Limited 01245 228 300
Stephen Cook, Chief Executive
Anthony Gee, Finance Director
Smithfield Consultants 020 7360 4900John Kiely
Notes to editors
Jersey based Flying Brands Limited (LSE: FBDU) is a multi brand and multi channel home shopping specialist. Founded in 1981, it was admitted to the Official List of the London Stock Exchange in 1993. The Group operates the following divisions:
·; Gifts (Flying Flowers, Flowers Direct and Drake Algar making the company one of the UK'sleading florists)
·; Garden (Gardening Direct, one of the UK's largest mail order bedding plants and gardening products operations; Garden Bird Supplies, a leading provider of food and accessories for birds and other wildlife; Garden Centre Online, an internet retailer of garden hardware products)
·; Entertainment (Listen2, a mail order audio books, nostalgic music, DVD and video home shopping retailer)
·; Dealtastic (Deal a day website)
More information can be found at: www.flyingbrands.com