The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNext Regulatory News (NXT)

Share Price Information for Next (NXT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9,296.00
Bid: 9,338.00
Ask: 9,342.00
Change: 34.00 (0.37%)
Spread: 4.00 (0.043%)
Open: 9,248.00
High: 9,388.00
Low: 9,248.00
Prev. Close: 9,262.00
NXT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AGM Update

13 Nov 2023 12:30

RNS Number : 2647T
Next PLC
13 November 2023
 

13 November 2023

 

NEXT plc ("the Company" or "NEXT")

 

AGM Update

All resolutions put to shareholders at the NEXT 2023 Annual General Meeting ("the AGM") on 18 May 2023 were passed. A minority (20.84%) of shareholders that voted, chose not to support resolution 12 which related to the re-election of the Company's Non-Executive Chair, Mr. Michael Roney, as a director of the Company.

 

In line with the provisions of the 2018 UK Corporate Governance Code, the Company engaged in a consultation process with shareholders to gain an understanding of their reasons for voting against the re-election of Mr. Roney and now provides this update on the views received from shareholders.

 

Based on the views expressed by those shareholders before the AGM and who were identified as having voted against and who responded to the consultation, the level of votes against Mr. Roney's re-election were primarily due to him being considered as overboarded with a secondary concern relating to the gender make up of the Board.

 

The Board accepts that some investors apply a stricter voting policy than the market generally in relation to Chair and Directorship roles on the boards of listed companies. Mr. Roney provides more than enough time to his role as Chair and effectively discharges the functions and obligations of the role. He has attended all Board and Committee meetings held in the past three years. He is always available when required as was evident in the Group's response to the pandemic and his involvement in the major strategic decisions made by the Board in recent years.

 

The NEXT Nomination Committee monitors Directors' external commitments and would take appropriate action in the event of any concerns being raised about the ability of any director, including the Chair, to dedicate sufficient time to their roles.

 

Mr. Roney brings significant experience to his role at NEXT, provides clear direction and leadership to the Board and the Board believes that his continuing appointment as Chair is for the benefit of all stakeholders in the Company.

 

The Company will set out further details on these matters in the 2024 Annual Report.

 

 

Ian Blackwell

Company Secretary

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
AGMGPGWPGUPWGPW
Date   Source Headline
1st Mar 20228:15 amRNSTotal Voting Rights
21st Feb 20222:24 pmRNSHolding(s) in Company - Replacement
18th Feb 20224:20 pmRNSHolding(s) in Company
11th Feb 20224:44 pmRNSTransaction in Own Shares
11th Feb 20224:33 pmRNSDirector/PDMR Shareholding
11th Feb 20224:13 pmRNSHolding(s) in Company
11th Feb 20227:00 amRNSTransaction in Own Shares
10th Feb 20223:27 pmRNSHolding(s) in Company
9th Feb 20225:12 pmRNSTransaction in Own Shares
8th Feb 20225:21 pmRNSTransaction in Own Shares
8th Feb 202212:26 pmRNSHolding(s) in Company
7th Feb 20225:46 pmRNSTransaction in Own Shares
4th Feb 20225:22 pmRNSTransaction in Own Shares
3rd Feb 20226:11 pmRNSTransaction in Own Shares
3rd Feb 20225:52 pmRNSHolding(s) in Company
2nd Feb 20225:37 pmRNSTransaction in Own Shares
1st Feb 20225:51 pmRNSTransaction in Own Shares
1st Feb 20229:36 amRNSTotal Voting Rights
31st Jan 20225:40 pmRNSTransaction in Own Shares
27th Jan 20225:58 pmRNSTransaction in Own Shares
27th Jan 20224:35 pmRNSHolding(s) in Company
26th Jan 20225:34 pmRNSTransaction in Own Shares
26th Jan 20222:03 pmRNSBlock listing Interim Review
25th Jan 20225:33 pmRNSTransaction in Own Shares
24th Jan 20226:04 pmRNSTransaction in Own Shares
17th Jan 20224:34 pmRNSHolding(s) in Company
10th Jan 20224:30 pmRNSDirector/PDMR Shareholding
6th Jan 20227:00 amRNSTrading Statement
4th Jan 20229:11 amRNSTotal Voting Rights
8th Dec 202110:06 amRNSDirector/PDMR Shareholding
1st Dec 20215:04 pmRNSDirector/PDMR Shareholding
1st Dec 20219:16 amRNSTotal Voting Rights
3rd Nov 20217:00 amRNSTrading Statement
1st Nov 202110:21 amRNSTotal Voting Rights
29th Oct 20218:30 amRNSDirector/PDMR Shareholding
18th Oct 20214:28 pmRNSHolding(s) in Company
14th Oct 20213:16 pmRNSHolding(s) in Company
12th Oct 20213:35 pmRNSHolding(s) in Company
7th Oct 20211:48 pmRNSHolding(s) in Company
4th Oct 20214:35 pmRNSDirector/PDMR Shareholding
4th Oct 20214:31 pmRNSDirector/PDMR Shareholding
1st Oct 202110:01 amRNSTotal Voting Rights
30th Sep 20214:38 pmRNSDirector/PDMR Shareholding
29th Sep 20217:00 amRNSResults for the Half Year Ending July 2021
1st Sep 202110:00 amRNSTotal Voting Rights
1st Sep 20218:53 amRNSDirectorate Change
2nd Aug 20219:22 amRNSTotal Voting Rights
30th Jul 20214:46 pmRNSDirector/PDMR Shareholding
26th Jul 20211:57 pmRNSBlock listing Interim Review
21st Jul 20217:00 amRNSTrading Statement

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.