Ashley (laura) (LSE:ALY)
Historical Stock Chart

From Apr 2019 to Apr 2024

TIDMALY

RNS Number : 1353U

Ashley (Laura) Hldgs PLC

20 October 2017

Laura Ashley Holdings plc (the "Company")

Results of 2017 Annual General Meeting

The 2017 Annual General Meeting ('AGM') of Laura Ashley Holdings plc was held on 19 October 2017, at Corus Hotel Kuala Lumpur, Malaysia with a satellite venue at Corus Hotel Hyde Park, London.

A poll was held for all the resolutions proposed which were passed as follows:

 
     Resolution       Summary                 For                %             Against           %            Abstain 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
                      To receive, 
                       acknowledge 
                       and adopt 
                       the Directors' 
                       Report, 
                       the Group 
                       Strategic 
                       Report and 
                       the Financial 
                       Statements 
                       for the 
                       period ended 
                       30 June 
                       2017 together 
                       with the 
                       signed and 
                       dated Auditor's 
     1.                Report.                534,043,291        99.96         223,151           0.04         298,366 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
                      To re-elect 
                       Mr Wong 
                       Nyen Faat, 
                       who retires 
                       by rotation 
                       in 
                       accordance 
                       with the 
                       Articles 
                       of Association 
                       of the Company, 
                       as a Non- 
                       Executive 
     2.                Director.              520,017,539        97.29         14,457,770        2.71         92,157 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
                      To re-elect 
                      Mr David 
                      Walton Masters 
                      who offers 
                      himself 
                      for re-election 
                      as a 
                      Non-Executive 
                      Director 
                      in accordance 
                      with provision 
                      B.7.1 of 
                      the UK Corporate 
                      Governance 
     3.               Code.                   519,929,520        99.36         3,367,071         0.64         11,263,172 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
 
                       To re-elect 
                       Mr David 
                       Walton Masters 
                       who offers 
                       himself 
                       for re-election 
                       as a 
                       Non-Executive 
                       Director 
                       in accordance 
                       with provision 
                       B.7.1 of 
                       the UK Corporate 
                       Governance 
       3*.             Code.                    76,145,513         95.77         3,367,071         4.23         11,263,172 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
                      To re-appoint 
                      Crowe Clark 
                      Whitehill 
                      LLP, as 
                      Auditors 
                      of the Company, 
                      to hold 
                      office from 
                      the passing 
                      of this 
                      resolution 
                      to the conclusion 
                      of the next 
                      AGM at which 
                      the accounts 
                      are laid 
                      before 
                      shareholders 
                      and to authorise 
                      the Directors 
                      to determine 
                      the remuneration 
     4.               of the Auditors.        522,944,240        99.93         345,330           0.07         11,268,351 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
                      To approve 
                       Directors' 
                       Remuneration 
                       Report for 
                       the period 
                       of three 
                       years ended 
                       30 June 
     5.                2020                   522,082,902        99.80         1,031,900         0.20         11,442,619 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
                      To approve 
                       the Directors' 
                       Remuneration 
                       Report for 
                       the period 
                       ended 30 
     6.                June 2017.             522,188,789        99.82         945,810           0.18         11,435,834 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
                      To authorise 
                      the Directors 
                      to allot 
                      relevant 
                      securities 
                      pursuant 
                      to Section 
                      551 of the 
                      Companies 
                      Act 2006, 
                      having an 
                      aggregate 
                      nominal 
                      value of 
                      up to 
     7.               GBP12,309,583.57.       522,565,358        99.89         600,707           0.11         11,404,368 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
                      To authorise 
                      the Directors 
                      to allot 
                      equity securities 
                      pursuant 
                      to Section 
                      571 of the 
                      Companies 
                      Act 2006, 
                      which are 
                      to be wholly 
                      paid up 
                      in cash 
                      up to an 
                      aggregate 
                      nominal 
                      amount of 
                      GBP3,730,176.84 
                      representing 
                      10% of the 
                      issued share 
                      capital 
     8.               of the Company.         522,304,004        99.84         854,535           0.16         11,411,894 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
                      To authorise 
                       the Company 
                       to make 
                       market purchases 
                       of the Company's 
                       ordinary 
                       5 pence 
                       shares up 
                       to 10% of 
                       the nominal 
                       value of 
                       the Company's 
                       issued share 
     9.                capital.               522,665,190        99.89         559,687           0.11         11,345,556 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
                      To empower 
                       the Company 
                       to sell 
                       18,272,500 
                       shares held 
                       as treasury 
                       shares by 
                       the Company 
                       as at 22 
                       August 2017 
                       and any 
                       subsequent 
                       purchases 
                       of treasury 
                       shares not 
                       more than 
                       10% of the 
                       Company's 
                       issued share 
                       capital 
     10.               for cash.              519,812,840        99.35         3,399,974         0.65         11,348,902 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
                      That a general 
                       meeting 
                       (rather 
                       than an 
                       annual general 
                       meeting) 
                       may be called 
                       on not less 
                       than 14 
                       clear days' 
     11.               notice.                522,927,730        99.93         347,426           0.07         11,299,589 
---------------  ----------------------  -----------------  ------------  ----------------  -----------  ----------------- 
 

* Denotes votes by independent shareholders.

Enquiries:

Kwan Cheong Ng/Seán Anglim Laura Ashley 020 7880 5100

Anita Scott/ Helen Smith Brunswick 020 7404 5959

Marc Milmo/ Catherine Leftley Cantor Fitzgerald Europe 020 7894 7000

The company news service from the London Stock Exchange

END

RAGFFWFMUFWSEDS

(END) Dow Jones Newswires

October 20, 2017 02:00 ET (06:00 GMT)