Ashley (Laura) Hldgs PLC Results of 2019 Annual General Meeting (7603R)

TIDMALY

RNS Number : 7603R

Ashley (Laura) Hldgs PLC

31 October 2019

LAURA ASHLEY HOLDINGS PLC (the "Company")

Results of 2019 Annual General Meeting

31 October 2019

The 2019 Annual General Meeting ('AGM') of Laura Ashley Holdings plc was held on 30 October 2019, at Corus Hotel Hyde Park, Lancaster Gate, London W2 3LG.

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

 
     Resolution               Summary                    For             %          Against          %         Witheld 
                      To receive, 
                       acknowledge 
                       and adopt 
                       the Directors' 
                       Report, 
                       the Group 
                       Strategic 
                       Report and 
                       the Financial 
                       Statements 
                       for the year 
                       ended 30 June 
                       2019 together 
                       with the signed 
                       and dated 
                       Auditor's 
     1                 Report.                       497,718,738       99.99       37,758           0.01       317,911 
                 -----------------------------  ----------------  ----------  ---------------  ---------  ------------ 
                      To re-elect 
                       Mr Ng Kwan 
                       Cheong, who 
                       retires by 
                       rotation 
                       in accordance 
                       with the Articles 
                       of Association 
                       of the 
                       Company ("Articles") 
                       as an Executive 
     2                 Director.                     485,055,797       97.41       12,892,338       2.59       126,272 
                 -----------------------------  ----------------  ----------  ---------------  ---------  ------------ 
                      To elect Mr 
                       David Cook, 
                       who offers 
                       himself for 
                       election in 
                       accordance 
                       with the provision 
                       B.7.1 of the 
                       UK Corporate 
                       Governance 
                       Code, as a 
                       Non-Executive 
     3                 Director.                     497,503,514       99.91       431,435          0.09       139,458 
                 -----------------------------  ----------------  ----------  ---------------  ---------  ------------ 
                      * To elect 
                       Mr David Cook, 
                       who offers 
                       himself for 
                       election in 
                       accordance 
                       with the provision 
                       B.7.1 of the 
                       UK Corporate 
                       Governance 
                       Code, as a 
                       Non-Executive 
     3                 Director.                     53,719,507        99.20       431,435          0.80       139,458 
                 -----------------------------  ----------------  ----------  ---------------  ---------  ------------ 
                      To appoint 
                       UHY Hacker 
                       Young LLP, 
                       as Auditors 
                       to 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.              497,857,136       99.98       118,336          0.02       98,935 
                 -----------------------------  ----------------  ----------  ---------------  ---------  ------------ 
                      To approve 
                       the Directors' 
                       Remuneration 
                       Report for 
                       the year ended 
     5                 30 June 2019.                 497,097,298       99.87       638,519          0.13       332,474 
                 -----------------------------  ----------------  ----------  ---------------  ---------  ------------ 
                      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 
     6                GBP12,309,583.57.              497,189,086       99.91       458,194          0.09       424,470 
                 -----------------------------  ----------------  ----------  ---------------  ---------  ------------ 
                      To authorise 
                       the Directors 
                       to allot or 
                       make offers 
                       or agreements 
                       to allot equity 
                       securities 
                       pursuant to 
                       Section 571 
                       and Section 
                       573 of the 
                       Companies 
                       Act 2006, 
                       which are 
                       to be wholly 
                       paid up in 
                       cash or a 
                       sale of treasury 
                       shares, up 
                       to an aggregate 
                       nominal amount 
                       of GBP1,819,407.17 
                       representing 
                       5% of the 
                       issued share 
                       capital of 
     7                 the Company.                  497,138,217       99.90       489,297          0.10       446,236 
                 -----------------------------  ----------------  ----------  ---------------  ---------  ------------ 
                      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 
     8                 capital.                      497,188,504       99.93       336,530          0.07       499,016 
                 -----------------------------  ----------------  ----------  ---------------  ---------  ------------ 
                      That a general 
                       meeting (rather 
                       than an annual 
                       general meeting) 
                       may be called 
                       on not less 
                       than 14 clear 
     9                 days' notice.                 497,811,421       99.97       146,943          0.03       114,555 
                 -----------------------------  ----------------  ----------  ---------------  ---------  ------------ 
 

* Denotes votes by independent shareholders.

Enquiries:

 
     KC Ng                             Laura Ashley                     020 7880 5100 
     Seán Anglim                  Laura Ashley                     020 7880 5100 
     Anita Scott / Alice Gibb          Brunswick                        020 7404 5959 
     Rick Thompson / Michael 
      Boot                             Cantor Fitzgerald Europe         020 7894 7000 
 

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October 31, 2019 03:53 ET (07:53 GMT)