DFS Furniture PLC AGM Statement (4783T)

TIDMDFS

RNS Number : 4783T

DFS Furniture PLC

14 November 2019

14 November 2019 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 14 October 2019 were duly passed at today's Annual General Meeting.

Details of the votes cast were as follows:

 
             Resolution         For (including      %       Against     %        Total      % of ISC voted   Withheld* 
                                 discretionary) 
       Receive and adopt 2019 
       Annual Report and 
  1.   Accounts                   180,508,691     99.99     20,722     0.01   180,529,413       85.08%        137,269 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
  2.   Declare final dividend     178,213,046     98.64    2,453,637   1.36   180,666,683       85.14%           0 
       of 7.5 pence per 
       ordinary share 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
       Approve 2019 Annual 
  3.   Remuneration Report        175,603,649     97.23    5,012,061   2.77   180,615,710       85.12%        50,972 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
  4.   Re-Elect Tim Stacey        180,452,081     99.88     213,621    0.12   180,665,702       85.14%          981 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
  5.   Elect Mike Schmidt         180,408,335     99.86     257,367    0.14   180,665,702       85.14%          981 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
  6.   Re-Elect Ian Durant        180,212,071     99.75     453,631    0.25   180,665,702       85.14%          981 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
       Re-Elect Alison 
  7.   Hutchinson                 176,138,456     97.49    4,527,245   2.51   180,665,701       85.14%          981 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
  8.   Elect Jo Boydell           180,452,081     99.88     213,621    0.12   180,665,702       85.14%          981 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
  9.   Elect Steve Johnson        180,452,081     99.88     213,621    0.12   180,665,702       85.14%          981 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
       Re- appoint KPMG LLP 
 10.   as auditor                 180,637,521     99.98     28,765     0.02   180,666,286       85.14%          396 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
 11.   Authorise the Board to     180,666,409     100.00      274      0.00   180,666,683       85.14%           0 
       set the auditor's 
       remuneration 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
       Directors authority to 
 12.   allot shares               178,599,387     98.86    2,067,296   1.14   180,666,683       85.14%           0 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
 13.   General authority to       180,664,425     100.00     2,258     0.00   180,666,683       85.14%           0 
       dis-apply pre-emption 
       right. ** 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
 14.   Limited authority to       175,655,549     97.23    5,010,152   2.77   180,665,701       85.14%          981 
       dis-apply pre-emption 
       rights for the purpose 
       of acquisitions or 
       capital 
       investments ** 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
 15.   Authorise the Company      180,605,404     99.98     27,236     0.02   180,632,640       85.13%        34,042 
       to purchase its 
       ordinary shares** 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
 16.   Authorise calling          178,810,454     98.97    1,856,229   1.03   180,666,683       85.14%           0 
       general meetings on 14 
       clear days' notice** 
      -----------------------  ----------------  -------  ----------  -----  ------------  ---------------  ---------- 
 

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.

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 www.morningstar.co.uk/uk/NSM

Enquiries:

 
 DFS: (enquiries via Tulchan)                      TULCHAN 
 Tim Stacey (CEO)                                  James Macey-White 
 Mike Schmidt (CFO)                                Jessica Reid 
 Phil Hutchinson (Investor Relations)               Amber Ahluwalia 
 Liz McDonald (Group Company 
  Secretary) 
 [e-mail]                      [e-mail] 
 

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.

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 [e-mail] or visit www.rns.com.

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November 14, 2019 10:19 ET (15:19 GMT)