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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Headlam Group Plc | LSE:HEAD | London | Ordinary Share | GB0004170089 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
5.50 | 3.19% | 178.00 | 175.00 | 178.00 | 176.00 | 173.00 | 173.00 | 29,569 | 16:35:14 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Floor Covering Stores | 656.5M | 6.5M | 0.0805 | 21.86 | 142.17M |
TIDMHEAD
RNS Number : 2351G
Headlam Group PLC
25 May 2017
25 May 2017
Headlam Group plc
('Headlam' or the 'Company')
Result of AGM
Headlam Group plc (LSE: HEAD), Europe's largest distributor of floorcoverings, announces that all resolutions were passed at its Annual General Meeting ('AGM') held earlier today.
Details of the proxy votes received prior to the AGM will be made available later today at the Company's website www.headlam.com.
In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.
The items of special business approved at the AGM were:
Resolution 13 - Disapplication of pre-emption rights
Resolution 14 - Authority to purchase own shares
Resolution 15 - Notice period for general meetings
Enquiries:
Headlam Group plc Steve Wilson, Chief Executive Tel: 01675 433 000 Catherine Miles, Director Tel: 01675 433 006 of Communications Investec Bank plc (Joint Tel: 020 7597 5970 Corporate Broker) Garry Levin / David Flin / Alex Wright Arden Partners plc (Joint Tel: 0121 423 8900 / 020 Corporate Broker) 7614 5900 Jonathan Keeling / Steve Douglas Buchanan (Financial PR and Tel: 020 7466 5000 IR) Mark Court / Sophie Cowles / Catriona Flint
Notes for Editors:
Headlam is Europe's largest distributor of floorcoverings having grown significantly via organic growth and acquisition since 1992.
Headlam provides the distribution link between suppliers and customers of floorcoverings, providing suppliers with the greatest coverage and customer penetration for their products across the UK and Continental Europe, and customers with the broadest range of products supported by next day delivery.
The Company is engaged with suppliers across 16 countries whose products cover a significant proportion of the floorcoverings market (including carpet, residential vinyl, wood, laminate, luxury vinyl tile, underlay and commercial flooring). The Company's customers are within the residential and commercial sectors and comprise principally independent retailers and flooring contractors.
The Company currently comprises 61 wholly-owned businesses in the UK and Continental Europe each operating under their own trade brand and utilising their individual sales team which achieves a greater reach into the customer base.
Each of the businesses is supported by the Company's centralised and financial resources and extensive distribution network across the UK and Continental Europe that comprises four distribution hubs, 18 distribution centres, 55 service centres and a corporate showroom.
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGAAMLTMBITMRR
(END) Dow Jones Newswires
May 25, 2017 05:48 ET (09:48 GMT)
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