Lookers PLC Result of AGM (5447A)

TIDMLOOK

RNS Number : 5447A

Lookers PLC

24 May 2023

24 May 2023

Lookers plc

(the "Company")

Results of 2022 Annual General Meeting

The Company announces that at its Annual General Meeting held at 10:00am on 24 May 2023 (the "AGM") all of the resolutions set out in the Notice of Annual General Meeting (the "Notice") published on 17 April 2023 were passed by the requisite majority by means of a poll vote. Resolutions 1 to 13 were passed as ordinary resolutions (requiring a simple majority of votes in favour of the resolution) and resolutions 14 to 17 were passed as special resolutions (requiring a 75% majority of votes in favour). The results of the poll for each resolution are set out below:

 
 Resolution     Description       Votes for       %       Votes against     %      Votes withheld*   Votes cast as a % 
                                                                                                      of issued share 
                                                                                                          capital 
              To receive and 
              adopt the 
              accounts for the 
              year ended 31 
              December 2022, 
              together with 
              the Reports 
              of the Directors 
              and of the 
              Auditors 
     1        thereon.           211,416,313   99.9982%       3,800       0.002%       47,614             55.33% 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     2        To approve the     194,756,573    92.10%     16,704,043     7.90%         7,111             55.34% 
              Directors' 
              Remuneration 
              Report 
              (excluding the 
              Director's 
              Remuneration 
              Policy) 
              for the year 
              ended 31 
              December 2022. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     3        To approve the     210,485,767    99.54%       975,644      0.46%         6,316             55.34% 
              Directors' 
              Remuneration 
              Policy for the 
              year ended 31 
              December 2022. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     4        To declare a       211,464,028   99.9987%       2,699       0.001%        1,000             55.34% 
              final dividend 
              of 2.0p per 
              ordinary share 
              in the Company 
              in respect of 
              the year 
              ended 31 
              December 2022. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     5        To re-appoint      211,152,601    99.85%       308,331      0.15%         6,795             55.34% 
              BDO LLP as the 
              auditors to the 
              Company. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     6        To authorise the   211,144,792    99.85%       316,140      0.15%         6,795             55.34% 
              Audit and Risk 
              Committee of the 
              Company to 
              determine the 
              remuneration of 
              the auditors. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
              To elect Susan 
              Jane Farr as a 
     7        Director.          210,254,360    99.43%      1,206,573     0.57%         6,794             55.34% 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     8        To re-elect        200,118,227    94.64%     11,342,706     5.36%         6,794             55.34% 
              Oliver Walter 
              Laird as a 
              Director. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     9        To re-elect        208,412,785    98.58%      3,005,283     1.42%        49,659             55.33% 
              Robin James 
              Churchouse as a 
              Director. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     10       To re-elect        200,125,021    94.64%     11,342,706     5.36%           0               55.34% 
              Duncan Andrew 
              McPhee as a 
              Director. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     11       To re-elect Mark   200,116,791    94.63%     11,350,936     5.37%           0               55.34% 
              Douglas Raban as 
              a Director. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     12       To re-elect Paul   207,778,081    98.26%      3,689,645     1.74%           1               55.34% 
              Michael Van der 
              Burgh as a 
              Director. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     13       To grant the       211,080,953    99.84%       345,584      0.16%        41,190             55.33% 
              Board authority 
              to allot shares. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     14       To grant the       209,915,022    99.27%      1,552,705     0.73%           0               55.34% 
              Board authority 
              to disapply 
              pre-emption 
              rights. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     15       To grant the       209,773,161    99.20%      1,694,566     0.80%           0               55.34% 
              Board authority 
              to further 
              disapply 
              pre-emption 
              rights for 
              acquisitions. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     16       To authorise the   211,258,726    99.97%       54,453       0.03%        154,548            55.30% 
              Company to make 
              market purchase 
              of its own 
              shares. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
     17       To authorise       210,952,808    99.76%       514,919      0.24%           0               55.34% 
              calling general 
              meetings on 
              short notice. 
             -----------------  ------------  ---------  --------------  -------  ----------------  ------------------ 
 

Notes:

1. In accordance with the Company's Articles of Association, on a poll every member present in person or by proxy has one vote for every share held.

2. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "issued share capital instructed" for any resolution.

3. The issued share capital of the Company as at 24 May 2023 was 382,119,214 ordinary shares of 5 pence each. The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote at the AGM was 382,119,214. Each share carries one vote. No shares are held in treasury.

4. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.

5. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.lookersplc.com .

6. A copy of the special business resolution passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

7. The poll results will be available shortly on the Company's website at www.lookersplc.com .

Enquiries:

Katie Lewis

Deputy Company Secretary

0161 291 0043

The Company is registered in England at Lookers House, 3 Etchells Road, West Timperley, Altrincham WA14 5XS. Company registration number 00111876. LEI number 213800TSB8PJEACDAV33

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

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May 24, 2023 08:49 ET (12:49 GMT)