TIDMDFS
RNS Number : 1377T
DFS Furniture PLC
10 November 2023
10 November 2023
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
10 November 2023 were duly passed at today's Annual General
Meeting.
In accordance with the Listing Rule 9.6.2, a copy of all
resolutions passed at the meeting (not relating to ordinary
business) has been submitted to the National Storage Mechanism and
will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The Board recognises the lower levels of support for resolution
3 to approve the Remuneration Report 70.5%. The Board is committed
to maintaining the dialogue with shareholders in order to
understand any ongoing concerns they may have around executive
remuneration. This process will be led by the Chair of the
Remuneration Committee, Gill Barr, who will meet with shareholders
over the coming months to better understand their views ahead of a
full remuneration policy review later in the year.
The Board is committed to ensuring a rigorous and transparent
remuneration approach which is fully aligned with both our
stakeholders and best practice.
In accordance with the UK Corporate Governance Code we will
provide an update on progress within the next six months.
Details of the votes cast were as follows:
Resolution For (including % Against % Total % of Withheld*
discretionary) ISC
voted
Receive
and adopt
the 202
3 Annual
Report and
1. Accounts 213,396,641 100.00 0 0.00 213,396,641 91.14% 1,800
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Declare
final dividend
of 3.0 pence
per ordinary
2. share 213,398,441 100.00 0 0.00 213,398,441 91.14% 0
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Approve
the Directors'
Remuneration
3. Report 150,434,822 70.50 62,961,819 29.50 213,396,641 91.14% 1,800
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Re-Elect
4. Tim Stacey 213,385,955 99.99 12,454 0.01 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Elect John
5. Fallon 213,389,663 100.00 8,746 0.00 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Re-elect
6. Alison Hutchinson 210,397,903 98.59 3,000,506 1.41 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Re-Elect
7. Jo Boydell 210,397,494 98.59 3,000,915 1.41 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Re-Elect
8. Steve Johnson 210,397,523 98.59 3,000,886 1.41 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Re-elect
Loraine
9. Martins 210,407,464 98.60 2,990,945 1.40 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Elect Gill
10. Barr 191,437,213 89.71 21,961,196 10.29 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Re-appoint
KPMG LLP
11 as auditor 213,380,113 99.99 18,295 0.01 213,398,408 91.14% 33
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Authorise
the Audit
Committee
to agree
the auditor's
12. remuneration 213,381,677 99.99 16,731 0.01 213,398,408 91.14% 33
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Directors'
authority
1 to allot
3. shares 213,374,969 99.99 23,440 0.01 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
General
authority
to dis-apply
1 pre-emption
4. right** 213,387,287 99.99 11,122 0.01 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Limited
authority
to dis-apply
pre-emption
right for
the purposes
of acquisitions
or capital
15. investments** 213,387,287 99.99 11,122 0.01 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Authorise
the Company
to purchase
its ordinary
16. shares** 213,387,957 100.00 10,452 0.00 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
Authorise
calling
general
meetings
on not less
than 14
clear days'
17 notice** 213,151,454 99.88 246,955 0.12 213,398,409 91.14% 32
------------------- ---------------- ------- ----------- ------ ------------ ------- ----------
* 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.
In accordance with 9.6.2 (R) of the Listing Rules, 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
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
A copy of the Annual General Meeting results will be available
on the DFS corporate website https://www.dfscorporate.co.uk/
Enquiries:
DFS
Liz McDonald (Group Company Secretary)
About DFS Furniture plc
The Group is the clear market-leading retailer of living room
furniture in the United Kingdom. Our Group purpose is to bring
great design and comfort into every living room, in an affordable,
responsible and sustainable manner. We operate an integrated
physical and digital retail network of living room furniture
showrooms and web sites in the United Kingdom and the Republic of
Ireland, trading through our leading brands, DFS and Sofology. We
attract customers through our targeted and national marketing
activities and our reputation for high quality products and
service, breadth of product offer and favourable consumer financing
options. We fulfil orders for our exclusive product ranges through
our own UK finished goods factories, and through manufacturing
partners located in the UK, Europe and Far East, and delivered with
care through our expert final-mile delivery service "The Sofa
Delivery Company Limited".
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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
RAGURAVROBUAAAA
(END) Dow Jones Newswires
November 10, 2023 10:26 ET (15:26 GMT)
Dfs Furniture (LSE:DFS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Dfs Furniture (LSE:DFS)
Historical Stock Chart
From Apr 2023 to Apr 2024
