NEXT plc ("NEXT")
Results of 2024 Annual General Meeting
("AGM")
The Board of NEXT plc is pleased to announce
that at the AGM of NEXT shareholders held on 16 May 2024, all
resolutions as set out in the Notice of Meeting contained in the
Annual Report and Accounts for the year ended 27 January 2024 were
passed.
All resolutions were put to the meeting and
approved on a poll and results are detailed below.
The total number of shares on the register at
9.30 am on 14 May 2024, being those eligible to be voted on at the
AGM, was 127,125,597.
|
|
|
For
|
Against
|
TOTAL VOTES
CAST
|
% of shares on register
at
9.30am 14 May 2024
|
Votes
withheld1
|
|
Resolution
|
Special /
Ordinary
|
No. of
Votes
|
%
|
No. of
Votes
|
%
|
No. of
Votes
|
%
|
No. of
Votes
|
|
1 To receive and adopt the accounts and reports
of the directors and auditor
|
Ordinary
|
93,832,750
|
99.71
|
275,887
|
0.29
|
94,108,637
|
74.03
|
775,668
|
|
2 To approve the Remuneration Report
|
Ordinary
|
83,634,990
|
88.27
|
11,118,835
|
11.73
|
94,753,825
|
74.54
|
130,459
|
|
3 To declare a final dividend of 141 pence per
ordinary share
|
Ordinary
|
94,882,235
|
100.00
|
721
|
0.00
|
94,882,956
|
74.64
|
1,349
|
|
4 To elect Venetia Butterfield as a
director
|
Ordinary
|
94,828,392
|
99.94
|
53,631
|
0.06
|
94,882,023
|
74.64
|
2,282
|
|
5 To elect Amy Stirling as a
director
|
Ordinary
|
93,814,075
|
99.63
|
349,684
|
0.37
|
94,163,759
|
74.07
|
720,546
|
|
6 To re-elect Jonathan Bewes as a
director
|
Ordinary
|
91,613,840
|
96.56
|
3,268,305
|
3.44
|
94,882,145
|
74.64
|
2,160
|
|
7 To re-elect Soumen Das as a
director
|
Ordinary
|
91,183,461
|
96.83
|
2,980,454
|
3.17
|
94,163,915
|
74.07
|
720,390
|
|
8 To re-elect Tom Hall as a director
|
Ordinary
|
89,855,715
|
94.70
|
5,025,146
|
5.30
|
94,880,861
|
74.64
|
3,444
|
|
9 To re-elect Dame Tristia Harrison as a
director
|
Ordinary
|
92,159,487
|
97.13
|
2,722,617
|
2.87
|
94,882,104
|
74.64
|
2,201
|
|
10 To re-elect Amanda James as a
director
|
Ordinary
|
93,684,376
|
98.74
|
1,198,184
|
1.26
|
94,882,560
|
74.64
|
1,745
|
|
11 To re-elect Richard Papp as a
director
|
Ordinary
|
93,664,659
|
98.72
|
1,217,567
|
1.28
|
94,882,226
|
74.64
|
2,079
|
|
12 To re-elect Michael Roney as a
director
|
Ordinary
|
88,656,660
|
94.15
|
5,507,645
|
5.85
|
94,164,305
|
74.07
|
720,000
|
|
13. To re-elect Jane Shields as a
director
|
Ordinary
|
93,666,502
|
98.72
|
1,215,690
|
1.28
|
94,882,192
|
74.64
|
2,113
|
|
14 To re-elect Jeremy Stakol as a
director
|
Ordinary
|
93,709,051
|
98.76
|
1,173,050
|
1.24
|
94,882,101
|
74.64
|
2,204
|
|
15 To re-elect Lord Wolfson as a
director
|
Ordinary
|
93,718,181
|
98.77
|
1,164,327
|
1.23
|
94,882,508
|
74.64
|
1,797
|
|
16 To re-appoint PricewaterhouseCoopers LLP as
auditor
|
Ordinary
|
93,874,555
|
98.94
|
1,007,459
|
1.06
|
94,882,014
|
74.64
|
2,291
|
|
17 To authorise the Audit Committee to set the
auditor's remuneration
|
Ordinary
|
94,869,493
|
99.99
|
12,871
|
0.01
|
94,882,364
|
74.64
|
1,941
|
|
18 Directors' authority to allot
shares
|
Ordinary
|
90,359,802
|
95.23
|
4,521,241
|
4.77
|
94,881,043
|
74.64
|
3,261
|
|
19 General authority to disapply pre-emption
rights
|
Special
|
83,427,858
|
87.93
|
11,450,104
|
12.07
|
94,877,962
|
74.63
|
6,342
|
|
20 Additional authority to disapply pre-emption
rights
|
Special
|
80,211,202
|
84.58
|
14,619,413
|
15.42
|
94,830,615
|
74.60
|
53,689
|
|
21 Authority for on-market purchase of own
shares
|
Special
|
91,939,318
|
96.92
|
2,917,939
|
3.08
|
94,857,257
|
74.62
|
27,048
|
|
22 Authority for off-market purchases of own
shares
|
|
93,775,986
|
98.86
|
1,081,725
|
1.14
|
94,857,711
|
74.62
|
26,594
|
|
Less votes disregarded under the provisions of
the Companies Act 2006
|
Special
|
(3,000,000)
|
|
|
|
(3,000,000)
|
|
|
|
Resolution 22 total2
|
|
90,775,986
|
98.82
|
1,081,725
|
1.18
|
91,857,711
|
72.22
|
26,594
|
|
23 Notice period of general meetings
|
Special
|
89,653,297
|
94.51
|
5,207,183
|
5.49
|
94,860,480
|
74.62
|
23,825
|
In accordance with LR 9.6.2 and 9.2.6ER(1), a
copy of resolutions passed as special business will be submitted as
soon as practicable to the National Storage Mechanism and will be
available shortly for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Note1: The 'Vote Withheld'
option is provided to enable the shareholder to abstain on any
resolution. It is not a vote in law and is not counted in the
calculation of the proportion of votes for and against a
resolution.
Note2: The total maximum number of
Ordinary Shares which may be purchased by NEXT for cancellation
pursuant to such contingent purchase contracts is 3.0 million. NEXT
has disregarded 3.0 million votes from both the total number of
votes cast in favour of the resolution and the total votes cast so
that the voting of those shares did not affect the result of the
poll.