TIDMSTU
RNS Number : 6206A
Studio Retail Group PLC
30 September 2020
30 September 2020
Studio Retail Group PLC ("Studio" or the "Company")
Result of Annual General Meeting (Replacement)
(The following announcement includes a corrected issued share
capital figure of 86,442,534)
The Board of Studio announces that the Resolutions proposed at
the Annual General Meeting held on 30 September 2020 were duly
passed on a poll and without amendment by the required
majorities.
Further details of the Resolutions were set out in the notice of
meeting to shareholders of Studio issued on 28 August 2020.
The final votes for each resolution were as follows:
Resolution For Against Withheld
Ordinary Business
---------------------- --------------------- --------------------
Resolution 1: Ordinary
resolution to receive
the annual accounts
of the Company for
the year ended 27 March
2020 and the directors'
and auditor's reports
thereon. 77,949,857 39,380 5,598
---------------------- --------------------- --------------------
Resolution 2: Ordinary
resolution to approve
the directors' remuneration
report for the year
ended 27 March 2020. 77,919,228 6,781 68,826
---------------------- --------------------- --------------------
Resolution 3: Ordinary
resolution to approve
the policy on directors'
remuneration. 76,063,229 1,888,812 42,794
---------------------- --------------------- --------------------
Resolution 4: Ordinary
resolution to appoint
Mr P. Kendrick as a
director of the Company. 77,994,418 418 0
---------------------- --------------------- --------------------
Resolution 5: Ordinary
resolution to reappoint
Ms C. Askem as a director
of the Company. 77,994,177 659 0
---------------------- --------------------- --------------------
Resolution 6: Ordinary
resolution to reappoint
Mr G. Ball as a director
of the Company. 77,949,620 6,219 38,996
---------------------- --------------------- --------------------
Resolution 7: Ordinary
resolution to reappoint
Mr I. Burke as a director
of the Company. 77,949,573 45,236 26
---------------------- --------------------- --------------------
Resolution 8: Ordinary
resolution to reappoint
Mr F. Coumau as a director
of the Company. 77,994,305 505 26
---------------------- --------------------- --------------------
Resolution 9: Ordinary
resolution to reappoint
Ms E. O'Donnell as
a director of the Company. 77,994,331 505 0
---------------------- --------------------- --------------------
Resolution 10: Ordinary
resolution to reappoint
Mr S. Caldwell as a
director of the Company. 77,955,288 39,522 26
---------------------- --------------------- --------------------
Resolution 11: Ordinary
resolution to reappoint
Mr P. Maudsley as a
director of the Company. 77,949,748 6,065 39,022
---------------------- --------------------- --------------------
Resolution 12: Ordinary
Resolution to appoint
Mazars LLP as auditor
to the company for
the period from the
conclusion of the meeting
to the conclusion of
the next general meeting
of the company at which
accounts are laid. 77,994,437 362 37
---------------------- --------------------- --------------------
Resolution 13: Ordinary
Resolution to authorise
the directors to determine
the auditor's remuneration. 77,993,761 903 172
---------------------- --------------------- --------------------
Resolution 14: Ordinary
Resolution to authorise
political donations
and expenditure up
to an aggregate of
GBP50,000. 77,941,181 53,634 21
---------------------- --------------------- --------------------
Resolution 15: Special
Resolution to enable
a general meeting of
the company, other
than an annual general
meeting, to be called
on not less than 14
days' notice. 77,639,780 354,925 131
---------------------- --------------------- --------------------
The Company is also required to comply with the Listing Rules
relating to controlling shareholders and the re-election of the
Independent Non-Executive Directors of the Company. For these
purposes Frasers Group plc are a controlling shareholder of the
Company, as a result of controlling more than 30% of the voting
rights of the Company.
As such, the election or re-election of any independent director
by shareholders must be approved by a majority vote of both the
shareholders of the Company and the independent shareholders of the
Company.
The final votes for each resolution on this basis were as
follows:
Votes of Independent Shareholders Only
Resolution Resolution Votes For Votes Against Abstentions
Number
-------------- ----------- -------------- ------------
Re-appoint Ms
5 Askem 46,244,177 659 0
-------------- ----------- -------------- ------------
Re-appoint Mr
6 Ball 46,199,620 6,219 38,996
-------------- ----------- -------------- ------------
Re-appoint Mr
7 Burke 46,199,573 45,236 26
-------------- ----------- -------------- ------------
Re-appoint Mr
8 Coumau 46,244,305 505 26
-------------- ----------- -------------- ------------
Re-appoint Ms
9 O'Donnell 46,244,331 505 0
-------------- ----------- -------------- ------------
The Company's issued share capital consists of 86,442,534
ordinary shares of GBP0.10 each with ISIN GB 00B8B4R053. The
Company does not hold any shares in Treasury. Therefore, the total
number of ordinary shares in the Company with voting rights is
86,442,534.
The above figure, 86,442,534, may be used by shareholders as
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in the Company under the FCA's Disclosure and Transparency
Rules.
SPECIAL BUSINESS
(ORDINARY) RESOLUTION NUMBER 12
To appoint Mazars LLP as auditors to the Company for the period
from the conclusion of this meeting to the conclusion of the next
general meeting of the Company at which accounts are laid.
SPECIAL BUSINESS
(ORDINARY) RESOLUTION NUMBER 14
In accordance with sections 366 and 367 of the Companies Act
2006 (the "2006 Act") to authorise the Company (and subsidiaries of
the Company at any time during the period for which this resolution
has effect) during the period from the date of this resolution to
the conclusion of the Company's next annual general meeting:
(i) to make political donations to political parties and/or
independent election candidates;
(ii) to make political donations to political organisations
other than political parties; and
(iii) to incur political expenditure,
up to an aggregate amount of GBP50,000, and the amount
authorised under each of paragraphs (i) to (iii) of this resolution
shall also be limited to such amount and that words and expressions
defined for the purpose of the 2006 Act shall have the same meaning
in this resolution.
SPECIAL BUSINESS
(SPECIAL) RESOLUTION NUMBER 15
That a general meeting of the Company, other than an annual
general meeting, may be called on not less than 14 days'
notice.
--- ---
Enquiries
Studio Retail Group plc (0161 303 3465)
Ian Burke
Phil Maudsley
Tulchan Communications LLP (020 7353 4200)
Will Smith
, 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
RAGFBLFXBKLXBBD
(END) Dow Jones Newswires
September 30, 2020 07:38 ET (11:38 GMT)
Studio Retail (LSE:STU)
Historical Stock Chart
From Apr 2024 to May 2024
Studio Retail (LSE:STU)
Historical Stock Chart
From May 2023 to May 2024