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Next PLC - Result of AGM

RNS Number : 9226M
Next PLC
14 May 2020
 

Contacts:

Alistair Mackinnon-Musson



Rowbell PR

Tel:  020 7717 5239


Email: [email protected]



Photographs:

Photographs available at:

http://press.next.co.uk/media/company-images/campaignimages.aspx

 

NEXT PLC

Results of 2020 Annual General Meeting ("AGM")

The Board of Next plc is pleased to announce that at the AGM of Next shareholders held on 14 May 2020 all resolutions as set out in the Notice of Meeting contained in the Annual Report and Accounts for the year ended 25 January 2020 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 6.30 pm on 12 May 2020, being those eligible to be voted on at the AGM, was 132,949,276.

 



For

Against

TOTAL VOTES CAST

% of shares on register at 6.30pm 12 May 2020

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

101,107,641

100.0%

773

0.0%

101,108,414

76.05%

227,830

2 To adopt the Remuneration Policy

Ordinary

92,690,078

91.82%

8,252,433

8.18%

100,942,511

75.93%

393,732

3 To approve the Remuneration report

Ordinary

96,952,432

97.03%

2,964,177

2.97%

99,916,609

75.15%

1,419,634

4 To re-elect Jonathan Bewes as a director

Ordinary

98,475,535

97.33%

2,696,361

2.67%

101,171,896

76.10%

164,347

5 To re-elect Tristia Harrison as a director

Ordinary

100,525,541

99.36%

646,624

0.64%

101,172,165

76.10%

164,079

6 To re-elect Amanda James as a director

Ordinary

99,722,096

98.57%

1,450,063

1.43%

101,172,159

76.10%

164,084

7 To re-elect Richard Papp as a director

Ordinary

100,264,827

99.10%

907,216

0.90%

101,172,043

76.10%

164,200

8 To re-elect Michael Roney as a director

Ordinary

89,187,316

89.66%

10,283,486

10.34%

99,470,802

74.82%

1,865,441

9 To re-elect Francis Salway as a director

Ordinary

98,012,612

96.94%

3,092,043

3.06%

101,104,655

76.05%

231,588

10 To re-elect Jane Shields as a director

Ordinary

100,433,259

99.27%

741,992

0.73%

101,175,251

76.10%

160,992

11 To re-elect Dame Dianne Thompson as a director

Ordinary

100,625,877

99.46%

545,139

0.54%

101,171,016

76.10%

165,228

12 To re-elect Lord Wolfson as a director

Ordinary

100,506,243

99.34%

670,280

0.66%

101,176,523

76.10%

159,721

13 To re-appoint PricewaterhouseCoopers LLP as auditor

Ordinary

101,138,671

99.96%

37,893

0.04%

101,176,564

76.10%

159,680

14 To authorise the Audit Committee to set the auditor's remuneration

Ordinary

101,134,044

99.96%

43,221

0.04%

101,177,265

76.10%

158,979

15 To authorise the directors to amend the rules of the Next LTIP

Ordinary

98,389,678

97.25%

2,781,351

2.75%

101,171,029

76.10%

165,215

16 To extend the Next SMP

Ordinary

96,776,834

95.66%

4,394,235

4.34%

101,171,069

76.10%

165,175

17 To extend the Next Sharesave Plan

Ordinary

100,560,711

99.40%

611,772

0.60%

101,172,483

76.10%

163,761

 

18 To extend the Next MSOP

Ordinary

100,573,749

99.41%

597,084

0.59%

101,170,833

76.10%

165,411

19  Directors' authority to allot shares

Ordinary

96,957,358

95.83%

4,216,648

4.17%

101,174,006

76.10%

162,238

20 General authority to disapply pre-emption rights

Special

101,119,365

99.95%

51,815

0.05%

101,171,180

76.10%

165,064

21 Additional authority to disapply pre-emption rights

Special

98,633,784

97.49%

2,536,676

2.51%

101,170,460

76.10%

165,784

22 Authority for on-market purchase of own shares

Special

98,956,361

97.86%

2,168,873

2.14%

101,125,234

76.06%

211,009

232 Authority for off-market purchases of own shares

 

Special

 98,653,832

97.56%

2,470,722

2.44%

101,124,554

76.06%

211,689

Less votes disregarded under the provisions of the Companies Act 2006


(3,000,000)




(3,000,000)



Resolution 23 total


95,653,8322

97.48%

2,470,722

2.52%

98,124,554

73.81%

211,689

24 To increase the Company's borrowing powers

Special

93,726,546

92.64%

7,440,865

7.36%

101,167,411

76.09%

168,833

25 To adopt new articles of association

Special

101,158,861

100.0%

4,561

0.0%

101,163,422

76.09%

172,822

26 Notice period of general meetings

Special

96,031,957

94.92%

5,144,260

5.08%

101,176,217

76.10%

160,026


 

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.

 

In accordance with LR 9.6.2 and 9.2.6ER(1), a copy of resolutions passed as special business along with the new articles of association 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


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 [email protected] or visit www.rns.com.
 
END
 
 
RAGUSRRRRNUVAAR

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