Source - RNS
RNS Number : 2290J
Sports Direct International Plc
07 September 2016
 

7 September 2016



SPORTS DIRECT INTERNATIONAL PLC

("Sports Direct" or the "Company")

Results of 2016 Annual General Meeting ("AGM")

Sports Direct announces the results of the poll on the resolutions put at its AGM held on Wednesday 7 September 2016 at Unit D, Brook Park East, Shirebrook, NG20 8RY at 11.00am.


VOTES
FOR

%

VOTES
AGAINST

%

VOTES
TOTAL

% of ISC1 VOTED

VOTES
WITHHELD2

1. To receive the audited accounts and the reports of the Directors and of the auditors for the financial year ended 24 April 2016.

515,943,476

96.83

16,877,295

3.17

532,820,771

89.31%

500,346

2. To approve the Directors' Remuneration Report for the year ended 24 April 2016

498,744,600

93.59

34,184,194

6.41

532,928,794

89.32%

392,463

3.  To re-elect Keith Hellawell as a director of the Company

416,606,701

81.02

97,613,378

18.98

514,220,079

86.19%

19,098,179

4. To re-elect Mike Ashley as a director of the Company

480,581,212

92.61

38,369,866

7.39

518,951,078

86.98%

14,370,179

5. To re-elect Simon Bentley as a director of the Company

450,758,228

86.86

68,194,351

13.14

518,952,579

86.98%

14,368,679

6. To re-elect Dave Forsey as a director of the Company

532,332,623

99.89

595,067

0.11

532,927,690

89.32%

393,567

7. To re-elect Dave Singleton as a director of the Company

452,982,103

87.29

65,966,476

12.71

518,948,579

86.98%

14,372,679

8. To re-elect Claire Jenkins as a director of the Company

454,472,016

87.58

64,475,801

12.42

518,947,817

86.98%

14,373,441

9. To re-elect Matt Pearson as a director of the Company

532,328,862

99.89

593,066

0.11

532,921,928

89.32%

399,329

10 To re-appoint Grant Thornton UK LLP as the Company's auditors, to hold office until the conclusion of the next Annual General Meeting

495,877,718

93.05

37,045,478

6.95

532,923,196

89.32%

398,062

11. To authorise the directors to determine the remuneration of the auditors

488,509,237

92.49

39,686,459

7.51

528,195,696

88.53%

5,125,562

12. To grant authority for the directors to allot shares

526,817,381

98.85

6,107,578

1.15

532,924,959

89.32%

393,299

13.To grant additional authority for the directors to allot shares in connection with a rights issue

504,436,641

94.65

28,491,352

5.35

532,927,993

89.32%

393,265

14. To dis-apply pre-emption rights

526,895,821

98.80

6,412,903

1.20

533,308,724

89.39%

12,534

15. To dis-apply pre-emption rights

503,348,736

94.45

29,579,225

5.55

532,927,961

89.32%

393,297

16. To authorise the Company to purchase its own shares

531,488,084

99.73

1,440,611

0.27

532,928,695

89.32%

392,563

17. To reduce the notice period for all general meetings other than the Annual General Meeting

529,973,986

99.45

2,954,851

0.55

532,928,837

89.32%

392,420

18.To authorise the making of political donations

532,513,509

99.92

414,120

0.08

532,927,629

89.32%

393,629

19:  To commission an independent review of Sports Direct International plc's human capital management strategy

105,907,462

20.66

406,685,027

79.34

512,592,489

85.92%

20,728,323

* Independent Resolutions






3*.  To re-elect Keith Hellawell as a director of the Company

86,606,701

47.01

97,613,378

52.99

184,220,079

55.82%

19,098,179

5*. To re-elect Simon Bentley as a director of the Company

120,758,228

63.91

68,194,351

36.09

188,952,579

57.26%

14,368,679

7.* To re-elect Dave Singleton as a director of the Company

122,982,103

65.09

65,966,476

34.91

188,948,579

57.26%

14,372,679

8.* To re-elect Claire Jenkins as a director of the Company

124,472,016

65.88

64,475,801

34.12

188,947,817

57.26%

14,373,441

 

Note 1: Issued Share Capital.

 

Note 2: A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.

 

The Company is disappointed to note that the resolution to re-elect the Chairman was not approved by a majority of the Company's independent shareholders, and confirms that in accordance with the UKLA Listing Rules this resolution will be put to shareholders of the Company at a general meeting to be held within 90 and 120 days of today's date.  Dr Keith Hellawell will remain in his role until the date of that general meeting.

Dr Hellawell commented as follows:

"I take this clear message from our independent shareholders seriously, and I will do my best to address their concerns and earn their confidence over the next year.  I have confirmed today that should I not receive the support of a majority of our independent shareholders at next year's AGM, I will step down at that time with immediate effect."

Ends.

 

Sports Direct International plc

Dave Forsey, Chief Executive

Matt Pearson, Acting Chief Financial Officer

T. 0344 245 9200

 

KBA PR

Keith Bishop

T. 0207 734 9995

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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