Source - LSE Regulatory
RNS Number : 3761C
Loungers PLC
16 October 2020
 

16 October 2020

 

Loungers plc

("Loungers" or "the Company")

Result of the Annual General Meeting ("AGM")

 

The Board is pleased to announce that all of the resolutions put to shareholders at today's AGM were passed by means of a poll, including the ordinary resolutions (resolutions 1 to 7) and special resolutions (resolutions 8 to 10) set out in the Company's notice of AGM dated 16 September 2020.

 

The final voting figures are shown below.

 

Resolution

Total Votes Cast

For (*)

Against

Withheld

Number

%

Number

%

1: To receive the annual report and accounts for the year ended 19 April 2020

85,290,167

85,290,167

100.00

0

0.00

0

2: To approve the Directors' Remuneration Report for the year ended 19 April 2020

85,290,167

81,038,655

95.02

4,251,512

4.98

0

3: To re-elect Alex Reilley as a Director

85,289,237

85,289,237

100.00

0

0.00

930

4: To re-elect Nick Backhouse as a Director

85,289,237

85,289,237

100.00

0

0.00

930

5: To re-appoint PricewaterhouseCoopers LLP as auditors of the Company

85,289,237

85,289,237

100.00

0

0.00

930

6: To authorise the Audit Committee to set the auditors' remuneration

85,289,237

85,289,237

100.00

0

0.00

930

7: To authorise the Directors to allot shares

85,289,237

85,289,237

100.00

0

0.00

930

8: To authorise the Directors to disapply statutory pre-emption rights in respect of 5% of the Company's issued share capital

85,289,237

82,589,113

96.83

2,700,124

3.17

930

9: To authorise the Directors to disapply statutory pre-emption rights in respect of an additional 5% of the Company's issued share capital

85,289,237

82,589,113

96.83

2,700,124

3.17

930

10: To authorise the Company to buy back shares

85,290,167

85,290,167

100.00

0

0.00

0

 

(*) = Includes discretionary votes

 

 

 

 

 

 

 

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 102,400,000 shares. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll.

 

For further information please contact:

 

Loungers plc

Nick Collins, Chief Executive Officer

Gregor Grant, Chief Financial Officer

 

Via Instinctif Partners

GCA Altium Limited (Financial Adviser and NOMAD)

Sam Fuller / Katherine Hobbs / Tim Richardson

 

Tel: +44 (0) 20 7484 4040

Liberum Capital Limited (Joint Broker)

Andrew Godber / John Fishley

 

Tel: +44 (0) 20 3100 2000

Peel Hunt LLP (Joint Broker)

Dan Webster /George Sellar

Tel:  +44 (0)20 7418 8900

 

 

Instinctif Partners (Financial Public Relations)

Justine Warren

 

Tel: +44 (0) 207 457 2020

 

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