21 May 2021
Headlam Group plc
('Headlam' or the 'Company')
2021 Annual General Meeting ('AGM') Poll Results
The Board of Headlam is pleased to announce that all the resolutions put to its shareholders at the AGM held earlier today were duly passed by the requisite majorities on a poll.
In accordance with Listing Rule 9.6.2, copies of the special business resolutions (10, 12, 13, 14 and 15) passed at the AGM will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The results of the poll for each resolution are shown below:
| | Resolution | Votes For (including discretionary votes) | Votes Against | Votes Withheld | Total Votes Cast (excluding Votes Withheld) | |||
| | | No. of Votes | % of votes cast | No. of Votes | % of votes cast | No. of Shares | No. of Votes | % of Issued Share Capital** |
| 1. | Receive the Annual Report and Accounts | 64,753,073 | 100 | 0 | 0 | 151,497 | 64,753,073 | 76.07 |
| 2. | Approve the Remuneration Report | 62,073,300 | 95.65 | 2,826,072 | 4.35 | 5,198 | 64,899,372 | 76.24 |
| 3. | Re-elect Philip Lawrence | 59,494,702 | 91.67 | 5,409,218 | 8.33 | 650 | 64,903,920 | 76.25 |
| 4. | Re-elect Steve Wilson | 63,383,614 | 97.66 | 1,520,306 | 2.34 | 650 | 64,903,920 | 76.25 |
| 5. | Re-elect Chris Payne | 64,003,141 | 98.61 | 900,779 | 1.39 | 650 | 64,903,920 | 76.25 |
| 6. | Re-elect Keith Edelman | 62,757,509 | 96.69 | 2,146,411 | 3.31 | 650 | 64,903,920 | 76.25 |
| 7. | Re-elect Amanda Aldridge | 64,000,827 | 98.61 | 903,093 | 1.39 | 650 | 64,903,920 | 76.25 |
| 8. | Re-appoint PricewaterhouseCoopers LLP as the Auditor | 64,749,640 | 99.76 | 154,280 | 0.24 | 650 | 64,903,920 | 76.25 |
| 9. | Authorise the Directors to determine Auditor's remuneration | 64,900,627 | 99.99 | 3,293 | 0.01 | 650 | 64,903,920 | 76.25 |
| 10. | Extend the Rules of the Headlam Group Sharesave Scheme | 64,903,553 | 99.99 | 367 | 0.01 | 650 | 64,903,920 | 76.25 |
| 11. | Authorise allotment of shares | 64,896,902 | 99.99 | 7,018 | 0.01 | 650 | 64,903,920 | 76.25 |
| 12. | Disapply pre-emption rights* | 64,896,385 | 99.99 | 7,535 | 0.01 | 650 | 64,903,920 | 76.25 |
| 13. | Authorise purchase of own shares* | 64,698,323 | 99.69 | 204,093 | 0.31 | 2,154 | 64,902,416 | 76.25 |
| 14. | Approve and adopt the draft Articles of Association* | 64,903,073 | 100 | 0 | 0 | 1,497 | 64,903,073 | 76.25 |
| 15. | Call general meetings on 14 days' notice* | 59,596,659 | 91.82 | 5,307,261 | 8.18 | 650 | 64,903,920 | 76.25 |
* Indicates a special resolution requiring a 75% majority of votes cast
** Excludes treasury shares
Notes:
1 A vote 'Withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.
2 As at the voting record date, Headlam had 85,639,209 ordinary shares in issue, of which 85,120,927 held voting rights.
3 To calculate the proxy votes as a percentage of shares in issue, treasury shares were excluded.
Enquiries:
| Headlam Group plc Steve Wilson, Chief Executive Chris Payne, Chief Financial Officer Catherine Miles, Director of Communications | Tel: 01675 433 000 Email: headlamgroup@headlam.com |
| Investec Bank plc (Corporate Broker) David Flin / Alex Wright | Tel: 020 7597 5970 |
| | |
| Panmure Gordon (UK) Limited (Corporate Broker) Erik Anderson / Edward Walsh / Ailsa MacMaster | Tel: 020 7886 2500 |
|
Alma PR (Financial PR) Susie Hudson / Harriet Jackson / Faye Calow |
Tel: 020 3405 0205 headlam@almapr.co.uk |
Notes for Editors:
Headlam is Europe's leading floorcoverings distributor, providing the channel between suppliers and trade customers of floorcoverings.
Headlam works with suppliers across the globe manufacturing a diverse range of floorcovering products, and provides them with a cost efficient and effective route to market for their products into the highly fragmented customer base. Alongside long-established processing and distribution expertise, suppliers benefit from Headlam's marketing and customer servicing into the most extensive customer base.
To maximise customer reach, Headlam currently operates 66 businesses across the UK and Continental Europe (France, and the Netherlands). Each business operates under its own trade brand and utilises individual sales teams while being supported by the Company's network and centralised resources.
The Company's customer base covers both the residential and commercial sectors, with the principal customer groups being independent retailers and smaller flooring contractors alongside other groups such as larger retailers, housebuilders, specifiers, and local authorities.
Headlam is focused on providing customers with a market-leading service through:
· the broadest product offering;
· unrivalled product knowledge and tailored solutions;
· sales team and marketing support;
· e-commerce support;
· 'just-in-time' nationwide delivery and collection service; and
· other support including the provision of credit.
www.headlam.com
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