Result of AGM

Released : 18 May 2017 14:22

RNS Number : 5765F
Next PLC
18 May 2017
 

Contacts:

Alistair Mackinnon-Musson

 

 

Rowbell PR

Tel:  020 7717 5239

 

Email: next@rowbellpr.com

 

 

Photographs:

Photographs available at:

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

 

NEXT PLC

Results of 2017 Annual General Meeting ("AGM")

The Board of Next plc is pleased to announce that at the AGM of Next shareholders held on 18 May 2017 all resolutions as set out in the Notice of Meeting contained in the Annual Report and Accounts for the year ended 28 January 2017 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 6pm on 16 May 2017, being those eligible to be voted on at the AGM, was 147,056,562. 

 

 

For

Against

TOTAL VOTES CAST

% of shares on register at 6pm 16 May 2017

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

108,995,810

99.58

455,579

0.42

109,451,389

74.43

28,113

2 To approve the Directors' Remuneration Policy

 

Ordinary

107,107,291

98.64

1,471,317

1.36

108,578,608

73.83

900,892

3 To approve the Remuneration Report

 

Ordinary

108,223,045

99.60

436,396

0.40

108,659,441

73.89

820,060

4 To declare a final dividend of 105p per ordinary share

 

Ordinary

109,464,444

100.00

4,504

0.00

109,468,948

74.44

10,554

5 To re-elect John Barton as a director

 

Ordinary

106,807,508

97.60

2,623,541

2.40

109,431,049

74.41

48,453

6 To elect Jonathan Bewes as a director

 

Ordinary

109,068,801

99.67

361,757

0.33

109,430,558

74.41

48,944

7 To re-elect Caroline Goodall as a director

 

Ordinary

108,918,613

99.53

512,570

0.47

109,431,183

74.41

48,319

8 To re-elect Amanda James as a director

 

Ordinary

108,890,381

99.51

540,933

0.49

109,431,314

74.41

48,188

9 To re-elect Michael Law as a director

 

Ordinary

108,967,226

99.58

463,597

0.42

109,430,823

74.41

48,679

10 To elect Michael Roney as a director

 

Ordinary

108,488,792

99.92

92,150

0.08

108,580,942

73.84

898,559

11 To re-elect Francis Salway as a director

 

Ordinary

109,061,016

99.66

369,451

0.34

109,430,467

74.41

49,035

12 To re-elect Jane Shields as a director

 

Ordinary

108,968,059

99.58

462,334

0.42

109,430,393

74.41

49,109

13 To re-elect Dame Dianne Thompson as a director

 

Ordinary

109,007,329

99.61

423,373

0.39

109,430,702

74.41

48,800

14 To re-elect Lord Wolfson as a director

 

Ordinary

108,968,010

99.58

464,501

0.42

109,432,511

74.42

46,991

15 To appoint PricewaterhouseCoopers LLP as auditor and authorise the directors to set their remuneration

 

Ordinary

109,316,280

99.94

63,785

0.06

109,380,065

74.38

99,436

16 Authority for the directors to amend the rules of the NEXT Long Term Incentive Plan

 

Ordinary

108,796,669

99.39

665,001

0.61

109,461,670

74.44

17,832

17  Directors' authority to allot shares

 

Ordinary

103,330,203

94.47

6,046,545

5.53

109,376,748

74.38

102,753

18 Authority to disapply pre-emption rights

Special

109,116,676

99.69

340,206

0.31

109,456,882

74.43

22,620

19 Authority to disapply additional pre-emption rights

 

Special

103,069,338

94.16

6,388,333

5.84

109,457,671

74.43

21,830

20 Authority for on-market purchase of own shares

 

Special

107,862,705

98.54

1,601,914

1.46

109,464,619

74.44

14,883

212 Authority for off-market purchases of own shares

Special

108,273,887

98.92

1,186,586

1.08

109,460,473

74.43

19,028

Less votes disregarded under the provisions of the Companies Act 2006

 

(3,000,000)²

 

 

 

(3,000,000)²

 

 

 

Resolution 21 total

 

105,273,887

98.89

1,186,586

1.11

106,460,473

72.39

 

22 Increasing the Company's borrowing powers

 

Special

106,699,892

97.90

2,289,071

2.10

108,988,963

74.11

490,538

23 To authorise the calling of general meetings (other than Annual General Meetings) on 14 clear days' notice

 

Special

104,699,713

96.06

4,296,677

3.94

108,996,390

74.12

483,111

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. As explained in the Notice of Meeting, 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, a copy of resolutions passed as special business will be submitted as soon as practicable to the National Storage Mechanism and will be available shortly for inspection at http://www.morningstar.co.uk/uk/NSM 


This information is provided by RNS
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