29 June 2020
LOOKERS PLC (The "Company")
RESULT OF ANNUAL GENERAL MEETING
The Company announces that all resolutions were passed by the requisite majorities on a poll(1) at the Company's Annual General Meeting held on 29 June 2020.
As previously notified by the Company on 24 June 2020, Sally Cabrini and Richard Walker did not stand for re-election at the AGM and so resolutions 2 and 4 were withdrawn from the meeting. The consent of the shareholders present at the meeting were obtained for the withdrawal. Consequently, Sally Cabrini and Richard Walker left the Board at the conclusion of the Annual General Meeting.
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Resolution |
Votes FOR (including discretion) |
% |
Votes AGAINST |
% |
Withheld(2) |
Votes cast as a % of share capital(3) |
| 1. |
To re-elect Tony Bramall |
241,442,330 |
98.69 |
3,201,732 |
1.31 |
0 |
62.71 |
| 2. |
To re-elect Sally Cabrini |
Resolution Withdrawn |
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| 3. |
To re-elect Stuart Counsell |
211,226,626 |
88.45 |
27,573,286 |
11.55 |
5,844,150 |
61.21 |
| 4. |
To re-elect Richard Walker |
Resolution Withdrawn |
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|
|
|
|
| 5. |
To re-elect Phil White |
220,989,379 |
91.62 |
20,209,852 |
8.38 |
3,444,831 |
61.82 |
| 6. |
To elect Mark Raban |
241,241,230 |
98.69 |
3,202,832 |
1.31 |
200,000 |
62.66 |
| 7. |
To elect Heather Jackson |
241,635,679 |
98.85 |
2,808,333 |
1.15 |
200,050 |
62.66 |
| 8. |
To elect Victoria Mitchell |
241,635,679 |
98.85 |
2,808,383 |
1.15 |
200,000 |
62.66 |
| 9. |
To renew authority to allot shares |
241,151,881 |
98.57 |
3,492,181 |
1.43 |
0 |
62.71 |
| 10. |
Disapply pre-emption rights* |
241,598,106 |
98.84 |
2,845,956 |
1.16 |
200,000 |
62.66 |
| 11. |
Disapply pre-emption rights for general meetings* |
241,625,106 |
98.85 |
2,818,956 |
1.15 |
200,000 |
62.66 |
| 12. |
Renew authority to purchase own shares* |
241,440,015 |
98.75 |
3,049,499 |
1.25 |
154,548 |
62.67 |
| 13. |
Approve 14 days' notice for general meetings* |
240,586,841 |
98.34 |
4,057,171 |
1.66 |
50 |
62.71 |
*Indicates a Special Resolution requiring a 75% majority
(1) In accordance with the Company's Articles of Association, on a poll every member present in person or by proxy has one vote for every share held.
(2) A vote "withheld" is not a vote in law and has not been counted as a vote "for" or "against" a resolution.
(3) The votes validly cast by proxy in the table above as a percentage of Lookers plc's issued share capital of 390,138,374 ordinary shares of 5p each as at 29 June 2020.
(4) To view the full wording of the resolutions, please refer to the 2020 Notice of Annual General Meeting.
In accordance with LR 9.6.2, a copy of the resolutions passed, other than resolutions concerning ordinary business, at today's AGM will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
A copy of the AGM results as shown above will also be made available on the Company's website.
No other resolutions were put to the meeting.
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For further information: |
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| Phil White, Executive Chairman |
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Tel: 0161 291 0043 |
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| MHP Communications |
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| Tim Rowntree, Simon Hockridge |
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Tel: 07709 496 125 |
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Email: Lookers@mhpc.com |