30 July 2020
Card Factory plc
(the "Company" or "Card Factory")
Result of Annual General Meeting ("AGM")
Card Factory, the UK's leading specialist retailer of greeting cards, dressings and gifts, announces that all of the resolutions (save for resolution 3, which was withdrawn, as announced on 28 July 2020) set out in Part II of the Notice of AGM ("AGM Notice") published by the Company on 19 June 2020 were passed by way of a show of hands at its AGM held earlier today.
Details of the proxy voting instructions, lodged prior to the meeting, are set out below:
| |
Resolution |
Votes for |
% of votes cast
|
Votes against |
% of votes cast |
Votes withheld |
| 1. |
Approve Annual Report
|
232,745,699 |
100.00% |
32,135
|
0.01% |
935,291 |
| 2. |
Re-elect Paul Moody
|
232,214,251 |
99.67% |
808,253 |
0.33% |
820,363 |
| 3. |
Re-elect Karen Hubbard
|
Resolution Withdrawn |
||||
| 4. |
Re-elect Kristian Lee
|
233,721,576 |
99.98% |
43,534 |
0.02% |
32,836 |
| 5. |
Re-elect Octavia Morley
|
233,614,441 |
99.93% |
229,484 |
0.09% |
26,892 |
| 6. |
Re-elect David Stead
|
233,549,755 |
99.91% |
215,142 |
0.09% |
33,049 |
| 7. |
Re-elect Paul McCrudden |
233,603,580 |
99.93% |
159,185 |
0.07% |
35,181 |
| 8. |
Re-elect Roger Whiteside |
233,604,571 |
99.93% |
158,326 |
0.06% |
35,049 |
| 9. |
Elect Nathan Lane
|
202,031,107 |
99.98% |
38,722 |
0.02% |
31,728,117 |
| 10. |
Approve Remuneration Report |
229,041,318 |
98.63% |
3,285,212 |
1.36% |
3,140,846 |
| 11. |
Re-appoint auditor
|
232,898,943 |
99.96% |
86,019 |
0.04% |
812,984 |
| 12. |
Remuneration of auditor
|
233,685,127 |
99.96% |
84,504 |
0.03% |
28,315 |
| 13. |
Authority to allot shares
|
233,671,275 |
99.96% |
86,394 |
0.04% |
40,277 |
| 14. |
Authority to disapply pre-emption rights |
230,622,010 |
98.66% |
3,133,084 |
1.28% |
42,965 |
| 15. |
Additional authority to disapply pre-emption rights |
232,934,701 |
99.65% |
848,901 |
0.35% |
42,965 |
| 16. |
Authority to purchase own shares |
232,959,952 |
99.65% |
838,114 |
0.34% |
28,501 |
| 17. |
Authority to call general meetings on 14 days' notice |
231,492,240 |
99.03% |
2,272,309 |
0.93% |
31,631 |
Notes:
1. Any proxy appointments which gave discretion to the Chairman have been included in the "Votes for" total.
2. "Votes withheld" are not votes in law and do not count in the number of votes counted for or against a resolution.
3. Valid proxy appointments were made in respect of 244,684,075 shares representing 71.62% of the issued share capital
4. In accordance with Listing Rule 9.6.2R, the full text of the special business resolutions passed will be submitted to the UK Listing Authority via the National Storage Mechanism and will shortly be available at www.morningstar.co.uk/uk/NSM.
5. A copy of this announcement will shortly be available on the Company's investor relations website at www.cardfactoryinvestors.com
6. As at 28 July 2020, the Company had 341,626,396 ordinary shares of £0.01 each in issue with voting rights. No shares are held in treasury.
7. Resolutions 1, 2 and 4 to 13 (inclusive) were passed as ordinary resolutions and resolutions 14 to 17 (inclusive) were passed as special resolutions.
8. As detailed in the Notice of Annual General Meeting, shareholders were invited to submit to the Company any questions they would otherwise have asked at the AGM. Subject to any regulatory restrictions, the Board will publish a summary of responses to relevant questions received on the Card Factory investor website at www.cardfactoryinvestors.com shortly.
Name of authorised Company official responsible for making this notification:
Ciaran Stone, Company Secretary
01924 839150
| Enquiries: |
|
| Card Factory Plc |
Tel: 01924 839150 |
| Paul Moody, Executive Chairman |
|
| Kristian Lee, Chief Financial Officer |
|
| Tulchan Communications James Macey White / Elizabeth Snow / Amber Ahluwalia
|
Tel: +44 (0) 207 353 4200 |
| |
|