Annual Report and Accounts and Notice of AGM

RNS Number : 7074F

AO World plc

19 July 2021

 

19 July 2021

AO World plc

Publication of Annual Report and Accounts and Notice of Annual General Meeting

Following the release on 1 July 2021 of its preliminary results for the year ended 31 March 2021, AO World plc ("Company") announces that it is today publishing its 2021 Annual Report and Accounts. The Company also announces that its Annual General Meeting ("AGM") will be held at 8.00am on Wednesday 29 September 2021 at AO Manchester, Baskerville House, Browncross Street, West Riverside, Salford, M60 9HP.

The Board remains cognisant of the ongoing public health risk and recognises that the situation in relation to the pandemic can change quickly and that social distancing requirements may make an open meeting impractical. The Board will therefore continue to monitor developments and will make changes to the arrangements for the meeting as necessary. Any such changes will be advised to shareholders though Company's website and, where appropriate, by RNS announcement. We strongly urge that shareholders vote by using the Form of Proxy, enclosed with the Notice of AGM.

In accordance with Listing Rule 9.6.1 of the UK Financial Conduct Authority (FCA) a copy of the Annual Report and Accounts, the Notice of AGM and Proxy Form have been submitted to the National Storage Mechanism and will shortly be available for viewing here.

Copies of the Annual Report and Notice of Annual General Meeting will also be shortly available to view on the Company's corporate website at www.ao-world.com/investor-centre/reports-and-presentations

For further information, please contact:

AO World plc  Tel: [phone]

Julie Finnemore, Company Secretary  [e-mail]

Notes

About AO

AO World plc, headquartered in Bolton and listed on the London Stock Exchange, is an online electrical retailer, with a mission to be the global destination for electricals. Our strategy is to create value by focussing on being brilliant for our customers to make AO the destination for everything they need, in the simplest and easiest way, when buying electricals.

We sell major and small domestic appliances and a growing range of electrical products in the UK and Germany, delivering them via our in-house logistics business and carefully selected third parties. We also provide ancillary services such as the installation of new and collection of old products and offer product protection plans and customer finance.

In the UK, AO operates in five main categories (Major Domestic Appliances "MDA", Small Domestic Appliances "SDA", Audio Visual "AV" and Consumer Electronics "CE").  Following the acquisition of Mobile Phones Direct Limited in December 2018, AO has significantly broadened its mobile phone category.

AO Business serves the B2B market in the UK, providing electricals and installation services at scale.

AO launched in Germany in October 2014 with MDA and now also sells Floorcare, AV and SDA categories.

AO also has a majority equity stake in AO Recycling, a WEEE processing facility, allowing AO to ensure its customers' electronic waste is dealt with responsibly in the UK and has recently added a state-of-the-art plastics refinement facility to its recycling capability.

 

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