Result of AGM

Loungers PLC

08 October 2024

 

8 October 2024

Loungers plc

("Loungers" or "the Company")

Result of the Annual General Meeting ("AGM")

The Board is pleased to announce that all of the resolutions put to shareholders at today's AGM were passed by means of a poll, including the ordinary resolutions (1 to 7) and special resolutions (resolutions 8 to 11) set out in the Company's notice of AGM dated 30 August 2024.

The final voting figures are shown below.

Resolution	Total Votes Cast	For (*)		Against		Withheld
		Number	%	Number	%
1: To receive the Company's audited accounts together with the reports thereon of the Directors and auditors	91,358,077	91,010,218	99.62%	347,859	0.38%	1,296
2: To re-elect Nicholas Collins as a Director	91,358,077	91,341,521	99.98%	16,556	0.02%	1,296
3: To elect Stephen Marshall as a Director	91,358,077	90,632,513	99.26%	675,564	0.74%	1,296
4: To re-elect Jill Little as a Director	91,359,007	80,027,950	87.60%	11,331,057	12.40%	366
5: To re-appoint PricewaterhouseCoopers LLP as auditors of the Company	91,353,007	91,039,067	99.66%	313,940	0.34%	6,366
6: To authorise the Audit Committee to set the auditors' remuneration	91,357,077	91,039,067	99.65%	318,010	0.35%	2,296
7: To authorise the Directors to allot shares	91,353,525	80,331,643	87.93%	11,021,882	12.07%	5,848
8: To authorise the Directors to disapply statutory pre-emption rights in respect of 10% of the Company's issued share capital	91,357,077	80,316,000	87.91%	11,041,077	12.09%	2,296
9: To authorise the Directors to disapply statutory pre-emption rights in respect of an additional 10% of the Company's issued share capital	91,357,077	80,316,000	87.91%	11,041,077	12.09%	2,296
10. To authorise the Company to buy back shares	91,358,007	91,285,685	99.92%	72,322	0.08%	1,366
11. That a general meeting, other than an AGM, may be called on not less than 14 clear days' notice.	91,359,007	91,324,046	99.96%	34,961	0.04%	366

(*) = Includes discretionary votes

The total number of Ordinary 1p shares in issue, excluding the 195,000 treasury shares as at the date of the AGM, was 103,903,443. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which the member is the holder on a poll.

For further information please contact:

Loungers plc Nick Collins, Chief Executive Officer Stephen Marshall, Chief Financial Officer	Via Sodali & Co
Houlihan Lokey UK Limited (Financial Adviser and NOMAD) Sam Fuller/ Tim Richardson	Tel: [phone]
Panmure Liberum Limited (Joint Broker) Andrew Godber / John Fishley	Tel: [phone]
Peel Hunt LLP (Joint Broker) Dan Webster / Lalit Bose	Tel: [phone]
Sodali & Co (Financial Public Relations) Rob Greening / Russ Lynch / Oliver Banks	Tel: [phone]

 

END