Result of AGM

Sanderson Design Group PLC

28 June 2024

 

For immediate release

28 June 2024

SANDERSON DESIGN GROUP PLC

("Sanderson Design Group", the "Company" or the "Group")

Result of AGM

Sanderson Design Group PLC (AIM: SDG), the luxury interior design and furnishings group, held its Annual General Meeting ("AGM") earlier today at which all resolutions were duly passed.

All resolutions were taken on a poll and were passed with the majorities as set out below.

Resolution	Votes For*	%	Votes Against	%	Total Votes validly cast	Votes Withheld**
1.     To receive the reports of the directors and of the auditors, together with the accounts for the year ended 31 January 2024	39,301,101	100.00%	0	0.00%	39,301,101	21,268
2. Declaration of final dividend	39,322,369	100.00%	0	0.00%	39,322,369	0
3. To re-elect Dianne Thompson as a Non-executive Director	39,304,411	99.99%	2,958	0.01%	39,307,369	15,000
4.   To re-elect Juliette Stacey as a Non-executive Director	39,304,411	99.99%	2,958	0.01%	39,307,369	15,000
5. To re-elect Christopher Rogers as a Non-executive Director	39,304,411	99.99%	2,958	0.01%	39,307,369	15,000
6. To re-elect Patrick Lewis as a Non-executive Director	39,304,411	99.99%	2,958	0.01%	39,307,369	15,000
7. To re-elect Lisa Montague as a Director	39,304,411	99.99%	2,958	0.01%	39,307,369	15,000
8.  To re-elect Mike Woodcock as a Director	39,296,911	99.97%	10,458	0.03%	39,307,369	15,000
9. To re-appoint BDO LLP as auditors of the Company	39,318,488	100.00%	923	0.00%	39,319,411	2,958
10. To authorise the Directors to determine the remuneration of the auditors	39,318,488	100.00%	923	0.00%	39,319,411	2,958
11. To authorise the Directors to allot shares	38,127,090	96.96%	1,195,279	3.04%	39,322,369	0
12. To renew the Directors' authority to dis-apply pre-emption rights (Special Resolution)	38,052,067	96.79%	1,262,802	3.21%	39,314,869	7,500
13. To enable an additional 10% of the Company's current issued share capital to be issued without applying the statutory pre-emption requirements where the share issue is proposed in connection with an acquisition or capital investment (Special Resolution)	36,054,567	91.69%	3,267,802	8.31%	39,322,369	0
14. To authorise the Company to purchase its own shares (Special Resolution)	31,487,337	99.99%	3,000	0.01%	31,490,337	7,832,032
15. Notice period for calling of General Meetings (Special Resolution)	39,244,947	99.84%	62,422	0.16%	39,307,369	15,000

Notes:

* Includes discretionary votes

** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

The full text for each resolution is set out in the Notice of AGM.

For further information:

Sanderson Design Group PLC	c/o Burson Buchanan  [phone]
Lisa Montague, Chief Executive Officer
Mike Woodcock, Chief Financial Officer
David Gracie, Company Secretary
[e-mail]
Investec Bank plc (Nominated Adviser and Joint Broker)	[phone]
David Anderson / Ben Farrow
Singer Capital Markets (Joint Broker)	[phone]
Tom Salvesen / Jen Boorer / Alex Emslie
Burson Buchanan	[phone]
Mark Court / Sophie Wills / Toto Berger / Abigail Gilchrist
[e-mail]

Notes for editors:

About Sanderson Design Group

Sanderson Design Group PLC is a luxury interior furnishings company that designs, manufactures and markets wallpapers, fabrics and paints. In addition, the Company derives licensing income from the use of its designs on a wide range of products such as bed and bath collections, rugs, blinds and tableware.

Sanderson Design Group's brands include Zoffany, Sanderson, Morris & Co., Harlequin, Clarke & Clarke and Scion.

The Company has a strong UK manufacturing base comprising Anstey wallpaper factory in Loughborough and Standfast & Barracks a fabric printing factory, in Lancaster. Both sites manufacture for the Company and for other wallpaper and fabric brands.

Sanderson Design Group employs approximately 600 people, and its products are sold worldwide. It has showrooms in London, New York, Chicago and Amsterdam.

Sanderson Design Group trades on the AIM market of the London Stock Exchange under the ticker symbol SDG.

For further information please visit: https://sandersondesign.group/

 

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