Result of AGM

Lookers PLC

24 May 2023

 

24 May 2023

Lookers plc

(the "Company")

Results of 2022 Annual General Meeting

The Company announces that at its Annual General Meeting held at 10:00am on 24 May 2023 (the "AGM") all of the resolutions set out in the Notice of Annual General Meeting (the "Notice") published on 17 April 2023 were passed by the requisite majority by means of a poll vote. Resolutions 1 to 13 were passed as ordinary resolutions (requiring a simple majority of votes in favour of the resolution) and resolutions 14 to 17 were passed as special resolutions (requiring a 75% majority of votes in favour). The results of the poll for each resolution are set out below:

Resolution	Description	Votes for	%	Votes against	%	Votes withheld*	Votes cast as a % of issued share capital
1	To receive and adopt the accounts for the year ended 31 December 2022, together with the Reports of the Directors and of the Auditors thereon.	211,416,313	99.9982%	3,800	0.002%	47,614	55.33%
2	To approve the Directors' Remuneration Report (excluding the Director's Remuneration Policy) for the year ended 31 December 2022.	194,756,573	92.10%	16,704,043	7.90%	7,111	55.34%
3	To approve the Directors' Remuneration Policy for the year ended 31 December 2022.	210,485,767	99.54%	975,644	0.46%	6,316	55.34%
4	To declare a final dividend of 2.0p per ordinary share in the Company in respect of the year ended 31 December 2022.	211,464,028	99.9987%	2,699	0.001%	1,000	55.34%
5	To re-appoint BDO LLP as the auditors to the Company.	211,152,601	99.85%	308,331	0.15%	6,795	55.34%
6	To authorise the Audit and Risk Committee of the Company to determine the remuneration of the auditors.	211,144,792	99.85%	316,140	0.15%	6,795	55.34%
7	To elect Susan Jane Farr as a Director.	210,254,360	99.43%	1,206,573	0.57%	6,794	55.34%
8	To re-elect Oliver Walter Laird as a Director.	200,118,227	94.64%	11,342,706	5.36%	6,794	55.34%
9	To re-elect Robin James Churchouse as a Director.	208,412,785	98.58%	3,005,283	1.42%	49,659	55.33%
10	To re-elect Duncan Andrew McPhee as a Director.	200,125,021	94.64%	11,342,706	5.36%	0	55.34%
11	To re-elect Mark Douglas Raban as a Director.	200,116,791	94.63%	11,350,936	5.37%	0	55.34%
12	To re-elect Paul Michael Van der Burgh as a Director.	207,778,081	98.26%	3,689,645	1.74%	1	55.34%
13	To grant the Board authority to allot shares.	211,080,953	99.84%	345,584	0.16%	41,190	55.33%
14	To grant the Board authority to disapply pre-emption rights.	209,915,022	99.27%	1,552,705	0.73%	0	55.34%
15	To grant the Board authority to further disapply pre-emption rights for acquisitions.	209,773,161	99.20%	1,694,566	0.80%	0	55.34%
16	To authorise the Company to make market purchase of its own shares.	211,258,726	99.97%	54,453	0.03%	154,548	55.30%
17	To authorise calling general meetings on short notice.	210,952,808	99.76%	514,919	0.24%	0	55.34%

Notes:

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 is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "issued share capital instructed" for any resolution.

3. The issued share capital of the Company as at 24 May 2023 was 382,119,214 ordinary shares of 5 pence each. The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote at the AGM was 382,119,214. Each share carries one vote. No shares are held in treasury.

4. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.

5. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.lookersplc.com.

6. A copy of the special business resolution passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

7. The poll results will be available shortly on the Company's website at www.lookersplc.com.

Enquiries:

Katie Lewis

Deputy Company Secretary

0161 291 0043

The Company is registered in England at Lookers House, 3 Etchells Road, West Timperley, Altrincham WA14 5XS. Company registration number 00111876. LEI number 213800TSB8PJEACDAV33

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

 

END