Result of AGM

RNS Number : 9938C

Loungers PLC

14 October 2022

 

14 October 2022

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 6) and special resolutions (resolutions 7 to 10) set out in the Company's notice of AGM dated 25 August 2022.

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	95,091,233	85,749,841	93.34	6,116,240	6.66	3,225,152
2: To re-elect Gregor Grant as a Director	95,091,233	95,089,240	100	0	0	1,993
3: To re-elect Adam Bellamy as a Director	95,091,233	95,089,240	100	0	0	1,993
4: To re-appoint PricewaterhouseCoopers LLP as auditors of the Company	95,091,233	95,089,480	100	1,753	0	0
5: To authorise the Audit Committee to set the auditors' remuneration	95,091,233	95,089,480	100	823	0	930
6: To authorise the Directors to allot shares	95,091,233	89,166,484	93.77	5,923,819	6.23	930
7: To authorise the Directors to disapply statutory pre-emption rights in respect of 5% of the Company's issued share capital	95,091,233	89,146,284	93.75	5,943,819	6.25	1,130
8: To authorise the Directors to disapply statutory pre-emption rights in respect of an additional 5% of the Company's issued share capital	95,091,233	89,146,284	93.75	5,944,019	6.25	930
9. To authorise the Company to buy back shares	95,091,233	95,090,210	100	1,023	0	0
10. That a general meeting, other than an AGM, may be called on not less than 14 clear days' notice.	95,091,233	95,070,410	99.98	20,823	0.02	0

(*) = Includes discretionary votes

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 103,303,312 shares. 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 he is the holder on a poll.

For further information please contact:

Loungers plc Nick Collins, Chief Executive Officer Gregor Grant, Chief Financial Officer	Via Powerscourt
Houlihan Lokey UK Limited (Financial Adviser and NOMAD) Sam Fuller / Tim Richardson	Tel: [phone]
Powerscourt  (Financial Public Relations) Rob Greening / Nick Hayns /Elizabeth Kittle	Tel: [phone]

 

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