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Friday 23 June, 2017 plc

Result of Annual General Meeting

RNS Number : 0587J plc
23 June 2017

For Immediate Release     

23 June 2017 plc

("boohoo" or the "Company")


Result of Annual General Meeting ("AGM") plc announces that all resolutions were passed at the Company's Annual General Meeting held on 23 June 2017.

Resolution 11 sought authorisation to buy back up to 10% of issued share capital as at 17 May 2017 (being the latest practicable date prior to the publication of the AGM notice). This was conditional on independent shareholders approving a whitewash resolution (Resolution 12), on a poll, pursuant to Rule 9 of the City Code on Takeovers and Mergers.  The Company confirms that Resolution 12 was passed on a poll with the results being as follows: 313,345,521 votes (73.98%) for, 110,212,671 votes (26.02%) against and 428,135,387 votes withheld.

Following the passing of Resolution 12, the Concert Party (as defined in the AGM Circular) remains unchanged at, in aggregate, 442,798,281 Ordinary Shares, representing 38.57% of the issued share capital of the Company. If the Board were to exercise the authority pursuant to resolution 11, in whole or in part, and cancel the Ordinary Shares acquired or put those into treasury, then the shareholding of the Concert Party would proportionately increase, up to a possible maximum of 42.76% of the issued share capital of the Company.

The full text of the resolutions is set out in the Notice of Meeting dated 22 May 2017 which is available at



Enquiries plc

Neil Catto, Chief Financial Officer

Clara Melia, Investor Relations


Tel: +44 (0)161 233 2050

Tel: +44 (0)7748 171236


Zeus Capital - Nominated adviser and joint broker

Nick Cowles/Andrew Jones (Corporate Finance)

John Goold/Benjamin Robertson (Corporate Broking)


Tel: +44 (0)161 831 1512

Tel: +44 (0)20 3829 5000

Jefferies Hoare Govett - Joint broker

Nick Adams/Max Jones


Tel: +44 (0)20 7029 8000


Buchanan - Financial PR advisor

Richard Oldworth/Madeleine Seacombe

Tel: +44 (0)20 7466 5000

[email protected]


About plc


"boohoo is a leader in the fashion eCommerce market"


Founded in Manchester in 2006, the Group started life as, an inclusive and innovative brand targeting young, value-orientated customers. For over 10 years, has been pushing boundaries to bring its customers up-to-date fashion, 24/7. has grown rapidly in the UK and internationally, including through the acquisitions of the fashion brands PrettyLittleThing, and Nasty Gal, and expanding its offering with range extensions into menswear and children's wear, through boohooMAN and boohooKIDS.


Today the boohoo Group sells to over 6 million customers in almost every country in the world. 


This information is provided by RNS
The company news service from the London Stock Exchange

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