REG - Sports Direct Intl. - Results of 2016 Annual General Meeting <Origin Href="QuoteRef">SPD.L</Origin>

FrasersAnnouncement

07/09/2016 15:10

RNS Number : 2290J
Sports Direct International Plc
07 September 2016
7 September 2016
SPORTS DIRECT INTERNATIONAL PLC 
("Sports Direct" or the "Company")
Results of 2016 Annual General Meeting ("AGM")
Sports Direct announces the results of the poll on the resolutions put at its AGM held on Wednesday 7 September 2016 at Unit D, Brook Park East, Shirebrook, NG20 8RY at 11.00am.

VOTES
FOR
%
VOTES
AGAINST
%
VOTES
TOTAL
% of ISC1 VOTED
VOTES
WITHHELD2
1.To receive the audited accounts and the reports of the Directors and of the auditors for the financial year ended 24 April 2016.
515,943,476
96.83
16,877,295
3.17
532,820,771
89.31%
500,346
2. To approve the Directors' Remuneration Report for the year ended 24 April 2016
498,744,600
93.59
34,184,194
6.41
532,928,794
89.32%
392,463
3. To re-elect Keith Hellawell as a director of the Company
416,606,701
81.02
97,613,378
18.98
514,220,079
86.19%
19,098,179
4. To re-elect Mike Ashley as a director of the Company
480,581,212
92.61
38,369,866
7.39
518,951,078
86.98%
14,370,179
5. To re-elect Simon Bentley as a director of the Company
450,758,228
86.86
68,194,351
13.14
518,952,579
86.98%
14,368,679
6. To re-elect Dave Forsey as a director of the Company
532,332,623
99.89
595,067
0.11
532,927,690
89.32%
393,567
7. To re-elect Dave Singleton as a director of the Company
452,982,103
87.29
65,966,476
12.71
518,948,579
86.98%
14,372,679
8. To re-elect Claire Jenkins as a director of the Company
454,472,016
87.58
64,475,801
12.42
518,947,817
86.98%
14,373,441
9. To re-elect Matt Pearson as a director of the Company
532,328,862
99.89
593,066
0.11
532,921,928
89.32%
399,329
10 To re-appoint Grant Thornton UK LLP as the Company's auditors, to hold office until the conclusion of the next Annual General Meeting
495,877,718
93.05
37,045,478
6.95
532,923,196
89.32%
398,062
11. To authorise the directors to determine the remuneration of the auditors
488,509,237
92.49
39,686,459
7.51
528,195,696
88.53%
5,125,562
12. To grant authority for the directors to allot shares 
526,817,381
98.85
6,107,578
1.15
532,924,959
89.32%
393,299
13.To grant additional authority for the directors to allot shares in connection with a rights issue
504,436,641
94.65
28,491,352
5.35
532,927,993
89.32%
393,265
14. To dis-apply pre-emption rights 
526,895,821
98.80
6,412,903
1.20
533,308,724
89.39%
12,534
15. To dis-apply pre-emption rights
503,348,736
94.45
29,579,225
5.55
532,927,961
89.32%
393,297
16. To authorise the Company to purchase its own shares
531,488,084
99.73
1,440,611
0.27
532,928,695
89.32%
392,563
17. To reduce the notice period for all general meetings other than the Annual General Meeting
529,973,986
99.45
2,954,851
0.55
532,928,837
89.32%
392,420
18.To authorise the making of political donations
532,513,509
99.92
414,120
0.08
532,927,629
89.32%
393,629
19: To commission an independent review of Sports Direct International plc's human capital management strategy
105,907,462
20.66
406,685,027
79.34
512,592,489
85.92%
20,728,323
* Independent Resolutions





3*. To re-elect Keith Hellawell as a director of the Company
86,606,701
47.01
97,613,378
52.99
184,220,079
55.82%
19,098,179
5*. To re-elect Simon Bentley as a director of the Company
120,758,228
63.91
68,194,351
36.09
188,952,579
57.26%
14,368,679
7.* To re-elect Dave Singleton as a director of the Company
122,982,103
65.09
65,966,476
34.91
188,948,579
57.26%
14,372,679
8.* To re-elect Claire Jenkins as a director of the Company
124,472,016
65.88
64,475,801
34.12
188,947,817
57.26%
14,373,441
Note 1: Issued Share Capital.
Note 2: A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.
The Company is disappointed to note that the resolution to re-elect the Chairman was not approved by a majority of the Company's independent shareholders, and confirms that in accordance with the UKLA Listing Rules this resolution will be put to shareholders of the Company at a general meeting to be held within 90 and 120 days of today's date. Dr Keith Hellawell will remain in his role until the date of that general meeting. 
Dr Hellawell commented as follows:
"I take this clear message from our independent shareholders seriously, and I will do my best to address their concerns and earn their confidence over the next year. I have confirmed today that should I not receive the support of a majority of our independent shareholders at next year's AGM, I will step down at that time with immediate effect."
Ends.
Sports Direct International plc
Dave Forsey, Chief Executive
Matt Pearson, Acting Chief Financial Officer
T. 0344 245 9200
KBA PR
Keith Bishop
T. 0207 734 9995

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