REG - Loungers PLC - Result of AGM

Houlihan LokeyAnnouncement

14/10/2022 19:59

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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  95,091,233        85,749,841  93.34  6,116,240  6.66  3,225,152
 of the Directors and auditors

 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       95,091,233        89,146,284  93.75  5,943,819  6.25  1,130
 respect of 5% of the Company's issued share capital
 8: To authorise the Directors to disapply statutory pre-emption rights in       95,091,233        89,146,284  93.75  5,944,019  6.25  930
 respect of an additional 5% of the Company's issued share capital
 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   95,091,233        95,070,410  99.98  20,823     0.02  0
 14 clear days' notice.

 

(*) = 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:

                                                          Via Powerscourt

 Loungers plc

 Nick Collins, Chief Executive Officer

 Gregor Grant, Chief Financial Officer

 Houlihan Lokey UK Limited (Financial Adviser and NOMAD)  Tel: +44 (0) 20 7839 3355

 Sam Fuller / Tim Richardson

 Powerscourt  (Financial Public Relations)                Tel: +44 (0) 207 250 1446

 Rob Greening / Nick Hayns /Elizabeth Kittle

 

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