REG - Topps Tiles - Result of AGM

Topps TilesAnnouncement

Thu 15:30

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RNS Number : 1181P  Topps Tiles PLC  15 January 2026

15 January 2026

 

Topps Tiles Plc

 Result of AGM

Topps Tiles Plc (the "Company"), the UK's leading tile specialist, announces
that at its Annual General Meeting (the "AGM") held earlier today, all of the
Resolutions proposed (1 -13) were duly passed by the requisite majority on a
poll.

The full text of each resolution is contained in the 2026 Notice of AGM which
is available on the Company's website www.toppsgroup.com.

 The following table shows the total number of votes cast for each
Resolution:

 

     Resolution                                            VOTES FOR                                      VOTES AGAINST                                             VOTES TOTAL                                   WITHHELD
                                                           Number of votes                        %       Number of votes                                  %        Number of votes                     % of ISC  Number of

                                                                                                                                                                                                                  votes
 1   Approval of the Company's annual report and accounts              137,856,026                99.98%                       23,626                      0.02%                137,879,652             70.10%                         34,617
 2   Declaration of a final dividend                                   137,899,710                99.99%                       14,559                      0.01%                137,914,269             70.12%                                 0
 3   Approval of the directors' remuneration report                    133,308,560                96.71%                  4,536,451                        3.29%                137,845,011             70.09%                         69,258
 4   Approval of the directors remuneration policy                     133,191,482                96.63%                  4,645,333                        3.37%                137,836,815             70.08%                         77,454
 5   Re-election of Denise Jagger as a director                        136,908,236                99.30%                     968,853                       0.70%                137,877,089             70.10%                         37,180
 6   Re-election of Martin Payne as a director                         136,908,568                99.29%                     975,217                       0.71%                137,883,785             70.10%                         30,484
 7   Re-election of Paul Forman as a director                          136,290,429                98.84%                  1,594,856                        1.16%                137,885,285             70.11%                         28,984
 8   Re-election of Diana Breeze as a director                         132,858,520                96.35%                  5,026,765                        3.65%                137,885,285             70.11%                         28,984
 9   Re-election of Kari Daniels as a director                         136,919,559                99.30%                     964,226                       0.70%                137,883,785             70.10%                         30,484
 10  Election of Alex Jensen as a director                             137,842,475                99.97%                       42,810                      0.03%                137,885,285             70.11%                         28,984
 11  Re-appointment of Forvis Mazars LLP as auditor                    137,859,804                99.98%                       25,481                      0.02%                137,885,285             70.11%                         28,984
 12  Authorisation of the auditor's remuneration                       137,473,724                99.73%                     371,287                       0.27%                137,845,011             70.09%                         69,258
 13  Directors' authority to allot shares                                73,321,800               53.16%                64,592,469                         46.84%               137,914,269             70.12%                                 0

 

Notes

 1.  Any proxy appointments which gave discretion to the Chairman have been
     included in the "Total votes for" total.
 2.  A "Vote Withheld" is not a valid vote in English law and was not counted in
     the calculation of the proportion of the votes "For" or "Against" a
     Resolution.
 3.  As at the date of the AGM the issued share capital of the Company was
     196,681,818 ordinary shares of 3.33 pence each.

 

The Board would like to thank shareholders for their engagement and support
ahead of the AGM and throughout the year. Whilst the majority of the
Resolutions were passed with majorities in excess of 50%, the Board notes that
Resolution 13 passed with a majority of less than 80% (receiving votes in
favour of 53.16%. In accordance with provision 4 of the UK Corporate
Governance Code (the "Code"), the Board confirms that it will consult and
engage with the relevant shareholders to understand and discuss their views
with respect to this Resolution. An update will be provided within six months
of the AGM, in accordance with the Code.

These results will shortly be available on the Company's website
at www.toppsgroup.com  and, in accordance with UK Listing Rule 6.4.2,
copies of the Resolutions that were passed at the meeting and that do not
constitute ordinary business at an annual general meeting will be submitted to
the National Storage Mechanism. and will shortly be available for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

Enquiries:

 

 Topps Tiles Plc
 Joanne Steer, Company Secretary  0116 282 8000

 Citigate Dewe Rogerson
 Angharad Couch                   020 7638 9571

 

Notes to Editors

Topps Tiles Plc is the UK's largest specialist supplier of tiles and
associated products, targeting the UK domestic, commercial and housebuilder
markets and serving homeowners, trade customers, contractors, architects and
designers from 296 nationwide Topps Tiles stores, a commercial showroom in
London, the CTD store estate (22 stores) and ten customer-facing websites:
www.toppstiles.co.uk (http://www.toppstiles.co.uk) , www.parkside.co.uk
(http://www.parkside.co.uk) , www.protilertools.co.uk
(http://www.protilertools.co.uk) , www.northantstools.co.uk
(http://www.northantstools.co.uk) , www.premiumtiletrim.co.uk
(http://www.premiumtiletrim.co.uk) , www.warmfloorstore.co.uk
(http://www.warmfloorstore.co.uk) www.flooringmaterials.co.uk
(http://www.flooringmaterials.co.uk) ,  www.tilewarehouse.co.uk
(http://www.tilewarehouse.co.uk) , www.ctdtiles.co.uk
(http://www.ctdtiles.co.uk) and www.firedearth.com (http://www.firedearth.com)
.

Since opening its first store in 1963, Topps has maintained a simple operating
philosophy ‐ inspiring customers with unrivalled product choice and
providing exceptional levels of customer service.  For further information on
the Group, please visit www.toppsgroup.com (http://www.toppsgroup.com)

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