Annual General Meeting 2011
The AGM was held on Thursday 19 May 2011. The Notice of Meeting is contained in the Annual Report and Accounts January 2011.
Annual General Meeting 2011 results
The Board of Next plc is pleased to announce that, at the AGM of Next shareholders held on 19 May 2011, all resolutions as set out in the Notice of Meeting contained in the Annual Report and Accounts for the year ended 29 January 2011 were passed. All resolutions were put to the meeting and approved on a poll and results are detailed below.
The total number of shares on the register at 6pm on 17 May 2011, being those eligible to be voted on at the AGM, was 175,482,925.
| |
|
|
|
For |
|
|
|
Against |
|
|
|
TOTAL VOTES CAST |
|
% of
shares
on
register
at 6pm
17 May
2011 |
|
Votes
withheld1 |
| Resolution |
|
Special /
Ordinary |
|
No. of
Votes |
|
% |
|
No. of
Votes |
|
% |
|
No. of
Votes |
|
% |
|
No. of
Votes |
| 1. To receive and adopt the accounts and reports of the directors and auditors |
|
Ordinary |
|
117,780,278 |
|
100.00 |
|
1,075 |
|
0.00 |
|
117,781,353 |
|
67.12 |
|
48,100 |
| 2. To approve the remuneration report |
|
Ordinary |
|
113,494,093 |
|
96.84 |
|
3,699,470 |
|
3.16 |
|
117,193,563 |
|
66.78 |
|
635,890 |
| 3. To declare a final dividend of 53p per share |
|
Ordinary |
|
117,749,696 |
|
100.00 |
|
343 |
|
0.00 |
|
117,750,039 |
|
67.10 |
|
79,414 |
| 4. To re-elect Christos Angelides as a director |
|
Ordinary |
|
114,783,985 |
|
98.59 |
|
1,638,075 |
|
1.41 |
|
116,422,060 |
|
66.34 |
|
1,407,393 |
| 5. To re-elect Steve Barber as a director |
|
Ordinary |
|
117,021,447 |
|
99.36 |
|
749,500 |
|
0.64 |
|
117,770,947 |
|
67.11 |
|
58,506 |
| 6. To re-elect John Barton as a director |
|
Ordinary |
|
116,160,497 |
|
98.63 |
|
1,610,133 |
|
1.37 |
|
117,770,630 |
|
67.11 |
|
58,823 |
| 7. To re-elect Christine Cross as a director |
|
Ordinary |
|
117,025,870 |
|
99.37 |
|
745,133 |
|
0.63 |
|
117,771,003 |
|
67.11 |
|
58,450 |
| 8. To re-elect Jonathan Dawson as a director |
|
Ordinary |
|
116,789,499 |
|
99.17 |
|
974,369 |
|
0.83 |
|
117,763,868 |
|
67.11 |
|
65,585 |
| 9. To re-elect David Keens as a director |
|
Ordinary |
|
114,810,794 |
|
98.60 |
|
1,635,681 |
|
1.40 |
|
116,446,475 |
|
66.36 |
|
1,382,978 |
| 10. To elect Francis Salway as a director |
|
Ordinary |
|
117,025,242 |
|
99.37 |
|
745,217 |
|
0.63 |
|
117,770,459 |
|
67.11 |
|
58,994 |
| 11. To re-elect Andrew Varley as a director |
|
Ordinary |
|
116,276,260 |
|
98.74 |
|
1,488,360 |
|
1.26 |
|
117,764,620 |
|
67.11 |
|
64,833 |
| 12. To re-elect Simon Wolfson as a director |
|
Ordinary |
|
114,809,153 |
|
98.59 |
|
1,638,994 |
|
1.41 |
|
116,448,147 |
|
66.36 |
|
1,381,306 |
| 13. To re-appoint Ernst & Young LLP as auditors and authorise the directors to set their remuneration |
|
Ordinary |
|
117,547,351 |
|
99.81 |
|
226,740 |
|
0.19 |
|
117,774,091 |
|
67.11 |
|
55,362 |
| 14. Authority to allot shares |
|
Ordinary |
|
115,627,233 |
|
99.00 |
|
1,163,855 |
|
1.00 |
|
116,791,088 |
|
66.55 |
|
1,038,365 |
| 15. Authority to disapply pre-emption rights |
|
Special |
|
117,326,011 |
|
99.64 |
|
425,666 |
|
0.36 |
|
117,751,677 |
|
67.10 |
|
77,776 |
| 16. Authority for on-market purchase of own shares |
|
Special |
|
115,898,084 |
|
99.53 |
|
550,107 |
|
0.47 |
|
116,448,191 |
|
66.36 |
|
1,380,992 |
| 172. Authority to enter into Programme Agreements with each of Goldman Sachs International, UBS AG, Deutsche Bank AG and Barclays Bank plc |
|
Special |
|
112,896,058 |
|
95.89 |
|
4,840,347 |
|
4.11 |
|
117,736,405 |
|
67.09 |
|
93,048 |
| Less votes disregarded under the provisions of the Companies Act 2006 |
|
|
|
(9,000,000)2 |
|
|
|
|
|
|
|
(9,000,000)2
|
|
|
|
|
| Resolution 17 total |
|
|
|
103,896,058 |
|
95.55 |
|
4,840,347 |
|
4.45 |
|
108,736,405 |
|
61.96 |
|
93,048 |
| 18. To authorise the calling of general meeting (other than annual general meetings) on 14 clear days' notice |
|
Special |
|
106,491,555 |
|
90.41 |
|
11,290,645 |
|
9.59 |
|
117,782,200 |
|
67.12 |
|
47,253 |
|
Note1: The ‘Vote Withheld’ option is provided to enable the shareholder to abstain on any resolution. It is not a vote in law and is not counted in the calculation of the proportion of votes for and against a resolution.
Note2: The total maximum number of Ordinary Shares which may be purchased by Next for cancellation pursuant to such contingent purchase contracts is 9.0 million. As explained in the Notice of Meeting, Next has disregarded 9.0 million votes from both the total number of votes cast in favour of the resolution and the total votes cast so that the voting of those shares did not affect the result of the poll.