Company meetings

COMPANY MEETINGS ARCHIVE

To view the company meetings archive please click here.

Annual General Meeting May 2016

The Annual General Meeting of the Company was held on 19 May 2016. The Notice of Meeting can be found in the Annual Report and Accounts 2016.

ANNUAL GENERAL MEETING MAY 2016 RESULTS

The Board of NEXT plc is pleased to announce that, at the AGM of NEXT shareholders held on 19 May 2016, all resolutions as set out in the Notice of Meeting contained in the Annual Report and Accounts for the year ended 30 January 2016 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 2016, being those eligible to be voted on at the AGM, was 149,549,619.



For
Against
TOTAL
VOTES
CAST
% of
shares
on
register
at 6pm
17 May
2016
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 auditor Ordinary 104,626,204 99.5 519,913 0.5 105,146,117 70.3 174,262
2. To approve the Remuneration Report Ordinary 102,705,670 97.6 2,558,066 2.4 105,263,736 70.4 56,641
3. To declare a final dividend of 105p per share Ordinary 105,271,744 100 33,236 0.0 105,304,980 70.4  15,399
4. To re-elect John Barton as a director Ordinary 102,377,844 97.3 2,859,695 2.7 105,237,539  70.4 82,838 
5. To re-elect Steve Barber as a director Ordinary  104,909,189 99.6 389,518 0.4 105,298,707 70.4  21,672
6. To re-elect Caroline Goodall as a director Ordinary 104,744,591 99.5 554,643 0.5 105,299,234 70.4  21,145
7. To re-elect Amanda James as a director Ordinary 104,446,729 99.2 852,079 0.8 105,298,808 70.4 21,570
8. To re-elect Michael Law as a director Ordinary 104,101,368 98.9 1,196,409 1.1 105,297,777 70.4 22,601
9. To re-elect Francis Salway as a director Ordinary 105,010,783 99.7 287,913 0.3 105,298,696  70.4 21,683 
10. To re-elect Jane Shields as a director Ordinary 104,100,095 98.9 1,197,509 1.1 105,297,604  70.4 22,774 
11. To re-elect Dame Dianne Thompson as a director Ordinary 104,913,195 99.6 385,221 0.4  105,298,416  70.4 21,963
12. To re-elect Lord Wolfson as a director Ordinary 104,466,881 99.2 832,048 0.8 105,298,929 70.4 21,450 
13. To re-appoint Ernst & Young LLP as auditor and authorise the directors to set their remuneration Ordinary 104,083,772 99.0 1,017,756 1.0 105,101,528  70.3 218,850 
14. Directors’ authority to allot shares Ordinary 102,074,666 97.2 2,922,357 2.8 104,997,023  70.2 323,356 

15. Authority to disapply pre-emption rights

Special 102,378,706 97.4 2,711,354 2.6  105,090,060 70.3  230,318
16. Authority for on-market purchase of own shares Special  104,109,880 98.9 1,187,996 1.1 105,297,876  70.4 22,502 

172. Authority to enter into Programme Agreements with each of Goldman Sachs International, UBS AG, Deutsche Bank AG, HSBC Bank plc and Barclays Bank plc

Special 103,188,513

98.0

2,052,538

 

2.0

  

105,241,051

70.4 79,326

Less votes disregarded under the provisions of the Companies Act 2006

 

(3,000,000)²

   (3,000,000)²    
Resolution 17 total  

100,188,513

98.0 2,052,538   102,241,051 68.4  
18. To authorise the calling of general meeting (other than annual general meetings) on not less than 14 clear days' notice Special 93,540,866 89.5  11,007,119   104,547,985 69.9  772,393
 

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 3.0 million. As explained in the Notice of Meeting, Next has disregarded 3.0 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.

In accordance with LR 9.6.2, a copy of resolutions passed as special business will be submitted as soon as practicable to the National Storage Mechanism and will be available shortly for inspection at http://www.morningstar.co.uk/uk/NSM

Title PDF
General Meeting Feb 2016

A General Meeting was held on 10 February 2016 at 9:00am at the offices of Allen & Overy, One Bishops Square, London E1 6AD. The Notice of Meeting was sent to shareholders on 18 January 2016.

Title PDF

GENERAL MEETING FEB 2016 RESULTS

The Board is pleased to announce that at the General Meeting of Next plc shareholders held on 10 February 2016, the Special Resolution as set out in the Notice of Meeting was put to the meeting and duly passed on a poll. The results are detailed below.

The total number of shares on the register at 6pm on 8 February 2016, being those eligible to be voted on at the meeting, was 150,669,683

For Against TOTAL VOTES CAST2 % of
shares
on
register
at 6pm
8 Feb
2016
Votes
withheld1
Special Resolution3 No. of
Votes
% No. of
Votes
% No. of
Votes2
% No. of
Votes
(a) To authorise the appropriations of distributable profits of Next plc to the payment of the Relevant Distributions, each by reference to the same record date as the original accounting entries for the Relevant Distributions 100,379,139 98.1% 1,914,057 1.9% 102,293,196 67.9 69,478
(b) To waive and release any and all claims which Next plc has or may have against each of its shareholders who appeared on the register of shareholders on the relevant record date for each Relevant Distribution arising out of or in connection with the payment of the Relevant Distributions  

(c) To waive and release any and all claims which Next plc has or may have against each of its directors and former directors arising out of or in connection with the approval, declaration or payment of the Relevant Distributions

 

Note1: The ‘Vote Withheld’ option is provided to enable the shareholder to abstain on the resolution. It is not a vote in law and is not counted in the calculation of the proportion of votes for and against the resolution.

Note2: The directors and former directors (including their connected persons) have not voted on their combined shareholdings which represents  1,874,837 ordinary shares.

Note3: Following the passing of the resolution, and as described in detail in the circular published by Next plc on 18 January 2016, Next plc has today entered into a deed of release in respect of its shareholders and a deed of release in respect of its directors and former directors.