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ASOS Plc held its Annual General Meeting on 22 January 2025, where all 19 resolutions presented for voting (Resolutions 1-17, 20-21) were duly passed by a poll, with approval percentages ranging from 87.52% to 99.93%. Resolutions 18 and 19 were withdrawn from the agenda prior to the meeting.
| Date | 22 Jan 2025 |
| Time | 15:43:30 |
| Category | AGMs and other meetings |
| ID | 3396U |
22 January 2025
ASOS Plc
("ASOS" or the "Company")
Result of Annual General Meeting
ASOS announces that all resolutions were duly passed by means of a poll at the Company's Annual General Meeting ("AGM") held today. The results of the poll vote for each resolution are set out below.
|
RESOLUTIONS |
VOTES FOR |
% FOR |
VOTES AGAINST |
% AGAINST |
VOTES WITHHELD* |
|
1. To approve the Annual Report and Accounts for the financial period ended 1 September 2024 |
98,281,243 |
99.93% |
69,603 |
0.07% |
29,456 |
|
2. To approve the Directors' Remuneration Report |
85,970,546 |
87.52% |
12,264,289 |
12.48% |
145,467 |
|
3. To re-elect Jørgen Lindemann as a Director of the Company |
94,022,306 |
96.36% |
3,549,117 |
3.64% |
808,879 |
|
4. To re-elect José Antonio Ramos Calamonte as a Director of the Company |
98,243,831 |
99.89% |
109,623 |
0.11% |
26,848 |
|
5. To re-elect William Barker as a Director of the Company |
96,590,529 |
98.21% |
1,762,925 |
1.79% |
26,848 |
|
6. To re-elect Wei Gao as a Director of the Company |
95,160,958 |
96.87% |
3,076,860 |
3.13% |
142,484 |
|
7. To re-elect Marie Gulin-Merle as a Director of the Company |
98,015,042 |
99.66% |
338,412 |
0.34% |
26,848 |
|
8. To re-elect Jose Manuel Martínez Gutiérrez as a Director of the Company. |
98,245,934 |
99.89% |
107,520 |
0.11% |
26,848 |
|
9. To re-elect Natasja Laheij as a Director of the Company |
97,696,379 |
99.33% |
657,075 |
0.67% |
26,848 |
|
10. To re-elect Nick Robertson as a Director of the Company |
97,648,944 |
99.28% |
703,952 |
0.72% |
27,406 |
|
11. To re-elect Anna Maria Rugarli as a Director of the Company |
98,251,734 |
99.90% |
101,720 |
0.10% |
26,848 |
|
12. To elect Christine Cross as a Director of the Company |
98,254,611 |
99.90% |
98,143 |
0.10% |
27,548 |
|
13. To elect Dave Murray as a Director of the Company |
98,249,959 |
99.90% |
102,795 |
0.10% |
27,548 |
|
14. To re-appoint PriceWaterhouseCoopers LLP as auditors of the Company |
98,160,319 |
99.80% |
192,869 |
0.20% |
27,114 |
|
15. To authorise the Directors to determine the amount of the auditors' remuneration |
98,172,871 |
99.82% |
178,911 |
0.18% |
28,520 |
|
16. To authorise the Company to make political donations |
98,210,088 |
99.87% |
129,909 |
0.13% |
40,305 |
|
17. To authorise the Directors to allot Ordinary Shares in the Company |
98,066,417 |
99.71% |
287,251 |
0.29% |
26,634 |
|
20. To authorise the Company to make market purchases of own shares** |
98,261,805 |
99.91% |
88,295 |
0.09% |
30,202 |
|
21. To authorise that a general meeting may be called on not less than 14 clear days' notice** |
94,287,773 |
95.87% |
4,066,317 |
4.13% |
26,212 |
* A vote withheld is not a vote in law and is not counted in the votes for or against a resolution
**Passed as a special resolution
Resolutions 18 and 19 related to the disapplication of pre-emption rights in respect of the allotment of equity securities for cash. Although the Board considered the flexibility afforded by these authorities to be in the best interests of the Company with limits in line with the Pre-Emption Group's 2022 Statement of Principles, it took the decision to withdraw Resolutions 18 and 19 from the agenda for the AGM, following feedback from some of the Company's shareholders since the publication of the notice of AGM. The Company will engage with shareholders on this topic.
Full details of the resolutions are available in the Notice of Annual General Meeting on the Company's website: www.asosplc.com.
As at the date of the AGM, the Company's issued and fully paid share capital consists of 119,357,912 Ordinary Shares with a nominal value of 3.5 pence each ("Ordinary Shares"), with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. The total number of voting rights in the Company is therefore 119,357,912.
In accordance with Listing Rule 9.6.2 copies of the resolutions (other than those relating to ordinary business) will be submitted to the FCA National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information:
|
ASOS plc |
Tel: 020 7756 1000 |
|
Emily MacLeod, Head of Strategy & Investor Relations Website: www.asosplc.com/investors |
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|
Teneo |
Tel: 020 7353 4200 |
|
Jonathan Sibun / Will Palfreyman |
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Background note
Founded in 2000, ASOS has 20m active customers in over 200 markets. We bring fashion lovers around the world the best and most relevant fashion through our unique own brands including ASOS DESIGN, ASOS EDITION, COLLUSION, Topshop, and Topman, styled with the most exciting products from local and global partner brands. With our expert in-house design team and agile and flexible commercial model, including ASOS Fulfilment Services, Partner Fulfils, and Test & React, we make the latest trends accessible to all and give customers the confidence to be whoever they want to be.