Result of AGM | RNS | Ticker

Result of AGM

RNS Announcement

RNS Number : 2414H

Next PLC

15 May 2014

Contacts:	Lord Wolfson, Chief Executive
	David Keens, Group Finance Director
	NEXT PLC	Tel: 0844 844 8888

	Alistair Mackinnon-Musson
	Rowbell PR	Tel: 020 7717 5239
	Email: [email protected]

Photographs:	Photographs available at: http://press.next.co.uk/media/company-images/campaignimages.aspx

NEXT PLC

Results of 2014 Annual General Meeting ("AGM")

The Board of Next plc is pleased to announce that, at the AGM of Next shareholders held on 15 May 2014, all resolutions as set out in the Notice of Meeting contained in the Annual Report and Accounts for the year ended 25 January 2014 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 13 May 2014, being those eligible to be voted on at the AGM, was 155,032,317.

		For		Against		TOTAL VOTES CAST	% of shares on register at 6pm 13 May 2014	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	102,150,118	99.52	493,915	0.48	102,644,033	66.21	617,556
2. To approve the remuneration policy	Ordinary	100,456,860	97.92	2,132,633	2.08	102,589,493	66.17	672,096
3. To approve the Remuneration Report	Ordinary	102,217,243	99.64	372,175	0.36	102,589,418	66.17	672,171
4. To declare a final dividend of 93p per share	Ordinary	102,650,527	100.00	109	0.00	102,650,636	66.21	610,953
5. To re-elect John Barton as a director	Ordinary	99,311,438	97.51	2,534,221	2.49	101,845,659	65.69	1,415,930
6. To re-elect Christos Angelides as a director	Ordinary	100,866,852	98.25	1,792,469	1.75	102,659,321	66.22	602,268
7. To re-elect Steve Barber as a director	Ordinary	102,381,546	99.73	275,065	0.27	102,656,611	66.22	604,978
8. To re-elect Jonathan Dawson as a director	Ordinary	99,656,007	97.18	2,888,197	2.82	102,544,204	66.14	717,385
9. To re-elect Caroline Goodall as a director	Ordinary	102,382,440	99.73	274,143	0.27	102,656,583	66.22	605,006
10. To re-elect David Keens as a director	Ordinary	101,187,267	98.57	1,470,931	1.43	102,658,198	66.22	603,391
11. To elect Michael Law as a director	Ordinary	100,877,812	98.27	1,780,172	1.73	102,657,984	66.22	603,605
12. To re-elect Francis Salway as a director	Ordinary	102,175,291	99.53	481,320	0.47	102,656,611	66.22	604,978
13. To elect Jane Shields as a director	Ordinary	100,867,573	98.26	1,791,011	1.74	102,658,584	66.22	603,005
14. To re-elect Lord Wolfson as a director	Ordinary	101,595,976	99.01	1,016,318	0.99	102,612,294	66.19	649,295
15. To re-appoint Ernst & Young LLP as auditor and authorise the directors to set their remuneration	Ordinary	102,334,474	99.76	248,515	0.24	102,582,989	66.17	678,600
16. Authority to allot shares	Ordinary	99,907,667	97.33	2,745,911	2.67	102,653,578	66.21	608,011
17. Authority to disapply pre-emption rights	Special	102,126,279	99.54	469,585	0.46	102,595,864	66.18	665,725
18. Authority for on-market purchase of own shares	Special	100,362,918	97.77	2,288,832	2.23	102,651,750	66.21	609,839
19². Authority to enter into Programme Agreements with each of Goldman Sachs International, UBS AG, Deutsche Bank AG, HSBC Bank plc and Barclays Bank plc Less votes disregarded under the provisions of the Companies Act 2006 Resolution 19 total	Ordinary	100,294,943 (4,000,000)² 96,294,943	97.81 97.72	2,241,875 2,241,875	2.19 2.28	102,536,818 (4,000,000)² 98,536,818	66.14 63.56	724,771 724,771
20. To authorise the calling of general meeting (other than annual general meetings) on 14 clear days' notice	Special	92,515,514	90.12	10,137,451	9.88	102,651,965	66.21	609,624

Note[1]: 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 4.0 million. As explained in the Notice of Meeting, Next has disregarded 4.0 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.

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.hemscott.com/nsm.do.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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RNS metadata

Title: Result of AGM
Time: 15:10:04
Date: 15 May 2014
Category: AGMs and other meetings
ID: 2414H