LOUNGERS PLC

AGM Information • Oct 16, 2020

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RNS Number : 3761C

Loungers PLC

16 October 2020

16 October 2020

Loungers plc

("Loungers" or "the Company")

Result of the Annual General Meeting ("AGM")

The Board is pleased to announce that all of the resolutions put to shareholders at today's AGM were passed by means of a poll, including the ordinary resolutions (resolutions 1 to 7) and special resolutions (resolutions 8 to 10) set out in the Company's notice of AGM dated 16 September 2020.

The final voting figures are shown below.

Resolution	Total Votes Cast	For (*)		Against		Withheld
Number	%	Number	%
1: To receive the annual report and accounts for the year ended 19 April 2020	85,290,167	85,290,167	100.00	0	0.00	0
2: To approve the Directors' Remuneration Report for the year ended 19 April 2020	85,290,167	81,038,655	95.02	4,251,512	4.98	0
3: To re-elect Alex Reilley as a Director	85,289,237	85,289,237	100.00	0	0.00	930
4: To re-elect Nick Backhouse as a Director	85,289,237	85,289,237	100.00	0	0.00	930
5: To re-appoint PricewaterhouseCoopers LLP as auditors of the Company	85,289,237	85,289,237	100.00	0	0.00	930
6: To authorise the Audit Committee to set the auditors' remuneration	85,289,237	85,289,237	100.00	0	0.00	930
7: To authorise the Directors to allot shares	85,289,237	85,289,237	100.00	0	0.00	930
8: To authorise the Directors to disapply statutory pre-emption rights in respect of 5% of the Company's issued share capital	85,289,237	82,589,113	96.83	2,700,124	3.17	930
9: To authorise the Directors to disapply statutory pre-emption rights in respect of an additional 5% of the Company's issued share capital	85,289,237	82,589,113	96.83	2,700,124	3.17	930
10: To authorise the Company to buy back shares	85,290,167	85,290,167	100.00	0	0.00	0

(*) = Includes discretionary votes

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 102,400,000 shares. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll.

For further information please contact:

Loungers plc Nick Collins, Chief Executive Officer Gregor Grant, Chief Financial Officer	Via Instinctif Partners
GCA Altium Limited (Financial Adviser and NOMAD) Sam Fuller / Katherine Hobbs / Tim Richardson	Tel: +44 (0) 20 7484 4040
Liberum Capital Limited (Joint Broker) Andrew Godber / John Fishley	Tel: +44 (0) 20 3100 2000
Peel Hunt LLP (Joint Broker) Dan Webster /George Sellar	Tel:  +44 (0)20 7418 8900
Instinctif Partners (Financial Public Relations) Justine Warren	Tel: +44 (0) 207 457 2020

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