Next PLC — AGM Information 2017

May 18, 2017

National Storage Mechanism | Additional information

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RNS Number : 5765F

Next PLC

18 May 2017

Contacts:	Alistair Mackinnon-Musson
	Rowbell PR	Tel:  020 7717 5239
	Email: next@rowbellpr.com
Photographs:	Photographs available at: http://press.next.co.uk/media/company-images/campaignimages.aspx

NEXT PLC

Results of 2017 Annual General Meeting ("AGM")

The Board of Next plc is pleased to announce that at the AGM of Next shareholders held on 18 May 2017 all resolutions as set out in the Notice of Meeting contained in the Annual Report and Accounts for the year ended 28 January 2017 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 16 May 2017, being those eligible to be voted on at the AGM, was 147,056,562. 

		For		Against		TOTAL VOTES CAST	% of shares on register at 6pm 16 May 2017	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	108,995,810	99.58	455,579	0.42	109,451,389	74.43	28,113
2 To approve the Directors' Remuneration Policy	Ordinary	107,107,291	98.64	1,471,317	1.36	108,578,608	73.83	900,892
3 To approve the Remuneration Report	Ordinary	108,223,045	99.60	436,396	0.40	108,659,441	73.89	820,060
4 To declare a final dividend of 105p per ordinary share	Ordinary	109,464,444	100.00	4,504	0.00	109,468,948	74.44	10,554
5 To re-elect John Barton as a director	Ordinary	106,807,508	97.60	2,623,541	2.40	109,431,049	74.41	48,453
6 To elect Jonathan Bewes as a director	Ordinary	109,068,801	99.67	361,757	0.33	109,430,558	74.41	48,944
7 To re-elect Caroline Goodall as a director	Ordinary	108,918,613	99.53	512,570	0.47	109,431,183	74.41	48,319
8 To re-elect Amanda James as a director	Ordinary	108,890,381	99.51	540,933	0.49	109,431,314	74.41	48,188
9 To re-elect Michael Law as a director	Ordinary	108,967,226	99.58	463,597	0.42	109,430,823	74.41	48,679
10 To elect Michael Roney as a director	Ordinary	108,488,792	99.92	92,150	0.08	108,580,942	73.84	898,559
11 To re-elect Francis Salway as a director	Ordinary	109,061,016	99.66	369,451	0.34	109,430,467	74.41	49,035
12 To re-elect Jane Shields as a director	Ordinary	108,968,059	99.58	462,334	0.42	109,430,393	74.41	49,109
13 To re-elect Dame Dianne Thompson as a director	Ordinary	109,007,329	99.61	423,373	0.39	109,430,702	74.41	48,800
14 To re-elect Lord Wolfson as a director	Ordinary	108,968,010	99.58	464,501	0.42	109,432,511	74.42	46,991
15 To appoint PricewaterhouseCoopers LLP as auditor and authorise the directors to set their remuneration	Ordinary	109,316,280	99.94	63,785	0.06	109,380,065	74.38	99,436
16 Authority for the directors to amend the rules of the NEXT Long Term Incentive Plan	Ordinary	108,796,669	99.39	665,001	0.61	109,461,670	74.44	17,832
17  Directors' authority to allot shares	Ordinary	103,330,203	94.47	6,046,545	5.53	109,376,748	74.38	102,753
18 Authority to disapply pre-emption rights	Special	109,116,676	99.69	340,206	0.31	109,456,882	74.43	22,620
19 Authority to disapply additional pre-emption rights	Special	103,069,338	94.16	6,388,333	5.84	109,457,671	74.43	21,830
20 Authority for on-market purchase of own shares	Special	107,862,705	98.54	1,601,914	1.46	109,464,619	74.44	14,883
212 Authority for off-market purchases of own shares	Special	108,273,887	98.92	1,186,586	1.08	109,460,473	74.43	19,028
Less votes disregarded under the provisions of the Companies Act 2006		(3,000,000)²				(3,000,000)²
Resolution 21 total		105,273,887	98.89	1,186,586	1.11	106,460,473	72.39
22 Increasing the Company's borrowing powers	Special	106,699,892	97.90	2,289,071	2.10	108,988,963	74.11	490,538
23 To authorise the calling of general meetings (other than Annual General Meetings) on 14 clear days' notice	Special	104,699,713	96.06	4,296,677	3.94	108,996,390	74.12	483,111

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 

This information is provided by RNS

The company news service from the London Stock Exchange

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