Result of AGM

RNS Number : 9255G

Next PLC

19 May 2011

 



Contacts:	David Keens, Group Finance Director
	NEXT PLC
	Tel:  [phone]
	Alistair Mackinnon-Musson
	Nathan Field
	Hudson Sandler
	Tel:  [phone]
	Email:  [e-mail]

NEXT PLC

Results of 2011 Annual General Meeting ("AGM")

The Board of Next plc is pleased to announce that, at the AGM of Next shareholders held on 19 May 2011, all resolutions as set out in the Notice of Meeting contained in the Annual Report and Accounts for the year ended 29 January 2011 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 2011, being those eligible to be voted on at the AGM, was 175,482,925.

		For		Against		TOTAL VOTES CAST	% of shares on register at 6pm 17 May 2011	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	117,780,278	100.00	1,075	0.00	117,781,353	67.12	48,100
2. To approve the remuneration report	Ordinary	113,494,093	96.84	3,699,470	3.16	117,193,563	66.78	635,890
3. To declare a final dividend of 53p per share	Ordinary	117,749,696	100.00	343	0.00	117,750,039	67.10	79,414
4. To re-elect Christos Angelides as a director	Ordinary	114,783,985	98.59	1,638,075	1.41	116,422,060	66.34	1,407,393
5. To re-elect Steve Barber as a director	Ordinary	117,021,447	99.36	749,500	0.64	117,770,947	67.11	58,506
6. To re-elect John Barton as a director	Ordinary	116,160,497	98.63	1,610,133	1.37	117,770,630	67.11	58,823
7. To re-elect Christine Cross as a director	Ordinary	117,025,870	99.37	745,133	0.63	117,771,003	67.11	58,450
8. To re-elect Jonathan Dawson as a director	Ordinary	116,789,499	99.17	974,369	0.83	117,763,868	67.11	65,585
9. To re-elect David Keens as a director	Ordinary	114,810,794	98.60	1,635,681	1.40	116,446,475	66.36	1,382,978
10. To elect Francis Salway as a director	Ordinary	117,025,242	99.37	745,217	0.63	117,770,459	67.11	58,994
11. To re-elect Andrew Varley as a director	Ordinary	116,276,260	98.74	1,488,360	1.26	117,764,620	67.11	64,833
12. To re-elect Simon Wolfson as a director	Ordinary	114,809,153	98.59	1,638,994	1.41	116,448,147	66.36	1,381,306
13. To re-appoint Ernst & Young LLP as auditors and authorise the directors to set their remuneration	Ordinary	117,547,351	99.81	226,740	0.19	117,774,091	67.11	55,362
14. Authority to allot shares	Ordinary	115,627,233	99.00	1,163,855	1.00	116,791,088	66.55	1,038,365
15. Authority to disapply pre-emption rights	Special	117,326,011	99.64	425,666	0.36	117,751,677	67.10	77,776
16. Authority for on-market purchase of own shares	Special	115,898,084	99.53	550,107	0.47	116,448,191	66.36	1,380,992
172. Authority to enter into Programme Agreements with each of Goldman Sachs International, UBS AG, Deutsche Bank AG and Barclays Bank plc Less votes disregarded under the provisions of the Companies Act 2006 Resolution 17 total	Special	112,896,058 (9,000,000) 103,896,058	95.89 95.55	4,840,347 4,840,347	4.11 4.45	117,736,405 (9,000,000) 108,736,405	67.09 61.96	93,048 93,048
18. To authorise the calling of general meeting (other than annual general meetings) on 14 clear days' notice	Special	106,491,555	90.41	11,290,645	9.59	117,782,200	67.12	47,253

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 9.0 million. As explained in the Notice of Meeting, Next has disregarded 9.0 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.  

 

END

 

 

RAGUKAARARAVAAR