Result of AGM

Topps Tiles PLC

15 January 2026

 

15 January 2026

Topps Tiles Plc

 Result of AGM

Topps Tiles Plc (the "Company"), the UK's leading tile specialist, announces that at its Annual General Meeting (the "AGM") held earlier today, all of the Resolutions proposed (1 -13) were duly passed by the requisite majority on a poll.

The full text of each resolution is contained in the 2026 Notice of AGM which is available on the Company's website www.toppsgroup.com.

 The following table shows the total number of votes cast for each Resolution:

	Resolution	VOTES FOR		VOTES AGAINST		VOTES TOTAL		WITHHELD
		Number of votes	%	Number of votes	%	Number of votes	% of ISC	Number of votes
1	Approval of the Company's annual report and accounts	137,856,026	99.98%	23,626	0.02%	137,879,652	70.10%	34,617
2	Declaration of a final dividend	137,899,710	99.99%	14,559	0.01%	137,914,269	70.12%	0
3	Approval of the directors' remuneration report	133,308,560	96.71%	4,536,451	3.29%	137,845,011	70.09%	69,258
4	Approval of the directors remuneration policy	133,191,482	96.63%	4,645,333	3.37%	137,836,815	70.08%	77,454
5	Re-election of Denise Jagger as a director	136,908,236	99.30%	968,853	0.70%	137,877,089	70.10%	37,180
6	Re-election of Martin Payne as a director	136,908,568	99.29%	975,217	0.71%	137,883,785	70.10%	30,484
7	Re-election of Paul Forman as a director	136,290,429	98.84%	1,594,856	1.16%	137,885,285	70.11%	28,984
8	Re-election of Diana Breeze as a director	132,858,520	96.35%	5,026,765	3.65%	137,885,285	70.11%	28,984
9	Re-election of Kari Daniels as a director	136,919,559	99.30%	964,226	0.70%	137,883,785	70.10%	30,484
10	Election of Alex Jensen as a director	137,842,475	99.97%	42,810	0.03%	137,885,285	70.11%	28,984
11	Re-appointment of Forvis Mazars LLP as auditor	137,859,804	99.98%	25,481	0.02%	137,885,285	70.11%	28,984
12	Authorisation of the auditor's remuneration	137,473,724	99.73%	371,287	0.27%	137,845,011	70.09%	69,258
13	Directors' authority to allot shares	73,321,800	53.16%	64,592,469	46.84%	137,914,269	70.12%	0

Notes

1.	Any proxy appointments which gave discretion to the Chairman have been included in the "Total votes for" total.
2.	A "Vote Withheld" is not a valid vote in English law and was not counted in the calculation of the proportion of the votes "For" or "Against" a Resolution.
3.	As at the date of the AGM the issued share capital of the Company was 196,681,818 ordinary shares of 3.33 pence each.

The Board would like to thank shareholders for their engagement and support ahead of the AGM and throughout the year. Whilst the majority of the Resolutions were passed with majorities in excess of 50%, the Board notes that Resolution 13 passed with a majority of less than 80% (receiving votes in favour of 53.16%. In accordance with provision 4 of the UK Corporate Governance Code (the "Code"), the Board confirms that it will consult and engage with the relevant shareholders to understand and discuss their views with respect to this Resolution. An update will be provided within six months of the AGM, in accordance with the Code.

These results will shortly be available on the Company's website at www.toppsgroup.com  and, in accordance with UK Listing Rule 6.4.2, copies of the Resolutions that were passed at the meeting and that do not constitute ordinary business at an annual general meeting will be submitted to the National Storage Mechanism. and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Enquiries:

Topps Tiles Plc
Joanne Steer, Company Secretary	0116 282 8000
Citigate Dewe Rogerson
Angharad Couch	020 7638 9571

Notes to Editors

Topps Tiles Plc is the UK's largest specialist supplier of tiles and associated products, targeting the UK domestic, commercial and housebuilder markets and serving homeowners, trade customers, contractors, architects and designers from 296 nationwide Topps Tiles stores, a commercial showroom in London, the CTD store estate (22 stores) and ten customer-facing websites: www.toppstiles.co.uk, www.parkside.co.uk, www.protilertools.co.uk, www.northantstools.co.uk, www.premiumtiletrim.co.uk, www.warmfloorstore.co.uk www.flooringmaterials.co.uk,  www.tilewarehouse.co.uk, www.ctdtiles.co.uk and www.firedearth.com.

Since opening its first store in 1963, Topps has maintained a simple operating philosophy ‐ inspiring customers with unrivalled product choice and providing exceptional levels of customer service.  For further information on the Group, please visit www.toppsgroup.com

 

END