For immediate release |
28 June 2024 |
SANDERSON DESIGN GROUP PLC
("Sanderson Design Group", the "Company" or the "Group")
Result of AGM
Sanderson Design Group PLC (AIM: SDG), the luxury interior design and furnishings group, held its Annual General Meeting ("AGM") earlier today at which all resolutions were duly passed.
All resolutions were taken on a poll and were passed with the majorities as set out below.
Resolution |
Votes For* |
% |
Votes Against |
% |
Total Votes |
Votes Withheld** |
1. To receive the reports of the directors and of the auditors, together with the accounts for the year ended 31 January 2024 |
39,301,101 |
100.00% |
0 |
0.00% |
39,301,101 |
21,268 |
2. Declaration of final dividend |
39,322,369 |
100.00% |
0 |
0.00% |
39,322,369 |
0 |
3. To re-elect Dianne Thompson as a Non-executive Director |
39,304,411 |
99.99% |
2,958 |
0.01% |
39,307,369 |
15,000 |
4. To re-elect Juliette Stacey as a Non-executive Director |
39,304,411 |
99.99% |
2,958 |
0.01% |
39,307,369 |
15,000 |
5. To re-elect Christopher Rogers as a Non-executive Director |
39,304,411 |
99.99% |
2,958 |
0.01% |
39,307,369 |
15,000 |
6. To re-elect Patrick Lewis as a Non-executive Director |
39,304,411 |
99.99% |
2,958 |
0.01% |
39,307,369 |
15,000 |
7. To re-elect Lisa Montague as a Director |
39,304,411 |
99.99% |
2,958 |
0.01% |
39,307,369 |
15,000 |
8. To re-elect Mike Woodcock as a Director |
39,296,911 |
99.97% |
10,458 |
0.03% |
39,307,369 |
15,000 |
9. To re-appoint BDO LLP as auditors of the Company |
39,318,488 |
100.00% |
923 |
0.00% |
39,319,411 |
2,958 |
10. To authorise the Directors to determine the remuneration of the auditors |
39,318,488 |
100.00% |
923 |
0.00% |
39,319,411 |
2,958 |
11. To authorise the Directors to allot shares |
38,127,090 |
96.96% |
1,195,279 |
3.04% |
39,322,369 |
0 |
12. To renew the Directors' authority to dis-apply pre-emption rights (Special Resolution) |
38,052,067 |
96.79% |
1,262,802 |
3.21% |
39,314,869 |
7,500 |
13. To enable an additional 10% of the Company's current issued share capital to be issued without applying the statutory pre-emption requirements where the share issue is proposed in connection with an acquisition or capital investment (Special Resolution) |
36,054,567 |
91.69% |
3,267,802 |
8.31% |
39,322,369 |
0 |
14. To authorise the Company to purchase its own shares (Special Resolution) |
31,487,337 |
99.99% |
3,000 |
0.01% |
31,490,337 |
7,832,032 |
15. Notice period for calling of General Meetings (Special Resolution) |
39,244,947 |
99.84% |
62,422 |
0.16% |
39,307,369 |
15,000 |
Notes:
* Includes discretionary votes
** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
The full text for each resolution is set out in the Notice of AGM.
For further information:
Sanderson Design Group PLC |
c/o Burson Buchanan +44 (0) 20 7466 5000 |
Lisa Montague, Chief Executive Officer |
|
Mike Woodcock, Chief Financial Officer |
|
David Gracie, Company Secretary |
|
|
|
Investec Bank plc (Nominated Adviser and Joint Broker) |
+44 (0) 20 7597 5970 |
David Anderson / Ben Farrow |
|
|
|
Singer Capital Markets (Joint Broker) |
+44 (0) 20 7496 3000 |
Tom Salvesen / Jen Boorer / Alex Emslie |
|
|
|
Burson Buchanan |
+44 (0) 20 7466 5000 |
Mark Court / Sophie Wills / Toto Berger / Abigail Gilchrist |
|
|
Notes for editors:
About Sanderson Design Group
Sanderson Design Group PLC is a luxury interior furnishings company that designs, manufactures and markets wallpapers, fabrics and paints. In addition, the Company derives licensing income from the use of its designs on a wide range of products such as bed and bath collections, rugs, blinds and tableware.
Sanderson Design Group's brands include Zoffany, Sanderson, Morris & Co., Harlequin, Clarke & Clarke and Scion.
The Company has a strong UK manufacturing base comprising Anstey wallpaper factory in Loughborough and Standfast & Barracks a fabric printing factory, in Lancaster. Both sites manufacture for the Company and for other wallpaper and fabric brands.
Sanderson Design Group employs approximately 600 people, and its products are sold worldwide. It has showrooms in London, New York, Chicago and Amsterdam.
Sanderson Design Group trades on the AIM market of the London Stock Exchange under the ticker symbol SDG.
For further information please visit: https://sandersondesign.group/
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