boohoo.com plc Result of Annual General Meeting (0587J)
24 June 2017 - 12:20AM
UK Regulatory
TIDMBOO
RNS Number : 0587J
boohoo.com plc
23 June 2017
For Immediate Release 23 June 2017
boohoo.com plc
("boohoo" or the "Company")
Result of Annual General Meeting ("AGM")
boohoo.com plc announces that all resolutions were passed at the
Company's Annual General Meeting held on 23 June 2017.
Resolution 11 sought authorisation to buy back up to 10% of
issued share capital as at 17 May 2017 (being the latest
practicable date prior to the publication of the AGM notice). This
was conditional on independent shareholders approving a whitewash
resolution (Resolution 12), on a poll, pursuant to Rule 9 of the
City Code on Takeovers and Mergers. The Company confirms that
Resolution 12 was passed on a poll with the results being as
follows: 313,345,521 votes (73.98%) for, 110,212,671 votes (26.02%)
against and 428,135,387 votes withheld.
Following the passing of Resolution 12, the Concert Party (as
defined in the AGM Circular) remains unchanged at, in aggregate,
442,798,281 Ordinary Shares, representing 38.57% of the issued
share capital of the Company. If the Board were to exercise the
authority pursuant to resolution 11, in whole or in part, and
cancel the Ordinary Shares acquired or put those into treasury,
then the shareholding of the Concert Party would proportionately
increase, up to a possible maximum of 42.76% of the issued share
capital of the Company.
The full text of the resolutions is set out in the Notice of
Meeting dated 22 May 2017 which is available at
www.boohooplc.com.
Enquiries
boohoo.com plc
Neil Catto, Chief Financial Tel: +44 (0)161 233 2050
Officer Tel: +44 (0)7748 171236
Clara Melia, Investor Relations
Zeus Capital - Nominated
adviser and joint broker Tel: +44 (0)161 831 1512
Nick Cowles/Andrew Jones Tel: +44 (0)20 3829 5000
(Corporate Finance)
John Goold/Benjamin Robertson
(Corporate Broking)
Jefferies Hoare Govett -
Joint broker Tel: +44 (0)20 7029 8000
Nick Adams/Max Jones
Buchanan - Financial PR advisor Tel: +44 (0)20 7466 5000
Richard Oldworth/Madeleine boohoo@buchanan.uk.com
Seacombe
About boohoo.com plc
"boohoo is a leader in the fashion eCommerce market"
Founded in Manchester in 2006, the Group started life as
boohoo.com, an inclusive and innovative brand targeting young,
value-orientated customers. For over 10 years, boohoo.com has been
pushing boundaries to bring its customers up-to-date fashion, 24/7.
boohoo.com has grown rapidly in the UK and internationally,
including through the acquisitions of the fashion brands
PrettyLittleThing, and Nasty Gal, and expanding its offering with
range extensions into menswear and children's wear, through
boohooMAN and boohooKIDS.
Today the boohoo Group sells to over 6 million customers in
almost every country in the world.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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