TIDMBOO

RNS Number : 3459P

boohoo group plc

17 June 2022

 
 For Immediate Release   17 June 2022 
 
 

boohoo group plc

("boohoo" or the "Group")

Result of Annual General Meeting

boohoo (AIM: BOO), a leading online fashion group, announces that all resolutions were passed on a poll at the Group's Annual General Meeting ("AGM") held today, 17 June 2022.

The Board notes that while Resolution 2, giving shareholders the opportunity to cast an advisory vote on the Directors Remuneration Report for the year ended 28 February 2022, and Resolution 3 the introduction of a new Long Term Incentive Plan (LTIP), were both approved, 33.47% of the votes cast were votes against Resolution 2 and 25.36% of the votes cast were votes against Resolution 3.

Over the coming months, the Board will reflect on the result of Resolution 2 and Resolution 3, and the Remuneration Committee looks forward to ongoing engagement with the Group's shareholders as it continues to shape the Group's future remuneration policy.

Results of the Meeting

 
      VOTES         %       VOTES         %       VOTES         VOTES 
       FOR                   AGAINST               TOTAL         WITHELD 
 1    797,612,356   99.99   43,407        0.01    798,323,105   667,342 
     ------------  ------  ------------  ------  ------------  ------------ 
 2    531,089,950   66.53   267,178,017   33.47   798,323,105   55,138 
     ------------  ------  ------------  ------  ------------  ------------ 
 3    595,820,014   74.64   202,405,177   25.36   798,323,105   97,914 
     ------------  ------  ------------  ------  ------------  ------------ 
 4    746,512,027   96.33   28,411,335    3.67    798,323,105   23,399,743 
     ------------  ------  ------------  ------  ------------  ------------ 
 5    768,301,494   96.25   29,933,782    3.75    798,323,105   87,829 
     ------------  ------  ------------  ------  ------------  ------------ 
 6    616,149,962   91.32   58,554,517    8.68    798,323,105   123,618,626 
     ------------  ------  ------------  ------  ------------  ------------ 
 7    745,543,415   93.40   52,692,361    6.60    798,323,105   87,329 
     ------------  ------  ------------  ------  ------------  ------------ 
 8    797,965,838   99.96   307,110       0.04    798,323,105   50,157 
     ------------  ------  ------------  ------  ------------  ------------ 
 9    798,211,332   99.99   80,970        0.01    798,323,105   30,803 
     ------------  ------  ------------  ------  ------------  ------------ 
 10   788,188,845   98.73   10,119,122    1.27    798,323,105   15,138 
     ------------  ------  ------------  ------  ------------  ------------ 
 11   797,460,126   99.90   805,807       0.10    798,323,105   57,172 
     ------------  ------  ------------  ------  ------------  ------------ 
 12   797,479,101   99.90   782,177       0.10    798,323,105   61,827 
     ------------  ------  ------------  ------  ------------  ------------ 
 13   797,821,108   99.95   438,505       0.05    798,323,105   63,492 
     ------------  ------  ------------  ------  ------------  ------------ 
 14   797,482,866   99.91   726,080       0.09    798,323,105   114,159 
     ------------  ------  ------------  ------  ------------  ------------ 
 

The full text of the resolutions is set out in the Notice of Meeting dated 17 May 2022 which is available at www.boohooplc.com .

 
 Enquiries 
 boohoo group plc 
 Neil Catto, Chief Financial Officer    Tel: +44 (0)161 233 2050 
 Alistair Davies, Investor Relations    Tel: +44 (0)161 233 2050 
 Clara Melia, Investor Relations        Tel: +44 (0)20 3289 5520 
 Mark Mochalski, Investor Relations     Tel: +44 (0)20 3239 6289 
 
 
 Zeus Capital - Nominated adviser 
  and joint broker 
 Nick Cowles / Andrew Jones             Tel: +44 (0)161 831 1512 
 Benjamin Robertson                     Tel: +44 (0)20 3829 5000 
 
 
 Jefferies - Joint broker 
 Philip Noblet / Max Jones              Tel: +44 (0)20 7029 8000 
 
 
 Buchanan - Financial PR adviser        boohoo@buchanan.uk.com 
 Richard Oldworth / Kim Looringh-van    Tel: +44 (0)20 7466 5000 
  Beeck / Toto Berger / Verity Parker 
 

About boohoo group plc

"Leading the fashion eCommerce market"

Founded in Manchester in 2006, boohoo is an inclusive and innovative global brand targeting young, value-orientated customers, pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7.

In 2017, the group extended its customer offering through the acquisitions of the vibrant fashion brand PrettyLittleThing and free-thinking brand Nasty Gal. In March 2019, the group acquired the MissPap brand, in August 2019 the Karen Millen and Coast brands and in June 2020 the Warehouse and Oasis brands, all complementary to the group's scalable, multi-brand platform. In January 2021, the group acquired the intellectual property assets of Debenhams, with the goal of transforming a leading UK fashion and beauty retailer into a digital department store and marketplace through a new capital-light and low-risk operating model. In February 2021, the group acquired the intellectual property assets of UK brands Dorothy Perkins, Wallis and Burton. As at 28 February 2022, the boohoo group had 20 million active customers across all its brands around the world.

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(END) Dow Jones Newswires

June 17, 2022 10:40 ET (14:40 GMT)

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