Skip to main content

Result of AGM

07 May 2020

In accordance with the arrangements announced on 29 April 2020, the Company held its Annual General Meeting ("AGM") at 11.00am today at its registered office. The AGM was convened with the minimum quorum of two shareholders (or their corporate representatives or proxies). The AGM comprised only the formal business as set out in the Notice of AGM (dated 18 March 2020).

All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting. The total number of ordinary shares in issue (excluding shares held in treasury) at the close of business on 5 May 2020 was 597,088,631.

The final votes received in respect of each resolution put to the meeting were as set out below:

 

Votes for (including discretionary votes)

%
Votes for

Votes
against

%
Votes
against

Total number of votes validly cast

% of the Company’s issued share capital represented by votes validly cast

Votes withheld*

Ordinary Resolutions

 

 

 

 

 

 

 

1

To receive and adopt the Annual Report & Accounts

463,678,787

99.77%

1,081,015

0.23%

464,759,802

77.84%

5,017,973

2

To approve the Directors’ Remuneration Report

457,271,861

98.28%

8,010,009

1.72%

465,281,870

77.93%

4,495,906

3

To declare a final dividend

This resolution was withdrawn from the business of the meeting

4

To elect Louise Fowler

466,607,314

99.36%

2,987,078

0.64%

469,594,392

78.65%

183,384

5

To re-elect Karen Caddick

465,361,785

99.10%

4,236,331

0.90%

469,598,116

78.65%

179,660

6

To re-elect Andrew Cripps

461,488,780

98.27%

8,106,337

1.73%

469,595,117

78.65%

182,659

7

To re-elect Geoff Drabble

465,364,818

99.10%

4,230,299

0.90%

469,595,117

78.65%

182,659

8

To re-elect Andrew Livingston

466,449,705

99.33%

3,147,050

0.67%

469,596,755

78.65%

181,021

9

To re-elect Richard Pennycook

458,261,689

98.53%

6,859,996

1.47%

465,121,685

77.90%

4,656,091

10

To re-elect Mark Robson

465,873,189

99.21%

3,724,066

0.79%

469,597,255

78.65%

180,521

11

To re-elect Debbie White

465,357,470

99.10%

4,238,258

0.90%

469,595,728

78.65%

182,048

12

To re-appoint Deloitte LLP as the Auditor

462,381,038

98.46%

7,214,196

1.54%

469,595,234

78.65%

182,541

13

To authorise the Directors to determine the remuneration of the Auditor

466,416,025

99.32%

3,178,705

0.68%

469,594,730

78.65%

183,045

14

To renew authority to make political donations

451,689,403

98.19%

8,315,003

1.81%

460,004,406

77.04%

9,773,370

15

To renew the Directors' authority to allot shares

452,250,493

96.28%

17,494,079

3.72%

469,744,572

78.67%

33,204

Special Resolutions

 

 

 

 

 

 

 

16

To renew the Directors' authority for the disapplication of pre-emption rights

459,967,897

99.97%

137,121

0.03%

460,105,018

77.06%

9,672,758

17

To renew the Directors' authority to make market purchases of the Company's own shares

464,858,917

99.10%

4,235,652

0.90%

469,094,569

78.56%

683,206

18

To adopt the New Articles of Association

469,500,190

100.00%

16,370

0.00%

469,516,560

78.63%

261,216

19

To authorise general meetings to be held on 14 clear days' notice

453,074,728

96.48%

16,515,744

3.52%

469,590,472

78.65%

187,304

*A vote “withheld” is not a vote in law. Votes “withheld” were not counted in the calculation of the proportion of the votes for and against each of the resolutions.

Full details of the poll results will also be available on the Company’s website: www.howdenjoinerygroupplc.com/investors/shareholder/agm/

In accordance with the Listing Rules, a copy of the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.  

DISCLOSURE OF RIGHTS ATTACHED TO EQUITY SHARES

Further to the Company’s announcement on 24 April 2020 (announcing the submission of a copy of its articles of association to the National Storage Mechanism in line with Listing Rule 9.2.6ER(1)(b)), a copy of the Company’s new articles of association, as adopted at the AGM, has been submitted to the National Storage Mechanism in line with Listing Rule 9.2.6ER(2)(a) and is available for viewing at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Enquiries:

Forbes McNaughton, Company Secretary:                            +44 (0) 207 535 1137

HOWDENS Making space more valuable

culture & people

Business model and Strategy

Find out more about our business model and strategy, the markets in which we operate and our strategic approach to protect our unique business model and ensure that the business continues to grow.
our depots

Our depots

As a familiar sight across towns and cities in the UK and Europe, our depots are always within easy reach, so a trade professional never has far to travel to find their nearest Howdens. Get to know more about how each one operates.
our history

Sustainability

Our sustainable behaviour is at the heart of our business and enables us to reduce some of our risks. We take great pride in ensuring that our business positively impacts the world around us and the people within it.
in-the-community

In the community

We are passionate about supporting the local communities we operate in, which is why our depots and support staff actively seek ways to give something back. Whether it is running half marathons or sponsoring local Scout groups, discover the many ways we help good causes.
Our Products resized

Our products

With more than 80 kitchen styles, an exclusive appliance brand, Lamona, and thousands of products across joinery and hardware, learn why our builders have come to trust the range and quality of the products we offer.
business strategy

People & Careers

The Sunday Times named Howdens as one of the top 25 big companies to work for. Discover why Howdens is a great place to work, how we develop our people and reward them, whilst building a culture with an entrepreneurial spirit.
Financial results resized

Financial Results

Download copies of the latest financial results for Howdens both past and present including the associated presentations and Interim Management Statements released between results announcements.
Governance resized

Governance

Howdens is a responsible business which was founded on the tenet that the Company should be worthwhile for all concerned, with a commitment to the people within its reach and the wider world. Here we provide the links to the framework that informs our decisions and outcomes.