RNS Number : 1235Q
Loungers PLC
13 October 2023

13 October 2023

Loungers plc

("Loungers" or "the Company")

Result of the Annual General Meeting ("AGM")

The Board is pleased to announce that all of the resolutions put to shareholders at today's AGM were passed by means of a poll, including the ordinary resolutions (1 to 7) and special resolutions (resolutions 8 to 11) set out in the Company's notice of AGM dated 1 September 2023.

The final voting figures are shown below.

Resolution

Total Votes Cast

For (*)

Against

Withheld

Number

%

Number

%

1: To receive the Company's audited accounts together with the reports thereon of the Directors and auditors

91,260,682

91,259,752

100.00%

0

0.00%

930

2: To re-elect Alexander Reilley as a Director

91,260,682

91,258,212

100.00%

1,500

0.00%

970

3: To re-elect Nicholas Backhouse as a Director

91,260,682

85,324,016

95.52%

3,999,751

4.48%

1,936,915

4: To re-elect Robert Darwent as a Director

91,260,682

83,721,903

93.73%

5,601,864

6.27%

1,936,915

5: To re-appoint PricewaterhouseCoopers LLP as auditors of the Company

91,260,682

91,256,357

100.00%

2,825

0.00%

1,500

6: To authorise the Audit Committee to set the auditors' remuneration

91,260,682

91,258,252

100.00%

1,500

0.00%

930

7: To authorise the Directors to allot shares

91,260,682

82,796,099

90.73%

8,463,617

9.27%

966

8: To authorise the Directors to disapply statutory pre-emption rights in respect of 10% of the Company's issued share capital

91,260,682

82,834,334

90.77%

8,425,382

9.23%

966

9: To authorise the Directors to disapply statutory pre-emption rights in respect of an additional 10% of the Company's issued share capital

91,260,682

82,834,451

90.77%

8,425,265

9.23%

966

10. To authorise the Company to buy back shares

91,260,682

91,260,646

100.00%

0

0.00%

36

11. That a general meeting, other than an AGM, may be called on not less than 14 clear days' notice.

91,260,682

91,228,382

99.97%

31,300

0.03%

1,000

(*) = Includes discretionary votes

The total number of Ordinary 1p shares in issue, excluding the 195,000 treasury shares as at the date of the AGM, was 103,705,642. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll.

For further information please contact:

Loungers plc

Nick Collins, Chief Executive Officer

Gregor Grant, Chief Financial Officer

Via Powerscourt

Houlihan Lokey UK Limited (Financial Adviser and NOMAD)

Sam Fuller / Tim Richardson

Tel: +44 (0) 20 7839 3355


Powerscourt (Financial Public Relations)

Rob Greening / Nick Hayns /Elizabeth Kittle

Tel: +44 (0) 207 250 1446

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