Company Announcements

Result of AGM

Source: RNS
RNS Number : 9379I
ASOS PLC
29 November 2018
 

29 November 2018

 

ASOS Plc (the 'Company')

 

 

Result of AGM

 

ASOS Plc is pleased to announce that all of the resolutions, as set out in the Notice of Annual General Meeting, were duly passed by shareholders at the Company's Annual General Meeting held on Thursday 29 November 2018, as set out in the table below.

 

RESOLUTIONS

FOR

% FOR

AGAINST

% AGAINST

WITHHELD*

1. To approve the Annual Report and Accounts for the financial year ended 31 August 2018

69,327,790

 

99.95

 

35,942

 

0.05

 

151,215

 

2. To approve the Directors' Remuneration Report for the financial year ended 31 August 2018

67,451,980

 

97.03

 

2,062,566

 

2.97

 

401

 

3. To elect Adam Crozier as a Director of the Company

68,927,108

 

99.15

 

587,538

 

0.85

 

301

 

4. To re-elect Nick Beighton as a Director of the Company

69,386,280

 

99.82

 

128,379

 

0.18

 

288

 

5. To re-elect Rita Clifton as a Director of the Company

69,407,718

 

99.85

 

106,941

 

0.15

 

288

 

6. To re-elect Ian Dyson as a Director of the Company

68,912,157

 

99.13

 

602,502

 

0.87

 

288

 

7. To re-elect Hilary Riva as a Director of the Company

69,136,964

 

99.46

 

377,695

 

0.54

 

288

 

8. To re-elect Nick Robertson as a Director of the Company

69,187,841

 

99.53

 

326,818

 

0.47

 

288

 

9. To re-appoint PriceWaterhouseCoopers LLP as auditors of the Company

69,349,135

 

99.76

 

165,353

 

0.24

 

459

 

10. To authorise the Directors to determine the amount of the auditors' remuneration

69,514,158

 

99.99

 

200

 

0.0003

 

589

 

11. To authorise the Directors to allot Ordinary Shares in the Company

69,375,966

 

99.80

 

138,401

 

0.20

 

580

 

12. To authorise the Directors to disapply pre-emption rights**

68,810,106

 

98.99

 

704,768

 

1.01

 

253

 

13. To authorise the Company to make market purchases of its own shares**

69,021,384

 

99.36

 

447,087

 

0.64

 

46,476

 

14. To authorise the Company to increase the aggregate level of fees payable to non-executive directors to £1m

69,364,202

 

99.79

 

148,114

 

0.21

 

2,631

 

*A vote withheld is not a vote in law and is not counted in the votes for or against a resolution

** Passed as a special resolution.

 

 

Full details of the voting will be available shortly on the Company's website:  www.asosplc.com

 

For further information:

 

 

ASOS Plc 

Nick Beighton, Chief Executive Officer
Greg Feehely, Director of Investor Relations

Alison Lygo, Investor Relations Manager
Website: 
www.asosplc.com/investors

 

Tel: 020 7756 1000

Instinctif Partners

Matthew Smallwood / Justine Warren / Tom Berger 

 

Tel: 020 7457 2020

JPMorgan Cazenove 

Michael Wentworth-Stanley / Caroline Thomlinson/ Bill Hutchings

 

Tel: 020 7742 4000

Numis Securities

Alex Ham / Luke Bordewich / Tom Ballard

Tel: 020 7260 1000

 

 

Background note

 

ASOS is a global fashion destination for 20-somethings, selling all the freshest styles complemented by exclusive content, making ASOS.com the hub of a thriving fashion community and giving our audience the confidence to be whoever they want to be. ASOS sells over 87,000 branded and ASOS Brand products through localised app and mobile/desktop web experiences, delivering from fulfilment centres in the UK, US and Europe. ASOS curates a mix of our in-house designed labels, ASOS DESIGN, ASOS EDITION, ASOS WHITE and ASOS 4505, with global and local brands sold through our own channels to deliver a locally relevant offer. Our ground-breaking propositions help bring our amazing products to almost every country in the world and we serve customers globally with increasingly tailored local experiences: relevant languages, payment methods and delivery and return options. You can currently shop ASOS in over 200 markets, in eight languages, using an ever greater number of different payment methods, with hundreds of local deliveries and returns options from pick up and drop off networks to Next-Day Delivery. We aim to give all our global customers a truly frictionless experience.

ASOS's websites attracted 157.2m visits during August 2018 (August 2017: 135.7m) and as at 31 August 2018 had 18.4m active customers1 (31 August 2017: 15.4m), of which 6.0m were located in the UK and 12.4m were located in international territories (31 August 2017: 5.2m in the UK and 10.2m internationally).

1 Defined as having shopped in the last twelve months as at 31 August

 


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