23rd May 2007 11:50
Kesa Electricals plc23 May 2007 Kesa Electricals plc announcement of AGM results Wednesday 23 May 2007 - Kesa Electricals plc today announced that at its fourthAnnual General Meeting held in London today all resolutions were passed. The number of shareholders at the meeting date was 22,806. The issued sharecapital at the meeting date was 529,553,216. The votes received in respect of the resolutions were as follows:- +---------------------------+-------------+-------------+------------+------------+------+|Resolution |Shares |Shares | Shares | Shares | Poll || |For |Discretionary| Against | marked as | Yes /|| | | | | votes | No || | | | | withheld / | || | | | |abstentions | |+---------------------------+-------------+-------------+------------+------------+------+| | | | | | || | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+| 1. |To receive the report |294,406,301 | 177,921 | 758,746 |13,936,190 | NO || |of the directors and | | | | | || |the financial | | | | | || |statements of the | | | | | || |Company for the year | | | | | || |ended 31 January 2007 | | | | | || |together with the | | | | | || |report of the | | | | | || |auditors. | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+| 2. |To reappoint |306,017,173 | 176,288 | 473,086 | 2,612,611 | NO || |PricewaterhouseCoopers| | | | | || |LLP, the retiring | | | | | || |auditors, and to | | | | | || |authorise the | | | | | || |directors to determine| | | | | || |their remuneration. | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+| 3. |To approve the |287,894,773 | 186,756 |16,365,917 | 4,831,711 | NO || |Directors' | | | | | || |Remuneration Report | | | | | || |for the year ended 31 | | | | | || |January 2007. | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+| 4. |To declare the final |309,095,243 | 178,579 | 1,763 | 3,573 | NO || |dividend of 10.05 | | | | | || |pence per ordinary | | | | | || |share. | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+| 5. |To reappoint David |306,658,340 | 183,395 | 2,413,080 | 24,343 | NO || |Newlands as a | | | | | || |Director. | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+| 6. |To reappoint Bernard |306,639,943 | 181,859 | 2,429,834 | 27,522 | NO || |Dufau as a Director. | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+| 7. |To reappoint Simon |308,998,372 | 185,713 | 67,421 | 27,652 | NO || |Herrick as a Director.| | | | | |+----+----------------------+-------------+-------------+------------+------------+------+| 8. |To renew the |308,833,245 | 203,257 | 181,851 | 60,805 | NO || |Director's authority, | | | | | || |until 22 May 2012, to | | | | | || |allot relevant | | | | | || |securities up to a | | | | | || |maximum nominal amount| | | | | || |of £44,129,432 | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+| 9. |That the Company be |297,241,454 | 181,363 |11,772,856 | 82,881 | NO || |authorised to a) make | | | | | || |donations to European | | | | | || |Union (EU) Political | | | | | || |Organisations and b) | | | | | || |incur EU political | | | | | || |expenditure. | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+|10. |To authorise the |308,960,202 | 205,482 | 52,831 | 60,264 | NO || |Directors to allot | | | | | || |equity securities for | | | | | || |cash in accordance | | | | | || |with the provisions of| | | | | || |Section 95(1) of the | | | | | || |Companies Act 1985. | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+|11. |To authorise the |305,087,899 | 196,233 | 3,970,155 | 24,467 | NO || |purchase of own shares| | | | | || |in accordance with | | | | | || |Section 166 of the | | | | | || |Companies Act 1985. | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+|12. |To authorise the |309,008,267 | 197,512 | 37,825 | 35,554 | NO || |Directors to | | | | | || |appropriate | | | | | || |distributable profits | | | | | || |of the Company, for | | | | | || |the payment of the | | | | | || |final dividend 2006 on| | | | | || |the Company's ordinary| | | | | || |shares of 8.25 pence | | | | | || |per share paid on 14 | | | | | || |July 2006, and to | | | | | || |appropriate | | | | | || |distributable profits | | | | | || |to the payment of the | | | | | || |interim dividend 2007 | | | | | || |on the Company's | | | | | || |ordinary share of 3,25| | | | | || |pence per share paid | | | | | || |on 8 December 2006 and| | | | | || |to release all and any| | | | | || |claims that the | | | | | || |Company may have in | | | | | || |respect of payment of | | | | | || |the final dividend and| | | | | || |interim dividend | | | | | || |against its | | | | | || |shareholders and a | | | | | || |deed of release in | | | | | || |favour of such | | | | | || |shareholders be | | | | | || |entered into by the | | | | | || |Company, together with| | | | | || |a deed of release in | | | | | || |favour of the Company | | | | | || |Directors (both past | | | | | || |and present) arising | | | | | || |out of payment of the | | | | | || |final dividend and | | | | | || |interim dividend | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+|13. |To amend Article 151 |308,857,354 | 204,308 | 113,002 | 103,701 | NO || |of Articles of | | | | | || |Association of the | | | | | || |Company to allow for | | | | | || |greater use of | | | | | || |electronic | | | | | || |communications to | | | | | || |Shareholders following| | | | | || |on from the changes in| | | | | || |Company law brought | | | | | || |about by the Companies| | | | | || |Act 2006. | | | | | |+----+----------------------+-------------+-------------+------------+------------+------+ Two copies of the resolutions passed as special business at the AGM have beensubmitted to the UK Listing Authority and will be available at the UK ListingAuthority's Document Viewing Facility, which is situated at Financial ServicesAuthority, 25 The North Colonnade, Canary Wharf, London, E14 5HS. Enquiries Annabel Donaldson UK +44 (0) 20 7269 1400 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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