Dunelm shareholders pass all resolutions at AGM

Published 21/11/2024, 16:22
Dunelm shareholders pass all resolutions at AGM

On Thursday, Dunelm Group (LON:DNLM) plc announced the successful passage of all resolutions presented at its Annual General Meeting (AGM). The meeting was held at Watermead Business Park, Syston, Leicester. Shareholders voted on several key issues, including the approval of annual accounts, dividend payments, and the election of board members.

The resolutions were voted on by poll, incorporating proxy votes lodged prior to the meeting. Each resolution received overwhelming support, with the approval rates for most resolutions exceeding 99%. Notably, the resolution to approve the annual accounts was unanimously supported, with 100% of the votes cast in favor.

The dividend resolution also passed with nearly unanimous support, receiving 99.96% votes for and only 0.04% against. Board members, including Alison Brittain, Will Adderley, and Nick Wilkinson, were re-elected with substantial majorities.

In addition to the re-election of board members, resolutions regarding the remuneration report, the appointment and remuneration of auditors, and the authority to allot securities and equity also received strong backing from the shareholders.

The resolution to authorize the company to purchase its own shares was approved with 98.41% votes for, while a special resolution concerning a Rule 9 waiver, which pertains to mandatory takeover offers, was passed with 97.11% of independent shareholders voting in favor.

The company, which has a total of 202,570,647 voting rights, noted that votes withheld are not considered as votes cast for or against a resolution. The full text of the resolutions, along with the Annual Report and Accounts and AGM Notice, will be made available on the company's website and submitted to the National Storage Mechanism.

Luisa Wright, the Company Secretary, is the authorized official responsible for this notification. The results of the AGM reflect shareholder confidence in the management and strategic direction of Dunelm Group plc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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