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LONDON - Headlam Group (LON:HEAD) plc, a leading floorcovering distributor, announced that its shareholders have passed all resolutions presented at the company’s Annual General Meeting (AGM) held on Thursday. The resolutions, which included the re-election of directors and the re-appointment of the auditor, were approved with the required majorities.
The AGM saw a strong turnout with 68.10% of the issued share capital being voted, excluding treasury shares. The vote to receive the Annual Report and Accounts for the year garnered overwhelming support with 99.79% in favor. Similarly, the Directors’ Remuneration Report was approved with 99.74% of the votes cast.
All director re-elections were confirmed with significant majorities. Notably, Stephen Bird and Karen Hubbard received the lowest approval rates of 91.05% and 90.49%, respectively, while the remaining directors received approval rates above 98%.
The appointment of PricewaterhouseCoopers LLP as the company’s auditor was also ratified with 99.78% of shareholders in favor. In addition, shareholders authorized the directors to determine the auditor’s remuneration and to allot shares with 99.79% and 99.76% approval, respectively.
Special resolutions, which require a 75% majority, included the disapplication of pre-emption rights in general and specifically for acquisition or capital investment, as well as the authorization for the company to purchase its own shares and to call general meetings with 14 days’ notice. These special resolutions were passed with approval rates ranging from 87.46% to 91.79%.
The results of the AGM reflect shareholder confidence in the management and strategic direction of Headlam Group. The company has stated that the details of the resolutions passed will soon be available for inspection in accordance with UK Listing Rules.
This report is based on a press release statement from Headlam Group plc and provides a factual summary of the outcomes of the company’s 2025 AGM.
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