Result of General Meeting and Total Voting Rights
Likewise Group plc announced that all resolutions presented at its General Meeting were passed, with approximately 83.40% to 83.75% of votes cast in favour of each resolution, satisfying a condition for the completion of its Fundraising. Admission of 30,475,287 Ordinary Shares is expected on 17 August 2026, after which the Company's issued share capital will be 367,018,567, with 365,225,349 total voting rights. Following the Fundraising, key directors and PDMRs have increased their shareholdings, with the CEO Tony Brewer holding 7.6% of the enlarged share capital.
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Likewise Group plc (AIM:LIKE), the fast-growing and progressive flooring distributor in the UK, is pleased to announce that, at the General Meeting held earlier today, all resolutions set out in the notice of General Meeting contained in the Circular dated 29 July 2026 were duly passed.
Capitalised terms not otherwise defined herein shall have the meanings given to them in the Company's announcement released at 6:01 p.m. on 28 July 2026 or in the announcement released at 7:00 a.m. on 4 August 2026.
Result of the Meeting
Details of the results of the voting at the General Meeting, including the number of proxy votes for and against each of the resolutions proposed, and the number of proxy votes withheld, are set out below. Resolutions 1 and 2 were proposed and passed as ordinary resolutions and resolutions 3, 4 and 5 were proposed and passed as special resolutions.
| For | Against | Withheld | |||
|---|---|---|---|---|---|
| Votes | % of votes cast | Votes | % of votes cast | ||
| Resolution 1 | 68,695,806 | 83.75 | 13,331,941 | 16.25 | 161,987 |
| Resolution 2 | 68,711,987 | 83.72 | 13,359,609 | 16.28 | 118,138 |
| Resolution 3 | 68,611,982 | 83.52 | 13,540,459 | 16.48 | 37,293 |
| Resolution 4 | 68,514,365 | 83.40 | 13,638,076 | 16.60 | 37,293 |
| Resolution 5 | 68,513,982 | 83.40 | 13,638,459 | 16.60 | 37,293 |
Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution. There were no votes received giving discretion to the Chairman. The full text of each resolution is available in the Notice of General Meeting, published on the Company's website.
The passing of the Resolutions is one of the conditions to completion of the Fundraising, and as a result of the votes cast in their favour, that particular condition has been satisfied. Completion of the Fundraising remains conditional upon Admission, which is expected to occur on 17 August 2026.
Admission and Total Voting Rights
Application has been made for 30,475,287 Ordinary Shares to be admitted to trading on AIM ("Admission"), with dealings expected to commence at 8.00 a.m. on 17 August 2026.
Following Admission, the issued share capital of the Company will be 367,018,567 and the Company now holds 1,793,218 shares in treasury. The total voting rights in the Company is now 365,225,349 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Likewise under the FCA's Disclosure Guidance and Transparency Rules.
Director and PDMR Shareholdings
Following completion of the Fundraising including the Retail Offer, the following Directors and PDMRs are interested in the following:
| Director / PDMR | Position | Existing shareholding (Number of Ordinary Shares) | Number of new Ordinary Shares acquired | Shareholding on Admission (Number of Ordinary Shares) | % of the Enlarged Share Capital on Admission |
|---|---|---|---|---|---|
| Tony Brewer | Chief Executive Officer | 27,461,241 | 160,263 | 27,621,504 | 7.6% |
| Paul Bassi | Chairman | 3,500,000 | 1,500,000 | 5,000,000 | 1.4% |
| Andrew Simpson | Non-executive director | 10,840,444 | 64,500 | 10,904,944 | 3.0% |
| Mike Steventon | Non-executive director | 142,857 | 104,815 | 247,672 | 0.1% |
| Adrian Laffey | Residential Director | 7,473,911 | 121,858 | 7,595,769 | 2.1% |
| Ben Baker- Ashforth | Head of Financial Accounting & Reporting | - | 6,912 | 6,912 | <0.1% |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.