Result of AGM
Sanderson Design Group PLC announced the results of its Annual General Meeting, where all resolutions were passed except for resolution 13, which sought to enable an additional 10% of the Company's issued share capital to be issued without applying statutory pre-emption requirements for acquisitions or capital investments, receiving 74.00% of votes in favour. Resolutions concerning the directors' remuneration report and the re-election of Dianne Thompson and Patrick Lewis as Non-executive Directors saw significant opposition, with 26.01% and 24.80% of votes against, respectively. The company acknowledged the votes against resolution 13 and other resolutions, stating it will engage with shareholders on these matters.
Select text to share a quote on X · sign in to keep highlights & notes in your SDG notes
Sanderson Design Group PLC (AIM: SDG), the luxury interior design and furnishings group, held its Annual General Meeting ("AGM") earlier today at which all resolutions, with the exception of resolution 13, were duly passed.
All resolutions were taken on a poll with the detailed results set out below.
| Resolution | Votes For* | % | Votes Against | % | Total Votes validly cast | Votes Withheld** |
|---|---|---|---|---|---|---|
| 1.To receive the reports of the directors and of the auditors, together with the accounts for the year ended 31 January 2026 | 33,414,025 | 100.00% | - | 0.00% | 33,414,025 | 16,212 |
| 2. Declaration of final dividend | 33,412,671 | 100.00% | - | 0.00% | 33,412,671 | 17,566 |
| 3. To approve the Directors' Remuneration Report for the year ended 31 January 2026. | 24,649,170 | 73.99% | 8,664,527 | 26.01% | 33,313,697 | 116,540 |
| 4. To re-elect Dianne Thompson as a Non-executive Director | 25,014,473 | 74.95% | 8,361,563 | 25.05% | 33,376,036 | 54,201 |
| 5. To re-elect Juliette Stacey as a Non-executive Director | 33,252,905 | 99.63% | 123,131 | 0.37% | 33,376,036 | 54,201 |
| 6. To re-elect Patrick Lewis as a Non-executive Director | 25,099,317 | 75.20% | 8,276,719 | 24.80% | 33,376,036 | 54,201 |
| 7. To re-elect Lisa Montague as a Director | 33,141,082 | 99.34% | 220,054 | 0.66% | 33,361,136 | 69,101 |
| 8. To re-elect Mike Woodcock as a Director | 33,156,749 | 99.34% | 219,287 | 0.66% | 33,376,036 | 54,201 |
| 9. To re-appoint BDO LLP as auditors of the Company | 33,401,761 | 99.96% | 11,806 | 0.04% | 33,413,567 | 16,670 |
| 10. To authorise the Directors to determine the remuneration of the auditors | 33,389,835 | 99.99% | 2,394 | 0.01% | 33,392,229 | 38,008 |
| 11. To authorise the Directors to allot shares | 32,927,956 | 98.55% | 484,559 | 1.45% | 33,412,515 | 17,722 |
| 12. To renew the Directors' authority to dis-apply pre-emption rights (Special Resolution) | 32,869,007 | 98.40% | 535,837 | 1.60% | 33,404,844 | 25,393 |
| 13. To enable an additional 10% of the Company's current issued share capital to be issued without applying the statutory pre-emption requirements where the share issue is proposed in connection with an acquisition or capital investment (Special Resolution) | 24,718,024 | 74.00% | 8,686,820 | 26.00% | 33,404,844 | 25,393 |
| 14. To authorise the Company to purchase its own shares (Special Resolution) | 27,914,851 | 99.85% | 42,388 | 0.15% | 27,957,239 | 5,472,998 |
The Board acknowledges the vote against resolution 13, and the level of votes against other resolutions. The Board takes seriously its responsibilities in representing the interests of all shareholders and will continue to engage with them on these matters.
Notes:
* Includes discretionary votes
The full text for each resolution is set out in the Notice of AGM.
| Sanderson Design Group PLC | c/o Burson Buchanan +44 (0) 20 7466 5000 |
| Lisa Montague, Chief Executive Officer | |
| Mike Woodcock, Chief Financial Officer | |
| David Gracie, Company Secretary | |
| Singer Capital Markets (Nominated Adviser and Broker) | +44 (0) 20 7496 3000 |
| Jen Boorer / Sara Hale / James Todd | |
| Burson Buchanan | +44 (0) 20 7466 5000 |
Helen Tarbet / Sophie Wills / Abigail Gilchrist
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.