Card Factory PLC, the UK's leading specialist retailer of greeting cards, gifts, and celebration essentials, has announced the results of its Annual General Meeting (AGM) held on 20 June 2024. All resolutions set out in the AGM Notice were passed on a poll. The details of the aggregate poll votes submitted on the resolutions were provided, including the percentage of votes cast for and against each resolution, as well as the votes withheld.
The company noted that Resolution 3, regarding the re-election of Paul Moody as a Director, received less than 80% support. As a result, the Board will engage with shareholders to understand their concerns and provide an update on further consultations within six months, in accordance with the UK Corporate Governance Code.
The AGM saw valid poll cards made in respect of 210,425,796 shares, representing 60.67% of the issued share capital. The full text of the special business resolutions passed will be submitted to the UK Listing Authority via the National Storage Mechanism and will be available for review. Additionally, the company's investor relations website will soon host a copy of the announcement.
As of 20 June 2024, the company had 346,859,600 ordinary shares of £0.01 each in issue with voting rights, with no shares held in treasury. The resolutions were passed as ordinary or special resolutions, as detailed in the Notice of Annual General Meeting. Shareholders were invited to submit questions they would have asked at the AGM, but no such questions were received.
The announcement was made by Ciaran Stone, the Company Secretary, and contact details for further enquiries were provided. The company's Chief Executive Officer and Chief Financial Officer, Darcy Willson-Rymer and Matthias Seeger, respectively, can be contacted via Teneo.