Result of AGM
November 27 2003 - 9:21AM
UK Regulatory
RNS Number:5821S
Esprit Holdings Ld
27 November 2003
ESPRIT HOLDINGS LIMITED
(incorporated in Bermuda with limited liability)
RESULTS OF THE 2003 ANNUAL GENERAL MEETING
The Directors are pleased to announce that at the Annual General Meeting of the
Company held today (the "AGM"), all resolutions put to shareholders,
including the payment of a final dividend of 32.5 Hong Kong cents per share and
a special dividend of 30.0 Hong Kong cents per share for the year ended June 30,
2003, the general mandate to the Directors to purchase shares not exceeding 10%
of the total nominal amount of the existing issued share capital of the Company
and to issue, allot and deal with additional shares not exceeding 20% of the
existing issued share capital of the Company, were duly passed.
Set out below are the poll results in respect of the resolutions passed at the
Annual General Meeting of the Company:
Number of Votes (%)
Resolutions For Against
1 To receive and consider the audited consolidated 769,525,631 0
financial statements and the reports of the (100%) (0%)
directors and of the auditors for the year ended
June 30, 2003.
The resolution was duly passed unanimously as ordinary resolution.
2 To approve a final dividend of 32.5 Hong Kong cents 779,311,434 0
per share for the year ended June 30, 2003. (100%) (0%)
The resolution was duly passed unanimously as ordinary resolution.
3 To approve a special dividend of 30.0 Hong Kong 777,413,934 1,897,500
cents per share for the year ended June 30, 2003. (99.76%) (0.24%)
As more than 50% of the votes were cast in favour of the resolution, the
resolution was duly passed as ordinary resolution.
4(i) To re-elect Mr. Heinz Jurgen Krogner-Kornalik as a 759,955,643 11,045,219
director. (98.57%) (1.43%)
As more than 50% of the votes were cast in favour of the resolution, the
resolution was duly passed as ordinary resolution.
4(ii) To re-elect Mr. Thomas Johannes Grote as a 759,955,643 11,045,219
director. (98.57%) (1.43%)
As more than 50% of the votes were cast in favour of the resolution, the
resolution was duly passed as ordinary resolution.
4(iii) To re-elect Mr. Jurgen Alfred Rudolf Friedrich as 759,955,643 11,045,219
a director. (98.57%) (1.43%)
As more than 50% of the votes were cast in favour of the resolution, the
resolution was duly passed as ordinary resolution.
4(iv) To re-elect Mr. Paul Cheng Ming Fun as a director. 759,955,643 11,045,219
(98.57%) (1.43%)
As more than 50% of the votes were cast in favour of the resolution, the
resolution was duly passed as ordinary resolution.
5 To re-appoint Messrs. PricewaterhouseCoopers as 768,917,843 10,142,091
auditors and to authorize the Board to fix their (98.70%) (1.30%)
remuneration.
As more than 50% of the votes were cast in favour of the resolution, the
resolution was duly passed as ordinary resolution.
6 To give a general mandate to the directors to 779,181,434 698,000
purchase shares not exceeding 10% of the total (99.91%) (0.09%)
nominal amount of the existing issued share capital
of the Company in accordance with ordinary
resolution no. 6 as set out in the Notice.
As more than 50% of the votes were cast in favour of the resolutions, the
resolution was duly passed as ordinary resolutions.
7 To give a general mandate to the directors to 748,346,165 44,395,650
issue, allot and deal with additional shares not (94.40%) (5.60%)
exceeding 20% of the existing issued share capital
of the Company in accordance with ordinary
resolution no. 7 as set out in the Notice.
As more than 50% of the votes were cast in favour of the resolution, the
resolution was duly passed as ordinary resolution.
8 To extend the general mandate granted to the 778,379,108 15,060,707
directors to issue shares by the number of shares (98.10%) (1.90%)
repurchased in accordance with ordinary resolution
no. 8 as set out in the Notice.
As more than 50% of the votes were cast in favour of the resolution, the
resolution was duly passed as ordinary resolution.
By Order of the Board
John Poon Cho Ming
Executive Director
Hong Kong, November 26, 2003
This announcement can also be accessed through our internet site at
www.espritholdings.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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