For immediate release
25 June 2025
SANDERSON DESIGN GROUP PLC
("Sanderson Design Group", the "Company" or the "Group")
Result of AGM
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 were duly passed.
All resolutions were taken on a poll and were passed with the majorities as 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 2025
32,584,146
99.97%
8,352
0.03%
32,592,498
35,416
2. Declaration of final dividend
32,618,279
100.00%
-
0.00%
32,618,279
9,635
3. To re-elect Dianne Thompson as a Non-executive Director
32,412,493
99.67%
108,684
0.33%
32,521,177
106,737
4. To re-elect Juliette Stacey as a Non-executive Director
32,436,483
99.74%
84,684
0.26%
32,521,167
106,747
5. To re-elect Patrick Lewis as a Non-executive Director
32,439,393
99.75%
81,684
0.25%
32,521,077
106,837
6. To re-elect Lisa Montague as a Director
32,397,583
99.67%
108,684
0.33%
32,506,267
121,647
7. To re-elect Mike Woodcock as a Director
32,415,393
99.67%
105,774
0.33%
32,521,167
106,747
8. To re-appoint BDO LLP as auditors of the Company
32,575,770
99.97%
10,613
0.03%
32,586,383
41,531
9. To authorise the Directors to determine the remuneration of the auditors
32,576,534
99.93%
22,540
0.07%
32,599,074
28,840
10. To authorise the Directors to allot shares
32,451,408
99.53%
151,781
0.47%
32,603,189
24,725
11. To approve the amendments to the rules of the Sanderson Design Group 2025 Long Term Incentive Plan
25,189,058
77.61%
7,266,211
22.39%
32,455,269
172,645
12. To renew the Directors' authority to dis-apply pre-emption rights (Special Resolution)
32,380,236
99.34%
216,443
0.66%
32,596,679
31,235
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)
32,380,246
99.34%
216,443
0.66%
32,596,689
31,225
14. To authorise the Company to purchase its own shares (Special Resolution)
25,730,110
99.45%
141,380
0.55%
25,871,490
6,756,424
The Board acknowledges the level of votes against resolution 11 and is engaging with its shareholders in order to understand the reasons behind the voting result and will continue to do so in the coming months. The Board takes seriously its responsibilities to represent the interests of shareholders and uphold the highest standards of corporate governance and is open to further constructive dialogue with shareholders and shareholder bodies.
Notes:
* Includes discretionary votes
** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
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
Investec Bank plc (Nominated Adviser and Joint Broker)
+44 (0) 20 7597 5970
David Anderson / Charlotte Young
Singer Capital Markets (Joint Broker)
+44 (0) 20 7496 3000
Tom Salvesen / Jen Boorer / James Todd
Burson Buchanan
+44 (0) 20 7466 5000
Mark Court / Sophie Wills / Toto Berger / Abigail Gilchrist
SDG@buchanan.uk.com
Notes for editors:
About Sanderson Design Group
Sanderson Design Group PLC is a luxury interior furnishings company that designs, manufactures and markets wallpapers, fabrics and paints. In addition, the Company derives licensing income from the use of its designs on a wide range of products such as bed and bath collections, rugs, blinds and tableware.
Sanderson Design Group's brands include Zoffany, Sanderson, Morris & Co., Harlequin, Clarke & Clarke and Scion.
The Company has a strong UK manufacturing base comprising Anstey wallpaper factory in Loughborough and Standfast & Barracks, a fabric printing factory, in Lancaster. Both sites manufacture for the Company and for other wallpaper and fabric brands.
Sanderson Design Group employs approximately 550 people and its products are sold worldwide. It has showrooms in London, New York and Chicago.
Sanderson Design Group trades on the AIM market of the London Stock Exchange under the ticker symbol SDG.
LEI: 213800A8K2WOUZJIQL93
For further information please visit: www.sandersondesign.group
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END RAGSEIFLIEISEDM