Except where indicated otherwise the information was updated on 6th February 2019
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Description of business
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Directors biographies & responsibilities
Its country of incorporation and main country of operation;
The Company is incorporated in England and operates principally in the UK
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Not applicable to the Company
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Memorandum and Articles of Association
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AIM Securities in Issue
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The Company is subject to the UK code on Takeovers and Mergers.
Details of its nominated adviser and other key advisers (as might normally be found in an admission document);
John Lewis of Hungerford plc (“the Company”) designs, manufactures, and retails kitchens, furniture and wall panelling direct to the public from its own showrooms and Company managed concessions throughout the United Kingdom.
In addition the Company operates a United Kingdom direct mail order business, under the name of Just Doors for replacement kitchen cabinet doors
Manufacturing and administration is carried out from a purpose built factory at Wantage, Oxfordshire constructed in 1998.
The Company’s core product line is the “Artisan®” range of kitchens and furniture. In recent years the Company has expanded its line of branded products to include the retro style Crème de la Crème kitchen.
Over the last 6 years the range has been further expanded to include the Shaker Natural Oak and Walnut collection, the Steamer Bay coastal range and the Cool urban kitchen. A new category of Bedroom Furniture has been introduced.
Kiran has spent four years “establishing a dedicated, competent and disciplined sales team”, in her previous role as Sales and Marketing Director. She has been working within Sales and Operational Management for over 20 years including the retail sector and management consultancy. Her recent roles have been at Board level and she has provided a sounding board for many CEOs and MDs. She is an Associate CIPD and brings a wealth of experience in good people management and business development.
Kiran was appointed to the Board in 2013 and to the role of Managing Director during 2016.
Mr Charlton has more than 30 years’ experience in the retail industry and has held senior roles across a wide range of sub-sectors, including department stores, clothing retail and furniture. His previous roles include 10 years as Finance Director of the Austin Reed Group between 2006 and 2016, and various senior positions within the Arcadia Group between 1994 and 2006, including Group Commercial Director, Group Retail Planning Director, and Finance Director of Burton Menswear and Dorothy Perkins. Alan qualified as a Chartered Management Accountant in 1987. Alan Charlton has acted in a consultant capacity to the Company since February 2020.
Mr Huggett, a Chartered Accountant, has over 30 years’ experience developing financial strategies within the manufacturing, hospitality, retail, leisure and services sectors, Stephen has forged a reputation as a pioneer in change management. Extensive corporate finance experience including flotations in both the UK and USA. Stephen brings the essential clarity and focus to corporate endeavours by connecting vision to clear and actionable solutions. Having acted as Head of Finance to John Lewis of Hungerford Plc for 3 years until May 2019. Stephen’s knowledge of the business will be invaluable to the Board in the future.
The Company has 186,745,519 ordinary shares in issue of 0.1pence nominal value each. This information was last updated on 6th February 2019. The Company has been advised of the following interests of 3% or more in the Company’s issued share capital:
|Shareholder||Number of ordinary shares||% of ordinary shares|
|Mr David Stredder (Spreadex Ltd)||15,125,000||8.10%|
|HSBC Securities Services(UK)||11,511,182||6.16%|
|Hargreaves Lansdown Asset||10,613,197||5.68%|
|IG Markets Ltd||8,826,187||4.73%|
|S C Taylor-Young Esq||8,824,841||4.73%|
|Interactive Investor Trading||8,503,030||4.55%|
|Jarvis Investor Management||6,619,085||3.30%|
47.6% of the Company’s issued share capital is not in public hands.
20/12/2019 Posting of Annual Report and Notice of AGM
19/12/2019 Final Results
21/11/2019 Notice of Results
10/10/2019 Trading Update
25/05/2019 Grant of Share Options
13/05/2019 Director/PDMR Shareholder
07/05/2019 Trading Update
13/11/2018 Final Results
13/11/2018 Posting of Annual Report
08/10/2018 Holding(s) in Company
24/05/2018 Half-year Report
27/02/2018 AGM Presentation
25/01/2018 Re-scheduled AGM
23/01/2018 Posting of Annual Report
09/01/2018 Holding(s) in Company
09/01/2018 Final Results
13/12/2016 Final Results
08/11/2016 Pre Close Update
03/11/2016 Board Changes
05/09/2016 Director Succession
09/08/2016 Showroom Closures
29/07/2016 Board Changes
14/07/2016 Appointment of Chairman
06/05/2016 Interim Results
20/04/2016 Board Resignation
28/01/2016 Results of AGM
27/01/2016 AGM Statement
25/1/2016 Posting of Annual Report
25/1/2016 Notice of AGM
18/12/2015 Final Results
26/11/2015 Pre-close Trading Update
14/07/2015 Holding(s) in Company
02/06/2015 Director/PDMR Shareholding
26/05/2015 Trading Update
15/05/2015 Investor Day
08/05/2015 Half Yearly Report
03/02/2015 Results of AGM
02/02/2015 AGM Statement
27/01/2015 Holding(s) in Company
02/01/2015 Posting of Annual Report
23/12/2014 Final Results
24/10/2014 Pre Close Trading Update
01/09/2014 Cancellation of General Meeting
12/08/2014 Change of Name
11/06/2014 Trading Update
14/05/2014 Holding(s) in Company
12/05/2014 Director/PDMR Shareholding
06/05/2014 Holding(s) in Company
01/05/2014 Director/PDMR Shareholding
30/04/2014 New Long Term Incentive Plan
22/04/2014 Holding(s) in Company
17/04/2014 Half Yearly Report
08/04/2014 Holding(s) in Company
24/03/2014 Holding(s) in Company
04/03/2014 Holding(s) in Company
14/02/2014 New Showroom
The company’s statement of compliance with the QCA, Corporate Governance Code can be found here .This information was last updated on 30th June 2019.
The Company holds regular Board meetings throughout the year and maintains control over all appropriate strategic, financial, operational and compliance issues.
The remuneration paid to executive directors is reviewed and approved by the Chairman who is independent of the Company’s management and free from any business or other relationship which could materially interfere with the exercise of his judgement.
The Chairman, who is independent of the Company’s management and free from any business or other relationship which could materially interfere with the exercise of his judgement acts in place of an audit committee. He is responsible for ensuring the financial performance of the Company is properly reported upon and monitored.
Cenkos Securities plc
6.7.8 Tokenhouse Yard
Salt Quay House
4 North Quay House
Barclays Bank plc
6 Market Place
Kingston Smith LLP
60 Goswell Road
Share Registrars Limited
17 West Street
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