Annual-Report-And-Accounts-2020.Pdf

Total Page:16

File Type:pdf, Size:1020Kb

Annual-Report-And-Accounts-2020.Pdf ANNUAL REPORT AND ACCOUNTS REPOR RT TIMES SQUARE OPEN JD Sports Times Square, New York US SOON CONTENTS OVERVIEW 2 HIGHLIGHTS 4 WHO WE ARE 26 WHERE WE ARE 32 EXECUTIVE CHAIRMAN’S STATEMENT STRATEGIC REPORT 42 BUSINESS MODEL 44 OUR STRATEGY 48 PRINCIPAL RISKS 70 BUSINESS REVIEW 72 FINANCIAL REVIEW 75 PROPERTY AND STORES REVIEW 80 CORPORATE AND SOCIAL RESPONSIBILITY 109 SECTION 172 STATEMENT GOVERNANCE 114 THE BOARD 116 DIRECTORS’ REPORT 122 CORPORATE GOVERNANCE REPORT 129 AUDIT COMMITTEE REPORT 132 DIRECTORS’ REMUNERATION REPORT FINANCIAL STATEMENTS 162 STATEMENT OF DIRECTORS’ RESPONSIBILITIES 164 INDEPENDENT AUDITOR’S REPORT 178 CONSOLIDATED INCOME STATEMENT 178 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 179 CONSOLIDATED STATEMENT OF FINANCIAL POSITION 180 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 181 CONSOLIDATED STATEMENT OF CASH FLOWS 182 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 258 COMPANY BALANCE SHEET 259 COMPANY STATEMENT OF CHANGES IN EQUITY 259 NOTES TO THE COMPANY FINANCIAL STATEMENTS GROUP INFORMATION 272 FINANCIAL CALENDAR 273 SHAREHOLDER INFORMATION 274 FIVE YEAR RECORD 275 GLOSSARY © JD Sports Fashions PLC 2020 Printed (ISO 14001 compliant) using vegetable inks on FSC accredited stock. Design and production: Navig8 www.navig8.co.uk HIGHLIGHTSOUR GROUP 3 REVENUE TOTAL DIVIDEND PAYABLE PER ORDINARY SHARE ** GROUP REVENUE BY £ 6,110.8m 0.28p GEOGRAPHICAL MARKET £4,717.8m 1.71p £3,161.4 m 1.63p £2,378.7m 1.55p £1,821.7m 1.48P 2020 2020 2019 2019 UK 43% 2018 2018 2017 2017 EUROPE 26% 2016 2016 PROFIT BEFORE TAX AND EXCEPTIONAL ITEMS* PROFIT BEFORE TAX £438.8m £348.5m 2020 £355.2m £339.9m £307.4m £294.5m £244.8m £238.4m £157.1m £131.6m US 26% 2020 2020 2019 2019 REST OF WORLD 5% 2018 2018 2017 2017 2016 2016 GROUP REVENUE BY BASIC EARNINGS PER ORDINARY SHARE ADJUSTED BASIC EARNINGS PER ORDINARY SHARE* 25.29p 34.26p CHANNEL 26.90p 28.44p 28.83p 25.15P 18.38p 19.04p 10.03P 12.27p 2020 2020 2019 2019 2018 2018 2017 2017 RETAIL STORES 74% 2016 2016 NET ASSETS NET CASH* £1,289.2m £429.9m MULTICHANNEL 23% £1,076.8m £125.2m £834.3m £309.7m £578.8m £213.6m £499.8m £209.4m WHOLESALE 3% 2020 2020 2019 2019 2018 2018 2017 2017 2016 2016 2 Throughout the Annual Report ‘*’ indicates the first instance of a term defined and is explained in the Glossary on page 275. ** Final dividend withheld as cash was preserved due to COVID-19 outbreak. WHO WE ARE 5 TIMELINE 1981 1989 1996 2005 JD Sports opened JD Sports Fashion 57.5% of JD Sports its first store in Plc was listed on Fashion Plc was London, on Oxford the London Stock bought by the Street. Exchange. Pentland Group. JD Sports began with its first store in Bury, Greater Manchester. 2012 2011 2010 2009 JD Group acquired JD Group acquired Sprinter, a Chausport, a French leading Spanish Sport Retailer; Sport Retailer in the Group’s first footwear, apparel international presence The Group expanded and equipment; and entry into Europe. into the Outdoor JD Group opened JD’s first entry into market with the its first European Spain. acquisition of Blacks JD store in Lille, and Millets. France. 2016 2017 2018 2019 The Group launched its first JD The Group acquired The Group acquired Finish “JD Sports Fashion Plc store in Malaysia, JD’s first entry Hot-T, a South Korean Line in the United States, a was promoted into the into South East Asia. JD is now retailer of branded Sport Fashion Retailer with FTSE100 list for the first also present in Singapore and footwear. a store presence across 44 time on 24 June 2019. Thailand. The Group acquired states. The Group opened This is a very notable The Group opened its first Go Outdoors, the its first five JD stores in landmark for the Group gym as part of JD Gyms; an UK “destination” for the US: Chicago, Houston, which could not have affordable yet stylish gym everything Outdoors. Columbus, Washington been achieved without concept. and Indianapolis. the commitment of all The Group launched of our colleagues.” its first JD store in Peter Cowgill Melbourne, Australia. 4 7 WHO WETHE LEADERARE 6 WHO WE ARE 9 Established in 1981 with a single store JD SPORTS in the North West of England, JD Sports JD is a sports fashion, multichannel 781 retailer of branded sports and casual wear, Fashion Plc is a leading international combining globally recognised brands STORES multichannel retailer of sports, fashion such as Nike, adidas, Puma and The North Face, with strong own brand labels such and outdoor brands. as Pink Soda and Supply & Demand to provide an elevated consumer experience. JD is an industry leading retail business 19 which combines the best of physical and digital retail to give a compelling consumer proposition which enables its customers to TERRITORIES ACROSS shop seamlessly across all channels. THE GLOBE UNRIVALLED 8 WHO WE ARE 11 SIZE? FOOTPATROL Established in 2000, Size? specialises in 37 Footpatrol is famous for supplying the 2 supplying the finest products from the best sneaker fraternity with the most desirable brands in footwear, apparel and accessories. STORES footwear, apparel and accessories. STORES Initially set up to trial edgier product Specialising in new and classic sneakers, collections before introducing them to the limited editions, Japanese exclusives and mass market through the JD fascia, the rare deadstock. The original Footpatrol Size? offer has since grown to include its store is based in the heart of Soho on own roster of highly sought-after worldwide Berwick Street which is complemented exclusive product releases. Outside of the with a second store on the fashionable UK and Republic of Ireland, Size? has stores Rue de Temple in Paris. Footpatrol also has in Belgium, Denmark, France, Germany, Italy, dedicated local language sites for seven the Netherlands and Spain. other countries including the Netherlands UNIQUEand Germany. AND EXCLUSIVE 10 WHO WE ARE 13 CHAUSPORT SPRINTER Chausport operates throughout France 67 Sprinter is one of the leading sports 156 retailing leading international footwear retailers in Spain selling footwear, apparel, brands such as Adidas, Nike and Timberland STORES IN FRANCE accessories and equipment for a wide range STORES to a more family focussed customer through of sports as well as lifestyle casual wear a network of 67 stores and a trading website. and childrenswear. Their offer includes both international sports brands and successful LEADINGown brands. FAMILY 12 WHO WE ARE 15 SPORT ZONE PERRY SPORT AND Sport Zone is a well-established and leading 108 AKTIESPORT 96 multibranded sports retailer offering a wide apparel, footwear, accessories and STORES Sports Unlimited Retail operates in the STORES equipment range across multiple sports. Netherlands under the Perry Sport and The stores in Spain and the Canary Islands Aktiesport fascias. Aktiesport is the largest now trade under the Sprinter banner with sports retail business in the Netherlands Sport Zone now focussed in Portugal. with a sharp focus on selling football and lifestyle goods from various brands such as Nike, Adidas, Under Armour and FILA. Perry Sport is a sports and adventure retailer with a focus on functional sports, sports lifestyle LIFEand adventure simultaneously. STYLE 14 WHO WE ARE 17 FINISH LINE JD GYMS Finish Line is one of the largest retailers of 508 JD Gyms offers seriously stylish, seriously 30 premium, multibranded athletic footwear, affordable, award winning facilities across 30 apparel and accessories in the United States. STORES prime locations and plays host to a bespoke LOCATIONS Finish Line trades from over 500 branded mix of industry leading fitness equipment retail stores in more than 40 US states and and an exciting range of fitness classes. Puerto Rico and is also the exclusive partner of athletic shoes for Macy’s. SERIOUS STYLE 16 WHO WE ARE 19 TESSUTI SCOTTS Tessuti is a leading retailer of high fashion, 39 Scotts retails fashion and sport led brands 22 aspirational brands catering to both Men with authority to older, more affluent male and Women. Tessuti offers its consumers STORES consumers largely beyond school age, STORES a unique shopping experience through stocking brands such as Lacoste, Fred Perry, its website and concept stores and is Pretty Green and Paul & Shark. a consumer destination for luxury and desirable high fashion items, ranging from footwear and accessories to apparel. Tessuti stocks brands such as Hugo Boss, Polo Ralph Lauren, Parajumpers and Stone Island. HIGH FASHION 18 WHO WE ARE 21 MAINLINE BLACKS Mainline Menswear is an online niche retailer Blacks is a long established retailer of 57 of premium branded men’s apparel and specialist outdoor apparel, footwear and footwear, stocking brands such as Armani, equipment. Blacks primarily stock more STORES Hugo Boss and Ralph Lauren. technical products from premium brands such as Berghaus and The North Face helping Outdoor participants, from weekend family users to more avid explorers, reach their goals, noOUT matter how high. DOORS PREMIUM 20 WHO WE ARE 23 MILLETS GO OUTDOORS GO focuses on innovation and value, 67 Millets supply a more casual outdoor 97 helping people to step into the outdoors customer who seeks value for money, whether it’s to go walking, camping, cycling STORES providing for a wide range of recreational STORES or fishing. From unique product areas to activities with an emphasis on exclusive strong exclusive brands such as Hi-Gear, brands, such as Peter Storm and Eurohike. North Ridge and Freedom Trail, GO is constantly looking for fresh ideas to keep things fun. INSPIRING IDEAS 22 WHO WE ARE 25 TISO Tiso is Scotland’s leading adventure sports 13 retailer specialising in outdoor, mountain, skiing and cycling.
Recommended publications
  • Parker Review
    Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people.
    [Show full text]
  • Marketing Particulars
    On the Instruction of Lloyds Banking Group TO LET – NEW LEASE AVAILABLE CHESTER, 4 Foregate Street CH1 1HA Location Chester is an historic city located approximately 36 miles south west of Manchester, and approximately 25 miles south of Liverpool. It is located at the western end of the M56 motorway, which links with the M6 and M60 motorways. The property is situated on Foregate Street, the prime retail pitch within Chester city centre. Nearby occupiers include Lloyds Bank, HSBC Bank, WHSmith, Clarks and JD Sports. Description The ground floor comprises a shell unit with open plan floor space. The basement floor consists of ancillary storage and toilets. Accommodation • Prime Retail Location • Heavy Footfall Ground Floor 34.90 sq m 376 sq ft • New lease terms available Basement Floor 78.78 sq m 794 sq ft EPC An EPC can be made available upon Tenure request. The property is available on an FRI Leasehold basis. Viewing Length of term to be negotiated. By appointment via this office: Rent Ross Jackson £40,000 pax. t: + 44 161 233 5492 e: [email protected] Rates CBRE Limited We are informed by the Local Rating Authority that the current rateable Henrietta House, Henrietta Place value of the property is £34,500 and the rates payable are £17,008.50. London W1G 0NB The UBR for 2018/2019 is 49.3 p. Interested parties are advised to make www.cbre.co.uk/retail their own enquiries with the Local Authority for verification purposes. Date of Issue 13 th June 2018 On the Instruction of Lloyds Banking Group TO LET – NEW LEASE AVAILABLE CHESTER, 4 Foregate Street CH1 1HA DISCLAIMER: CBRE Limited CBRE Limited on its behalf and for the Vendors or Lessors of this property whose Agents they are, give notice that: 1.
    [Show full text]
  • Resilience of Your Supply Chain… About Us
    WE INVITE YOU TO INCREASE THE RESILIENCE OF YOUR SUPPLY CHAIN… ABOUT US The Transported Asset Protection Association (TAPA) was formed 23 years ago by leading global Manufacturers & Logistics Service Providers to make their supply chains more resilient. Transported Asset Protection Association Today, TAPA is the world’s leading Security Expert Network for everyone in the supply chain … and we invite you to join our family. Joining our Association will give you access to supply chain resilience insight, trends and tools as well as industry-leading security standards, training and CARGO CRIME IN EMEA unique networking opportunities with like-minded supply chain professionals. With today’s unprecedented focus on supply chain resilience, TAPA’s presence • Thefts from supply chains cost businesses in Europe alone more than in the Europe, Middle East & Africa (EMEA) region is greater than at any time in €8.2 billion a year* our history … and we are growing at a record pace. I kindly ask you to spend a • All types of products are now a target for cargo thieves** moment reading this invitation to find out more about us. • Cargo thefts recorded in 48 countries in EMEA in 12 months** I would also welcome a conversation with you to answer any further questions you may have. You can reach me at [email protected] • Average annual loss for major cargo crimes = €536,889** I hope we will be speaking soon. • Annual increase in recorded cargo thefts = 114.7%** • Supply chain theft incidents reported to TAPA in EMEA in 12 months** = 8,548 •
    [Show full text]
  • INVITATION BERENBERG Is Delighted to Invite You to Its
    INVITATION BERENBERG is delighted to invite you to its USA CONFERENCE 2021 on Tuesday, May 18th – Thursday, May 20th 2021 Virtual Conference Conference calls will be scheduled throughout the day. Our Events Team will be providing technical support and facilitating all calls. LIST OF ATTENDING COMPANIES (SUBJECT TO CHANGE) Aerospace & Defence and Automotives Capital Goods & Industrial Engineering Construction, Metals & Mining and Utilities BAE Systems plc Alfen NV Breedon Group plc CONTINENTAL AG Alstom SA CRH plc RHEINMETALL AG Aluflexpack AG RWE AG Rolls-Royce Holdings plc Ceres Power Holdings plc Travis Perkins plc Schaeffler AG Diploma plc Victoria plc Vitesco Technologies GmbH Exponent Inc. Volution Group plc FASTNED B.V. Wienerberger AG Jungheinrich AG Knorr-Bremse AG Business Services, Leisure and Transport Marel hf Consumer Accor SA McGrath RentCorp AB InBev Applus Services SA Rational AG ASOS Plc Basic-Fit Schindler Holding AG Boozt AB Befesa SA Stabilus S.A Carlsberg A/S Borussia Dortmund GmbH & Co. KGaA Trex Company, Inc. Chr. Hansen A/S Brenntag AG va-Q-tec AG Essity Compass Group PLC VARTA AG Fevertree Drinks plc CTS Eventim AG & Co KGaA XP Power Ltd FIELMANN AG Dalata Hotel Group plc Zebra Technologies Glanbia plc Deutsche Post AG Global Fashion Group Henkel AG & Co KGaA doValue SpA Chemicals Entain PLC home24 SE Air Liquide SA Fluidra S.A. JD Sports Plc Ambercycle Hapag-Lloyd AG J Sainsbury Akzo Nobel NV IMCD N.V. Kerry Group plc BASF SE JTC plc Marley Spoon Bayer AG National Express Nestlé SA Evonik Industries AG Rubis SCA Reckitt Benckiser Group plc Fuchs Petrolub SE RWS Holdings plc Shop Apotheke Europe NV Kemira Oyj SGS SA Westwing Group AG LANXESS AG SIXT SE Linde plc Solutions 30 SE Novozymes A/S LIST OF ATTENDING COMPANIES (SUBJECT TO CHANGE) Financials Healthcare Healthcare Barclays plc AbCellera Biologics Inc Novo Nordisk A/S Brewin Dolphin Holdings plc Align Technology, Inc.
    [Show full text]
  • Making Things Better
    Making things better Pentland Group Corporate Responsibility review 2015 Contents 1 Introduction Explaining who we are and what corporate responsibility means to us 02 2 Sustainable products Reducing the impact of our products across our supply chain 18 3 Ethical trade Conducting business ethically and fairly, respecting everyone involved in making our products 34 4 Operations Reducing any harmful impact of our business operations and creating a great place to work 46 5 Charity and community Contributing positively to the communities in which we operate 56 6 UN Global Compact: Ten Principles Reporting in line with the UN Global Compact’s Ten Principles 66 Pentland Brands 1 Introduction Who we are and what corporate responsibility means to us 01 02 2015 Highlights This page summarises some of the year’s key achievements: Sustainable products Ethical trade Operations Charity and community We reduced We started supporting 1/3 GREENHOUSE GAS EMISSIONS BY Of berghaus’ autumn WINTER 2016 RANGE Pentland is a % THREE NEW will have MadeKind swing tags – they let the 7 CHARITY PARTNERS consumer know that products have been designed FOUNDING MEMBER OF ACT for the next three years, voted for by with sustainability in mind an industry body focused on paying living wages year on year Pentland Brands employees 90% 29 87% 100% REDUCTION IN ZERO Of lacOste’s & TOLERANCE ISSUES We used berghaus’ leather TEAMS PARTICIPATED compared with 2014 came from Leather Working Group 100% RENEWABLE ENERGY IN GIVE BACK DAY medal-rated tanneries at Pentland Brands sites
    [Show full text]
  • Making Things Better
    Making things better Pentland Group Corporate Responsibility review 2016 Contents Introduction Who we are and what corporate responsibility means to us 02 Building brands with social purpose Using our brands to make a positive difference 14 Future-proofing our supply chain Continuing to reduce the impact of our products across our supply chain 22 Respecting human rights and tackling inequality Continuing to conduct business ethically and fairly, respecting everyone involved in making our products 34 UN Global Compact: Ten Principles Reporting in line with the UN Global Compact’s Ten Principles 46 Introduction Who we are and what corporate responsibility means to us 01 02 We raised 2016 Highlights % This page summarises some of the 47 £10,000 year’s key achievements: MITRE of our spend was with vendors is using environmentally friendly inks we have worked with for for our charity partners through our across all its training balls MORE THAN 10 YEARS partnership with Africa Shoes We reduced Every area of the business 40% GREENHOUSE GAS EMISSIONS Pentland Brands worked with % OF BERGHAUS’ RANGE LANCASTER UNIVERSITY 6 PARTICIPATED IN GIVE BACK DAY now carries the Made Kind™ swing tag to develop a modern slavery risk in the UK year on year – a day of volunteering in the community assessment tool % 90 % ZERO 100 596 OF LACOSTE’S & NO ZERO We used WE DONATED SURPLUS BERGHAUS’ LEATHER PRODUCTS TO 596 CHARITIES TOLERANCE ISSUES 100% RENEWABLE ENERGY comes from Leather Working Group through our partnership with In Kind Direct found as part of our
    [Show full text]
  • Worldreginfo - 37Fa87ce-483D-4988-A873-5E8e066464b9 Worldreginfo - 37Fa87ce-483D-4988-A873-5E8e066464b9 Contents
    WorldReginfo - 37fa87ce-483d-4988-a873-5e8e066464b9 WorldReginfo - 37fa87ce-483d-4988-a873-5e8e066464b9 Contents Overview Highlights 8 Who We Are 10 Where We Are 32 Executive Chairman’s Statement 34 Strategic Report Business Model 40 Our Strategy 41 Principal Risks 45 Business Review 58 Financial Review 60 Property and Stores Review 62 Corporate and Social Responsibility 64 Governance The Board 86 Directors’ Report 88 Corporate Governance Report 92 Audit Committee Report 98 Directors’ Remuneration Report 100 Financial Statements Statement of Directors’ Responsibilities 114 Independent Auditor’s Report 115 Consolidated Income Statement 124 Consolidated Statement of Comprehensive Income 124 Consolidated Statement of Financial Position 125 Consolidated Statement of Changes in Equity 126 Consolidated Statement of Cash Flows 127 Notes to the Consolidated Financial Statements 128 Company Balance Sheet 177 Company Statement of Changes in Equity 178 Notes to the Company Financial Statements 179 Group Information Financial Calendar 192 Shareholder Information 193 Five Year Record 194 Glossary 195 WorldReginfo - 37fa87ce-483d-4988-a873-5e8e066464b9 WorldReginfo - 37fa87ce-483d-4988-a873-5e8e066464b9 - WorldReginfo Overview WorldReginfo - 37fa87ce-483d-4988-a873-5e8e066464b9 Highlights Total dividend payable Revenue per ordinary share 2019 £4,717.8m 2019 1.71p 2018 £3,161.4m 2018 1.63p 2017 £2,378.7m 2017 1.55p 2016 £1,821.7m 2016 1.48p 2015 £1,522.3m 2015 1.41p Profit before tax Adjusted basic earnings and exceptional items* per ordinary share* 2019 £355.2m 2019 28.44p 2018 £307.4m 2018 25.15p 2017 £244.8m 2017 19.04p 2016 £157.1m 2016 12.27p 2015 £100.0m 2015 7.78p Profit before tax Net assets 2019 £339.9m 2019 £1,076.8m 2018 £294.5m 2018 £834.3m 2017 £238.4m 2017 £578.8m 2016 £131.6m 2016 £400.8m 2015 £90.5m 2015 £310.0m Throughout the Annual Report ‘*’ indicates the first instance of a term defined and explained in the Glossary on page 195.
    [Show full text]
  • Vote Summary Report Reporting Period: 10/01/2017 to 12/31/2017
    Vote Summary Report Reporting Period: 10/01/2017 to 12/31/2017 PhosAgro PJSC Meeting Date: 10/02/2017 Country: Russia Meeting Type: Special Proposal Vote Number Proposal Text Mgmt Rec Instruction 1 Approve Early Termination of Powers of For For Board of Directors 2.1 Elect Igor Antoshin as Director None Against 2.2 Elect Andrey A. Guryev as Director None For 2.3 Elect Andrey G. Guryev as Director None Against 2.4 Elect Yury Krugovykh as Director None For 2.5 Elect Sven Ombudstvedt as Director None For 2.6 Elect Roman Osipov as Director None For 2.7 Elect Natalya Pashkevich as Director None For 2.8 Elect James Beeland Rogers, Jr. as Director None For 2.9 Elect Ivan Rodionov as Director None Against 2.10 Elect Marcus J. Rhodes as Director None For 2.11 Elect Mikhail Rybnikov as Director None For 2.12 Elect Aleksandr Sharabayko as Director None For 2.13 Elect Andrey Sharonov as Director None For 3 Approve Remuneration of Directors For For 4 Amend Charter For For 5 Amend Regulations on General Meetings For For 6 Approve Dividends For For PhosAgro PJSC Meeting Date: 10/02/2017 Country: Russia Meeting Type: Special Proposal Vote Number Proposal Text Mgmt Rec Instruction 1 Approve Early Termination of Powers of For For Board of Directors Page 1 of 767 Vote Summary Report Reporting Period: 10/01/2017 to 12/31/2017 PhosAgro PJSC Proposal Vote Number Proposal Text Mgmt Rec Instruction 2.1 Elect Igor Antoshin as Director None Against 2.2 Elect Andrey A.
    [Show full text]
  • Artemis Institutional UK Special Situations Fund
    Artemis Institutional UK Special Situations Fund Half-Yearly Report (unaudited) for the six months ended 30 June 2021 General information Objective and investment policy Company profile Objective The investment objective of the Fund is to provide long- and term capital growth by exploiting special situations. The Artemis is a leading UK-based fund manager, offering a range investment Fund invests principally in UK equities and in companies of funds which invest in the UK, Europe, the US and around policy which are headquartered or have a significant part of their activities in the UK which are quoted on a regulated the world. market outside the UK. The securities of companies listed, quoted and/or traded in the UK but domiciled elsewhere As a dedicated, active investment house, we specialise in and the securities of companies traded on PLUS may be investment management for both retail and institutional included in the portfolio. Income within the portfolio is accumulated and reinvested. The Fund aims to provide investors across Europe. investors with a total return in excess of that of the FTSE ALL-Share Index. Independent and owner-managed, Artemis opened The Manager actively manages the portfolio in order to for business in 1997. Its aim was, and still is, exemplary achieve this objective. Exposure to large, medium and small companies varies over time, reflecting the Manager’s investment performance and client service. All Artemis’ views on where the greatest performance potential exists. staff share these two precepts – and the same flair and The Fund may also invest the property in transferable enthusiasm for fund management.
    [Show full text]
  • Factsheet: DWS European Opportunities
    Marketing Material Factsheet: DWS European Opportunities Equity Funds - Europe August 2021 As at 31/08/2021 Fund Data Performance Investment Policy Performance - Share Class LD (in %) Selected European companies with medium market capitalizations (mid caps) as well as some with small market capitalizations (small caps). Fund Benchmark (since 22/04/2002)* *Benchmark: 70% STOXX Europe Mid 200, 30% STOXX Europe Small 200 ab 30.6.00 (RI) Fund Management's Comment Calculation of performance is based on the time-weighted return and excludes front-end fees. Individual costs such as fees, commissions and other charges have not been included in this presentation and would have an adverse impact on returns if they were included. Past performance is not a reliable indicator of future returns. In August, the European equity market was stronger on balance. The continued high bond purchases by the ECB and the Fed, the stabilization of long-term bond yields in the Cumulative performance (in %) - share class LD Eurozone and in the US, continued moderate 1 m 1 y 3 y 5 y s. Inception YTD 3 y avg 5 y avg 2017 2018 2019 2020 investor positioning and emerging speculation about details of the Fed’s plan to reduce its bond purchases supported the equity markets EUR 2.4 39.8 55.7 97.2 3,128.0 18.6 15.9 14.5 19.0 -19.4 42.4 16.4 in August. The continued spread of the delta BM IN EUR 2.1 37.0 32.6 69.3 2,206.3 20.1 9.9 11.1 16.8 -12.2 28.2 2.1 variant, the further strengthening of regulatory dynamics in China, falling commodity prices and mixed global economic data were negative trends in August.
    [Show full text]
  • Annex 1: Parker Review Survey Results As at 2 November 2020
    Annex 1: Parker Review survey results as at 2 November 2020 The data included in this table is a representation of the survey results as at 2 November 2020, which were self-declared by the FTSE 100 companies. As at March 2021, a further seven FTSE 100 companies have appointed directors from a minority ethnic group, effective in the early months of this year. These companies have been identified through an * in the table below. 3 3 4 4 2 2 Company Company 1 1 (source: BoardEx) Met Not Met Did Not Submit Data Respond Not Did Met Not Met Did Not Submit Data Respond Not Did 1 Admiral Group PLC a 27 Hargreaves Lansdown PLC a 2 Anglo American PLC a 28 Hikma Pharmaceuticals PLC a 3 Antofagasta PLC a 29 HSBC Holdings PLC a InterContinental Hotels 30 a 4 AstraZeneca PLC a Group PLC 5 Avast PLC a 31 Intermediate Capital Group PLC a 6 Aveva PLC a 32 Intertek Group PLC a 7 B&M European Value Retail S.A. a 33 J Sainsbury PLC a 8 Barclays PLC a 34 Johnson Matthey PLC a 9 Barratt Developments PLC a 35 Kingfisher PLC a 10 Berkeley Group Holdings PLC a 36 Legal & General Group PLC a 11 BHP Group PLC a 37 Lloyds Banking Group PLC a 12 BP PLC a 38 Melrose Industries PLC a 13 British American Tobacco PLC a 39 Mondi PLC a 14 British Land Company PLC a 40 National Grid PLC a 15 BT Group PLC a 41 NatWest Group PLC a 16 Bunzl PLC a 42 Ocado Group PLC a 17 Burberry Group PLC a 43 Pearson PLC a 18 Coca-Cola HBC AG a 44 Pennon Group PLC a 19 Compass Group PLC a 45 Phoenix Group Holdings PLC a 20 Diageo PLC a 46 Polymetal International PLC a 21 Experian PLC a 47
    [Show full text]
  • Constituents & Weights
    2 FTSE Russell Publications 19 August 2021 FTSE 100 Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) 3i Group 0.59 UNITED GlaxoSmithKline 3.7 UNITED RELX 1.88 UNITED KINGDOM KINGDOM KINGDOM Admiral Group 0.35 UNITED Glencore 1.97 UNITED Rentokil Initial 0.49 UNITED KINGDOM KINGDOM KINGDOM Anglo American 1.86 UNITED Halma 0.54 UNITED Rightmove 0.29 UNITED KINGDOM KINGDOM KINGDOM Antofagasta 0.26 UNITED Hargreaves Lansdown 0.32 UNITED Rio Tinto 3.41 UNITED KINGDOM KINGDOM KINGDOM Ashtead Group 1.26 UNITED Hikma Pharmaceuticals 0.22 UNITED Rolls-Royce Holdings 0.39 UNITED KINGDOM KINGDOM KINGDOM Associated British Foods 0.41 UNITED HSBC Hldgs 4.5 UNITED Royal Dutch Shell A 3.13 UNITED KINGDOM KINGDOM KINGDOM AstraZeneca 6.02 UNITED Imperial Brands 0.77 UNITED Royal Dutch Shell B 2.74 UNITED KINGDOM KINGDOM KINGDOM Auto Trader Group 0.32 UNITED Informa 0.4 UNITED Royal Mail 0.28 UNITED KINGDOM KINGDOM KINGDOM Avast 0.14 UNITED InterContinental Hotels Group 0.46 UNITED Sage Group 0.39 UNITED KINGDOM KINGDOM KINGDOM Aveva Group 0.23 UNITED Intermediate Capital Group 0.31 UNITED Sainsbury (J) 0.24 UNITED KINGDOM KINGDOM KINGDOM Aviva 0.84 UNITED International Consolidated Airlines 0.34 UNITED Schroders 0.21 UNITED KINGDOM Group KINGDOM KINGDOM B&M European Value Retail 0.27 UNITED Intertek Group 0.47 UNITED Scottish Mortgage Inv Tst 1 UNITED KINGDOM KINGDOM KINGDOM BAE Systems 0.89 UNITED ITV 0.25 UNITED Segro 0.69 UNITED KINGDOM
    [Show full text]