2nd Aug 2013 12:16
PENNON GROUP PLC
AGM STATEMENT
Summary of the Annual General Meeting held on 1 August 2013 at Sandy Park Conference Centre, Sandy Park, Exeter Devon
The Directors are pleased to announce that the shareholders of Pennon Group Plc at the Company's Annual General Meeting on Thursday, 1 August 2013 passed all the resolutions as set out in the Notice of Annual General Meeting dated 25 June 2013.
The following table summarises the proxy votes received from shareholders prior to the meeting. The highest percentage of the issued share capital voted was approximately 63.79%. Votes withheld are not votes in law and have not been counted in the calculation of the votes.
Number of Votes | ||
Resolution 1: To receive and adopt for the year ended 31 March 2013 the financial statements, the Directors' Report and the report of the independent auditors on the financial statements. |
| |
For | 229,433,275 | |
Against | 3,461,851 | |
Discretion | 620,708 | |
Withheld | 77,957 | |
Resolution 2: To declare a final dividend in respect of the year ended 31 March 2013 of 19.70p for each ordinary share of nominal value 40.7p for payment on 4 October 2013. | ||
For | 232,338,228 | |
Against | 573,455 | |
Discretion | 611,975 | |
Withheld | 70,133 | |
Resolution 3: To approve the Directors' remuneration report for the year ended 31 March 2013. | ||
For | 227,613,968 | |
Against | 3,732,980 | |
Discretion | 624,118 | |
Withheld | 1,622,724 | |
Resolution 4: To re-elect Mr K G Harvey as a Director. | ||
For | 229,129,273 | |
Against | 3,559,206 | |
Discretion | 631,587 | |
Withheld | 273,724 | |
Resolution 5: To re-elect Mr M D Angle as a Director. | ||
For | 220,645,517 | |
Against | 12,181,291 | |
Discretion | 638,190 | |
Withheld | 128,799 | |
Resolution 6: To re-elect Mr G D Connell as a Director. | ||
For | 208,554,326 | |
Against | 21,904,762 | |
Discretion | 638,945 | |
Withheld | 2,495,757 | |
Resolution 7: To re-elect Mr C I J H Drummond as a Director. | ||
For | 230,759,288 | |
Against | 1,923,375 | |
Discretion | 640,408 | |
Withheld | 270,720 |
|
Resolution 8: To re-elect Mr D J Dupont as a Director. | ||
For | 231,262,427 | |
Against | 1,570,983 | |
Discretion | 638,205 | |
Withheld | 122,176 | |
Resolution 9: To re-elect Mr C Loughlin as a Director. | ||
For | 231,324,046 | |
Against | 1,358,726 | |
Discretion | 640,230 | |
Withheld | 270,789 | |
Resolution 10: To elect Ms G A Rider as a Director. | ||
For | 227,881,676 | |
Against | 4,913,238 | |
Discretion | 671,344 | |
Withheld | 127,532 | |
Resolution 11: To reappoint PricewaterhouseCoopers LLP as auditors of the Company. | ||
For | 197,747,463 | |
Against | 30,793,311 | |
Discretion | 647,194 | |
Withheld | 4,405,822 | |
Resolution 12: To authorise the Directors to fix the remuneration of the Auditors. | ||
For | 118,320,504 | |
Against | 92,693,978 | |
Discretion | 655,655 | |
Withheld | 21,923,653 | |
Resolution 13: To authorise the Company and its subsidiaries to make political donations (precautionary authority). | ||
For | 230,756,581 | |
Against | 1,831,337 | |
Discretion | 628,878 | |
Withheld | 376,995 | |
Resolution 14: To grant to Directors authority to allot shares. | ||
For | 228,111,844 | |
Against | 2,665,122 | |
Discretion | 648,900 | |
Withheld | 2,167,924 | |
Resolution 15: To authorise the partial exclusion of the statutory pre-emption rights. | ||
For | 232,225,286 | |
Against | 405,052 | |
Discretion | 650,364 | |
Withheld | 313,089 | |
Resolution 16: To authorise the market purchase of the Company's shares. | ||
For | 231,840,931 | |
Against | 1,010,644 | |
Discretion | 639,138 | |
Withheld | 103,078 | |
Resolution 17: To authorise a general meeting other than an Annual General Meeting to be called on 14 days' notice. | ||
For | 223,280,797 | |
Against | 9,569,791 | |
Discretion | 652,344 | |
Withheld | 90,859 | |
Two copies of all the resolutions passed by the Company, other than resolutions concerning ordinary business, will be submitted and made available for inspection from the National Storage Mechanism at www.hemscott.com/nsm.do
2 August 2013
www.pennon-group.co.uk
End transmission
Related Shares:
Pennon