Result of AGM

RNS Number : 3718A

Northumbrian Water Group PLC

31 July 2008

 



31 July 2008

NORTHUMBRIAN WATER GROUP PLC

(the "Company")

Annual General Meeting ("AGM")

31 July 2008

The Company's AGM was held earlier today and was attended by 20 shareholders. Each of the resolutions set out in the Notice of Meeting was passed on a show of hands. A summary of the proxy votes registered prior to the AGM is outlined below and will shortly be available on the Company's website at http://www.nwg.co.uk/AGM.aspx 

The total issued share capital of the Company at today's date is 518,623,845 ordinary shares and the total number of shares eligible to vote at the AGM was 518,184,400. 

Resolution	Shares For	Shares Discretionary	Shares Against	Shares Marked As Votes Withheld / Abstentions	Poll Yes/No
1 To receive and adopt the audited financial statements and the reports of the Directors and the Auditors for the year ended 31 March 2008	340,270,583	540,315	4,844	895,731	No
2 To approve the Directors' remuneration report	340,793,714	541,916	203,682	172,161	No
3 To declare a final dividend of 8.07 pence per ordinary 10 pence share	341,156,558	536,915	1,500	16,500	No
4 To re-appoint Sir Patrick Brown as director	340,569,718	550,421	525,622	65,712	No
5 To re-appoint Martin Nègre as a director	339,759,260	551,190	1,333,378	67,644	No
6 To re-appoint Ernst & Young LLP as auditors	340,884,622	558,989	162,965	104,897	No
7 To authorise the directors to determine the auditors' remuneration	340,957,897	558,934	154,342	40,300	No
8 To authorise political donations	339,826,965	573,760	1,170,418	140,330	No
9 To adopt new Articles of Association	340,483,732	576,400	535,236	116,105	No

In accordance with Listing Rule 9.6.18, two copies of shareholder resolutions passed at the AGM concerning items of special business, the full text of which is provided below, have been sent to the UKLA's Document Viewing Facility and will shortly be available for inspection.

ORDINARY RESOLUTION

Resolution 8

IT WAS RESOLVED THAT in accordance with s366 of the Companies Act 2006, the Company and its wholly-owned subsidiary Northumbrian Water Limited ("NWL") be and are hereby authorised to make:

(a)    donations to political parties not exceeding £25,000;

and

(b)    donations to political organisations other than political parties not exceeding £25,000

in each case during the period beginning with the date of the passing of this resolution and ending at the conclusion of the next annual general meeting of the Company or on 30 September 2009 (whichever is the sooner). In any event, the aggregate amount of political donations made or incurred by the Company and NWL pursuant to this resolution shall not exceed £50,000. 

SPECIAL RESOLUTION

Resolution 9

IT WAS RESOLVED THAT the Articles of Association produced to the Meeting and initialled by the Chairman of the Meeting for the purposes of identification be adopted as the Articles of Association of the Company in substitution for, and to the exclusion of, the existing Articles of Association, with effect from the conclusion of the meeting.

Further Enquiries: 

Martin Parker

Company Secretary

0191 301 6701

 

END

 

 

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