AGM Statement

RNS Number : 6972I

Pennon Group PLC

27 July 2012

 

PENNON GROUP PLC

AGM STATEMENT

Summary of the Annual General Meeting held on 26 July 2012 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, 26 July 2012 passed all the resolutions as set out in the Notice of Annual General Meeting dated 18 June 2012.

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 63.78%. 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 2012 the financial statements, the Directors' Report and the report of the independent auditors on the financial statements.
For	229,608,374
Against	2,947,134
Discretion	792,748
Withheld	66,718
Resolution 2: To declare a final dividend in respect of the year ended 31 March 2012 of 18.30p for each ordinary share of nominal value 40.7p for payment on 5 October 2012.
For	232,559,936
Against	20,136
Discretion	778,477
Withheld	56,425
Resolution 3:             To approve the Directors' remuneration report for the year ended 31 March 2012.
For	230,336,405
Against	1,840,405
Discretion	797,334
Withheld	440,830
Resolution 4:             To re-elect Mr K G Harvey as a Director.
For	229,623,356
Against	2,699,203
Discretion	813,020
Withheld	279,395
Resolution 5:                         To re-elect Mr M D Angle as a Director.
For	222,144,808
Against	10,353,799
Discretion	809,626
Withheld	106,741
Resolution 6: To re-elect Mr G D Connell as a Director.
For	222,437,472
Against	10,048,221
Discretion	814,052
Withheld	114,555
Resolution 7: To re-elect Mr C I J H Drummond as a Director.
For	231,471,266
Against	845,207
Discretion	817,171
Withheld	281,330
Resolution 8: To re-elect Mr D J Dupont as a Director.
For	230,974,505
Against	1,516,371
Discretion	819,029
Withheld	105,069
Resolution 9: To re-elect Mr C Loughlin as a Director.
For	230,999,506
Against	1,325,847
Discretion	815,645
Withheld	273,976
Resolution 10: To re-elect Ms D A Nichols as a Director.
For	215,418,246
Against	16,895,604
Discretion	849,487
Withheld	251,636
Resolution 11: To reappoint PricewaterhouseCoopers LLP as auditors of the Company.
For	212,883,473
Against	15,856,354
Discretion	822,223
Withheld	3,852,923
Resolution 12: To authorise the Directors to fix the remuneration of the Auditors.
For	157,932,107
Against	15,375,582
Discretion	844,783
Withheld	59,262,501
Resolution 13: To authorise the Company and its subsidiaries to make political donations (precautionary authority).
For	229,862,731
Against	2,493,054
Discretion	816,176
Withheld	243,013
Resolution 14:           To grant to Directors authority to allot shares.
For	224,496,459
Against	3,284,942
Discretion	837,721
Withheld	4,795,851
Resolution 15:           To authorise the partial exclusion of the                           statutory pre-emption rights.
For	231,809,339
Against	343,647
Discretion	852,435
Withheld	409,553
Resolution 16:  To authorise the market purchase of the Company's shares.
For	231,488,883
Against	983,973
Discretion	835,895
Withheld	106,233
Resolution 17: To authorise a general meeting other than an Annual General Meeting to be called on 14 days' notice.
For	225,010,991
Against	7,488,939
Discretion	837,718
Withheld	77,326

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

27 July 2012

www.pennon-group.co.uk

 

END

 

 

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