AGM Statement

RNS Number : 5076M

Severn Trent PLC

16 July 2014

 



Severn Trent Plc

(the "Company")

Results of the Annual General Meeting held on 16 July 2014

at the International Convention Centre, Broad Street, Birmingham, B1 2EA

The Directors are pleased to announce that the shareholders of Severn Trent Plc passed all the resolutions that were proposed at this year's Annual General Meeting, as set out in the Notice of Annual General Meeting dated 16 June 2014.

All of the Resolutions were passed at the Meeting on a poll.  The total number of votes received for each resolution is set out below in Appendix A.

Resolutions 1 to 21 were passed as ordinary resolutions and resolutions 22 to 24 were passed as special resolutions.

The Meeting was attended by 166 shareholders.

In accordance with Listing Rules 9.6.1 and 9.6.2, a copy of the resolutions passed at the Meeting, other than resolutions concerning ordinary business, will be submitted to the UK Listing Authority and will shortly be available for inspection at the National Storage Mechanism, located at www.hemscott.com/nsm.do.

In total, 58.63% of the issued share capital was voted and the percentages shown below are rounded to two decimal places.

www.severntrent.com

Appendix A

	RESOLUTION	VOTES FOR	% OF VOTES CAST	VOTES AGAINST	% OF VOTES CAST	VOTES CAST IN TOTAL	TOTAL VOTES CAST AS A % OF ISSUED SHARE CAPITAL	VOTES WITHHELD
1	Receive the Reports and Accounts	140,434,308	99.98	34,415	0.02	140,468,723	58.63%	131,694
2	Approve Directors' remuneration report	138,974,226	99.35	908,111	0.65	139,882,337	58.39%	719,294
3	Approve Directors' remuneration policy	136,960,503	97.66	3,276,685	2.34	140,237,188	58.54%	362,862
4	Adopt the Long Term Incentive Plan 2014	133,457,537	96.46	4,900,370	3.54	138,357,907	57.75%	2,243,043
5	Declare a final dividend	140,482,076	99.99	13,223	0.01	140,495,299	58.65%	107,624
6	Reappoint Tony Ballance	139,185,036	99.12	1,232,571	0.88	140,417,607	58.61%	181,054
7	Appoint John Coghlan	139,980,173	99.70	423,732	0.30	140,403,905	58.61%	194,680
8	Reappoint Richard Davey	139,706,494	99.50	706,327	0.50	140,412,821	58.61%	185,797
9	Reappoint Andrew Duff	138,448,791	98.60	1,971,809	1.40	140,420,600	58.61%	181,780
10	Reappoint Gordon Fryett	139,752,522	99.53	653,627	0.47	140,406,149	58.61%	195,158
11	Appoint Liv Garfield	133,262,790	94.91	7,153,729	5.09	140,416,519	58.61%	185,679
12	Reappoint Martin Kane	139,172,481	99.11	1,246,207	0.89	140,418,688	58.61%	183,038
13	Reappoint Martin Lamb	139,754,979	99.53	663,120	0.47	140,418,099	58.61%	183,446
14	Reappoint Michael McKeon	139,165,644	99.11	1,250,508	0.89	140,416,152	58.61%	184,983
15	Appoint Philip Remnant	139,929,573	99.66	475,121	0.34	140,404,694	58.61%	196,196
16	Reappoint Andy Smith	139,140,423	99.09	1,272,867	0.91	140,413,290	58.61%	187,593
17	Appoint Dr Angela Strank	139,999,993	99.70	416,233	0.30	140,416,226	58.61%	186,209
18	Reappoint auditors	135,541,011	98.56	1,978,176	1.44	137,519,187	57.40%	3,082,764
19	Authorise directors to determine auditors' remuneration	139,065,185	99.11	1,248,085	0.89	140,313,270	58.57%	289,575
20	Authorise political donations	137,747,413	98.83	1,633,790	1.17	139,381,203	58.18%	1,219,350
21	Authorise allotment of shares	137,930,831	98.48	2,126,275	1.52	140,057,106	58.46%	545,853
22	Disapply pre-emption rights	137,872,002	98.32	2,358,353	1.68	140,230,355	58.54%	372,076
23	Authorise purchase of own shares	139,846,420	99.58	591,723	0.42	140,438,143	58.62%	163,772
24	Reduce notice period for general meetings	128,064,867	91.21	12,341,308	8.79	140,406,175	58.61%	195,572

Notes

1. Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.

2. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.

3.  Issued ordinary share capital at 14 July 2014: 239,565,711 shares.

 

END

 

 

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