Result of AGM
Pennon Group PLC
27 July 2007
PENNON GROUP PLC
AGM STATEMENT
Summary of the Annual General Meeting held on 26 July 2007 at the Plymouth
Pavilions, Millbay Road, Plymouth, 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 2007 passed all the
resolutions set out in the Notice of Annual General Meeting dated 22 June 2007.
The following table summarises the proxy votes received from shareholders prior
to the meeting. In total 61.16% of the issued share capital was voted. Votes
withheld are not votes in law and have not been counted in the calculation of
the votes.
Number of Votes % of Vote
Resolution 1: To receive and adopt for the year ended
31 March 2007 the financial statements, the
Directors' Report and the report of the independent auditors on the
financial statements
For 215,434,814 99.45
Against 255,443 0.12
Discretion 885,514 0.41
Withheld 33,501 0.02
Resolution 2: To declare a final dividend in respect of the year
ended 31 March 2007 of 12.7p for each ordinary share of nominal value
40.7p
For 215,708,337 99.58
Against 10,317 0.00
Discretion 884,293 0.42
Withheld 6,325 0.00
Resolution 3: To approve the Directors' remuneration report for the
year ended 31 March 2007
For 213,338,918 98.49
Against 845,561 0.39
Discretion 910,906 0.42
Withheld 1,513,887 0.70
Resolution 4: To elect Chris Loughlin as a Director
For 213,007,457 98.34
Against 2,419,287 1.12
Discretion 938,047 0.43
Withheld 244,481 0.11
Resolution 5: To re-elect Ken Harvey as a Director
For 212,717,474 98.20
Against 2,691,648 1.25
Discretion 938,165 0.43
Withheld 261,985 0.12
Resolution 6: To re-elect Gerard Connell as a Director
For 214,059,177 98.81
Against 1,355,622 0.63
Discretion 943,768 0.44
Withheld 250,705 0.12
Resolution 7: To re-appoint PricewaterhouseCoopers LLP as auditors of
the Company
For 212,940,892 98.30
Against 2,705,722 1.25
Discretion 900,161 0.42
Withheld 62,497 0.03
Resolution 8: To authorise Directors to fix the remuneration of the
auditors
For 214,408,402 98.98
Against 1,238,690 0.58
Discretion 910,704 0.42
Withheld 51,476 0.02
Resolution 9: To approve the Group Performance and Co-Investment Plan
For 213,460,842 98.55
Against 799,329 0.37
Discretion 935,689 0.43
Withheld 1,413,412 0.65
Resolution 10: To approve amendments to the Articles of Association
For 215,056,695 99.28
Against 208,572 0.10
Discretion 1,079,712 0.50
Withheld 264,293 0.12
Resolution 11: To grant the Directors the authority to allot shares
For 214,068,385 98.83
Against 1,412,347 0.65
Discretion 1,060,755 0.49
Withheld 67,785 0.03
Resolution 12: To authorise the partial exclusion of the statutory
pre-emption rights
For 215,007,960 99.25
Against 321,693 0.15
Discretion 1,095,134 0.51
Withheld 184,485 0.09
Resolution 13: To authorise the Company to purchase its own shares
For 214,945,177 99.23
Against 557,419 0.26
Discretion 1,048,387 0.48
Withheld 58,289 0.03
Resolution 14: To authorise Pennon Group Plc to make EU political
donations (precautionary authority)
For 195,724,709 90.35
Against 2,394,556 1.11
Discretion 1,019,284 0.47
Withheld 17,470,723 8.07
Resolution 15: To authorise South West Water Limited to make EU
political donations (precautionary authority)
For 195,630,492 90.31
Against 2,495,884 1.16
Discretion 1,018,791 0.47
Withheld 17,464,105 8.06
Resolution 16: To authorise Viridor Waste Management Limited to make
EU political donations (precautionary authority)
For 195,636,861 90.32
Against 2,479,928 1.14
Discretion 1,031,239 0.48
Withheld 17,461,244 8.06
Two copies of all the resolutions passed by the Company, other than resolutions
concerning ordinary business, have been submitted to the UK Listing Authority,
and will shortly be available for inspection at the UK Listing Authority's
Document Viewing Facility, which is situated at:
Financial Services Authority
25 The North Colonnade
Canary Wharf
LONDON
E14 5HS
Tel: 0207 066 1000
27 July 2007
www.pennon-group.co.uk
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