REG - National Grid PLC - Result of AGM

National GridAnnouncement

11/07/2022 12:45

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RNS Number : 0388S  National Grid PLC  11 July 2022

11 July 2022

 

National Grid plc ('National Grid' or 'the Company')

 

Publication of AGM Results

 

The Company announces that the following resolutions were duly passed at the
Company's 2022 Annual General Meeting ('AGM') which was held today at 10.00am
at Royal Lancaster London, Lancaster Terrace, London W2 2TY.

 

Resolutions 1 to 23 (inclusive) were passed as ordinary resolutions;
resolutions 24 to 27 (inclusive) were passed as special resolutions. The
results of the poll for each resolution are as follows:

 

 Resolution                                                                             Votes For      For (% of shares voted)  Votes against  Against (% of shares voted)  Votes Withheld**
 1       To receive the Annual Report and Accounts                                      2,414,142,271  99.94                    1,495,933      0.06                         3,449,696

 2       To declare a final dividend                                                    2,416,680,460  99.95                    1,274,921      0.05                         1,072,866

 3       To re-elect Paula Rosput Reynolds                                              2,388,882,538  98.82                    28,424,338     1.18                         1,774,780

 4       To re-elect John Pettigrew                                                     2,415,759,080  99.93                    1,768,203      0.07                         1,503,781

 5       To re-elect Andy Agg                                                           2,413,736,546  99.85                    3,591,142      0.15                         1,762,582

 6       To re-elect Thérèse Esperdy                                                    2,390,590,755  98.89                    26,881,692     1.11                         1,558,131

 7       To re-elect Liz Hewitt                                                         2,415,192,698  99.91                    2,108,038      0.09                         1,788,871

 8       To elect Ian Livingston                                                        2,338,516,365  97.67                    55,805,395     2.33                         24,706,790

 9       To elect Iain Mackay                                                           2,414,569,562  99.89                    2,668,807      0.11                         1,850,183

 10      To elect Anne Robinson                                                         2,415,625,954  99.93                    1,796,854      0.07                         1,606,052

 11      To re-elect Earl Shipp                                                         2,390,177,787  98.88                    27,117,023     1.12                         1,795,742

 12      To re-elect Jonathan Silver                                                    2,390,747,459  98.89                    26,719,585     1.11                         1,562,942

 13      To elect Tony Wood                                                             2,414,585,546  99.89                    2,644,990      0.11                         1,853,600
 14      To elect Martha Wyrsch                                                         2,415,569,678  99.92                    1,843,513      0.08                         1,609,615
 15      To re-appoint the auditors                                                     2,414,700,695  99.92                    2,036,377      0.08                         2,348,277

         Deloitte LLP
 16      To authorise the Audit & Risk Committee to set the auditor's remuneration      2,415,906,224  99.93                    1,774,132      0.07                         1,340,316

 17      To approve the Directors' Remuneration Policy                                  2,212,775,649  93.11                    163,668,095    6.89                         42,647,128

 18      To approve the Directors' Remuneration Report                                  2,282,332,960  94.52                    132,428,406    5.48                         4,257,839
 19      To approve the Climate Transition Plan                                         2,334,041,512  98.43                    37,262,877     1.57                         47,783,363
 20      To authorise the Company to make political donations                           2,371,463,445  98.43                    37,815,515     1.57                         9,275,923

 21      To authorise the Directors to allot Ordinary Shares                            2,325,763,640  96.21                    91,726,591     3.79                         1,591,011

 22      To approve the Scrip Dividend Scheme                                           2,416,384,190  99.95                    1,326,282      0.05                         1,315,976
 23      To authorise capitalising reserves for the Scrip Dividend Scheme               2,415,535,285  99.92                    1,932,655      0.08                         1,618,734
 24*     To disapply pre-emption rights                                                 2,395,299,439  99.20                    19,308,362     0.80                         4,411,318

 25*     To disapply pre-emption rights for acquisitions                                2,354,925,954  97.53                    59,729,889     2.47                         4,366,550

 26*     To authorise the Company to purchase its own Ordinary Shares                   2,393,375,063  99.08                    22,127,657     0.92                         3,467,892

 27*     To authorise the Directors to hold general meetings on 14 clear days' notice   2,231,718,442  92.31                    185,861,406    7.69                         1,443,454

 

* Special resolution

** A "Vote withheld" is not a vote in law and is not counted in the
calculation of the votes "For" or "Against" a resolution.

 

As required by the Listing Rules of the Financial Conduct Authority, copies of
AGM resolutions numbered 24-27 (inclusive) have been submitted to the
Financial Conduct Authority via the National Storage Mechanism and will
shortly be available to the public for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

The complete poll results and details of proxy votes lodged before the meeting
will be available shortly on the Company's website
https://www.nationalgrid.com/investors/shareholder-information/agm
(https://www.nationalgrid.com/investors/shareholder-information/agm)

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