REG - Pennon Group PLC - AGM Statement <Origin Href="QuoteRef">PNN.L</Origin>

PennonAnnouncement

01/07/2016 15:40

RNS Number : 0409D
Pennon Group PLC
01 July 2016
PENNON GROUP PLC
AGM STATEMENT
Summary of the Annual General Meeting held on 1 July 2016 at Sandy Park Conference Centre, Sandy Park Way, Exeter, EX2 7NN
The Directors are pleased to announce that the shareholders of Pennon Group Plc at the Company's Annual General Meeting on Friday, 1 July 2016 passed all the resolutions as set out in the Notice of Annual General Meeting dated 24 May 2016.
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 72.75%. Votes withheld are not votes in law and have not been counted in this calculation.

Number of Votes




Resolution 1: 
To receive and adopt the Directors' report and the financial statements for the year ended 31 March 2016, together with report of the auditor.

For
296,482,878

Against
125,005

Discretion
559,300

Withheld 
3,025,113




Resolution 2: 
To declare a final dividend in respect of the year ended 31 March 2016 of 23.12p for each ordinary share of nominal value 40.7p for payment on 2 September 2016.


For
299,617,556

Against
25,468

Discretion
545,032

Withheld 
4,240




Resolution 3:  
To approve the annual report on remuneration for the financial year 2015/16.


For
291,884,593

Against
7,525,571

Discretion
563,227

Withheld 
218,770




Resolution 4: 
To re-elect Sir John Parker as a Director.


For
294,580,126

Against
4,315,958

Discretion
552,087

Withheld
744,125




Resolution 5:
To re-elect Martin Angle as a Director.


For
295,833,219

Against
3,744,387

Discretion
554,557

Withheld
60,133







Resolution 6: 
To re-elect Neil Cooper as a Director.

For
296,293,180

Against
1,394,081

Discretion
555,888

Withheld 
1,949,147




Resolution 7: 
To re-elect Susan Davy as a Director.

For
298,722,475

Against
846,363

Discretion
556,994

Withheld 
66,464

Resolution 8: 
To re-elect Christopher Loughlin as a Director.


For
298,773,780

Against
806,860

Discretion
560,866

Withheld 
50,790




Resolution 9: 
To re-elect Ian McAulay as a Director.


For
298,322,858

Against
1,255,068

Discretion
565,085

Withheld 
49,285




Resolution 10: 
To re-elect Gill Rider as a Director.


For
298,795,280

Against
776,701

Discretion
566,893

Withheld
53,422




Resolution 11:
To re-appoint Ernst & Young LLP as auditor of the Company.


For
297,030,486

Against
2,559,589

Discretion
563,497

Withheld 
38,724




Resolution 12:  
To authorise the Audit Committee to determine the remuneration of the auditor on behalf of the Board.


For
299,452,807

Against
113,188

Discretion
568,074

Withheld 
58,227




Resolution 13:  
To authorise the Company and its subsidiaries to make political donations up to a specific limit.


For
296,105,975

Against
3,354,193

Discretion
546,019

Withheld 
186,109







Resolution 14:  
To grant the Directors authority to allot shares.


For
274,609,848

Against
24,242,847

Discretion
575,371

Withheld 
764,230




Resolution 15:
Authority to disapply pre-emption rights.


For
298,183,287

Against
793,967

Discretion
774,306

Withheld
440,736
Resolution 16:  
Authority to disapply pre-emption rights in connection with an acquisition or specified capital investment.


For
270,180,047

Against
28,811,913

Discretion
775,095

Withheld
425,241

Resolution 17:
To authorise the market purchase of the Company's own shares.


For
296,281,150

Against
3,092,523

Discretion
752,523

Withheld 
66,100




Resolution 18: 
To authorise a general meeting other than an Annual General Meeting to be called on 14 clear days' notice.

For
284,841,728

Against
14,554,336

Discretion
766,910

Withheld 
29,322

A copy of each of 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.morningstar.co.uk
1 July 2016
www.pennon-group.co.uk
End transmission

This information is provided by RNS
The company news service from the London Stock Exchange
  END
AGMEALXFEDKKEFF