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

PennonAnnouncement

29/10/2014 09:38

RNS Number : 0922O
Pennon Group PLC
01 August 2014
Amended copy
Please note Resolution 12 has been amended to read appoint Ernst & Young LLP (rather than as previously stated "To re-appoint").
PENNON GROUP PLC
AGM STATEMENT
Summary of the Annual General Meeting held on 31 July 2014 at Exeter Golf and Country Club, Exeter, EX2 7AE
The Directors are pleased to announce that the shareholders of Pennon Group Plc at the Company's Annual General Meeting on Thursday, 31 July 2014 passed all the resolutions as set out in the Notice of Annual General Meeting dated 23 June 2014.
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 69.81%. 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 2014 the financial statements, the Directors' Report and the report of the independent auditors on the financial statements.

For
267,170,286

Against
3,573,165

Discretion
618,845

Withheld 
1,298,893




Resolution 2: To declare a final dividend in respect of the year ended 31 March 2014 of 20.92p for each ordinary share of nominal value 40.7p for payment on 3 October 2014. 


For
272,011,225

Against
20,233

Discretion
610,459

Withheld 
19,273




Resolution 3:  To approve the annual report on remuneration.


For
260,396,329

Against
11,389,176

Discretion
615,700

Withheld 
259,985




Resolution 4:  To approve the Directors' remuneration policy, as contained in the Company's Annual Report 2014.


For
263,910,515

Against
7,865,436

Discretion
620,884

Withheld 
264,354

Resolution 5:  To re-elect Mr K G Harvey as a Director.


For
250,506,425

Against
 18,304,641

Discretion
626,583

Withheld
3,223,540




Resolution 6:   To re-elect Mr M D Angle as a Director.


For
270,935,466

Against
 1,026,592

Discretion
626,368

Withheld
72,763




Resolution 7: To re-elect Mr G D Connell as a Director.

For
247,999,753

Against
19,289,856

Discretion
632,222

Withheld 
4,739,358




Resolution 8: To re-elect Mr D J Dupont as a Director.

For
269,516,714

Against
2,444,263

Discretion
633,323

Withheld
66,890

Resolution 9: To re-elect Mr C Loughlin as a Director.


For
269,573,791

Against
2,235,011

Discretion
627,241

Withheld
225,147




Resolution 10: To elect Mr I J McAulay as a Director. 


For
269,597,910

Against
2,189,746

Discretion
640,625

Withheld
232,909




Resolution 11: To elect Ms G A Rider as a Director.


For
269,919,015

Against
711,209

Discretion
635,811

Withheld
1,395,154




Resolution 12: To appoint Ernst & Young LLP as auditors of the Company.


For
261,678,704

Against
7,286,523

Discretion
634,042

Withheld
3,061,921




Resolution 13: To authorise the Directors to fix the remuneration of the Auditors.


For
238,106,477

Against
30,461,335

Discretion
637,397

Withheld
3,455,981




Resolution 14: To authorise the Company and its subsidiaries to make political donations (precautionary authority).


For
269,627,922

Against
2,205,240

Discretion
610,825

Withheld
217,203




Resolution 15:  To grant to Directors authority to allot shares.


For
267,748,472

Against
3,146,737

Discretion
627,995

Withheld
1,136,285




Resolution 16:  To approve the updated rules of the Pennon Group Sharesave Scheme.


For
270,503,082

Against
1,311,453

Discretion
633,069

Withheld
213,586




Resolution 17:  To approve the updated rules of the Pennon Group All Employee Share Ownership Plan.


For
271,663,014

Against
121,491

Discretion
767,358

Withheld
109,327




Resolution 18:  To authorise the partial exclusion of the statutory pre-emption rights.


For
271,359,361

Against
245,656

Discretion
771,790

Withheld
284,383




Resolution 19: To authorise the market purchase of the Company's own shares.


For
270,956,035

Against
898,417

Discretion
760,364

Withheld 
46,374




Resolution 20: To authorise the Directors to offer a scrip dividend alternative.


For
271,794,976

Against
64,925

Discretion
759,444

Withheld 
41,845




Resolution 21: To authorise a general meeting other than an Annual General Meeting to be called on 14 clear days' notice.


For
259,637,814

Against
12,216,412

Discretion
768,580

Withheld 
38,384

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
1 August 2014
www.pennon-group.co.uk
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