REG - Pennon Group PLC - Result of AGM

PennonAnnouncement

21/07/2022 17:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220721:nRSU3598Ta&default-theme=true

RNS Number : 3598T  Pennon Group PLC  21 July 2022

Pennon Group plc

 

Result of the Annual General Meeting held on 21 July 2022 at Peninsula House,
Rydon Lane, Exeter EX2 7HR, at 9.30am

 

The Directors are pleased to announce that the shareholders of Pennon Group
plc passed all of the resolutions which were set out in the Notice of Annual
General Meeting dated 15 June 2022.

 

Voting on all resolutions was conducted by way of a poll and the below table
shows the percentage of issued share capital voted for each.

 

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 on the National Storage Mechanism
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

A copy of this announcement will be posted on the Company's website
at www.pennon-group.co.uk/investor-information/shareholder-services
(http://www.pennon-group.co.uk/investor-information/shareholder-services)

 

 

      RESOLUTION                                                                      VOTES        %       VOTES       %         VOTES        % SHARE CAPITAL VOTED  VOTES

TOTAL

                                                                                      FOR          FOR     AGAINST     AGAINST
                                   WITHHELD

 1.   To receive and adopt for the annual reports and accounts for the year ended 31  198,891,655  100.00  5,036       0.00      198,896,691  76.22%                 748,551
      March 2022

 2.   To declare a final dividend in respect of the year ended 31 March 2022          191,987,046  96.17   7,655,668   3.83      199,642,714  76.51%                 2,528

 3.   To approve the Directors' remuneration report                                   185,769,068  98.34   3,144,427   1.66      188,913,495  72.40%                 10,730,076

 4.   To re-elect Gill Rider as a Director                                            195,296,611  97.83   4,334,126   2.17      199,630,737  76.50%                 14,505

 5.   To re-elect Susan Davy as a Director                                            199,243,756  99.81   386,297     0.19      199,630,053  76.50%                 13,518

 6.   To re-elect Paul Boote as a Director                                            199,377,021  99.87   252,116     0.13      199,629,137  76.50%                 14,434

 7.   To re-elect Neil Cooper as a Director                                           196,356,255  98.36   3,272,354   1.64      199,628,609  76.50%                 14,962

 8.   To re-elect Iain Evans as a Director                                            192,944,501  96.93   6,105,877   3.07      199,050,378  76.28%                 593,193

 10.  To re-elect Jon Butterworth as a Director                                       196,564,452  98.47   3,063,996   1.53      199,628,448  76.50%                 15,123

 11.  To re-appoint Ernst & Young LLP as auditor of the Company                       198,301,748  99.33   1,328,880   0.67      199,630,628  76.50%                 12,943

 12.  To authorise the Audit Committee to determine the remuneration of the auditor   197,300,175  98.83   2,332,324   1.17      199,632,499  76.50%                 11,072
      on behalf of the Board

 13.  To authorise the Company and its subsidiaries to make political donations up    197,856,264  99.12   1,758,209   0.88      199,614,473  76.50%                 29,098
      to a specified limit

 14.  To grant the Directors authority to allot shares                                196,222,456  98.29   3,410,180   1.71      199,632,636  76.50%                 10,935

 15.  To authorise the general disapplication of pre-emption rights                   198,889,618  99.63   740,472     0.37      199,630,090  76.50%                 13,481

 16.  To authorise the disapplication of pre-emption rights in connection with an     197,758,437  99.06   1,871,489   0.94      199,629,926  76.50%                 13,645
      acquisition or specified capital investment

 17.  To authorise the market purchase of the Company's shares                        198,299,658  99.38   1,234,967   0.62      199,534,625  76.47%                 108,946

 18.  To authorise a general meeting other than an AGM to be called on 14 clear       188,563,174  94.45   11,076,797  5.55      199,639,971  76.51%                 3,600
      days' notice

 19.  To consider and approve the Company's climate-related financial disclosures     183,935,985  94.57   10,551,496  5.43      194,487,481  74.53%                 5,156,090
      (as set out on pages 106-122 of the Annual Report)
 20.  Amendments to the article 5A of the articles of association of the Company      199,608,559  99.99   14,787      0.01      199,623,346  76.50%                 20,225

 

Notes

 

i)      The total votes cast in favour of each resolution include those
giving the Chair's discretion.

 

ii)     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.

 

iii)    Resolutions 15, 16, 17, 18 and 20 are special resolutions.

 

iv)    The total number of ordinary shares of 61.05p in issue at the
meeting date, was 260,944,741 ordinary shares, including 5,628 ordinary shares
held in treasury. Therefore, the total number of voting rights in the Company
as at today's date is 260,939,113 shares.

 

21 July 2022

www.pennon-group.co.uk (http://www.pennon-group.co.uk)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGEAKXFAEAAEFA