REG - Pennon Group PLC - Result of AGM

PennonAnnouncement

20/07/2023 14:45

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RNS Number : 7019G  Pennon Group PLC  20 July 2023

Pennon Group plc

 

Result of the Annual General Meeting held on 20 July 2023 at The Courtyard,
Sandy Park, Sandy Park Way, Exeter, EX2 7NN at 11:00am

 

The Directors are pleased to announce that the shareholders of Pennon Group
plc passed all the Resolutions which were set out in the Notice of Annual
General Meeting dated 19 June 2023.

 

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  196,723,264  99.99  20,134      0.01      196,743,398  75.29%                 152,747
       March 2023

 2.    To declare a final dividend in respect of the year ended 31 March 2023          196,637,643  99.87  253,338     0.13      196,890,981  75.35%                 5,164

 3.    To approve the Directors' remuneration report                                   181,593,096  98.51  2,752,131   1.49      184,345,227  70.54%                 12,550,917

 4.    To approve the Directors' remuneration policy                                   184,315,576  93.63  12,532,068  6.37      196,847,644  75.33%                 48,501
 5.    To elect Dorothy Burwell as a Director                                          196,790,370  99.96  72,829      0.04      196,863,199  75.34%                 32,946
 6.    To elect Loraine Woodhouse as a Director                                        196,792,499  99.97  66,724      0.03      196,859,223  75.33%                 36,922
 7.    To re-elect Gill Rider as a Director                                            195,068,588  99.09  1,800,797   0.91      196,869,385  75.34%                 26,760

 8.    To re-elect Susan Davy as a Director                                            196,483,322  99.81  376,567     0.19      196,859,889  75.33%                 36,256

 9.    To re-elect Paul Boote as a Director                                            196,709,030  99.92  160,801     0.08      196,869,831  75.34%                 26,314

 10.   To re-elect Jon Butterworth as a Director                                       196,317,755  99.72  541,416     0.28      196,859,171  75.33%                 36,974

 11..  To re-elect Neil Cooper as a Director                                           196,312,853  99.72  545,415     0.28      196,858,268  75.33%                 37,877

 12.   To re-elect Iain Evans as a Director                                            177,159,867  89.99  19,704,679  10.01     196,864,546  75.34%                 31,599

 13.   To re-elect Claire Ighodaro as a Director                                       196,318,352  99.72  545,879     0.28      196,864,231  75.34%                 31,914

 14.   To re-appoint Ernst & Young LLP as auditor of the Company                       195,875,334  99.56  873,607     0.44      196,748,941  75.29%                 147,204

 15.   To authorise the Audit Committee to determine the remuneration of the auditor   196,735,361  99.93  140,130     0.07      196,875,491  75.34%                 20,654
       on behalf of the Board

 16.   To authorise the Company and its subsidiaries to make political donations up    196,270,017  99.69  605,269     0.31      196,875,286  75.34%                 20,858
       to a specified limit

 17.   To grant the Directors authority to allot shares                                193,726,817  98.40  3,149,627   1.60      196,876,444  75.34%                 19,701

 18.   To consider and approve the Company's climate-related financial disclosures     174,174,189  90.25  18,816,575  9.75      192,990,764  73.85%                 3,905,381
       (as set out on pages 74-95 of the Annual Report)

 19.   To authorise the general disapplication of pre-emption rights                   191,775,358  97.41  5,097,768   2.59      196,873,126  75.34%                 23,019

 20.   To authorise the disapplication of pre-emption rights in connection with an     176,839,622  89.82  20,035,076  10.18     196,874,698  75.34%                 21,447
       acquisition or specified capital investment

 21.   To authorise the market purchase of the Company's shares                        196,055,618  99.62  738,680     0.38      196,794,298  75.31%                 101,847

 22.   To authorise that a general meeting, other than an AGM, may be called on not    189,225,131  96.11  7,662,215   3.89      196,887,346  75.34%                 8,799
       less than 14 clear day's notice

 

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)    The total number of ordinary shares of 61.05p in issue at the
meeting date was 261,310,967 ordinary shares, excluding 5,628 ordinary shares
held in treasury. Therefore, the total number of voting rights in the Company
as at today's date is 261,310,967 shares.

 

 

20 July 2023

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

 

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