REG - Severn Trent PLC - Result of AGM

Severn TrentAnnouncement

11/07/2024 12:00

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RNS Number : 0820W  Severn Trent PLC  11 July 2024

 

LEI: 213800RPBXRETY4A4C59

 
Severn Trent Plc
(the 'Company')
 
Results of the Annual General Meeting held on 11 July 2024

 

At the Annual General Meeting of Severn Trent Plc held on 11 July 2024 (the
'Meeting'), the Directors are pleased to announce that the shareholders of
Severn Trent Plc passed all the resolutions set out in the Notice of Meeting
which were voted by way of a poll. The total number of votes received for each
resolution is set out below.

 

Resolutions 1 to 17 were passed as ordinary resolutions and resolutions 18 to
21 were passed as special resolutions.

 

In accordance with Listing Rules 9.6.1 and 9.6.2, a copy of the resolutions
passed at the Meeting, other than resolutions concerning ordinary business,
will be submitted to the UK Listing Authority and will shortly be available
for inspection at the National Storage Mechanism, located at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

In total, 81.98% of the issued share capital, excluding shares held in
treasury, was voted and the percentages shown below are rounded to two decimal
places.

 

www.severntrent.com

     RESOLUTION                                                                      VOTES FOR    % OF VOTES CAST  VOTES AGAINST  % OF VOTES CAST  VOTES CAST IN TOTAL  TOTAL VOTES CAST AS A % OF ISSUED SHARE CAPITAL  VOTES WITHHELD
 1   Receive the Report and Accounts for the year ended 31 March 2024                245,731,763  99.99            23,423         0.01             245,755,186          81.95%                                           159,414
 2   Approve the Directors' Remuneration Report                                      234,708,290  95.48            11,098,184     4.52             245,806,474          81.97%                                           108,126
 3   Approve the Directors' Remuneration Policy                                      234,640,456  95.45            11,185,775     4.55             245,826,231          81.97%                                           88,369
 4   Approve the Severn Trent Sharesave Scheme to be extended by an additional       245,753,352  99.97            69,612         0.03             245,822,964          81.97%                                           91,636
     period of 10 years
 5   Declare a final ordinary dividend in respect of the year ended 31 March 2024    236,514,174  96.20            9,345,135      3.80             245,859,309          81.98%                                           55,291
 6   Reappoint Kevin Beeston                                                         237,856,604  96.75            7,979,083      3.25             245,835,687          81.98%                                           78,913
 7   Reappoint Tom Delay                                                             245,507,028  99.87            326,683        0.13             245,833,711          81.97%                                           80,889
 8   Reappoint Olivia Garfield                                                       245,728,042  99.96            107,449        0.04             245,835,491          81.98%                                           136,809
 9   Reappoint Christine Hodgson                                                     234,645,545  95.45            11,190,693     4.55             245,836,238          81.98%                                           78,362
 10  Reappoint Sarah Legg                                                            237,808,527  96.74            8,022,461      3.26             245,830,988          81.97%                                           83,612
 11  Reappoint Helen Miles                                                           245,596,727  99.91            231,682        0.09             245,828,409          81.97%                                           74,197
 12  Reappoint Sharmila Nebhrajani                                                   237,790,132  96.73            8,033,801      3.27             245,823,933          81.97%                                           78,683
 13  Appoint Richard Taylor                                                          245,760,460  99.97            64,519         0.03             245,824,979          81.97%                                           77,637
 14  Reappoint Deloitte LLP as Auditor of the Company                                244,025,387  99.26            1,808,345      0.74             245,833,732          81.97%                                           68,884
 15  Authorise the Audit and Risk Committee to determine the remuneration of the     244,883,298  99.61            956,078        0.39             245,839,376          81.98%                                           63,240
     Auditor
 16  Authorise the Company and all companies which are subsidiaries of the Company   209,661,862  99.74            555,691        0.26             210,217,553          70.10%                                           35,685,063
     to make political donations not exceeding £50,000 in total
 17  Authorise the Directors to allot shares                                         239,709,151  97.51            6,121,629      2.49             245,830,780          81.97%                                           71,835
 18  Disapply pre-emption rights on up to ten per cent of the issued share capital   239,083,585  97.59            5,896,082      2.41             244,979,667          81.69%                                           922,948
 19  Disapply pre-emption rights on up to an additional ten per cent of the issued   229,234,819  94.09            14,388,606     5.91             243,623,425          81.24%                                           704,190
     share capital in connection with an acquisition or specified capital
     investment
 20  Authorise the Company to make market purchases of its Ordinary Shares           245,037,792  99.72            695,358        0.28             245,733,150          81.94%                                           169,466
 21  Authorise general meetings of the Company, other than Annual General Meetings,  237,514,282  96.61            8,325,838      3.39             245,840,120          81.98%                                           62,496
     to be called on not less than 14 clear days' notice

 

 

 

Notes

 

1. Any proxy appointments which gave discretion to the Chair have been
included in the "for" total.

 

2. 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.

 

3.  Issued ordinary share capital (excluding shares held in treasury) at 11
July 2024: 299,890,389 shares.

 

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