AGM Statement

RNS Number : 6624W

Pennon Group PLC

31 July 2009

 

PENNON GROUP PLC 

AGM STATEMENT

Summary of the Annual General Meeting held on 30 July 2009 at Sandy Park Conference Centre, Sandy Park, Exeter, Devon

The Directors are pleased to announce that the shareholders of Pennon Group Plc at the Company's Annual General Meeting on Thursday, 30 July 2009 passed all the resolutions set out in the Notice of Annual General Meeting dated 25 June 2009.

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 67.01%. Votes withheld are not votes in law and have not been counted in the calculation of the votes. 

	Number of Votes	% of Vote
Resolution 1:  To receive and adopt for the year ended 31 March 2009 the financial statements, the Directors' Report and the report of the independent auditors on the financial statements.
For	233,503,962	99.59
Against	198,421	0.08
Discretion	758,942	0.33
Withheld	544,254	0.16
Resolution 2:  To declare a final dividend in respect of the year ended 31 March 2009 of 14.25p for each ordinary share of nominal value 40.7p.
For	234,176,376	99.69
Against	15,503	0.01
Discretion	712,579	0.30
Withheld	101,121	0.03
Resolution 3:  To approve the Directors' remuneration report for the year ended 31 March 2009.
For	230,768,758	98.32
Against	3,204,581	1.37
Discretion	734,799	0.31
Withheld	297,441	0.09
Resolution 4:  To elect Martin Angle as a                           Director.
For	233,031,518	99.30
Against	854,105	0.36
Discretion	797,688	0.34
Withheld	322,268	0.09
Resolution 5:  To re-elect Ken Harvey as a Director.
For	232,357,312	99.18
Against	1,156,224	0.49
Discretion	767,635	0.33
Withheld	724,408	0.21
Resolution 6:  To re-elect Colin Drummond as a Director.
For	232,344,727	99.16
Against	1,199,903	0.51
Discretion	763,718	0.33
Withheld	697,231	0.20
Resolution 7:  To re-elect Dinah Nichols as a Director.
For	232,678,203	99.12
Against	1,289,082	0.55
Discretion	774,178	0.33
Withheld	264,116	0.08
Resolution 8:  To re-appoint PricewaterhouseCoopers LLP as auditors of the Company.
For	228,258,317	97.37
Against	5,395,320	2.30
Discretion	758,880	0.33
Withheld	593,061	0.17
Resolution 9:  To authorise the directors to fix the remuneration of the Auditors.
For	229,143,525	98.16
Against	3,478,979	1.49
Discretion	813,198	0.35
Withheld	1,569,877	0.45
Resolution 10:To authorise Pennon Group Plc and its subsidiaries to make EU political donations (precautionary authority).
For	229,501,597	98.05
Against	3,792,752	1.62
Discretion	770,511	0.33
Withheld	940,718	0.27
Resolution 11:To renew the Pennon Group Sharesave Scheme.
For	233,382,683	99.40
Against	604,967	0.26
Discretion	806,234	0.34
Withheld	211,695	0.06
Resolution 12:To renew authority to the Directors to allot Shares.
For	232,724,505	99.31
Against	810,310	0.34
Discretion	814,994	0.35
Withheld	655,770	0.19
Resolution 13:To authorise the partial exclusion of the statutory pre-emption rights.
For	232,909,105	99.47
Against	361,344	0.15
Discretion	871,481	0.38
Withheld	863,649	0.25
Resolution 14:To authorise the purchase of the Company's shares.
For	232,813,295	99.34
Against	749,497	0.32
Discretion	805,158	0.34
Withheld	637,629	0.18
Resolution 15:To authorise the Directors to offer a Scrip dividend alternative.
For	233,528,845	99.61
Against	122,499	0.05
Discretion	781,392	0.34
Withheld	572,843	0.16
Resolution 16: To authorise a general meeting other than an Annual General Meeting to be called on 14 days' notice.
For	231,195,164	98.65
Against	2,330,158	0.99
Discretion	832,572	0.36
Withheld	647,685	0.19

Two copies of all the resolutions passed by the Company, other than resolutions concerning ordinary business, have been submitted to the UK Listing Authority, and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority

25 The North Colonnade
Canary Wharf
LONDON

E14 5HS

Tel: [phone]

31 July 2009 

www.pennon-group.co.uk 

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