AGM Statement

RNS Number : 3796L

Pennon Group PLC

29 July 2011

 

PENNON GROUP PLC

AGM STATEMENT

Summary of the Annual General Meeting held on 28 July 2011 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, 28 July 2011 passed all the resolutions set out in the Notice of Annual General Meeting dated 22 June 2011.

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 65.72%.  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 2011 the financial statements, the Directors' Report and the report of the independent auditors on the financial statements.
For	237,324,439
Against	24,741
Discretion	667,989
Withheld	552,234
Resolution 2: To declare a final dividend in respect of the year ended 31 March 2011 of 17.15p for each ordinary share of nominal value 40.7p for payment on 7 October 2011.
For	237,352,606
Against	6,514
Discretion	663,246
Withheld	547,037
Resolution 3:             To approve the Directors' remuneration report for the year ended 31 March 2011.
For	236,355,981
Against	913,576
Discretion	665,830
Withheld	634,016
Resolution 4:             To re-elect Mr K G Harvey as a Director.
For	236,032,101
Against	1,242,639
Discretion	709,435
Withheld	585,228
Resolution 5:                         To re-elect Mr M D Angle as a Director.
For	236,293,848
Against	965,778
Discretion	709,349
Withheld	600,428
Resolution 6: To re-elect Mr G D Connell as a Director.
For	236,332,805
Against	929,936
Discretion	707,716
Withheld	598,946
Resolution 7: To re-elect Mr C I J H Drummond as a Director.
For	236,314,173
Against	969,573
Discretion	698,612
Withheld	587,045
Resolution 8: To re-elect Mr D J Dupont as a Director.
For	236,307,104
Against	981,856
Discretion	698,314
Withheld	582,129
Resolution 9: To re-elect Mr C Loughlin as a Director.
For	236,316,356
Against	962,766
Discretion	706,495
Withheld	583,786
Resolution 10: To re-elect Ms D A Nichols as a Director.
For	236,301,241
Against	983,870
Discretion	697,082
Withheld	587,210
Resolution 11: To reappoint PricewaterhouseCoopers LLP as auditors of the Company.
For	223,186,974
Against	7,172,485
Discretion	692,115
Withheld	7,517,828
Resolution 12: To authorise the Directors to fix the remuneration of the Auditors.
For	230,137,063
Against	4,815,507
Discretion	696,485
Withheld	2,920,348
Resolution 13: To authorise the Company and its subsidiaries to make political donations (precautionary authority).
For	235,366,762
Against	1,701,414
Discretion	712,823
Withheld	788,404
Resolution 14: To authorise the renewal of the Pennon Group All - Employee Share Ownership Plan.
For	236,547,591
Against	707,944
Discretion	707,141
Withheld	606,727
Resolution 15: To authorise the renewal of the Executive Share Option Scheme.
For	234,216,007
Against	745,136
Discretion	732,932
Withheld	2,875,228
Resolution 16:           To grant to Directors authority to allot shares.
For	233,553,687
Against	1,749,185
Discretion	701,242
Withheld	2,565,289
Resolution 17:           To authorise the partial exclusion of the                           statutory pre-emption rights.
For	236,862,759
Against	302,579
Discretion	727,879
Withheld	676,186
Resolution 18:  To authorise the market purchase of the Company's shares.
For	236,730,420
Against	559,963
Discretion	693,273
Withheld	585,747
Resolution 19: To authorise a general meeting other than an Annual General Meeting to be called on 14 days' notice.
For	232,043,664
Against	5,236,354
Discretion	707,731
Withheld	581,654

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

29 July 2011

www.pennon-group.co.uk

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