Result of AGM

RNS Number : 8632F
Severn Trent PLC
17 July 2019
 

 

LEI: 213800RPBXRETY4A4C59

Severn Trent Plc

(the "Company")

Results of the Annual General Meeting held on 17 July 2019

at the Ricoh Arena, Phoenix Way, Coventry CV6 6GE

 

 

The Directors are pleased to announce that the shareholders of Severn Trent Plc passed all the resolutions that were proposed at this year's Annual General Meeting, as set out in the Notice of Annual General Meeting dated 20 May 2019.

 

All of the Resolutions were passed at the Meeting on a poll.  The total number of votes received for each resolution is set out below in Appendix A.

 

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

 

The Meeting was attended by 72 shareholders.

 

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 http://www.morningstar.co.uk/uk/.

 

In total, 74.91% 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

Appendix A

 

 

 

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 2019

178,122,197

99.98

32,997

0.02

178,155,194

74.90%

125,014

2

Approve the Directors' Remuneration Report

176,315,760

99.32

1,203,205

0.68

177,518,965

74.63%

762,069

3

Approve changes to the Severn Trent Plc Long Term Incentive Plan 2014

176,682,196

99.24

1,348,533

0.76

178,030,729

74.84%

251,525

4

Approve the extension of the Severn Trent Sharesave Scheme by an additional period of ten years

177,608,656

99.68

568,594

0.32

178,177,250

74.91%

103,975

5

Declare a final ordinary dividend in respect of the year ended 31 March 2019

178,141,487

99.95

86,975

0.05

178,228,462

74.93%

53,353

6

Reappoint Kevin Beeston

177,258,007

99.50

888,197

0.50

178,146,204

74.89%

133,432

7

Reappoint James Bowling

177,309,395

99.53

836,317

0.47

178,145,712

74.89%

137,056

8

Reappoint John Coghlan

177,207,815

99.47

940,189

0.53

178,148,004

74.89%

134,416

9

Reappoint Andrew Duff

175,430,673

98.47

2,725,688

1.53

178,156,361

74.90%

125,120

10

Reappoint Olivia Garfield

177,678,524

99.73

486,117

0.27

178,164,641

74.90%

116,725

11

Reappoint Dominique Reiniche

177,555,550

99.66

598,282

0.34

178,153,832

74.90%

128,322

12

Reappoint Philip Remnant CBE

176,774,800

99.23

1,373,581

0.77

178,148,381

74.89%

134,106

13

Reappoint Dame Angela Strank

177,561,876

99.67

588,779

0.33

178,150,655

74.90%

130,517

14

Reappoint Deloitte LLP as Auditor of the Company

177,046,184

99.36

1,146,470

0.64

178,192,654

74.91%

89,869

15

Authorise the Audit Committee to determine the remuneration of the Auditor

178,042,971

99.92

151,047

0.08

178,194,018

74.91%

87,861

16

Authorise the Company and all companies which are subsidiaries of the Company to make political donations not exceeding £50,000 in total

164,625,111

99.29

1,179,096

0.71

165,804,207

69.70%

12,478,143

17

Renew the Company's authority to allot shares

175,666,553

98.59

2,510,266

1.41

178,176,819

74.91%

105,499

18

Disapply pre-emption rights on up to five per cent of the issued share capital

177,915,636

99.89

202,553

0.11

178,118,189

74.88%

164,298

19

Disapply pre-emption rights on up to an additional five per cent of the issued share capital in connection with an acquisition or specified capital investment

176,056,725

98.84

2,065,699

1.16

178,122,424

74.88%

159,645

20

Authorise the Company to make market purchases of its Ordinary Shares

177,326,544

99.54

820,982

0.46

178,147,526

74.89%

134,512

21

Authorise general meetings of the Company, other than Annual General Meetings, to be called on not less than 14 clear days' notice

169,628,639

95.59

7,832,351

4.41

177,460,990

74.61%

821,206

 

Notes

1. Any proxy appointments which gave discretion to the Chairman 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 15 July 2019: 237,866,618 shares.


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