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Pennon Group PLC (PNN)

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Friday 31 July, 2009

Pennon Group PLC

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: 0207 066 1000




 

31 July 2009 



www.pennon-group.co.uk 



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