Publication of AGM Results
26 July 2021
National Grid plc ('National Grid' or 'the Company')
Publication of AGM Results
The Company announces that the following resolutions were duly passed at the Company's 2021 Annual General Meeting ('AGM') which was held today at 11.30am at Royal Lancaster London, Lancaster Terrace, London W2 2TY.
Resolutions 1 to 20 were passed as ordinary resolutions; resolutions 21 to 25 were passed as special resolutions. The results of the poll for each resolution are as follows:
|
Resolution |
Votes For |
For (% of shares voted) |
Votes against |
Against (% of shares voted) |
Votes Withheld** |
|
|
1
|
To receive the Annual Report and Accounts |
2,364,198,006 |
99.72 |
6,646,121 |
0.28 |
1,951,721 |
|
2
|
To declare a final dividend |
2,360,172,238 |
99.50 |
11,795,988 |
0.50 |
830,942 |
|
3
|
To elect Paula Rosput Reynolds |
2,343,746,412 |
98.96 |
24,518,601 |
1.04 |
4,528,486 |
|
4
|
To re-elect John Pettigrew |
2,362,459,770 |
99.74 |
6,166,422 |
0.26 |
4,169,927 |
|
5
|
To re-elect Andy Agg |
2,360,984,633 |
99.70 |
7,193,895 |
0.30 |
4,618,284 |
|
6
|
To re-elect Mark Williamson |
2,360,189,055 |
99.66 |
7,971,091 |
0.34 |
4,633,836 |
|
7
|
To re-elect Jonathan Dawson |
2,359,457,477 |
99.63 |
8,645,891 |
0.37 |
4,689,921 |
|
8
|
To re-elect Therese Esperdy |
2,362,060,954 |
99.74 |
6,070,151 |
0.26 |
4,662,184 |
|
9
|
To re-elect Liz Hewitt |
2,361,278,865 |
99.71 |
6,932,778 |
0.29 |
4,582,339 |
|
10
|
To re-elect Amanda Mesler |
2,361,400,360 |
99.71 |
6,816,720 |
0.29 |
4,576,902 |
|
11
|
To re-elect Earl Shipp |
2,361,063,797 |
99.70 |
7,023,843 |
0.30 |
4,705,649 |
|
12
|
To re-elect Jonathan Silver |
2,360,233,170 |
99.67 |
7,916,531 |
0.33 |
4,643,527 |
|
13
|
To re-appoint the auditors Deloitte LLP |
2,366,892,281 |
99.86 |
3,331,151 |
0.14 |
2,565,797 |
|
14
|
To authorise the Audit Committee to set the auditors' remuneration |
2,365,381,281 |
99.76 |
5,677,227 |
0.24 |
1,735,012 |
|
15
|
To approve the Directors' Remuneration Report |
2,282,856,361 |
96.79 |
75,653,431 |
3.21 |
14,283,931 |
|
16
|
To authorise the Company to make political donations |
2,314,305,362 |
98.06 |
45,675,733 |
1.94 |
12,815,469 |
|
17
|
To authorise the Directors to allot Ordinary Shares |
2,314,230,626 |
97.72 |
54,111,752 |
2.28 |
4,449,877 |
|
18
|
To reapprove the National Grid plc Long Term Performance Plan |
2,331,964,412 |
98.57 |
33,749,984 |
1.43 |
7,078,509 |
|
19
|
To reapprove the National Grid plc US Employee Stock Purchase Plan |
2,361,350,064 |
99.69 |
7,306,394 |
0.31 |
4,134,440 |
|
20
|
To approve the Company's climate change related net zero commitments and associated targets |
2,228,410,181 |
99.00 |
22,529,078 |
1.00 |
121,854,197 |
|
21*
|
To disapply pre-emption rights |
2,334,513,539 |
98.62 |
32,606,409 |
1.38 |
5,673,650 |
|
22*
|
To disapply pre-emption rights for acquisitions |
2,305,137,305 |
97.33 |
63,312,740 |
2.67 |
4,343,553 |
|
23*
|
To authorise the Company to purchase its own Ordinary Shares |
2,327,650,760 |
98.91 |
25,752,334 |
1.09 |
19,390,828 |
|
24*
|
To authorise the Directors to hold general meetings on 14 clear days' notice |
2,126,607,556 |
89.69 |
244,436,900 |
10.31 |
1,749,436 |
|
25* |
To adopt the New Articles of Association |
2,363,647,908 |
99.77 |
5,435,967 |
0.23 |
3,707,537 |
* Special resolution
** A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.
As required by the Listing Rules of the Financial Conduct Authority, copies of AGM resolutions numbered 17 and 21-25 have been submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available to the public for inspection at https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism
The complete poll results and details of proxy votes lodged before the meeting will be available shortly on the Company's website https://www.nationalgrid.com/investors/shareholder-information/agm
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