Pennon Group PLC

Declaration of Voting Results & Voting Rights Announcements • Jul 31, 2020

National Storage Mechanism | Additional information

RNS Number : 8087U

Pennon Group PLC

31 July 2020

PENNON GROUP PLC

Results of the Annual General Meeting held on 31 July 2020 at Peninsula House, Rydon Lane, Exeter EX2 7HR

The Directors are pleased to announce that the shareholders of Pennon Group plc at the Company's Annual General Meeting on Friday 31 July 2020 passed all the resolutions as set out in the Notice of Annual General Meeting dated 8 July 2020. Voting on all resolutions was conducted by way of a poll.

In total, 71% of the issued share capital was voted, excluding shares held in treasury.

A copy of each of 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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism 

A copy of this announcement has been posted on the Company's website at www.pennon-group.co.uk/investor-information/shareholder-services

RESOLUTION	VOTES FOR	% FOR	VOTES AGAINST	% AGAINST	% OF ISSUED SHARE CAPITAL VOTED	VOTES WITHHELD
1.   To receive and adopt for the annual reports and accounts for the year ended 31 March 2020.	297,859,462	99.98	46,125	0.02	70.69%	1,342,206
2.   To declare a final dividend in respect of the year ended 31 March 2020 of 30.11p for each ordinary share for payment on 2 September 2020.	291,376,981	97.37	7,867,771	2.63	71.00%	3,042
3.   To approve the Directors' remuneration report.	288,777,693	96.85	9,401,061	3.15	70.75%	1,069,039
4.   To approve the Directors' remuneration policy.	273,446,928	91.50	25,393,521	8.50	70.91%	407,344
5.   To re-elect Gill Rider as a Director.	299,194,338	99.99	39,386	0.01	71.00%	14,070
6.   To re-elect Neil Cooper as a Director.	298,089,205	99.62	1,143,035	0.38	71.00%	15,554
7.   To elect Paul Boote as a Director.	298,566,874	99.78	665,416	0.22	71.00%	15,504
8.   To elect Jon Butterworth as a Director.	298,125,247	99.98	54,648	0.02	70.75%	1,067,898
9.   To re-elect Susan Davy as a Director.	298,164,810	99.99	17,295	0.01	70.75%	1,065,689
10.  To re-elect Iain Evans as a Director.	298,150,935	99.99	28,127	0.01	70.75%	1,068,732
11.  To elect Claire Ighodaro as a Director.	298,897,358	99.89	335,856	0.11	71.00%	14,580
12.  To re-appoint Ernst & Young LLP as auditor of the Company.	296,613,972	99.47	1,571,034	0.53	70.75%	1,062,788
13.  To authorise the Audit Committee to determine the remuneration of the auditor on behalf of the Board.	297,587,686	99.45	1,642,903	0.55	71.00%	17,205
14.  To authorise the Company and its subsidiaries to make political donations up to a specified limit.	290,962,478	97.24	8,271,637	2.76	71.00%	13,679
15.  To grant the Directors authority to allot shares.	290,129,081	96.96	9,106,923	3.04	71.00%	11,790
16.  To authorise the partial exclusion of pre-emption rights.	298,684,431	99.98	72,599	0.02	70.89%	490,764
17.  To authorise the partial exclusion of pre-emption rights in connection with an acquisition or specified capital investment.	297,570,396	99.60	1,182,133	0.40	70.89%	495,264
18.  To authorise the market purchase of the Company's shares.	290,207,455	97.03	8,891,825	2.97	70.97%	148,513
19.  To authorise a general meeting other than an AGM to be called on 14 clear days' notice.	283,791,500	94.84	15,450,409	5.16	71.00%	5,885
20.  To authorise the Directors to resolve to pay a dividend on the WaterShare+ Share.	291,151,815	97.35	7,924,875	2.65	70.96%	171,104

Notes

i)      The total votes cast in favour of each resolution includes those giving the Chairman discretion.

ii)     The percentage is rounded to two decimal places.

iii)    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.

iv)    Resolutions 16 to 20 are special resolutions.

v)     The total number of ordinary shares of 40.7p each in issue at the meeting date, excluding shares held in treasury, was 421,434,437.

31 July 2020

www.pennon-group.co.uk

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