Pennon Group PLC

AGM Information • Aug 1, 2014

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RNS Number : 0922O

Pennon Group PLC

01 August 2014

Amended copy

Please note Resolution 12 has been amended to read appoint Ernst & Young LLP (rather than as previously stated "To re-appoint").

PENNON GROUP PLC

AGM STATEMENT

Summary of the Annual General Meeting held on 31 July 2014 at Exeter Golf and Country Club, Exeter, EX2 7AE

The Directors are pleased to announce that the shareholders of Pennon Group Plc at the Company's Annual General Meeting on Thursday, 31 July 2014 passed all the resolutions as set out in the Notice of Annual General Meeting dated 23 June 2014.

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 69.81%. 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 2014 the financial statements, the Directors' Report and the report of the independent auditors on the financial statements.
For	267,170,286
Against	3,573,165
Discretion	618,845
Withheld	1,298,893
Resolution 2: To declare a final dividend in respect of the year ended 31 March 2014 of 20.92p for each ordinary share of nominal value 40.7p for payment on 3 October 2014.
For	272,011,225
Against	20,233
Discretion	610,459
Withheld	19,273
Resolution 3:             To approve the annual report on remuneration.
For	260,396,329
Against	11,389,176
Discretion	615,700
Withheld	259,985
Resolution 4:             To approve the Directors' remuneration policy, as contained in the Company's Annual Report 2014.
For	263,910,515
Against	7,865,436
Discretion	620,884
Withheld	264,354
Resolution 5:             To re-elect Mr K G Harvey as a Director.
For	250,506,425
Against	18,304,641
Discretion	626,583
Withheld	3,223,540
Resolution 6:                         To re-elect Mr M D Angle as a Director.
For	270,935,466
Against	1,026,592
Discretion	626,368
Withheld	72,763
Resolution 7: To re-elect Mr G D Connell as a Director.
For	247,999,753
Against	19,289,856
Discretion	632,222
Withheld	4,739,358
Resolution 8: To re-elect Mr D J Dupont as a Director.
For	269,516,714
Against	2,444,263
Discretion	633,323
Withheld	66,890
Resolution 9: To re-elect Mr C Loughlin as a Director.
For	269,573,791
Against	2,235,011
Discretion	627,241
Withheld	225,147
Resolution 10: To elect Mr I J McAulay as a Director.
For	269,597,910
Against	2,189,746
Discretion	640,625
Withheld	232,909
Resolution 11: To elect Ms G A Rider as a Director.
For	269,919,015
Against	711,209
Discretion	635,811
Withheld	1,395,154
Resolution 12: To appoint Ernst & Young LLP as auditors of the Company.
For	261,678,704
Against	7,286,523
Discretion	634,042
Withheld	3,061,921
Resolution 13: To authorise the Directors to fix the remuneration of the Auditors.
For	238,106,477
Against	30,461,335
Discretion	637,397
Withheld	3,455,981
Resolution 14: To authorise the Company and its subsidiaries to make political donations (precautionary authority).
For	269,627,922
Against	2,205,240
Discretion	610,825
Withheld	217,203
Resolution 15:           To grant to Directors authority to allot shares.
For	267,748,472
Against	3,146,737
Discretion	627,995
Withheld	1,136,285
Resolution 16:           To approve the updated rules of the Pennon Group Sharesave Scheme.
For	270,503,082
Against	1,311,453
Discretion	633,069
Withheld	213,586
Resolution 17:           To approve the updated rules of the Pennon Group All Employee Share Ownership Plan.
For	271,663,014
Against	121,491
Discretion	767,358
Withheld	109,327
Resolution 18:           To authorise the partial exclusion of the                           statutory pre-emption rights.
For	271,359,361
Against	245,656
Discretion	771,790
Withheld	284,383
Resolution 19:  To authorise the market purchase of the Company's own shares.
For	270,956,035
Against	898,417
Discretion	760,364
Withheld	46,374
Resolution 20: To authorise the Directors to offer a scrip dividend alternative.
For	271,794,976
Against	64,925
Discretion	759,444
Withheld	41,845
Resolution 21: To authorise a general meeting other than an Annual General Meeting to be called on 14 clear days' notice.
For	259,637,814
Against	12,216,412
Discretion	768,580
Withheld	38,384

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

1 August 2014

www.pennon-group.co.uk

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