Pennon Group PLC

AGM Information • Jul 1, 2016

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RNS Number : 0409D

Pennon Group PLC

01 July 2016

PENNON GROUP PLC

AGM STATEMENT

Summary of the Annual General Meeting held on 1 July 2016 at Sandy Park Conference Centre, Sandy Park Way, Exeter, EX2 7NN

The Directors are pleased to announce that the shareholders of Pennon Group Plc at the Company's Annual General Meeting on Friday, 1 July 2016 passed all the resolutions as set out in the Notice of Annual General Meeting dated 24 May 2016.

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 72.75%. Votes withheld are not votes in law and have not been counted in this calculation.

			Number of Votes
Resolution 1:	To receive and adopt the Directors' report and the financial statements for the year ended 31 March 2016, together with report of the auditor.
For			296,482,878
Against			125,005
Discretion			559,300
Withheld			3,025,113
Resolution 2:	To declare a final dividend in respect of the year ended 31 March 2016 of 23.12p for each ordinary share of nominal value 40.7p for payment on 2 September 2016.
For			299,617,556
Against			25,468
Discretion			545,032
Withheld			4,240
Resolution 3:	To approve the annual report on remuneration for the financial year 2015/16.
For			291,884,593
Against			7,525,571
Discretion			563,227
Withheld			218,770
Resolution 4:	To re-elect Sir John Parker as a Director.
For			294,580,126
Against			4,315,958
Discretion			552,087
Withheld			744,125
Resolution 5:	To re-elect Martin Angle as a Director.
For			295,833,219
Against			3,744,387
Discretion			554,557
Withheld			60,133
Resolution 6:	To re-elect Neil Cooper as a Director.
For			296,293,180
Against			1,394,081
Discretion			555,888
Withheld			1,949,147
Resolution 7:	To re-elect Susan Davy as a Director.
For			298,722,475
Against			846,363
Discretion			556,994
Withheld			66,464
Resolution 8:	To re-elect Christopher Loughlin as a Director.
For			298,773,780
Against			806,860
Discretion			560,866
Withheld			50,790
Resolution 9:	To re-elect Ian McAulay as a Director.
For			298,322,858
Against			1,255,068
Discretion			565,085
Withheld			49,285
Resolution 10:		To re-elect Gill Rider as a Director.
For			298,795,280
Against			776,701
Discretion			566,893
Withheld			53,422
Resolution 11:		To re-appoint Ernst & Young LLP as auditor of the Company.
For			297,030,486
Against			2,559,589
Discretion			563,497
Withheld			38,724
Resolution 12:		To authorise the Audit Committee to determine the remuneration of the auditor on behalf of the Board.
For			299,452,807
Against			113,188
Discretion			568,074
Withheld			58,227
Resolution 13:		To authorise the Company and its subsidiaries to make political donations up to a specific limit.
For			296,105,975
Against			3,354,193
Discretion			546,019
Withheld			186,109
Resolution 14:		To grant the Directors authority to allot shares.
For			274,609,848
Against			24,242,847
Discretion			575,371
Withheld			764,230
Resolution 15:		Authority to disapply pre-emption rights.
For			298,183,287
Against			793,967
Discretion			774,306
Withheld			440,736
Resolution 16:		Authority to disapply pre-emption rights in connection with an acquisition or specified capital investment.
For			270,180,047
Against			28,811,913
Discretion			775,095
Withheld			425,241
Resolution 17:		To authorise the market purchase of the Company's own shares.
For			296,281,150
Against			3,092,523
Discretion			752,523
Withheld			66,100
Resolution 18:		To authorise a general meeting other than an Annual General Meeting to be called on 14 clear days' notice.
For			284,841,728
Against			14,554,336
Discretion			766,910
Withheld			29,322

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 www.morningstar.co.uk

1 July 2016

www.pennon-group.co.uk

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