Pennon Group PLC

Declaration of Voting Results & Voting Rights Announcements • Jul 5, 2018

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RNS Number : 7684T

Pennon Group PLC

05 July 2018

PENNON GROUP PLC

AGM STATEMENT

Results of the Annual General Meeting held on 5 July 2018 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 Thursday 5 July 2018 passed on a show of hands all the resolutions as set out in the Notice of Annual General Meeting dated 24 May 2018.

The following table summarises the proxy voting instructions received from shareholders prior to the meeting. In total, valid proxy instructions were received in respect of 67.81% of the issued share capital, 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 www.morningstar.co.uk

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	VOTES WITHHELD
1.   To receive and adopt for the annual reports and accounts for the year ended 31 March 2018.	287,374,766	99.80%	564,935	0.2%	278,870
2.   To declare a final dividend in respect of the year ended 31 March 2018 of 26.62p for each ordinary share for payment on 4 September 2018.	284,541,249	99.97%	94,194	0.03%	3,583,128
3.   To approve the Directors' remuneration report.	285,519,192	99.78%	628,311	0.22%	2,071,068
4.   To re-elect Sir John Parker as a Director.	282,724,289	98.11%	5,450,822	1.89%	43,460
5.   To re-elect Martin Angle as a Director.	282,446,276	98.02%	5,719,342	1.98%	52,953
6.   To re-elect Neil Cooper as a Director.	283,945,073	98.53%	4,225,266	1.47%	48,232
7.   To re-elect Susan Davy as a Director.	284,084,571	98.59%	4,067,921	1.41%	66,079
8.   To re-elect Christopher Loughlin as a Director.	284,427,787	98.71%	3,721,125	1.29%	69,659
9.   To re-elect Gill Rider as a Director.	285,824,958	99.18%	2,350,374	0.82%	43,239
10.  To re-appoint Ernst & Young LLP as auditor of the Company.	283,891,595	98.53%	4,227,564	1.47%	99,412
11.  To authorise the Audit Committee to determine the remuneration of the auditor on behalf of the Board.	284,477,105	98.71%	3,713,300	1.29%	28,166
12.  To authorise the Company and its subsidiaries to make political donations up to a specified limit.	280,443,591	97.36%	7,604,848	2.64%	170,132
13.  To grant the Directors authority to allot shares.	273,048,798	94.75%	15,122,475	5.25%	47,298
14.  To authorise the partial exclusion of pre-emption rights.	287,396,626	99.76%	695,275	0.24%	126,670
15.  To authorise the partial exclusion of pre-emption rights in connection with an acquisition or specified capital investment.	275,982,521	95.78%	12,149,429	4.22%	86,621
16.  To authorise the market purchase of the Company's shares.	285,887,278	99.22%	2,240,700	0.78%	90,593
17.  To authorise a general meeting other than an AGM to be called on 14 clear days' notice.	271,708,035	94.28%	16,490,553	5.72%	19,983

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 14 to 17 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 419,739,452.

5 July 2018

www.pennon-group.co.uk

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