Summary of the Annual General Meeting held on 26 July 2012 at Sandy Park Conference Centre, Sandy Park, Exeter Devon
The Directors are pleased to announce that the shareholders of Pennon Group Plc at the Company's Annual General Meeting on Thursday, 26 July 2012 passed all the resolutions as set out in the Notice of Annual General Meeting dated 18 June 2012.
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 63.78%. Votes withheld are not votes in law and have not been counted in the calculation of the votes.
Resolution 1: To receive and adopt for the year ended 31 March 2012 the financial statements, the Directors' Report and the report of the independent auditors on the financial statements. For 229,608,374
Against 2,947,134
Discretion 792,748
Withheld 66,718
Resolution 2: To declare a final dividend in respect of the year ended 31 March 2012 of 18.3p for each ordinary share of nominal value 40.7p for payment on 5 October 2012. For 232,559,936
Against 20,136
Discretion 778,477
Withheld 56,425
Resolution 3: To approve the Directors' remuneration report for the year ended 31 March 2012. For 230,336,405
Against 1,840,405
Discretion 797,334
Withheld 440,830
Resolution 4: To re-elect Mr K G Harvey as a Director. For 229,623,356
Against 2,699,203
Discretion 813,020
Withheld 279,395
Resolution 5: To re-elect Mr M D Angle as a Director. For 222,144,808
Against 10,353,799
Discretion 809,626
Withheld 106,741
Resolution 6: To re-elect Mr G D Connell as a Director. For 222,437,472
Against 10,048,221
Discretion 814,052
Withheld 114,555
Resolution 7: To re-elect Mr C I J H Drummond as a Director. For 231,471,266
Against 845,207
Discretion 817,171
Withheld 281,330
Resolution 8: To re-elect Mr D J Dupont as a Director. For 230,974,505
Against 1,516,371
Discretion 819,029
Withheld 105,069
Resolution 9: To re-elect Mr C Loughlin as a Director. For 230,999,506
Against 1,325,847
Discretion 815,645
Withheld 273,976
Resolution 10: To re-elect Ms D A Nichols as a Director. For 215,418,246
Against 16,895,604
Discretion 849,487
Withheld 251,636
Resolution 11: To reappoint PricewaterhouseCoopers LLP as auditors of the Company. For 212,883,473
Against 15,856,354
Discretion 822,223
Withheld 3,852,923
Resolution 12: To authorise the Directors to fix the remuneration of the Auditors. For 157,932,107
Against 15,375,582
Discretion 844,783
Withheld 59,262,501
Resolution 13: To authorise the Company and its subsidiaries to make political donations (precautionary authority). For 229,862,731
Against 2,493,054
Discretion 816,176
Withheld 243,013
Resolution 14: To grant to Directors authority to allot shares. For 224,496,459
Against 3,284,942
Discretion 837,721
Withheld 4,795,851
Resolution 15: To authorise the partial exclusion of the statutory pre-emption rights. For 231,809,339
Against 343,647
Discretion 852,435
Withheld 409,553
Resolution 16: To authorise the market purchase of the Company's shares. For 231,488,883
Against 983,973
Discretion 835,895
Withheld 106,233
Resolution 17: To authorise a general meeting other than an Annual General Meeting to be called on 14 days' notice. For 225,010,991
Against 7,488,939
Discretion 837,718
Withheld 77,326
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