Last checked at 19 May 2017 12:30
Friday 19 May 2017
National Grid plc ('the Company')
General Meeting poll results
Today, 19 May 2017, the Company held a General Meeting ("GM").
The results of the GM resolutions, all decided by way of poll, are set out below:
Resolution | Votes For | For (% of shares voted) | Votes Against | Against (% of shares voted) | Votes Withheld** | |
1 | To approve the Share Consolidation | 2,419,152,878 | 99.48 | 12,636,579 | 0.52 | 18,998,248 |
2 | To authorise the Directors to allot New Ordinary Shares | 2,358,335,753 | 96.39 | 88,428,897 | 3.61 | 4,022,972 |
3* | To disapply pre-emption rights | 2,427,603,376 | 99.31 | 16,766,228 | 0.69 | 6,416,589 |
4* | To disapply pre-emption rights for acquisitions | 2,206,760,232 | 90.35 | 235,806,510 | 9.65 | 8,218,255 |
5* | To authorise the Company to purchase its own New Ordinary Shares | 2,408,030,551 | 98.45 | 37,966,113 | 1.55 | 4,757,172 |
* Special resolution
** A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against"a resolution.
As required by the Listing Rules of the Financial Conduct Authority, copies of all the GM resolutions will be made available for inspection from the National Storage Mechanism, situated at: www.morningstar.co.uk/uk/NSM
The complete poll results and details of proxy votes lodged before the meeting will be available shortly on the Company's website
http://investors.nationalgrid.com/shareholder-centre/shareholder-meetings/2017.aspx