Last checked at 17 Jul 2019 12:40
LEI: 213800RPBXRETY4A4C59
Severn Trent Plc
(the "Company")
Results of the Annual General Meeting held on 17 July 2019
at the Ricoh Arena, Phoenix Way, Coventry CV6 6GE
The Directors are pleased to announce that the shareholders of Severn Trent Plc passed all the resolutions that were proposed at this year's Annual General Meeting, as set out in the Notice of Annual General Meeting dated 20 May 2019.
All of the Resolutions were passed at the Meeting on a poll. The total number of votes received for each resolution is set out below in Appendix A.
Resolutions 1 to 17 were passed as ordinary resolutions and resolutions 18 to 21 were passed as special resolutions.
The Meeting was attended by 72 shareholders.
In accordance with Listing Rules 9.6.1 and 9.6.2, a copy of the resolutions passed at the Meeting, other than resolutions concerning ordinary business, will be submitted to the UK Listing Authority and will shortly be available for inspection at the National Storage Mechanism, located at http://www.morningstar.co.uk/uk/.
In total, 74.91% of the issued share capital, excluding shares held in treasury, was voted and the percentages shown below are rounded to two decimal places.
www.severntrent.com
Appendix A
| RESOLUTION | VOTES FOR | % OF VOTES CAST | VOTES AGAINST | % OF VOTES CAST | VOTES CAST IN TOTAL | TOTAL VOTES CAST AS A % OF ISSUED SHARE CAPITAL | VOTES WITHHELD |
1 | Receive the Report and Accounts for the year ended 31 March 2019 | 178,122,197 | 99.98 | 32,997 | 0.02 | 178,155,194 | 74.90% | 125,014 |
2 | Approve the Directors' Remuneration Report | 176,315,760 | 99.32 | 1,203,205 | 0.68 | 177,518,965 | 74.63% | 762,069 |
3 | Approve changes to the Severn Trent Plc Long Term Incentive Plan 2014 | 176,682,196 | 99.24 | 1,348,533 | 0.76 | 178,030,729 | 74.84% | 251,525 |
4 | Approve the extension of the Severn Trent Sharesave Scheme by an additional period of ten years | 177,608,656 | 99.68 | 568,594 | 0.32 | 178,177,250 | 74.91% | 103,975 |
5 | Declare a final ordinary dividend in respect of the year ended 31 March 2019 | 178,141,487 | 99.95 | 86,975 | 0.05 | 178,228,462 | 74.93% | 53,353 |
6 | Reappoint Kevin Beeston | 177,258,007 | 99.50 | 888,197 | 0.50 | 178,146,204 | 74.89% | 133,432 |
7 | Reappoint James Bowling | 177,309,395 | 99.53 | 836,317 | 0.47 | 178,145,712 | 74.89% | 137,056 |
8 | Reappoint John Coghlan | 177,207,815 | 99.47 | 940,189 | 0.53 | 178,148,004 | 74.89% | 134,416 |
9 | Reappoint Andrew Duff | 175,430,673 | 98.47 | 2,725,688 | 1.53 | 178,156,361 | 74.90% | 125,120 |
10 | Reappoint Olivia Garfield | 177,678,524 | 99.73 | 486,117 | 0.27 | 178,164,641 | 74.90% | 116,725 |
11 | Reappoint Dominique Reiniche | 177,555,550 | 99.66 | 598,282 | 0.34 | 178,153,832 | 74.90% | 128,322 |
12 | Reappoint Philip Remnant CBE | 176,774,800 | 99.23 | 1,373,581 | 0.77 | 178,148,381 | 74.89% | 134,106 |
13 | Reappoint Dame Angela Strank | 177,561,876 | 99.67 | 588,779 | 0.33 | 178,150,655 | 74.90% | 130,517 |
14 | Reappoint Deloitte LLP as Auditor of the Company | 177,046,184 | 99.36 | 1,146,470 | 0.64 | 178,192,654 | 74.91% | 89,869 |
15 | Authorise the Audit Committee to determine the remuneration of the Auditor | 178,042,971 | 99.92 | 151,047 | 0.08 | 178,194,018 | 74.91% | 87,861 |
16 | Authorise the Company and all companies which are subsidiaries of the Company to make political donations not exceeding £50,000 in total | 164,625,111 | 99.29 | 1,179,096 | 0.71 | 165,804,207 | 69.70% | 12,478,143 |
17 | Renew the Company's authority to allot shares | 175,666,553 | 98.59 | 2,510,266 | 1.41 | 178,176,819 | 74.91% | 105,499 |
18 | Disapply pre-emption rights on up to five per cent of the issued share capital | 177,915,636 | 99.89 | 202,553 | 0.11 | 178,118,189 | 74.88% | 164,298 |
19 | Disapply pre-emption rights on up to an additional five per cent of the issued share capital in connection with an acquisition or specified capital investment | 176,056,725 | 98.84 | 2,065,699 | 1.16 | 178,122,424 | 74.88% | 159,645 |
20 | Authorise the Company to make market purchases of its Ordinary Shares | 177,326,544 | 99.54 | 820,982 | 0.46 | 178,147,526 | 74.89% | 134,512 |
21 | Authorise general meetings of the Company, other than Annual General Meetings, to be called on not less than 14 clear days' notice | 169,628,639 | 95.59 | 7,832,351 | 4.41 | 177,460,990 | 74.61% | 821,206 |
Notes
1. Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.
2. 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.
3. Issued ordinary share capital (excluding shares held in treasury) at 15 July 2019: 237,866,618 shares.