Last checked at 19 Jul 2017 13:04
LEI: 213800RPBXRETY4A4C59
Severn Trent Plc
(the "Company")
Results of the Annual General Meeting held on 19 July 2017
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 22 May 2017.
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.
Resolutions 1 to 16 were passed as ordinary resolutions and resolutions 17 to 20 were passed as special resolutions.
The Meeting was attended by 77 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/ and on the Company's website at https://www.severntrent.com/shareholder-resources/shareholder-meetings/the-agm-2017/
In total, 62.57% of the issued share capital, excluding shares held in treasury, was voted and the percentages shown below are rounded to two decimal places.
| 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 Reports and Accounts for the year ended 31 March 2017 | 147,622,884 | 99.98 | 29,752 | 0.02 | 147,652,636 | 62.54% | 66,634 |
2 | Approve Directors' Remuneration Report | 142,422,030 | 97.30 | 3,948,356 | 2.70 | 146,370,386 | 62.00% | 1,351,934 |
3 | Declare a final ordinary dividend
| 147,502,253 | 99.99 | 8,145 | 0.01 | 147,510,398 | 62.48% | 210,207 |
4 | Reappoint Kevin Beeston
| 146,847,595 | 99.47 | 778,253 | 0.53 | 147,625,848 | 62.53% | 94,581 |
5 | Reappoint James Bowling
| 146,748,939 | 99.48 | 764,379 | 0.52 | 147,513,318 | 62.48% | 207,139 |
6 | Reappoint John Coghlan
| 146,695,663 | 99.44 | 823,551 | 0.56 | 147,519,214 | 62.48% | 200,615 |
7 | Reappoint Andrew Duff
| 146,721,761 | 99.39 | 903,378 | 0.61 | 147,625,139 | 62.53% | 96,280 |
8 | Reappoint Emma FitzGerald
| 146,774,645 | 99.48 | 761,066 | 0.52 | 147,535,711 | 62.49% | 196,094 |
9 | Reappoint Olivia Garfield
| 146,836,361 | 99.53 | 688,320 | 0.47 | 147,524,681 | 62.49% | 196,944 |
10 | Reappoint Dominique Reiniche
| 146,787,309 | 99.50 | 735,974 | 0.50 | 147,523,283 | 62.49% | 198,302 |
11 | Reappoint Philip Remnant
| 145,211,774 | 98.44 | 2,298,675 | 1.56 | 147,510,449 | 62.48% | 203,546 |
12 | Reappoint Dr. Angela Strank | 146,830,917 | 99.46 | 796,574 | 0.54 | 147,627,491 | 62.53% | 93,660 |
13 | Reappoint Deloitte LLP as Auditor
| 144,740,965 | 98.04 | 2,900,623 | 1.96 | 147,641,588 | 62.54% | 79,690 |
14 | Authorise the Audit Committee of the Board to determine the remuneration of the Auditor | 146,311,674 | 99.10 | 1,333,678 | 0.90 | 147,645,352 | 62.54% | 75,342 |
15 | Authorise political donations
| 144,894,662 | 98.85 | 1,692,631 | 1.15 | 146,587,293 | 62.09% | 1,134,341 |
16 | Authorise allotment of shares
| 144,434,256 | 97.99 | 2,969,844 | 2.01 | 147,404,100 | 62.43% | 315,244 |
17 | Disapply pre-emption rights on up to five per cent of the issued share capital
| 147,165,390 | 99.86 | 210,162 | 0.14 | 147,375,552 | 62.42% | 338,761 |
18 | 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 | 144,567,842 | 98.17 | 2,700,472 | 1.83 | 147,268,314 | 62.38% | 446,243 |
19 | Authorise purchase of own shares
| 146,503,548 | 99.25 | 1,106,916 | 0.75 | 147,610,464 | 62.52% | 103,889 |
20 | Reduce notice period for General Meetings
| 136,219,424 | 92.75 | 10,640,965 | 7.25 | 146,860,389 | 62.20% | 854,649 |
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 at 17 July 2017: 236,092,755 shares.