19 May 2017 12:30
Friday 19 May 2017
Â
National Grid plc ('the Company')
Â
General Meeting poll results
Â
Today, 19 May 2017, the Company held a General Meeting ("GM").
Â
The results of the GM resolutions, all decided by way of poll, are set out below:
Â
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 |
Â
* 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.
Â
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
Â
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
Â
National Grid (NG.)