Investor Centre Shareholder Information: 2006 AGM
 

Severn Trent Plc (the "Company") Summary of the Annual General Meeting held on 24 July 2007 at the National Motorcylce Museum, Solihull, West Midlands

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 June 2007

The Meeting was attended by 144 shareholders.

All of the Resolutions were passed at the Meeting on a show of hands but, detailed in Appendix A, are the proxy votes that were received from shareholders prior to the meeting. In total, 48.97% of the issued share capital was voted and the percentages shown below are rounded to two decimal places.

Resolutions 1 to 7 were passed as ordinary resolutions and resolutions 8 to 10 were passed as special resolutions.

 

Ordinary Resolutions
 

Resolution 1
To receive the Report of the Directors and the audited accounts for the year ended 31 March 2007.

For:
113,995,752 shares
99.31%

Against:
30,213 shares shares
0.03%

Discretion:
734,719 shares
0.64%

Abstentions:
23,491 shares
0.02%

Resolution 2
to declare a final dividend in respect of the year ended 31 March 2007 of 38.68 pence for each ordinary share of 97 17/19 pence

For:
114,033,127 shares
99.35%

Against:
7,755 shares
0.01%

Discretion
731,817 shares
0.64%

Abstentions:
11,476 shares
0.01%

Resolution 3
To reappoint Sir John Egan as a Director

For:
113,285,713 shares
99.69%

Against:
646,484 shares
0.56%

Discretion
772,038 shares
0.67%

Abstentions:
79,940 shares
0.07%

Resolution 4
To reappoint Tony Wray as a Director

For:
113,465,336 shares
98.85%

Against:
471,694 shares
0.41%

Discretion:
767,094 shares
0.67%

Abstentions:
80,051 shares
0.07%

Resolution 5
To reappoint Deloitte & Touche LLP as auditors of the Company and to authorise the Directors to determine their remuneration.

For:
111,644,294 shares
97.26%

Against:
1,334,658 shares
1.16%

Discretion
765,447 shares
0.67%

Abstentions:
1,039,776 shares
0.91%

Resolution 6
To approve the Directors’ remuneration report for the year ended 31 March 2007

For:
108,052,245 shares
94.14%

Against:
2,143,312 shares
1.87%

Discretion
759,738 shares
0.66%

Abstentions:
3,828,880 shares
3.34%

Resolution 7
Authority to allot shares

For:
113,672,974 shares
99.03%

Against:
230,433 shares
0.20%

Discretion:
777,837 shares
0.68%

Abstentions:
102,931 shares
0.09%

Resolution 8
Disapplication of statutory pre-emption rights

For:
113,544,399 shares
98.92%

Against:
270,011 shares
0.24%

Discretion:
795,789 shares
0.69%

Abstentions:
173,976 shares
0.15%

Resolution 9
Authority for the Company to purchase its own shares

For:
113,767,509 shares
99.11%

Against:
152,948 shares
0.13%

Discretion:
783,187 shares
0.68%

Abstentions:
80,531 shares
0.07%

Resolution 10
Approval and adoption of new Articles of Association

For:
113,639,360 shares
99%

Against:
176,488 shares
0.15%

Discretion:
807,862 shares
0.70%

Abstentions:
160,465 shares
0.14%

 

 
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