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Annual General Meetings
Results of the Annual General Meeting held on 6 July 2023
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 24 May 2023.
All of the Resolutions were passed at the Meeting on a poll. The total number of votes received for each resolution is set out in the following Appendix.
Resolutions 1 to 16 were passed as ordinary resolutions and resolutions 17 to 20 were passed as special resolutions.
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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
In total, 79.59% of the issued share capital, excluding shares held in treasury, was voted and the percentages shown below are rounded to two decimal places.
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 2023 |
201,440,909 |
99.98 |
32,824 |
0.02 |
201,473,733 |
79.86% |
141,193 |
2 |
Approve the Directors’ Remuneration Report |
192,267,172 |
95.40 |
9,273,727 |
4.60 |
201,540,899 |
79.89% |
74,027 |
3 |
Declare a final ordinary dividend in respect of the year ended 31 March 2023 |
192,581,433 |
95.54 |
8,981,749 |
4.46 |
201,563,182 |
79.90% |
51,743 |
4 |
Reappoint Kevin Beeston |
194,535,607 |
96.53 |
6,998,708 |
3.47 |
201,534,315 |
79.89% |
80,611 |
5 |
Reappoint John Coghlan |
200,609,106 |
99.54 |
924,395 |
0.46 |
201,533,501 |
79.89% |
81,425 |
6 |
Reappoint Tom Delay |
201,213,227 |
99.84 |
324,175 |
0.16 |
201,537,402 |
79.89% |
77,524 |
7 |
Reappoint Olivia Garfield |
201,456,401 |
99.96 |
79,326 |
0.04 |
201,535,727 |
79.89% |
79,199 |
8 |
Reappoint Christine Hodgson |
194,021,222 |
96.27 |
7,517,663 |
3.73 |
201,538,885 |
79.89% |
76,041 |
9 |
Appoint Sarah Legg |
201,467,047 |
99.97 |
66,074 |
0.03 |
201,533,121 |
79.89% |
81,805 |
10 |
Appoint Helen Miles |
201,335,147 |
99.90 |
194,485 |
0.10 |
201,529,632 |
79.89% |
85,294 |
11 |
Reappoint Sharmila Nebhrajani |
194,514,894 |
96.52 |
7,018,689 |
3.48 |
201,533,583 |
79.89% |
81,343 |
12 |
Reappoint Gillian Sheldon |
201,455,786 |
99.96 |
77,760 |
0.04 |
201,533,546 |
79.89% |
81,380 |
13 |
Reappoint Deloitte LLP as Auditor of the Company |
198,596,330 |
98.60 |
2,815,487 |
1.40 |
201,411,817 |
79.84% |
203,109 |
14 |
Authorise the Audit and Risk Committee to determine the remuneration of the Auditor |
200,339,042 |
99.40 |
1,211,976 |
0.60 |
201,551,018 |
79.90% |
63,908 |
15 |
Authorise the Company and all companies which are subsidiaries of the Company to make political donations not exceeding £50,000 in total |
184,716,720 |
97.73 |
4,289,213 |
2.27 |
189,005,933 |
74.92% |
12,608,992 |
16 |
Authorise the Directors to allot shares |
196,084,829 |
97.29 |
5,460,401 |
2.71 |
201,545,230 |
79.89% |
69,310 |
17 |
Disapply pre-emption rights on up to ten per cent of the issued share capital |
193,158,828 |
96.30 |
7,422,860 |
3.70 |
200,581,688 |
79.51% |
1,032,852 |
18 |
Disapply pre-emption rights on up to an additional ten per cent of the issued share capital in connection with an acquisition or specified capital investment |
184,363,137 |
92.11 |
15,788,400 |
7.89 |
200,151,537 |
79.34% |
1,463,003 |
19 |
Authorise the Company to make market purchases of its Ordinary Shares |
200,799,970 |
99.68 |
652,494 |
0.32 |
201,452,464 |
79.86% |
162,076 |
20 |
Authorise general meetings of the Company, other than Annual General Meetings, to be called on not less than 14 clear days’ notice |
194,099,408 |
96.30 |
7,450,811 |
3.70 |
201,550,219 |
79.89% |
64,321 |
Notes
1. Any proxy appointments which gave discretion to the Chair 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 6 July 2023: 252,268,980 shares.