Shareholder resources

Shareholder meetings
View the results of the 2006 Extraordinary General Meeting, which included the approval of the demerger of Biffa PLC and Severn Trent share consolidation.
Results of EGM regarding the Demerger of Biffa Plc and the Share Consolidation of Severn Trent Ordinary Shares

At the Extraordinary General Meeting of Severn Trent Plc held on 6 October 2006 at the National Motorcycle Museum, Coventry Road, Bickenhill, Solihull, West Midlands, to approve, among other things, the Demerger of Biffa Plc and the Share Consolidation of Severn Trent Ordinary Shares, each of the ordinary and special resolutions put to the Shareholders was duly passed.

Resolutions 1 to 6 were proposed as ordinary resolutions and resolutions, 7 and 8 were proposed as special resolutions.

Proxy appointments were validly made in respect of 160,427,720 Existing Severn Trent Ordinary Shares; being 45.9 per cent. of the issued share capital of 349,531,239 Existing Severn Trent Ordinary Shares. All the resolutions were passed at the meeting on a show of hands however, a summary of the proxy votes received by the Company prior to the meeting were as follows:

Ordinary resolutions

 

Resolution 1

To pay the Demerger Dividend

Votes for and Discretion
159,094,919 shares

Against:
300,575 shares

Vote Withheld:
1,032,226 shares

Resolution 2

To approve the Share Consolidation

Votes for and Discretion
159,039,329 shares

Against: 
356,330 shares

Vote Withheld: 
1,032,061 shares

Resolution 3

To approve the operation of the Biffa Long Term Incentive Plan

Votes for and Discretion
153,860,093 shares

Against: 
3,494,173 shares

Vote Withheld: 
3,073,454 shares

Resolution 4

To approve the operation of the Biffa Sharesave Scheme.

Votes for and Discretion
158,286,131 shares

Against: 
743,054 shares

Vote Withheld: 
1,398,535 shares

Resolution 5

To approve the operation of the Biffa Share Incentive Plan

Votes for and Discretion
158,509,028 shares

Against: 
518,884 shares

Vote Withheld: 
1,399,808 shares

Resolution 6

To authorise the Directors to allot shares

Votes for and Discretion
157,863,013 shares

Against: 
1,326,986 shares

Votes Withheld: 
1,237,721 shares

Resolution 7

To disapply pre-emption rights

Votes for and Discretion
158,489,958 shares

Against: 
468,595 shares

Votes Withheld: 
1,469,167 shares

Resolution 8

To authorise the Company to purchase its own shares

Votes for and Discretion
158,836,248 shares

Against: 
357,334 shares

Votes Withheld: 
1,234,138 shares