Shareholder resources

Shareholder meetings
Here’s a quick overview of the Severn Trent Annual General Meeting (AGM) that took place on 27 May 2010. All proposed resolutions were passed.

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 27 May 2010.

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 in Appendix A.

Resolutions 1 to 13 were passed as ordinary resolutions and resolutions 14 to 17 were passed as special resolutions.

The Meeting was attended by 158 shareholders.

In accordance with Listing Rules 9.6.1 and 9.6.2, two copies of the Company’s new articles of association which were adopted at the Meeting and two copies of the resolutions passed at the Meeting, other than resolutions concerning ordinary business, have been submitted to the UK Listing Authority and will shortly be available for inspection at the Financial Service Authority’s Document Viewing Facility, which is situated at:

The Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

In total, 55.07% of the issued share capital was voted and the percentages shown below are rounded to two decimal places.

Appendix A

Resolution 1:  to receive the accounts and the reports of the directors and the auditors for the year ended 31 March 2010

 

For Against Percentage of share capital voted Withheld
129,868,856 273,573 54.91% 378,230
99.79% 0.21%       

Resolution 2: to declare a final dividend in respect of the year ended 31 March 2010 of 45.61 pence for each ordinary share of 97 17⁄19 pence

 

For Against Percentage of share capital voted Withheld
130,336,172 13,437 54.99% 171,447
99.99% 0.01%    

Resolution 3:  to approve the Directors’ remuneration report for the year ended 31 March 2010

 

For Against Percentage of share capital voted Withheld
126,992,149 2,531,200 54.65% 997,707
98.05% 1.95%    

Resolution 4:  to reappoint Andrew Duff as a director

 

For Against Percentage of share capital voted Withheld
129,497,421 751,658 54.95% 270,989
99.42% 0.58%    

Resolution 5:  to reappoint Martin Kane as a director

 

For Against Percentage of share capital voted Withheld
126,947,142 1,928,870 54.37% 1,644,964
98.50% 1.50%    

Resolution 6:  to reappoint Martin Lamb as a director

 

For Against Percentage of share capital voted Withheld
129,354,433 815,136 54.92% 351,407
99.37% 0.63%    

Resolution 7:  to reappoint Baroness Noakes as a director

 

For Against Percentage of share capital voted Withheld
129,161,317 1,095,437 54.96% 264,302
99.16% 0.84%    

Resolution 8:  to reappoint Andy Smith as a director

 

For Against Percentage of share capital voted Withheld
126,837,196 2,035,740 54.37% 1,648,120
98.42% 1.58%    

Resolution 9:  to reappoint Deloitte LLP as auditors of the Company

 

For Against Percentage of share capital voted Withheld
129,849,959 447,694 54.97% 222,683
99.66% 0.34%    

Resolution 10:  to authorise the directors to determine the auditors' remuneration

 

For Against Percentage of share capital voted Withheld
130,016,382 277,931 54.97% 225,808
99.79% 0.21%    

Resolution 11:   to authorise political donations

 

For Against Percentage of share capital voted Withheld
127,201,475 2,521,375 54.73% 798,200
98.06% 1.94%    

Resolution 12: to ratify infringements of duty to restrict borrowings

 

For Against Percentage of share capital voted Withheld
127,700,490 2,123,081 54.77% 697,447
98.36% 1.64%    

Resolution 13: authority to allot shares

 

For Against Percentage of share capital voted Withheld
124,750,244 3,730,215 54.21% 2,040,597
97.10% 2.90%    

Resolution 14: disapplication of statutory pre-emption rights

 

For Against Percentage of share capital voted Withheld
129,382,122 643,283 54.86% 494,554
99.51% 0.49%    

Resolution 15: authority for the Company to purchase its own shares

 

For Against Percentage of share capital voted Withheld
129,607,986 664,769 54.96% 247,104
99.49% 0.51%    

Resolution 16: reduce notice period for general meetings

 

For Against Percentage of share capital voted Withheld
124,193,056 5,978,934 54.92% 349,250
95.41% 4.59%    

Resolution 17: adopt new Articles of Association

 

For Against Percentage of share capital voted Withheld
127,983,084 1,029,377 54.43% 1,507,863
99.20% 0.80%    

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 18 July 2010: 237,022,613 shares.