Result of AGM
Pennon Group plc announced that all resolutions presented at its Annual General Meeting on July 8, 2026, were passed by shareholders. Key resolutions included the adoption of the Annual Report and Accounts for the year ended March 31, 2026, with 99.97% of votes in favour, and the declaration of a final dividend, which received 96.62% approval. The appointment of PricewaterhouseCoopers LLP as auditor also passed with 99.92% of votes in favour. The company's climate-related financial disclosures were approved by 81.26% of votes. Voting on all resolutions was conducted by poll, with approximately 84.19% of the issued share capital participating.
Select text to share a quote on X · sign in to keep highlights & notes in your PNN notes
Result of the Annual General Meeting held on 8th July 2026 at Bristol Water, Bridgwater Road, Bristol, BS13 7AT at 10:00am
The Directors are pleased to announce that the shareholders of Pennon Group plc passed all the Resolutions which were set out in the Notice of Annual General Meeting dated 16th June 2026.
Voting on all Resolutions was conducted by way of a poll and the below table shows the percentage of issued share capital voted for each.
A copy of each of the Resolutions passed by the Company, other than resolutions concerning ordinary business, will be submitted and made available for inspection on the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
A copy of this announcement will be posted on the Company's website at www.pennon-group.co.uk/investor-information/shareholder-services
| RESOLUTION | VOTES FOR | % FOR | VOTES AGAINST | % AGAINST | VOTES TOTAL | % SHARE CAPITAL VOTED | VOTES WITHHELD | |
|---|---|---|---|---|---|---|---|---|
| 1. | To receive and adopt for the Annual Report and Accounts for the year ended 31 st March 2026 | 397,130,103 | 99.97% | 102,867 | 0.03% | 397,232,970 | 84.16% | 167,048 |
| 2. | To declare a final dividend in respect of the year ended 31 st March 2026 | 383,943,476 | 96.62% | 13,422,577 | 3.38% | 397,366,053 | 84.19% | 33,965 |
| 3. | To approve the Director's Remuneration Report | 353,699,847 | 89.02% | 43,606,108 | 10.98% | 397,305,955 | 84.18% | 94,063 |
| 4. | To approve the Director's Remuneration Policy | 375,873,830 | 94.60% | 21,442,909 | 5.40% | 397,316,739 | 84.18% | 83,279 |
| 5. | To elect Andrew Haines as a Director | 396,690,119 | 99.83% | 663,947 | 0.17% | 397,354,066 | 84.19% | 45,952 |
| 6. | To elect Keith Haslett as a Director | 395,535,236 | 99.54% | 1,826,295 | 0.46% | 397,361,531 | 84.19% | 38,487 |
| 7. | To re-elect David Sproul as a Director | 385,032,854 | 96.90% | 12,325,289 | 3.10% | 397,358,143 | 84.19% | 41,875 |
| 8. | To re-elect Laura Flowerdew as a Director | 395,461,008 | 99.52% | 1,896,495 | 0.48% | 397,357,503 | 84.19% | 42,515 |
| 9. | To re-elect Andrea Blance as a Director | 392,895,554 | 98.88% | 4,460,096 | 1.12% | 397,355,650 | 84.19% | 44,368 |
| 10. | To re-elect Jon Butterworth as a Director | 392,825,027 | 98.86% | 4,527,994 | 1.14% | 397,353,021 | 84.19% | 46,997 |
| 11. | To re-elect Loraine Woodhouse as a Director | 392,477,421 | 98.77% | 4,872,438 | 1.23% | 397,349,859 | 84.19% | 50,159 |
| 12. | To re-elect Dorothy Burwell as a Director | 380,536,986 | 95.77% | 16,810,924 | 4.23% | 397,347,910 | 84.19% | 52,108 |
| 13. | To appoint PricewaterhouseCoopers LLP as auditor of the Company | 397,036,100 | 99.92% | 314,657 | 0.08% | 397,350,757 | 84.19% | 49,261 |
| 14. | To authorise the Audit Committee to determine the remuneration of the auditor on behalf of the Board | 391,214,993 | 98.46% | 6,125,647 | 1.54% | 397,340,640 | 84.19% | 59,378 |
| 15. | To authorise the Company and its subsidiaries to make political donations up to a specified limit | 390,462,535 | 98.26% | 6,901,786 | 1.74% | 397,364,321 | 84.19% | 35,697 |
| 16. | To grant the Directors authority to allot shares | 377,221,837 | 94.93% | 20,144,186 | 5.07% | 397,366,023 | 84.19% | 33,995 |
| 17. | To consider and approve the Company's climate-related financial disclosures (as set out on pages 83-93 of the Annual Report and Accounts 2026) | 294,586,132 | 81.26% | 67,930,745 | 18.74% | 362,516,877 | 76.81% | 34,883,141 |
| 18. | To authorise the general disapplication of pre-emption rights | 384,588,696 | 96.79% | 12,764,008 | 3.21% | 397,352,704 | 84.19% | 47,314 |
| 19. | To authorise the disapplication of pre-emption rights in connection with an acquisition or specified capital investment | 369,683,011 | 93.04% | 27,672,275 | 6.96% | 397,355,286 | 84.19% | 44,732 |
| 20. | To authorise the market purchase of the Company's shares | 383,726,851 | 96.65% | 13,298,496 | 3.35% | 397,025,347 | 84.12% | 374,671 |
| 21. | To authorise that a General Meeting, other than an AGM, may be called on not less than 14 clear days notice | 381,690,706 | 96.05% | 15,693,109 | 3.95% | 397,383,815 | 84.20% | 16,203 |
Notes
- The total votes cast in favour of each resolution include those giving the Chair's discretion.
- 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.
- Pennon Group plc's issued share capital consists of 471,984,868 ordinary shares of 61.05p each, with
5,628 shares held in treasury. Therefore, the total number of voting rights in Pennon Group plc is 471,979,240 shares.
8th July 2026
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.