National Grid PLC held its 2024 Annual General Meeting (AGM) at The Slate, Warwick Conferences, The University of Warwick, Scarman Road, Coventry, CV4 7SH. The company announced the results of the poll for each resolution. The AGM saw a high level of shareholder participation, with 68.17% of the Issued Share Capital being voted on.
Key resolutions included the approval of the Annual Report and Accounts, the declaration of a final dividend, and the re-election of board members. The resolutions for the re-election of board members, the re-appointment of the auditor, and the approval of the Climate Transition Plan were all passed with significant shareholder support.
The AGM also saw the passing of special resolutions, including the disapplication of pre-emption rights for acquisitions and the authorization for the company to purchase its own Ordinary Shares. These resolutions were also supported by a majority of shareholders.
The results demonstrate strong shareholder confidence in the company's leadership and strategic direction, as evidenced by the high percentage of votes in favor of key resolutions. The AGM's outcomes reflect a positive stance from shareholders towards National Grid PLC's financial performance, governance, and future plans.