Monday 31 July 2017

National Grid plc (‘the Company’)

AGM poll results

Today, 31 July 2017, the Company held its 2017 Annual General Meeting (“AGM”).

The results of the AGM resolutions, all decided by way of poll, are set out below:

                                                 
Resolution   Votes For   For (% of shares voted)   Votes Against   Against (% of shares voted)   Votes Withheld**
                                         
  1    
To receive the Annual
Report and Accounts
 
2,115,639,726 		 
99.89 		 
2,259,428 		 
0.11 		 
4,274,894
       
 
                                       
  2    
To declare a final
dividend
 
2,115,513,304 		 
99.89 		 
2,374,244 		 
0.11 		 
4,290,920
       
 
                                       
  3    
To re-elect Sir Peter
Gershon
 
2,096,477,535 		 
99.03 		 
20,475,011 		 
0.97 		 
5,224,392
       
 
                                       
  4    
To re-elect John
Pettigrew
 
2,092,467,463 		 
98.82 		 
25,023,610 		 
1.18 		 
4,686,246
       
 
                                       
  5    
To re-elect Andrew
Bonfield
 
2,023,501,154 		 
95.59 		 
93,331,004 		 
4.41 		 
5,345,063
       
 
                                       
  6    
To re-elect Dean
Seavers
 
2,080,972,424 		 
98.28 		 
36,312,432 		 
1.72 		 
4,892,368
       
 
                                       
  7    
To re-elect Nicola
Shaw
 
2,080,645,001 		 
98.29 		 
36,142,901 		 
1.71 		 
5,390,157
       
 
                                       
  8    
To re-elect Nora Mead
Brownell
 
1,881,815,065 		 
88.95 		 
233,729,874 		 
11.05 		 
6,633,118
       
 
                                       
  9    
To re-elect Jonathan
Dawson
 
1,875,245,331 		 
88.65 		 
240,194,175 		 
11.35 		 
6,738,550
       
 
                                       
  10    
To elect Pierre Dufour
    2,106,408,857       99.52       10,073,327       0.48       5,695,875  
       
 
                                       
  11    
To re-elect Therese
Esperdy
 
2,096,103,870 		 
99.03 		 
20,581,077 		 
0.97 		 
5,493,112
       
 
                                       
  12    
To re-elect Paul Golby
    2,081,804,604       99.00       21,072,559       1.00       19,300,639  
       
 
                                       
  13    
To re-elect Mark
Williamson
 
1,862,762,963 		 
88.07 		 
252,430,891 		 
11.93 		 
6,982,211
       
 
                                       
  14    
To appoint the
auditors
Deloitte LLP
 

2,093,516,590 		 

98.84 		 

24,515,725 		 

1.16 		 

4,144,852
       
 
                                       
  15    
To authorise the
Directors to set the
auditors’
remuneration
 


2,080,018,643 		 


98.26 		 


36,737,920 		 


1.74 		 


5,420,597
       
 
                                       
  16    
To approve the
Directors’
remuneration policy
 

2,060,765,320 		 

97.54 		 

52,015,518 		 

2.46 		 

9,396,257
       
 
                                       
  17    
To approve the
Directors’
Remuneration Report
excluding the
excerpts from the
remuneration policy
 




1,828,221,066 		 




87.15 		 




269,507,926 		 




12.85 		 




24,448,230
       
 
                                       
  18    
To authorise the
Company to make
political donations
 

2,018,578,013 		 

96.42 		 

74,868,307 		 

3.58 		 

28,730,733
       
 
                                       
  19    
To authorise the
Directors to allot
Ordinary Shares
 

2,037,363,259 		 

96.24 		 

79,703,383 		 

3.76 		 

5,106,541
       
 
                                       
  20*    
To disapply
pre-emption rights
 
2,100,144,851 		 
99.31 		 
14,513,432 		 
0.69 		 
7,514,704
       
 
                                       
  21*    
To disapply
pre-emption rights
for acquisitions
 

1,990,437,191 		 

94.12 		 

124,343,960 		 

5.88 		 

7,391,901
       
 
                                       
  22*    
To authorise the
Company to purchase
its own Ordinary
Shares
 


2,087,973,613 		 


98.58 		 


30,172,433 		 


1.42 		 


4,027,014
       
 
                                       
  23*    
To authorise the
Directors to hold
general meetings on
14 clear days’ notice
 


1,954,986,765 		 


92.90 		 


149,489,305 		 


7.10 		 


17,697,111
       
 
                                       

• Special resolution
** A “Vote withheld” is not a vote in law and is not counted in the calculation of the votes “For” or “Against” a resolution.

As required by the Listing Rules of the Financial Conduct Authority, copies of AGM resolutions numbered 20-23 will be made available for inspection from the National Storage Mechanism, situated at: www.morningstar.co.uk/uk/NSM

The complete poll results and details of proxy votes lodged before the meeting will be available shortly on the Company’s website
http://investors.nationalgrid.com/shareholder-centre/shareholder-meetings/2017.aspx