Business
Resolutions passed at AGM
Resolutions passed at AGM.
About this update from United Utilities Group Plc
[{"type":"text","content":"\n\nUNITED UTILITIES GROUP PLC\n \nRESOLUTIONS PASSED\n \n21 JULY 2023\n \nAt the annual general meeting held on 21 July 2023, at The Food Hall Building, Lingley Mere Business Park, Lingley Green Avenue, Great Sankey, Warrington, WA5 3LP the following resolutions were duly passed. Resolutions 16 to 19 were passed as special resolutions and 1 to 15 and 20 as ordinary resolutions.\n \n \nResolution 16: general power to disapply statutory pre-emption rights\n \nThat if resolution 15 is passed, the board be authorised to allot equity securities (as defined in the Companies Act 2006) for cash under the authority given by that resolution and/or to sell ordinary shares held by the company as treasury shares for cash as if section 561 of the Companies Act 2006 did not apply to any such allotment or sale, such authority to be limited:\n \n(A) to the allotment of equity securities and sale of treasury shares for cash in connection with an offer of, or invitation to apply for, equity securities (but in the case of the authority granted under paragraph (B) of resolution 15, by way of a rights issue only);\n \n(i) to ordinary shareholders in proportion (as nearly as may be practicable) to their existing holdings; and\n \n(ii) to holders of other equity securities as required by the rights of those securities or as the board otherwise considers necessary,\n \nand so that the board may impose any limits or restrictions and make any arrangements which it considers necessary or appropriate to deal with treasury shares, fractional entitlements, record dates, legal, regulatory or practical problems in, or under the laws of, any territory or any other matter; and\n \n(B) to the allotment of equity securities or sale of treasury shares (otherwise than under paragraph (A) above) up to a nominal amount of £3,409,442; and\n \n(C) to the allotment of equity securities or sale of treasury shares (otherwise than under paragraph (A) or paragraph (B) above) up to a nominal amount equal to 20 per cent of any allotment of equity securities or sale of treasury shares from time to time under paragraph (B) above, such authority to be used only for the purposes of making a follow-on offer which the board of the company determines to be of a kind contemplated by paragraph 3 of Sect...