Business
Resolutions Passed at AGM
Resolutions Passed at AGM.
About this update from United Utilities Group Plc
[{"type":"text","content":"\n \n UNITED UTILITIES PLC \n\n RESOLUTIONS PASSED \n\n 25 JULY 2008 \n\nAt the annual general meeting held on 25 July 2008, at the Bridgewater Hall,\nManchester the following resolutions were duly passed as special business.\nResolutions 9 and 13 were passed as ordinary resolutions and resolutions 10, 11\nand 12 as special resolutions.\n\n9. AUTHORITY TO ALLOT SHARES\n\nIT WAS RESOLVED:\n\nTHAT the directors be and they are hereby generally and unconditionally\nauthorised in accordance with section 80 of the Companies Act 1985 (`the Act')\nto exercise all the powers of the company to allot relevant securities (as\ndefined in section 80(2) of the Act) of the company up to an aggregate nominal\namount of £293,902,939 provided that this authority shall expire on the earlier\nof the conclusion of the next annual general meeting of the company and 30\nSeptember 2009, save that the company may, before such expiry, make any offer\nor agreement which would or might require relevant securities to be allotted\nafter such expiry and the directors may allot relevant securities in pursuance\nof such an offer or agreement as if the authority conferred hereby had not\nexpired. This authority is in substitution for all authorities subsisting at\nthe time this resolution is passed.\n\n10. DISAPPLICATION OF STATUTORY PRE-EMPTION RIGHTS\n\nIT WAS RESOLVED AS A SPECIAL RESOLUTION:\n\nTHAT the directors be and they are hereby empowered pursuant to section 95(1)\nof the Act to make an allotment or allotments of equity securities (as defined\nin sections 94(2) and 94(3A) of the Act) of the company, pursuant to any\ngeneral authority conferred on the directors, as if section 89(1) of the Act\ndid not apply to any such allotment, provided that this power shall be limited\nto:\n\n(a) the allotment of equity securities in connection with a rights issue or\nother issue in favour of the holders of ordinary shares and in favour of\nholders of any other class of equity security in accordance with the rights\nattached to such class, where the equity securities respectively attributable\nto the interests of such persons are proportionate (as nearly as may be) to the\nrespective numbers of equity securities held by them, subject only to such\nexclusions or other arrangements as the directors may judge to be necessary or\nexpedient to deal with fractional entit...