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African Oxygen Limited - Results Of Annual General Meeting

Release Date: 26/05/2016 14:40:00      Code(s): AFX     
AFRICAN OXYGEN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1927/000089/06)
JSE code: AFX
NSX code: AOX
ISIN: ZAE000067120
(?Afrox? or the ?Company?)

RESULTS OF ANNUAL GENERAL MEETING

Afrox shareholders (?Shareholders?) are advised that at the 87th annual general meeting (?AGM?) of
Shareholders held on Thursday, 26 May 2016, all the ordinary and special resolutions, as set out in the
notice of AGM dated 31 March 2016, were approved by the requisite majority of Shareholders present
or represented by proxy.

The total number of Afrox shares eligible to vote at the AGM is 342 852 910. All resolutions proposed
at the AGM, together with the percentage of shares abstained, as well as the percentage of votes
carried for and against each resolution, are as follows:


Ordinary resolution number 1: Adoption of the annual financial statements

 Shares Voted               Abstained               For                     Against

 280 011 291                0.00%                   100.00%                 0.00%
 (81.67%)



Ordinary resolution number 2: Confirmation or re-election of directors

Ordinary Resolution number 2.1: Confirmation of the appointment of BH Eulitz as a director of the
Company

 Shares Voted              Abstained               For                      Against

 280 011 291               0.00%                   99.54%                   0.46%
 (81.67%)


Ordinary resolution number 2.2: Confirmation of the appointment of DKT Devers as a director of the
Company

 Shares Voted              Abstained               For                      Against

 280 011 291               0.00%                   99.54%                   0.46%
 (81.67%)


Ordinary resolution number 2.3: Re-election of KDK Mokhele as a director of the Company

 Shares Voted              Abstained               For                      Against

 280 011 291               0.00%                   98.08%                   1.92%
 (81.67%)


Ordinary resolution number 2.4: Re-election of M von Plotho as a director of the Company

 Shares Voted              Abstained               For                      Against

 280 011 291               0.00%                   99.55%                   0.45%
 (81.67%)


Ordinary resolution number 3: Re-appointment of KPMG Inc. as independent auditors of the
Company

 Shares Voted              Abstained               For                      Against

 280 011 291               0.00%                   100.00%                  0.00%
 (81.67%)



Ordinary resolution number 4: Appointment of Audit Committee members

Ordinary resolution number 4.1: Election of CF Wells as a member of the Audit Committee

 Shares Voted              Abstained               For                      Against

 280 011 291               0.00%                   100.00%                  0.00%
 (81.67%)


Ordinary resolution number 4.2: Election of GJ Strauss as a member of the Audit Committee

 Shares Voted              Abstained               For                      Against

 280 011 291               0.00%                   100.00%                  0.00%
 (81.67%)


Ordinary resolution number 4.3: Election of NVL Lila Qangule as a member of the Audit Committee

 Shares Voted              Abstained               For                      Against

 280 011 291               0.00%                   100.00%                  0.00%
 (81.67%) 


Ordinary resolution number 5: Non-binding vote on the approval of the remuneration policy

 Shares Voted              Abstained               For                      Against

 272 778 146               2.11%                   87.93%                   12.07%
 (79.56%)


Special resolution number 1: Remuneration of independent non-executive directors? fees

 Shares Voted              Abstained               For                      Against

 280 011 291               0.00%                   100.00%                  0.00%
 (81.67%)


Special resolution number 2: General authority to repurchase shares

 Shares Voted               Abstained              For                      Against

 280 011 291                0.00%                  98.01%                   1.99%
 (81.67%)


Special resolution number 3: General authority to provide financial assistance to related or
inter-related companies

 Shares Voted               Abstained              For                       Against

 280 011 291                0.00%                  100.00%                   0.00%
 (81.67%)


Special resolution number 4: Authority to provide financial assistance in connection with the
purchase of the Company?s securities on the market


 Shares Voted               Abstained              For                       Against

 270 533 871                2.76%                  93.85%                    6.15%
 (78.90%)


Notes
   -    Percentages of shares voted are calculated in relation to the total issued share capital of Afrox
        eligible to vote.
   -    Percentage of shares for and against are calculated in relation to the total number of shares
        voted at the AGM.
   -    Abstentions are calculated as a percentage in relation to the total issued share capital of Afrox
        eligible to vote.


Johannesburg
26 May 2016

Sponsor
One Capital

Date: 26/05/2016 02:40:00 Supplied by www.sharenet.co.za                     
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