NIVEUS INVESTMENTS LIMITED - Results Of General Meeting

Results Of General Meeting

NIVEUS INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1996/005744/06)
Share code: NIV
ISIN: ZAE000169553
(“Niveus” or the “Company”)

RESULTS OF GENERAL MEETING

Shareholders are referred to the Company’s SENS announcement on 21 February 2018, regarding the
proposed La Concorde Unbundling and Niveus Unbundling, as defined and detailed in the Company’s
circular to shareholders dated 21 February 2018 (“Circular”), and giving notice of the general meeting
of shareholders (“General Meeting”), to be held in order to consider and, if deemed fit, to approve the
La Concorde Unbundling (to the extent that such approval is required) and the Niveus Unbundling.

Shareholders are hereby advised that at the General Meeting of the Company held at 11:00 today,
23 March 2018, at La Concorde, 57 Main Street, Paarl, all of the resolutions proposed thereat were
passed by the requisite majorities of Niveus shareholders.

Details of the results of voting at the General Meeting are as follows:

                            Votes for      Votes against       Number of      Number of      Number of
                      resolution as a    resolution as a    shares voted   shares voted         shares
                        percentage of      percentage of      at General     at General      abstained
                      total number of    total number of         Meeting   Meeting as a           as a
 Resolutions             shares voted       shares voted                     percentage     percentage
 proposed at the           at General         at General                   of shares in   of shares in
 General Meeting              Meeting            Meeting                          issue          issue

 Special                      100.00%              0.00%      95 085 891         79.79%          0.01%
 Resolution
 Number 1:
 Approval of the
 La Concorde
 Unbundling

 Special                      100.00%              0.00%      95 085 891         79.79%          0.01%
 Resolution
 Number 2:
 Approval of the
 Niveus
 Unbundling

 Ordinary                     100.00%              0.00%      95 096 891         79.80%          0.00%
 Resolution
 Number 1:
 Directors’
 authority


As indicated above, the La Concorde Unbundling and the Niveus Unbundling have been approved by
Niveus shareholders.

Niveus shareholders are advised that at a separate general meeting of La Concorde Holdings Limited,
also held today, 23 March 2018, the La Concorde Unbundling was likewise approved by the
shareholders of that company.

Following the above shareholder approvals, it is anticipated that the Niveus Unbundling will be
implemented on the basis, and subject to the conditions, set out in the Circular, which is available on
Niveus’s website at http://www.niveus.co.za. In this regard, shareholders are referred to the salient
dates and times section of the Circular.

Niveus will keep shareholders apprised of further developments regarding the Niveus Unbundling.


Cape Town
23 March 2018

Corporate Adviser and Sponsor
PSG Capital 

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