NU-WORLD HOLDINGS LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

NU-WORLD HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1968/002490/06)
Share Code: NWL ISIN code: ZAE000005070
(“Nu-World”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that at the annual general meeting held on Wednesday, 8 February 2017
(“AGM”), all resolutions as set out in the notice of AGM which was incorporated in the integrated annual
report distributed to shareholders on 15 December 2016, were duly approved by the requisite majority of
shareholders present (in person or represented by proxy) and voting:

 Resolution                           Shares voted for     Shares voted against     Abstentions

 Ordinary resolution 1:
 re-appointment of directors
 1.1   Mr J M Judin                        15 229 106             248 989               210 801
                                            98.39%                 1.61%                  0.93%

 1.2   Mr D Piaray                         15 229 106             248 989               210 801
                                            98.39%                 1.61%                  0.93%

 1.3 Mr R Kinross                          15 683 378                -                    5 518
                                             100%                                         0.02%

 Ordinary resolution 2:                    15 673 378              10 000                 5 518
 appointment of a director - Mr F J         99.94%                 0.06%                  0.02%
 Davidson


 Ordinary resolution 3:
 appointment or re-appointment of
 the Audit Committee members
 3.1 Mr J M Judin                          15 434 389             248 989                 5 518
                                            98.41%                 1.59%                  0.02%

 3.2 Mr D Piaray                           15 434 389             248 989                 5 518
                                            98.41%                 1.59%                  0.02%

 3.3 Mr R Kinross                          15 683 378                -                    5 518
                                             100%                                         0.02%

 3.4   Mr F J Davidson                     15 683 378                -                    5 518
                                             100%                                         0.02%

 
 Ordinary resolution 4:                    14 064 200            1 619 178                5 518
 re-appointment of auditors and             89.68%                10.32%                  0.02%
 individual designated auditor
 

 Ordinary resolution 5:                    15 424 389              258 989                5 518
 endorsement of remuneration policy         98.35%                 1.65%                  0.02%


 Ordinary resolution 6:                    15 683 378                 -                   5 518
 authority to sign documents                 100%                                         0.02%


 Special resolution 1:                     15 673 378              10 000                 5 518
 approval to pay remuneration to            99.94%                 0.06%                  0.02%
 non-executive directors


 Special resolution 2:                     15 683 378                 -                   5 518
 general authority to repurchase             100%                                         0.02%
 shares


 Special resolution 3:                     15 683 378                 -                   5 518
 authority to provide direct or indirect     100%                                         0.02%
 financial assistance


Notes:

1.   There were 22 646 465 shares in issue as at the date of the AGM.
2.   15 688 896 shares were voted in person or by proxy at the AGM being 69% of the total number of
     shares in issue.
3.   Abstentions, as noted above, are represented as a percentage of total number of shares in issue.

Johannesburg
8 February 2017

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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