SPANJAARD LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

Spanjaard Limited
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share Code: SPA       ISIN: ZAE000006938
(“the company”)



RESULTS OF ANNUAL GENERAL MEETING (“ the AGM”)


Shareholders are advised that all the resolutions proposed at the AGM of the company held on
Friday, 21 August 2015 were passed by the requisite majorities of shareholders.


Details of the resolutions and the voting are contained in the table below.


Resolution proposed                        Total              Votes in         Votes        Abstentions
                                           number of          favour: %        against: %   : % of
                                           votes cast:                                      issued
                                           number(%                                         share
                                           of issued                                        capital
                                           share
                                           capital)
Ordinary resolution number 1:
Approval of annual financial               6 125 019          6 125 019
statements                                 (75,2%)            (100%)           nil          nil

Ordinary resolution number 2:
Approval of directors’ emoluments          6 125 019          6 125 019
                                           (75,2%)            (100%)           nil          nil
Ordinary resolution number 3:
Re-election of Mrs. S Hari as a non-
executive director                         6 125 019          6 046 733        78 286
                                           (75,2%)            (98,7%)          (1,3%)       nil
Ordinary resolution number 4:
Appointment and remuneration of            6 125 019          6 046 733        78 286
auditors                                   (75,2%)            (100%)           (1,3%)       nil

Ordinary resolution umber 5:
Placing authorised but unissued            6 125 019          6 046 733        78 286
share capital under the control of the     (75,2%)            (100%)           (1,3%)       nil
directors

Ordinary resolution number 6:
Appointment of members of the audit
committee
6.1 To appoint Prof. DP van der Nest       6 125 019          6 125 019
as a member and chairman of the            (75,2%)            (100%)            nil          nil
audit committee

6.2 To appoint BL Montgomery as a          6 125 019          6 125 019
member of the audit committee              (75,2%)            (100%)            nil          nil

6.3 To appoint Mrs. S Hari as a            6 125 019          6 046 733         78 286
member of the audit committee              (75,2%)            (98,7%)           (1,3%)       nil

Special resolution number 1:
Financial assistance to related or         6 125 019          6 125 019
inter-related entities to the company      (75,2%)            (100%)            nil          nil

Special resolution number 2:
Financial assistance for the               6 125 019          6 125 019
subscription for or purchase of            (75,2%)            (100%)            nil          nil
securities by related or inter-related
entities to the company

Special resolution number 2:
Approval of the remuneration of non-       6 125 019          6 046 733        78 286
executive directors for services as        (75,2%)            (98,7%)          (1,3%)        nil
directors for the following year



By order of the board

Johannesburg

25 August 2015



Sponsor

Arbor Capital Sponsors Proprietary Limited

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