CAPITAL APPRECIATION LIMITED - Results of the Annual General Meeting of Capital Appreciation Limited held on 7 September 2022

Results of the Annual General Meeting of Capital Appreciation Limited held on 7 September 2022

Capital Appreciation Limited
Incorporated in the Republic of South Africa
(Registration number 2014/253277/06)
Share code: CTA
ISIN: ZAE000208245
(“CAPPREC" or “the Company”)


RESULTS OF THE ANNUAL GENERAL MEETING OF CAPITAL APPRECIATION LIMITED
HELD ON 7 SEPTEMBER 2022

Shareholders are advised that the results of the business conducted at the annual general meeting held
virtually on Wednesday 7 September 2022 are as follows:

                                                                           Percentage       Number of shares

 Total number of shares that can be exercised at the meeting                                   1 310 000 000

 Total number of shares present/represented including proxies at the          71.57%             937 606 877
 meeting as % of voteable shares
 Total number of shares present/represented including proxies at the          71.57%             937 606 877
 meeting as % of issued shares

 Total number of members present in person                                                                5

 Issued Shares                                                                                 1 310 000 000




Details of the results of voting at the annual general meeting are as follows:

                                                                                               
                               For        %             Against    %        Abstain    %           Total
                              Votes                     Votes               Votes*                 Votes
Ordinary resolution
number 1 -
Acceptance of           936 673 549     100%         1 007       0%        932 321   0.07%       937 606 877
financial statements
 
Ordinary resolution
number 2.1 -
Re-election of          909 166 366     97.1%      27 507 340    2.9%      933 171   0.07%       937 606 877
Michael (Motty)
Sacks as director

Ordinary resolution
number 2.2 -
Re-election of          936 672 699     100%         1 007        0%       933 171   0.07%       937 606 877
Bukelwa Bulo as
director
 
Ordinary resolution     934 166 191     99.7%        2 507 515    0.3%     933 171   0.07%       937 606 877
number 2.3 -
Re-election of
Michael Brian
Shapiro as director

Ordinary resolution
number 2.4 -
Re-election t of        875 110 375     93.4%       61 563 331   6.6%      933 171   0.07%       937 606 877
Charles Valkin as
director

Ordinary resolution
number 3.1 -
Re-election of V       936 672 699      100%         1 007        0%       933 171   0.07%       937 606 877
Sekese as member
and Chairman of
the audit and risk
and opportunity
committee                        

Ordinary resolution
number 3.2 -
Re-election of B
Bulo as a member        936 672 699     100%         1 007        0%       933 171   0.07%       937 606 877
of the audit and risk
and opportunity
committee

Ordinary resolution
number 3.3 -
Election of KD
Dlamini as a
member of the audit     928 516 042    99.1%        8 158 514    0.9%      932 321    0.07%      937 606 877
and risk and
opportunity
committee

Ordinary resolution
number 4 -
Reappointment of        936 673 549    100%           1 007       0%       932 321    0.7%       937 606 877
external auditors

Ordinary resolution
number 5 -
General authority to    928 480 842   99.1%         8 258 514    0.9%      867 521    0.07%      937 606 877
issue shares for
cash

Ordinary resolution
number 6 -
Non-binding            845 794 730    90.3%        90 674 626    9.7%     1 137 521   0.09%      937 606 877
advisory vote on
remuneration policy

Ordinary resolution
number 7 -
Non-binding
advisory vote on       872 863 023    93.2%         63 606 333   6.8%     1 137 521   0.09%      937 606 877
remuneration
implementation
report

Special resolution
number 1 -             928 471 842   99.1%           8 210 288   0.9%      924 747    0.07%      937 606 877
Approval of
non-executive
directors’ fees                                                                                            
 
Special resolution
number 2 -
Repurchase of the      928 263 227   99.1%           8 479 769   0.9%      863 881    0.07%      937 606 877
Company’s ordinary
shares

Special resolution
number 3 -
Financial assistance
to subsidiaries and    936 642 444   100%              32 112     0%       932 321    0.07%      937 606 877
other related and
interrelated entities


*Abstentions are represented as a percentage of total issued ordinary shares

The special resolutions will to the extent necessary be filed and registered with the Companies and
Intellectual Property Commission.

Johannesburg
7 September 2022

Sponsor: Investec Bank Limited




                                                                                                        

Date: 08-09-2022 10:10:00
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