LODESTONE REIT LIMITED - Results of resolutions passed by Lodestone shareholders in terms of section 60 of the Companies Act, 2008

Results of resolutions passed by Lodestone shareholders in terms of section 60 of the Companies Act, 2008

LODESTONE REIT LIMITED
(previously Lodestone Properties Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2010/017830/06)
JSE share code: LDO ISIN: ZAE000197935
(Approved as a REIT by the JSE)
(“Lodestone” or “the company”)


RESULTS OF RESOLUTIONS PASSED BY LODESTONE SHAREHOLDERS IN TERMS OF SECTION 60 OF THE COMPANIES ACT, 2008 (“ACT”)


Shareholders are referred to the announcement released on SENS on 18 November 2015 regarding the submission to shareholders of
an ordinary resolution approving the adoption of the Lodestone share purchase scheme, a special resolution approving the provision
of financial assistance in terms of section 44 of the Act for the purchase of shares issued or to be issued, a special resolution
approving the provision of financial assistance to directors, prescribed officers and related or inter-related companies in terms of
section 45(3) of the Act and an ordinary resolution authorising any director of the company or the company secretary to implement
the resolutions (collectively, “the resolutions”) in terms of section 60 of the Act.

Shareholders are advised that the resolutions were approved and adopted by the company in terms of section 60(2) of the Act. The
voting results were as follows:

                                                                  % of shares voted  
                                                  Number of      relative to shares
Resolution proposed                            shares voted2           in issue 2,3               For1          Against1    Abstained1
                                                                                           130 909 801           271 923         2 000
Ordinary Resolution 1 - adoption of
Lodestone share purchase scheme                  131 183 724                 91,44%       being 91,25%       being 0,19%   being 0,00%
Special Resolution 1 - approval of                                                         130 909 801           271 923         2 000
provision of financial assistance for the
purchase of shares                               131 183 724                 91,44%       being 91,25%       being 0,19%   being 0,00%
Special Resolution number 2 - approval                                                                           271 923
of provision of financial assistance to                                                    130 909 801             being         2 000
directors, prescribed officers and related or
inter-related companies                          131 183 724                  91,44%      being 91,25%             0,19%   being 0,00%
                                                                                           130 909 111           271 923         2 690
Ordinary Resolution number 2 -
implementation of resolutions                    131 183 724                  91,44%      being 91,25%       being 0,19%   being 0,00%

1.      In relation to the total number of votes exercisable.
2.      Including abstentions.
3.      Based on the number of shares in issue on 13 November 2015, being 143 461 366 shares (excluding treasury shares).

Lodestone will deliver a statement in accordance with section 60(4) of the Act to shareholders in due course.


28 December 2015


Sponsor
Java Capital

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