MONEYWEB HOLDINGS LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

MONEYWEB HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/025067/06)

Share Code: MNY                        ISIN: ZAE000025409

(“the company”)


RESULTS OF ANNUAL GENERAL MEETING (“AGM”)




Shareholders are advised that all the resolutions contained in the notice convening the AGM were
approved by the requisite majorities of shareholders present in person or represented by proxy at
the AGM of the company held on 18 November 2014.


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


Resolution proposed                       Total number of           Votes      Votes      Abstentions:
                                              votes cast:              in    against:      % of issued
                                             number (% of          favour:          %    share capital
                                             issued share                %
                                                  capital)
Ordinary resolution 1: approval of             60,181,049             100%         0%               0%
annual financial statements                       (56.47%)
Ordinary resolution 2: re-appointment          60,181,049           94.32%      0.43%            5.25%
of BDO South Africa Inc. as auditors              (56.47%)
and JG Marais as designated auditor
Ordinary resolution 3: re-appointment          60,181,049             100%         0%               0%
of W van der Merwe as chairman of                 (56.47%)
audit committee
Ordinary resolution 4: re-appointment          60,181,049             100%         0%               0%
of V Mcobothi as member of audit                  (56.47%)
committee
Ordinary resolution 5: re-appointment          60,181,049             100%         0%               0%
of L Sipoyo as member of audit                    (56.47%)
committee
Ordinary resolution 6: approval on a           60,181,049             100%         0%               0%
non-binding advisory basis of the                 (56.47%)
remuneration policy of the company
Ordinary resolution 7: renew general           60,181,049           94.32%      5.68%               0%
authority to issue shares for cash                (56.47%)
Ordinary resolution 8: granting                60,181,049             100%         0%               0%
authority for a director or the company           (56.47%)
secretary to give effect to resolutions
Special resolution 1: approval of              60,181,049             100%         0%               0%
financial assistance to related or inter-         (56.47%)
related parties to the company in
terms of section 44 of the Companies
Act
Special resolution 2: approval of              60,181,049             100%         0%               0%
financial assistance for the purchase             (56.47%)
of or subscription for shares in the
company or related or inter-related
parties to the company in terms of
section 45 of the Companies Act
Special resolution  3: renewal of              60,181,049             100%         0%               0%
general authority to repurchase                   (56.47%)
ordinary shares in the company
Special resolution 4: approval of non-         60,181,049             100%         0%               0%
executive directors’ fees                         (56.47%)



By order of the board.



Johannesburg
18 November 2014


Sponsor
Arbor Capital Sponsors Proprietary Limited

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