NOVUS HOLDINGS LIMITED - Results of Annual General Meeting held on 18 August 2017

Results of Annual General Meeting held on 18 August 2017

Novus Holdings Limited
(Incorporated in the Republic of South Africa)
JSE share code: NVS
ISIN: ZAE000202149
Registration number: 2008/011165/06
(“Novus Holdings”, “the Company” or “the Group”)


RESULTS OF ANNUAL GENERAL MEETING HELD ON 18 AUGUST 2017


Shareholders are advised that at the Annual General Meeting (“AGM”) of Novus Holdings held today at
the Group’s registered office at 10 Freedom Way, Marconi Beam, Montague Gardens in Cape Town, all
the resolutions set out in the notice were duly passed by the requisite majority of shareholders.

  Total issued number of ordinary shares:                                             347 332 454
  Number of ordinary shares that could have been voted at the meeting:                319 545 857
  Total number of ordinary shares represented at the AGM:                             296 238 220
  Percentage of ordinary shares represented at the meeting:                             85.29%

The voting details with respect to the proposed resolutions were as follows:

  Resolution Proposed                             Votes in Favour     Votes Against     Abstentions

  Ordinary resolution number 1:                    296 232 970              -              5 250
  Consideration and Acceptance of Financial           100%                                0.00%
  Statements

  Ordinary resolution number 2:                     296 054 203          178 767           5 250
  Appointment of auditor –                            99.94%              0.06%            0.00%
  PriceWaterhouseCoopers (PWC)

  Ordinary resolution number 3.1:                   296 232 970                -           5 250
  Confirmation of Appointment of Executive             100%                                0.00%
  Director – Keith Anthony Vroon

  Ordinary resolution number 3.2:                   296 232 970                -           5 250
  Confirmation of Appointment of Executive             100%                                0.00%
  Director – Edrich Fivaz

  Ordinary resolution number 4.1:                   296 232 970                -           5 250
  Confirmation of Appointment of Non-                  100%                                0.00%
  Executive Director – Neil William Birch

  Ordinary resolution number 4.2:                   296 232 970                -           5 250
  Confirmation of Appointment of Non-                  100%                                0.00%
  Executive Director – Cindy Joy Hess

                                                                                 
  Ordinary resolution number 5.1:                   286 544 657           9 688 313        5 250
  Re-election of Non-Executive Director –             96.73%               3.27%           0.00%
  Sandile Donald Muziwenkosi Zungu

  Ordinary resolution number 5.2:                   296 232 970                -           5 250
  Re-election of Non-Executive Director - Jan          100%                                0.00%
  Naudé Potgieter

  Ordinary resolution number 5.3:                   295 003 727            1 229 243       5 250
  Re-election of Non-Executive Director –             99.59%                0.41%          0.00%
  Gugulethu Patricia Dingaan

  Ordinary resolution number 6.1:                   295 578 790             654 180        5 250
  Re-appointment of member of Audit                   99.78%                0.22%          0.00%
  Committee – Bernard John Olivier

  Ordinary resolution number 6.2:                   295 003 727            1 229 243       5 250
  Re-appointment of member of Audit                   99.59%                0.41%          0.00%
  Committee – Gugulethu Patricia Dingaan

  Ordinary resolution number 6.3:                   296 232 970                 -          5 250
  Re-appointment of member of Audit                    100%                                0.00%
  Committee – Christoffel Botha

  Ordinary resolution number 7.1:                   248 381 021           10 535 159       37 322 040
  Endorsement of Novus Holdings                       95.93%                4.07%          12.60%
  remuneration policy

  Ordinary Resolution number. 7.2:                  248 381 021           10 535 159        37 322 040
  Endorsement of implementation of the                95.93%                4.07%          12.60%
  remuneration policy

  Ordinary resolution number 8: General             257 934 759           34 408 095        3 895 366
  authority to Directors to allot and issue           88.23%               11.77%            1.31%
  authorised but unissued ordinary shares

  Ordinary resolution number 9:                     257 934 759           34 408 095        3 895 366
  General authority to issue ordinary shares for      88.23%                11.77%            1.31%
  cash

  Ordinary resolution number 10:                    296 232 970                 -            5 250
  Signing Powers                                       100%                                  0.00%

  Special resolution number 1:                      296 054 203               178 767        5 250
  Remuneration of Directors                           99.94%                    0.06%        0.00%

  Special resolution number 2:                      282 921 397             13 311 573       5 250
  Approval of financial assistance i.t.o. section     95.51%                    4.49%        0.00%
  44 of the Companies Act

  Special resolution number 3:                      296 054 203                178 767       5 250
  Approval of financial assistance i.t.o. section     99.94%                    0.06%        0.00%
  45 of the Companies Act

By order of the Board

Cape Town

18 August 2017
Sponsor: Investec Bank Limited

                                                                                            

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