TRUSTCO GROUP HOLDINGS LIMITED - Results of General meeting

Results of General meeting

TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
Registered as an external company in South Africa
(External registration number 2009/002634/10)
NSX share code: TUC
JSE share code: TTO
ISIN Number: NA000A0RF067
(“Trustco” or “the Company”)

RESULTS OF GENERAL MEETING

The Board hereby advises that at the General Meeting of Shareholders held on Tuesday, the 22nd of January
2019, the resolutions, as set out in the Notice which was incorporated in the Circular (and using the terms
defined therein in this announcement unless otherwise stated) distributed to Shareholders on 14 December
2018, were duly approved by the requisite majority of Shareholders present and voting, in person or
represented by proxy.

Shareholders are advised that:

-   the total number of Shares in issue as at the date of the General Meeting was 974 265 619 Shares;
-   the total number of shares that were present in person/represented by proxy at the General Meeting was
    934 931 459 shares being 95.96% of the total number of shares in issue;
-   the total number of Shares that were voted in person or by proxy was 354 011 017 Shares being 36.34%
    of the total number of Shares in issue (“Shares Voted”);
-   580 920 442 shares being 59.63% of the total number of Shares in issue, were not eligible for voting due
    to being held by related parties, associates of related parties or treasury shares; and
-    the abstentions are represented below as a percentage of the total number of Shares in issue while the
     Shares voted for and against are represented below as a percentage of the Shares Voted excluding
     abstentions.

Details of the results of the voting are as follows:


    Resolution                                                        Shares voted
                                                   Shares voted for                     Shares abstained
                                                                      against


    Ordinary Resolution Number 1                       353 997 025         10 384              3 608
    Approval of the Loan Transaction                    99.9960%          0.0029%            0.0004%


    Ordinary Resolution Number 2                       353 969 037         38 372              3 608
    Approval of the issuance of the Conversion          99.9881%          0.0108%            0.0004%
    Option


    Ordinary Resolution Number 3                       353 969 037         10 384             31 596
    Authority granted to Directors                      99.9881%          0.0029%            0.0032%



Windhoek, Namibia
22 January 2019


Amanda Bruyns
Company Secretary: Trustco Group Holdings Limited


JSE Sponsor
Vunani Corporate Finance


NSX Sponsor
Simonis Storm Securities Proprietary Limited

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