HULISANI LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

HULISANI LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2015/363903/06)
Share code: HUL ISIN: ZAE000212072
(“Hulisani” or “the Company”)

RESULTS OF ANNUAL GENERAL MEETING (“the AGM”)

Shareholders are referred to the AGM which was held at 4th Floor,
90 Rivonia Road, Sandton today, 18 October 2017 at 11h00 and are
advised that in terms of paragraph 3.91 of the JSE Listings
Requirements, all ordinary and special resolutions proposed in
the Notice of Annual General Meeting were passed, by the
requisite number of shareholders present and represented by proxy
and being entitled to vote at the AGM.

The resolutions proposed, and the details of results are set out
below:
                                            Votes   Shares abstained
                           Votes for      against    as a percentage
                          resolution   resolution   (%) of shares in
                               (%) *        (%) *              issue


Ordinary resolution              100            -                  -
number 1: Re-election
of retiring directors
– Reappointment of MH
Zilimbola


Ordinary resolution              100            -                  -
number 2: Re-election
of retiring directors
– Reappointment of H
Schaaf

Ordinary resolution              100            -                  -
number 3: Re-election
of retiring directors
– Reappointment of AV
Notshe

Ordinary resolution              100            -                  -
number 4:
Confirmation of
election of B Marx
Ordinary resolution              100            -                  -
number 5:
Confirmation of
election of M Dem

Ordinary resolution              100            -                  -
number 6: Election of
members of the audit
and risk committee
– appointment of B
Marx

Ordinary resolution              86.34         13.66               -
number 7: Election of
members of the audit
and risk committee
– appointment of M
Zilimbola

Ordinary resolution              100               -               -
number 8: Election of
members of the audit
and risk committee
– appointment of H
Schaaf

Ordinary resolution              100               -               -
number 9: Election of
members of the audit
and risk committee
– appointment of NP
Gosa


Ordinary resolution             86.34            13.66             -
number 10:
Endorsement of
remuneration policy

Ordinary resolution             86.34            13.66             -
number 11: General
authority to issue
shares for cash

Ordinary resolution               100               -              -
number 12:
Appointment of PWC as
auditors

Special resolution                 100              -              -
number 1:
Remuneration of non-
executive director
  
Special resolution                 100             -                -
number 2: Inter-  
company financial
assistance
Special resolution                100             -                  -
number 3: Financial
assistance for
subscription
Special resolution                86.34         13.66                -
number 4: General
authority to
repurchase shares

Note * - In relation to the total number of shares voted at the AGM

Total shares voted in person or by proxy amounted to 95% of total
issued share capital, being 47 467 803 voted shares.


Johannesburg

18 October 2017

Sponsor: PSG Capital Proprietary Limited

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