BK ONE LIMITED - Results of general meeting of preference shareholders, change to the board of directors and annual general meeting

Results of general meeting of preference shareholders, change to the board of directors and annual general meeting

BK One Limited
Incorporated in the Republic of South Africa
Registration Number: 2011/008103/06
Preference Share Code: BK1P
ISIN: ZAE000161352
“BK One” or “the company”


RESULTS OF GENERAL MEETING OF PREFERENCE SHAREHOLDERS, CHANGE TO THE BOARD OF DIRECTORS AND
ANNUAL GENERAL MEETING

RESULTS OF GENERAL MEETING OF PREFERENCE SHAREHOLDERS

BK One preference shareholders are advised that the voting results for the general meeting of BK One preference
shareholders (“the general meeting”) held on 01 October 2015 were as follows:

 Resolution                                    Number of      Percentage of       For**        Against**   Abstained**
                                               preference       preference           %                %             %
                                             shares voted   shares in issue*
                                                                          %
 Special resolution number 1                   18 008 433              74%         11%              83%            6%
 Authorisation of allotment of remaining
 authorised but unissued preference shares
 by directors
 Ordinary resolution number 1                  18 008 433              74%         17%              83%             -
 Authority to sign all documents required


*         Based on 24 492 823 preference shares in issue at the date of the general meeting.
**        In relation to the total number of preference shares voted at the general meeting.

Based on the above voting results, all resolutions were not passed by the requisite majority of BK One preference
shareholders present in person or represented by proxy at the general meeting.

CHANGE TO THE BOARD OF DIRECTORS

In compliance with paragraph 3.59 of the JSE Listing Requirements, shareholders are advised that Mr. Peter Gaylard
has resigned as director of the Company with effect from 1 October 2015. The Board is currently exploring options for
a successor for the vacant non-executive position and will advise shareholders as soon as it has finalised a new
appointment. The Board wishes Peter all the very best in his retirement.

ANNUAL GENERAL MEETING OF UNLISTED ORDINARY SHAREHOLDERS

BK One ordinary shareholders are advised that the Annual General Meeting held on Thursday, 1 October 2015 was not
quorate according to section 64 of the Companies Act no.71 of 2008 and the Company’s Memorandum of
Incorporation. The Annual General Meeting was accordingly postponed without any motion, vote or further notice for
1 (one) week until Thursday, 8 October 2015 at 4 pm at the same venue. No other business will be on the agenda for
the postponed Annual General Meeting.


Johannesburg
02 October 2015

Sponsor
Nedbank CIB

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