DENEB INVESTMENTS LIMITED - Results of the Annual General Meeting

Results of the Annual General Meeting

DENEB INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/091290/06)
Share code: DNB
ISIN: ZAE000197398
(“Deneb” or the “Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting
of Deneb held at 9:00 today, 1 November 2016 at the offices of Hosken
Consolidated Investments Limited, 5th Floor, 4 Stirling Street, 
Zonnebloem, 7925 (“AGM”), all of the resolutions were passed by the 
requisite majority of Deneb shareholders.

Details of the results of voting at the AGM are as follows:

                        Votes for        Votes     Number of   Number of   Number of
                       resolution      against  shares voted      shares      shares
                             as a   resolution        at AGM    voted at   abstained
                       percentage         as a                  AGM as a        as a
                         of total   percentage                percentage  percentage
                        number of     of total                 of shares   of shares
                           shares    number of                  in issue    in issue
                         voted at       shares                       (%)         (%)
                          AGM (%)     voted at
                                       AGM (%)

Ordinary resolution 1:     99.78          0.22   370 726 143          87           0
Re-election of
director:
Mr M H Ahmed

Ordinary resolution 2:     99.78          0.22   370 726 143          87           0
Re-election of
director:
Mr J A Copelyn

Ordinary resolution 3:       100             0   370 726 143          87           0
Re-election of
director:
Mr T G Govender

Ordinary resolution 4:     99.78          0.22   370 726 143          87           0
Re-appointment of
auditor: KPMG Inc.

Ordinary resolution 5:     99.78          0.22   370 726 143          87           0
Re-appointment of
audit committee
member:
Mr M H Ahmed

Ordinary resolution 6:       100             0   370 726 143          87           0
Re-appointment of
audit committee
member:
Ms N B Jappie

Ordinary resolution 7:       100             0   370 726 143          87           0
Re-appointment of
audit committee
member:
Ms R D Watson

Ordinary resolution 8:     97.50          2.50   370 726 143          87           0
General authority to
issue shares and
options for cash

Ordinary resolution 9:     99.78          0.22   370 726 143          87           0
Advisory endorsement
of Remuneration Report
for the year ended
31 March 2016

Special resolution 1:        100             0   370 726 143          87           0
Approval of annual
fees to be paid to
non-executive
directors

Special resolution 2:        100             0   370 726 143          87           0
General authority to
repurchase company
shares

Special resolution 3:       99.78         0.22   370 726 143          87           0
General authority to
provide financial
assistance in terms of
sections 44 and 45 of
the Companies Act

Cape Town
1 November 2016

Sponsor
PSG Capital Proprietary Limited

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