CSG HOLDINGS LIMITED - Category 1 Disposal Results Of General Meeting

Category 1 Disposal – Results Of General Meeting

CSG HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2006/011359/06)
Share code: CSG
ISIN: ZAE000184438
(“CSG” or “the Company”)

CATEGORY 1 DISPOSAL – RESULTS OF GENERAL MEETING

Shareholders are referred to the Company’s various announcements released on SENS
regarding the intended disposal by the Company, through its wholly-owned subsidiary,
7 Arrows Security Proprietary Limited with registration number: 2015/208415/07 (“7 Arrows”),
of a certain specified part of the armed response and monitoring business of 7 Arrows, which
encompasses the provision of armed response and monitoring services to clients of 7 Arrows,
and a certain specified part of the residential guarding business of 7 Arrows, which
encompasses the provisions of residential guarding services to clients of 7 Arrows, to Fidelity
ADT Monitoring Proprietary Limited, with registration number: 1996/017820/07, for a disposal
consideration of R65,850,000 (sixty-five million eighty hundred and fifty thousand Rand)
(“Disposal”), as well as to the Company’s circular in this regard, dated 20 August 2020
(“Circular”).

Capitalised terms used below and that are not otherwise defined, bear the meanings ascribed
to them in the Circular.

Shareholders are hereby advised that at the General Meeting of the Company held at CSG’s
offices, Equity Park, Block A, 257 Brooklyn Road, Brooklyn, Pretoria at 10:00 today, Thursday,
17 September 2020, all of the ordinary resolutions were passed by the requisite majority of
Shareholders.

Details of the results of the voting at the General Meeting are as follows:

 Resolutions     Votes for       Votes           Number of       Number of      Number of
 proposed at     resolution      against         Shares          Shares         Shares
 the General     as a            resolution      voted at the    voted as a     abstained
 Meeting         percentage      as a            General         percentage     as a
                 of total        percentage      Meeting         of the votes   percentage
                 number of       of total                        exercisable    of the votes
                 Shares          number of                       at the         exercisable
                 voted at the    Shares                          General        at the
                 General         voted at the                    Meeting        General
                 Meeting         General                                        Meeting
                                 Meeting
 
 Ordinary        99.97%          0.03%           311 367 004     59.73%         0.10%
 Resolution
 Number 2:
 Approval of
 the Disposal
 
 Ordinary        99.97%          0.03%           311 367 004     59.73%         0.10%
 Resolution
 Number 2:
 Granting of
 Directors’
 authority

The total number of Shares in issue (net of treasury Shares) as at the date of the General
Meeting was 521 288 496.

Pretoria
17 September 2020

Sponsor
PSG Capital

Date: 17-09-2020 02:00:00
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