GAIA INFRASTRUCTURE CAPITAL LIMITED - Results of General Meeting of Shareholders

Results of General Meeting of Shareholders

Gaia Infrastructure Capital Limited
(previously Gaia Capital Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2015/115237/06)
Share Code: GAI
ISIN ZAE000210555
(“Gaia” or “the Company”)

RESULTS OF GENERAL MEETING OF SHAREHOLDERS (“GENERAL MEETING”)

1.   INTRODUCTION

     Shareholders are referred to the SENS announcements released by Gaia on 12 July 2016 and 19
     September 2016, regarding the proposed acquisition by Gaia of an effective see-through economic
     interest of 25.2% in Dorper Wind Farm (RF) Proprietary Limited (“Acquisition”), which Acquisition
     constitutes the acquisition of a viable asset in terms of the JSE Listings Requirements. Detailed
     information regarding the proposed Acquisition appears in the circular to Gaia shareholders dated
     19 September 2016 (“Circular”).

2.   RESULTS OF THE GENERAL MEETING

     Shareholders are advised that at the General Meeting of Gaia held today, 18 October 2016, in order
     to consider and approve the Acquisition, the following resolutions set out in the notice of General
     Meeting were passed by the requisite majorities of Gaia shareholders as set out below (Ordinary
     Resolution Numbers 3 and 4 and Special Resolution Number 1 were withdrawn prior to the General
     Meeting):

                                Votes for    Votes        Number of      Number of      Number of
                                as a         against as   shares voted   shares voted   shares
                                percentage   a            at the         as a           abstained as a
                                of total     percentage   General        percentage     percentage of
                                number of    of total     Meeting        of shares      shares in issue
                                shares       number of                   entitled to    (%)
                                voted (%)    shares                      vote (%)
                                             voted (%)
    
    Ordinary Resolution           57.74       42.26      47 386 315       87.10*           0.00
    Number 1: Approval of
    the Acquisition

    Ordinary Resolution           58.40       41.60      48 138 616       87.28            0.00
    Number 2: Use and
    retention of Residual
    Capital

    Ordinary Resolution           58.40       41.60      48 138 616       87.28            0.00
    Number 5: Approval of
    Investment Policy


     Notes:
      - Any terms appearing in title case in the table above and that are not defined in this
         announcement, shall bear the meanings assigned to them in the Circular and notice of General
         Meeting.
      - *752 301 of the shares in issue are held by TriAlpha Specialised Investment Trust III, which
         were not entitled to vote. The number of shares voted in respect of Ordinary Resolution
         Number 1 as a percentage of shares in issue amounts to 85.90%.

For further details, please contact KP Lebina at prudence@gaiaip.com or on +27 11 684 1230.

18 October 2016
Cape Town



Sponsor
PSG Capital Proprietary Limited

Date: 18/10/2016 04:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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