AFRICAN DAWN CAPITAL LIMITED - Results of the General Meeting

Results of the General Meeting

AFRICAN DAWN CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/020520/06)
Share code: ADW
ISIN Code: ZAE000223194
(“Afdawn” or “the Company”)

RESULTS OF THE GENERAL MEETING

Shareholders are hereby advised that at the general meeting of the Company held at 10:00
today, Monday, 26 November 2018 at the offices of BDO, 6th Floor, 119 - 123 Hertzog
Boulevard, Foreshore, Cape Town (“GM”), all of the resolutions were passed by the requisite
majorities of the Company’s shareholders.

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

                                            Votes
                         Votes for        against
                        resolution     resolution                   Number of     Number of
                              as a           as a                      shares        shares
                        percentage     percentage                 voted at GM     abstained
                          of total       of total                        as a          as a
 Resolutions             number of      number of     Number of    percentage    percentage
 proposed at the            shares         shares        shares  of shares in  of shares in
 GM                    voted at GM    voted at GM   voted at GM         issue         issue
 
 Ordinary resolution
 number 1:
 Approval of
 Specific Issue in
 terms of JSE
 Listings
 Requirements              99.532%         0.468%     12 822 587      58.484%        0.061%
 
 Special resolution
 number 1:
 Approval of
 Specific Issue in
 terms of the
 Companies Act             99.532%         0.468%     12 822 587      58.484%        0.061%
 
 Ordinary resolution
 number 2:
 Waiver of the
 Mandatory Offer           99.448%         0.552%     12 822 671      58.484%        0.060%

Cape Town
26 November 2018

Designated Advisor: PSG Capital

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