ORION REAL ESTATE LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

ORION REAL ESTATE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/021085/06)
Share Code: ORE ISIN: ZAE000075651
("Orion" or “the Company”)


RESULTS OF ANNUAL GENERAL MEETING (“AGM”)


Shareholders are advised that, at the AGM of Orion ordinary shareholders held on
18 June 2019, as convened in terms of the notice of AGM incorporated in the Company's
integrated annual report for the year ended 30 June 2018, all the resolutions proposed at
the AGM were passed by the requisite number of shareholders.

The following information is provided:

Total number of issued listed ordinary shares                                     630 698 688
Total number of ordinary shares represented and eligible to vote at the
AGM                                                                               596 968 861
Percentage of ordinary shares represented at the AGM                                   94.65%

The resolutions proposed at the AGM, together with the percentage of votes carried for
and against each resolution, are set out below:

                                        
                                            Total                                      Abstain
                                        number of           For          Against  (% of issued
 Resolution proposed                   votes cast   (% of total      (% of total         share
                                       (excluding   votes cast)      votes cast)      capital)
                                     abstentions)
 
 Ordinary Resolution Number 1        593 356 745    593 311 745           45 000     3 612 116
 Auditors’ report                                     (99.99%)          (0.01%)       (0.57%)

 Ordinary Resolution Number 2        593 356 745    593 311 745           45 000     3 612 116
 Adoption of annual financial                          (99.99%)          (0.01%)       (0.57%)
 statements

 Ordinary Resolution Number 3        593 356 745    593 311 745           45 000     3 612 116
 Re-appointment of director: Dr                        (99.99%)          (0.01%)       (0.57%)
 AC Gmeiner

 Ordinary Resolution Number 4        593 356 745    593 311 745           45 000     3 612 116
 Re-appointment of director:                           (99.99%)          (0.01%)       (0.57%)
 Mr TFJ Oosthuizen

 Ordinary Resolution Number 5        593 356 745    593 311 745           45 000     3 612 116
 Re-appointment of director: Mr                        (99.99%)          (0.01%)       (0.57%)
 RS Wilkinson

 Special Resolution Number 1         593 356 745    593 311 745           45 000     3 612 116
 Remuneration of non-                                  (99.99%)          (0.01%)       (0.57%)
 executive directors

 Special Resolution Number 2         593 356 745    593 311 745           45 000     3 612 116
 Financial assistance in terms of                      (99.99%)          (0.01%)       (0.57%)
 section 45 of the Companies
 Act

 Ordinary Resolution Number 6        593 356 745    593 311 745           45 000     3 612 116
 Appointment of auditor                                (99.99%)          (0.01%)       (0.57%)

 Ordinary Resolution Number 7        593 356 745    593 311 745           45 000     3 612 116
 Appointment of member to                              (99.99%)          (0.01%)       (0.57%)
 the Audit & Risk Management
 Committee: Mr TFJ Oosthuizen

 Ordinary Resolution Number 8        593 356 745    593 311 745           45 000     3 612 116
 Appointment of member to                              (99.99%)          (0.01%)       (0.57%)
 the Audit & Risk Management
 Committee: Mr MDK Mthembu

 Ordinary Resolution Number 9        593 356 745    593 311 745           45 000     3 612 116
 Appointment of member to                              (99.99%)          (0.01%)       (0.57%)
 the Audit & Risk Management
 Committee: Mr RS Wilkinson

 Ordinary Resolution Number 10       593 356 745    593 311 745           45 000     3 612 116
 Non-binding shareholders vote                         (99.99%)          (0.01%)       (0.57%)
 in favour of the Company’s
 remuneration policy

 Ordinary Resolution Number 11       593 356 745    593 311 745           45 000     3 612 116
 Non-binding shareholders vote                         (99.99%)          (0.01%)       (0.57%)
 in favour of the
 implementation of
 the remuneration policy

 Ordinary Resolution Number 12       593 356 745    593 311 745           45 000     3 612 116
 General authority to issue                            (99.99%)          (0.01%)       (0.57%)
 shares (not applicable to issues
 of shares for cash) 

 Ordinary Resolution Number 13       593 356 745    593 311 745           45 000     3 612 116
 General authority to allot and                        (99.99%)          (0.01%)       (0.57%)
 issue shares for cash

 Ordinary Resolution Number 14       593 356 745    593 311 745           45 000     3 612 116
 Appointment of Mr AJ                                  (99.99%)          (0.01%)       (0.57%)
 Ritzlmayr as Financial Director


Johannesburg
19 June 2019

Sponsor
Arbor Capital Sponsors Proprietary Limited

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