LABAT AFRICA LIMITED - Results of General Meeting

Results of General Meeting

LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB
 ISIN: ZAE000018354
(“Labat” or “the company” or “the group”)



RESULTS OF ANNUAL GENERAL MEETING (“AGM”)


Further to the announcement released on SENS on 23 September 2014, shareholders are advised
that at the general meeting of Labat held on 28 November 2014, convened in terms of the notice
of general meeting contained in the Annual Report, the voting information is as follows:

Number of ordinary shares represented at the meeting                     149 054 405
Total issued number of ordinary shares                                   259 202 297
Percentage of ordinary shares represented at the meeting                 58%

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

                                                       For    Against:     Abstain              Total
Resolution proposed                                     %           %            %       shares voted
Ordinary resolution number 1:                  148 951 405          -      103 000
Approval of financial statements                       100%         -         0.07%        149 054 405

Ordinary resolution number 2:                  148 951 405          -      103 000         149 054 405
Re-appointment of auditors                             100%         -         0.07%

Ordinary resolution number 3:                  148 931 515     19 890      103 000
Director retirement and re-election                  99.99%      0.01%        0.07%        149 054 405

Ordinary resolution number 4:                  148 931 515     19 890      103 000
Director retirement and re-election                  99.99%      0.01%        0.07%        149 054 405

Ordinary resolution number 5:                  110 036 515          -            -
Director appointment                                   100%         -            -         110 036 515

Ordinary resolution number 6:                  148 931 515     19 890      103 000
Re-appointment of Audit committee                    99.99%      0.01%        0.07%        149 054 405
members

Ordinary Resolution 7:                         148 931 515     19 890      103 000
Appointment of Audit committee                       99.99%      0.01%        0.07%        149 054 405
members

Ordinary Resolution 8:                         148 951 405          -      103 000
Approval of remuneration policy                        100%         -         0.07%        149 054 405
                                               

Ordinary Resolution 9:                         148 931 515     19 890      103 000         149 054 405
Approval to issue ordinary shares for cash           99.99%      0.01%        0.07%

Special Resolution 1:                          148 951 405          -      103 000         149 054 405
Non-executive Directors Remuneration                   100%         -         0.07%

Special Resolution 2:                          148 951 405          -      103 000         149 054 405
General Authority to enter into funding                100%         -         0.07%
agreements, provide loans or other
financial assistance

Special Resolution 3: General authority to     148 951 405          -      103 000         149 054 405
repurchase the company’s securities                    100%         -         0.07%

By order of the board.

Johannesburg
1 December 2014

Sponsor
Arbor Capital Sponsors Proprietary Limited

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