ORION REAL ESTATE LIMITED - Results of General Meeting

Results of General Meeting

ORION REAL ESTATE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/021085/06)
Share Code: ORE ISIN: ZAE000201695
("Orion Real Estate" or “the Company”)


RESULTS OF GENERAL MEETING


Shareholders are advised that at the General Meeting of shareholders held on Tuesday,
4 October 2016, all the resolutions tabled at the meeting were passed by the requisite
majority of Orion shareholders.

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

Number of ordinary shares represented at the General Meeting                            605 772 702
Total number of Orion shares in issue at the date of the General Meeting                630 698 688

Percentage of ordinary shares represented at meeting                                        96.05%

                                                           Number of votes (one vote per share)
                                                                   For       Against        Abstain
 Ordinary resolution number 1:                           No of shares: No of shares:   No of shares:
                                                           11 795 794      5 109 476             Nil
 Approval of Acquisition                                        69.8%          30.2%
 Special Resolution number 1:                            No of shares: No of shares:   No of shares:
                                                          599 005 945      6 766 757             Nil
 Approval of issue of more than 30% new shares                  98.8%           1.2%
 Ordinary resolution number 2:                           No of shares: No of shares:   No of shares:
                                                          599 005 945      6 766 757             Nil
 Approval of Specific Issue of Shares for Cash                  98.8%           1.2%
 Special resolution number 2                             No of shares: No of shares:   No of shares:
                                                          605 772 702             Nil            Nil
 Approval of Section 44 Financial Assistance                   100.0%             -%             -%
 Ordinary resolution number 3:                           No of shares: No of shares:   No of shares:
                                                          605 772 702             Nil            Nil
 Directors’ authority to sign necessary documentation          100.0%             -%             -%


Johannesburg
5 October 2016

Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 05/10/2016 05:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.