SEPHAKU HOLDINGS LIMITED - Results of the Annual General Meeting

Results of the Annual General Meeting

Sephaku Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/003306/06)
Share code: SEP
ISIN: ZAE000138459
(“SepHold” or “the Company”)


Results of the Annual General Meeting


Shareholders are advised that at the Annual General Meeting of SepHold shareholders held today,
21 September 2017, all the ordinary and special resolutions proposed thereat, were approved by the
requisite majority of votes. The voting results are set out hereunder:


 Resolutions:                             Shares voted             Votes       Votes        Votes
                                                                 Abstained      for        against
                                         Number          % (1)         % (1)      % (2)       % (2)
 Ordinary resolution number 1.1       112 315 645        55.34          0.06     100.00       0.00
 Re-election of B Williams as a
 director
 
 Ordinary resolution number 1.2       112 315 645        55.34          0.06      98.42       1.58
 Re-election of PF Fourie as a
 director

 Ordinary resolution number 1.3       112 315 645        55.34          0.06      99.89       0.11
 Ratification of the appointment of
 B Maluleke as a director

 Ordinary resolution number 2         112 315 645        55.34          0.06      99.89       0.11
 Re-appointment of Grant Thornton
 Johannesburg Partnership as the
 Company’s auditor

 Ordinary resolution number 3.1       112 315 645        55.34          0.06      99.90       0.10
 Appointment of PM Makwana as a
 member of the Audit and Risk
 Committee

 Ordinary resolution number 3.2       112 315 645        55.34          0.06     100.00          -
 Appointment of MJ Janse van
 Rensburg as a member and the
 Chairman of the Audit and Risk
 Committee

 Ordinary resolution number 3.3       112 315 645        55.34          0.06      99.90       0.10
 Appointment of B Maluleke as a
 member of the Audit and Risk
 Committee

 Ordinary resolution number 4         112 299 197        55.33          0.07      94.59       5.41
 General authority to issue shares
 for cash

 Ordinary resolution number 5         112 249 241        55.30          0.09      94.34       5.66
 Non-binding advisory vote
 regarding the Company’s
 remuneration policy

 Ordinary resolution number 6         112 313 291        55.34          0.06      99.90       0.10
 Directors’ authorising resolution

 Special resolution number 1          112 383 551        55.37          0.02      99.92       0.08
 General authority to repurchase
 securities
 
 Special resolution number 2          112 263 735        55.31          0.08      99.90       0.10
 Non-executive directors’
 remuneration

 Special resolution number 3          112 299 197        55.33          0.07      97.62       2.38
 General authority regarding the
 provision of financial assistance
 per section 44 of the Companies
 Act

 Special resolution number 4          109 850 206        54.12          1.27      95.88       4.12
 General authority regarding the
 provision of financial assistance to
 present or future subsidiaries per
 section 45 of the Companies Act

Notes:
1. As a percentage of total shares in issue.
2. As a percentage of shares voted.

Chief Executive Officer
Dr Lelau Mohuba

21 September 2017
_______________________________________________________________________________

Enquiries contact: Sakhile Ndlovu             Sephaku Holdings            Investor Relations          012 612 0210

Sponsor to Sephaku Holdings: Questco Corporate Advisory (Pty) Ltd


About Sephaku Holdings Limited

Sephaku Holdings Limited is a building and construction materials company with a portfolio of investments in the cement and
mixed concrete sectors in South Africa. The company’s core investments are a 36% stake in Dangote Cement South Africa (Pty)
Ltd and 100% in Métier Mixed Concrete (Pty) Ltd. SepHold’s strategy is to generate income and realise value for shareholders
through the production of cement and ready mixed concrete in Southern Africa.

www.sephakuholdings.com

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