Wrap Text
Results of the Annual General Meeting of Growthpoint Properties Limited and Changes to the Board
Growthpoint Properties Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration number 1987/004988/06)
Share code: GRT
ISIN: ZAE000179420
("Growthpoint” or “the Company”)
RESULTS OF THE ANNUAL GENERAL MEETING OF GROWTHPOINT PROPERTIES LIMITED (THE “AGM”) AND CHANGES TO THE BOARD
Growthpoint’s AGM was held on 12 November 2019. All resolutions proposed at the AGM were
decided on a poll. The results of the poll on each resolution dealt with are reflected in the table
below.
On the record date for the AGM (1 November 2019) Growthpoint had 2,970,981,288 ordinary
shares in issue and 2,946,611,046 shares (excluding Treasury Shares) were eligible for voting.
During the year, Growthpoint had engaged extensively with shareholders on both remuneration
and general AGM matters. This positive engagement is evident in the outcome of the voting at the
AGM and we would like to thank shareholders for their time and valuable guidance.
Resolutions No of Issued % of Votes in Favour % in Votes % Votes Result
Shares Voted issued favour Against Against Abstained
shares (% of issued
shares)
1.1 Adoption of annual No vote required
financial statements
1.2 Election of Directors
appointed by the
Board
1.2.1 Mr FM Berkeley 2,261,734,792 76.64 2,261,351,290 99.98 383,502 0.02 0.48 Passed
1.2.2 Mr JA van Wyk 2,261,734,792 76.64 2,261,370,290 99.98 364,502 0.02 0.48 Passed
1.3 Re-election of non-
executive directors
who retired by
rotation:
1.3.1 Ms LA Finlay 2,261,734,792 76.64 2,148,583,944 95.00 113,150,848 5.00 0.48 Passed
1.3.2 Mr SP Mngconkola 2,261,715,792 76.64 2,252,121,958 99.58 9,593,834 0.42 0.48 Passed
1.3.3 Mrs NBP Nkabinde 2,261,715,792 76.64 2,166,711,759 95.80 95,004,033 4.20 0.48 Passed
1.4 Election of audit
committee members
1.4.1 Mr FM Berkeley 2,261,734,792 76.64 2,256,572,800 99.77 5,161,992 0.23 0.48 Passed
1.4.2 Ms LA Finlay 2,261,734,792 76.64 2,164,563,997 95.70 97,170,795 4.30 0.48 Passed
1.5 Appointment of EY 2,261,737,308 76.64 2,244,138,482 99.22 17,598,826 0.78 0.48 Passed
Inc. as auditor
1.6.1 Advisory, non- 2,261,242,949 76.63 2,202,648,153 97.41 58,594,796 2.59 0.49 Passed
binding approval of
remuneration
policy
1.6.2 Advisory, non-binding 2,261,242,949 76.63 2,193,760,489 97.02 67,482,460 2.98 0.49 Passed
approval of
remuneration policy
implementation
1.7 To place the unissued 2,261,738.209 76.64 1,693,553,733 74.88 568,184,476 25.12 0.48 Passed
authorised ordinary
shares of the
Company under the
control of the
directors
1.8 Specific and 2,261,738,409 76.64 2,243,624,480 99.20 18,113,929 0.80 0.48 Passed
exclusive authority to
issue ordinary shares
to afford
shareholders
distribution
reinvestment
alternatives
1.9 General but restricted 2,261,738,009 76.64 2,124,701,311 93.94 137,036,698 6.06 0.48 Passed
authority to issue
shares for cash (75%
in favour required)
1.10 To receive and 2,260,700,911 76.61 2,159,826,316 95.54 100,874,595 4.46 0.51 Passed
accept the report of
the Social, Ethics and
Transformation
Committee
2.1 Special resolution: 2,261,739,579 76.64 2,146,846,078 94.92 114,893,501 5.08 0.48 Passed
Non-executive
directors’ fees:
financial year ending
30 June 2010
2.2 Special resolution: 2,260,702,352 76.61 2,257,872,363 99.87 2,829,989 0.13 0.51 Passed
Financial assistance
to related and inter-
related companies
2.3 Special resolution: 2,262,037,409 76.65 2,069,792,950 91.50 192,244,459 8.50 0.47 Passed
Authority to
repurchase ordinary
shares
CHANGES TO THE BOARD OF DIRECTORS
Growthpoint regretfully announces the resignation of Ms Zukie Siyotula as independent Non-executive
Director from the Growthpoint Board to pursue personal endeavours. The resignation is effective 12
November 2019.
As Zukie was due for re-election to the Audit Committee at the Company’s Annual General Meeting
held today, 12 November 2019, the resolution dealing with her re-election, namely ordinary resolution
1.4.3 was withdrawn.
Date: 12 November 2019
Investec Bank Limited
Sponsor to Growthpoint
Date: 12/11/2019 02:38:00
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.
Sharenet Sites 
