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Results of annual general meeting and retirement of non-executive director
SA Corporate Real Estate Limited
Incorporated in the Republic of South Africa
Share Code: SAC ISIN Code: ZAE000203238
(Registration number 2015/015578/06)
(Approved as a REIT by the JSE)
(“SA Corporate” or “the Company”)
RESULTS OF ANNUAL GENERAL MEETING AND RETIREMENT OF NON-EXECUTIVE DIRECTOR
Results of Annual General Meeting
Shareholders are advised that the voting results for the annual general meeting (“AGM”) of SA Corporate held on
Monday, 6 June 2022 were as follows:
Resolution Number of Percentage For** Against** Abstained
shares voted of shares in ***
issue*
Ordinary resolution number 1:
Re-election of Mr MA Moloto as an
independent non-executive director of the
Company 2 166 462 362 86,15% 100,00% 0,00% 0,09%
Ordinary resolution number 2:
Re-election of Ms EM Hendricks as an
independent non-executive director of the
Company 2 166 462 362 86,15% 100,00% 0,00% 0,09%
Ordinary resolution number 3:
Election of Mr SY Moodley as an executive
director of the Company 2 166 462 362 86,15% 100,00% 0,00% 0,09%
Ordinary resolution number 4.1:
Election of Ms N Ford-Hoon (Fok) as a
member of the Audit and Risk Committee 2 166 462 362 86,15% 100,00% 0,00% 0,09%
Ordinary resolution number 4.2:
Election of Mr GJ Heron as a member of the
Audit and Risk Committee 2 166 462 362 86,15% 100,00% 0,00% 0,09%
Ordinary resolution number 4.3:
Election of Ms SS Mafoyane as a member of
the Audit and Risk Committee 2 166 462 362 86,15% 98,48% 1,52% 0,09%
Ordinary resolution number 5:
Re-appointment of PWC as independent
external auditor 2 166 462 362 86,15% 100,00% 0,00% 0,09%
Ordinary resolution number 6:
Non-binding advisory vote - Endorsement of
remuneration policy of the Company 2 166 466 995 86,15% 94,36% 5,64% 0,09%
Ordinary resolution number 7:
Non-binding advisory vote - Endorsement of
the implementation of the remuneration
policy of the Company 2 166 466 995 86,15% 98,39% 1,61% 0,09%
Ordinary resolution number 8:
Placing the unissued authorised ordinary
shares of the Company under the control of
the directors 2 166 462 362 86,15% 89,97% 10,03% 0,09%
Ordinary resolution number 9:
Specific authority to issue shares to afford
shareholders distribution reinvestment
alternatives 2 166 462 362 86,15% 88,58% 11,42% 0,09%
Ordinary resolution number 10: 2 166 462 362 86,15% 93,82% 6,18% 0,09%
Resolution
General but restricted authority to issue
shares for cash
Ordinary resolution number 11:
Authorisation of directors and/or company
secretary 2 166 462 362 86,15% 99,99% 0,01% 0,09%
Special resolution number 1:
Authorisation to provide financial assistance
in terms of sections 44 and 45 of the
Companies Act 2 166 462 362 86,15% 87,31% 12,69% 0,09%
Special resolution number 2:
Approval of non-executive directors’ fees 2 166 466 995 86,15% 99,99% 0,01% 0,09%
Special resolution number 3:
Authority to issue shares to directors who
elect to reinvest their distributions under
the reinvestment option 2 166 462 362 86,15% 99,90% 0,10% 0,09%
Special resolution number 4:
General authority to repurchase shares 2 166 490 684 86,15% 99,92% 0,08% 0,08%
* Based on 2 514 732 095 shares in issue at the date of the AGM.
** In relation to the total number of shares voted at the AGM.
*** In relation to the total number of shares in issue at the date of the AGM.
Based on the above voting results, all resolutions were passed by the requisite majority of SA Corporate shareholders
present in person or represented by proxy at the AGM.
Retirement of Non-executive Director
In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders of SA Corporate are advised
that Mr RJ Biesman-Simons retired from the Board of Directors (“the Board”) after the Company’s AGM held earlier today.
The Board records its sincere gratitude to Mr Biesman-Simons for his significant contribution to the deliberations of the
Board and Board committees over the years, and for his dedication and commitment to the Company. The Board and
management wish him well in his future endeavours.
Cape Town
6 June 2022
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 06-06-2022 03:40:00
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