KAP INDUSTRIAL HOLDINGS LIMITED - Results of the Annual General Meeting

Results of the Annual General Meeting

KAP INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE0000171963
(“KAP” or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of the Company held at 12:30 today, 16
November 2015, at 28 Sixth Street, Wynberg, Sandton 2090 (“AGM”), all of the resolutions proposed were
passed by the requisite majority of KAP shareholders. The detailed voting results of the AGM are set out below:

                              Votes for        Votes       Number of         Number of            Shares
                             resolution       against     shares voted    shares voted at     abstained as
                                (%) *        resolution    at the AGM      the AGM as a       a percentage
                                                (%) *                     percentage (%)      (%) of shares
                                                                            of shares in         in issue
                                                                                issue
Ordinary resolution 1            100.0%            0.0%   2 067 298 943              85.3%             0.0%
Re-appointment of
external auditor

Special resolutions              100.0%            0.0%   2 067 298 943              85.3%             0.0%
number 1.1 to 1.10
Approval of fees payable
to non-executive directors
for service on the board
and board committees

Ordinary resolution
number 2
Re-election of directors
retiring by rotation:
2.1 S H Müller                   100.0%            0.0%   2 067 298 943              85.3%             0.0%
2.2 S H Nomvete                   99.8%            0.2%   2 067 298 943              85.3%             0.0%
2.3 P K Quarmby                  100.0%            0.0%   2 067 298 943              85.3%             0.0%

Ordinary resolution 3             99.6%            0.4%   2 067 298 943              85.3%             0.0%
Ratification of the
appointment of GN
Chaplin as an executive
director
Ordinary resolution
number 4
Re-election of members
of the audit and risk
committee:
4.1 S H Müller                    99.7%            0.3%   2 067 298 943             85.3%              0.0%
4.2 S H Nomvete                   99.7%            0.3%   2 067 298 943             85.3%              0.0%
4.3 P K Quarmby                  100.0%            0.0%   2 067 298 943             85.3%              0.0%

Ordinary resolution               67.2%           32.8%   2 067 298 943              85.3%             0.0%
number 5
General authority over
unissued shares

Ordinary resolution               94.1%            5.9%   2 067 298 943              85.3%             0.0%
number 6
Placing of shares under
the control of the
directors for purposes of
the company’s share
scheme.
Special resolution                93.2%             6.8%    2 067 298 944   85.3%   0.0%
number 2
General authority to
repurchase issued
shares.

Ordinary resolution               96.5%             3.5%    2 067 298 943   85.3%   0.0%
number 7
General authority to
distribute share capital
and/or reserves.

Special resolution                98.5%             1.5%    2 067 298 943   85.3%   0.0%
number 3
General authority to
provide financial
assistance to related and/
or inter-related
companies
Non-binding ordinary              93.7%             6.3%    2 067 298 943   85.3%   0.0%
resolution number 8
Endorsement of the
company’s remuneration
policy.

Ordinary resolution
number 9

General authority to
create and issue
                                     N/a             N/a              N/a     N/a    N/a
convertible instruments

NOTE: This resolution
was withdrawn

Note * - In relation to the total number of shares voted at the AGM

Cape Town
16 November 2015

Sponsor
PSG Capital

Date: 16/11/2015 05:13:00 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.