MICROMEGA HOLDINGS LIMITED - Results of General Meeting

Results of General Meeting

MICROmega Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/003821/06)
Share code: MMG ISIN: ZAE000034435
(“MICROmega”)


RESULTS OF GENERAL MEETING


Shareholders are referred to the announcement released on SENS on 13 October 2017 and the circular
distributed to shareholders on 18 January 2018 (“Circular”). Terms defined in the Circular shall, unless
otherwise stated, bear the same meaning in this announcement.

Shareholders are advised that, at the General Meeting convened in terms of the notice of General Meeting
to shareholders dated 18 January 2018 which was held today, all the resolutions were passed by the
requisite majority of shareholders.

The number of shares voted in person or by proxy was 90 636 184, representing 79% of the total issued
share capital of the same class of MICROmega shares.

The resolutions proposed at the meeting, together with the percentage of shares abstained, as well as the
percentage of votes carried for and against each resolution, are set out below:

                                                                 % of votes
                                                                carried for         % of votes    % of shares
                                                                        the        against the      abstained
Resolution                                                       resolution         resolution
Ordinary resolution number 1: The Disposal                             100%                  -        0.0172%

Ordinary resolution number 2: Authority granted to                     100%                  -        0.0172%
Directors

Shareholders are advised that, the Suspensive Condition contained in paragraph 3.5.3 of the Circular, as
set out below, is the only Suspensive Condition which remains outstanding:

   to the extent necessary, the approval of the Disposal and any other transactions set out in the transaction
   structuring memorandum prepared by PricewaterhouseCoopers dated 5 October 2017 by the Financial
   Surveillance Department of the South African Reserve Bank. To the extent that such approval is subject
   to any condition, this Suspensive Condition will only be deemed to have been fulfilled if each of the
   parties adversely affected by such condition, acting reasonably and in good faith, agrees in writing to
   accept such condition within five business days of being notified of such conditional approval.

Shareholders will be advised in a further announcement once the aforementioned Suspensive Condition
has been fulfilled.


Johannesburg
20 February 2018

Corporate Adviser and Sponsor to MICROmega
Merchantec Capital

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