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Results Of Annual General Meeting
GRIT REAL ESTATE INCOME GROUP LIMITED
(previously known as Mara Delta Property Holdings Limited)
(Registered by continuation in the Republic of Mauritius)
(Registration number: C128881 C1/GBL)
SEM share code: DEL.N0000
JSE share code: GTR
ISIN: MU0473N00036
(“Grit” or “the Company”)
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are hereby advised that at the annual general meeting of the Company held at 10:30 a.m.
Mauritian time (08:30 a.m. South African time) today, 24 November 2017 (“AGM”) (in terms of the notice of
annual general meeting dispatched to shareholders on 26 October 2017), all of the resolutions tabled thereat
were passed by the requisite majority of Grit shareholders.
Details of the results of voting at the AGM are as follows:
- total number of Grit shares that could have been voted at the AGM: 208,514,261
- total number of Grit shares that were present/represented at the AGM: 190,972,660 being 91.59% of
total number of Grit shares that could have been voted at the AGM.
Votes for Votes against Number of Number of Number of
resolution as resolution as shares voted shares voted shares
a percentage a percentage at AGM at AGM as a abstained as
of total of total percentage a percentage
number of number of of shares in of shares in
Resolutions proposed at shares voted shares voted issue (%) issue (%)
the AGM at AGM (%) at AGM (%)
Ordinary Resolution
Number 1:
Receiving and adopting the
audited Company and 100 - 190,972,660 91.59 -
group financial statements
for the year ended 30 June
2017
Ordinary Resolution
Number 2.1.1:
Re-election of Sandile 99.89 0.11 190,972,660 91.59 -
Hopeson Nomvete as
executive director
Ordinary Resolution
Number 2.1.2:
Re-election of Bronwyn 100 - 190,972,660 91.59 -
Anne Corbett as executive
director
Ordinary Resolution
Number 2.1.3:
Re-election of Leon Paul 100 - 190,972,660 91.59 -
van de Moortele as
executive director
Ordinary Resolution
Number 2.1.4:
Re-election of Matshepo 99.89 0.11 190,972,660 91.59 -
Faith More as non-
executive director
Ordinary Resolution
Number 2.1.5:
Re-election of Peter
100 - 190,972,660 91.59 -
McAllister as lead
independent non-executive
director
Ordinary Resolution
Number 2.1.6:
Re-election of Chandra 99.62 - 190,239,854 91.24 0.38
Kumar Gujadhur as
independent non-executive
director
Ordinary Resolution
Number 2.1.7:
Re-election of Ian Macleod 100 - 190,972,660 91.59 -
as independent non-
executive director
Ordinary Resolution
Number 2.2.1:
Appointment of Nomfundo
100 - 190,972,660 91.59 -
Nomkosi Nomzamo
Radebe as non-executive
director
Ordinary Resolution
Number 2.2.2:
Appointment of Catherine 100 - 190,972,660 91.59 -
Mcllraith as independent
non-executive director
Ordinary Resolution
Number 2.3:
Appointment of Maheswar 99.62 - 190,239,854 91.24 0.38
Doorgakant as permanent
alternate director
Ordinary Resolution
Number 3:
Re-appointing BDO & Co as 100% - 190,972,660 91.59 -
the auditors of the
Company
Ordinary Resolution
Number 4:
Authorising the directors to
99.62 - 190,239,854 91.24 0.38
determine the
remuneration of the non-
executive directors
Ordinary Resolution
Number 5:
Directors’ authority to
58.85 40.77 190,239,854 91.24 0.38
issue a maximum of
200 million additional
ordinary shares
Ordinary Resolution
Number 6:
93.90 6.10 190,972,660 91.59 -
General authority to issue
shares for cash
Ordinary Resolution
Number 7: 99.60 - 190,212,170 91.22 0.40
Authority of Directors
Ordinary Resolution
Number 8:
99.50 0.50 190,972,660 91.59 -
Long Term Incentive
Scheme
Ordinary Resolution
Number 9:
Non-binding advisory vote 93.80 6.20 190,972,660 91.59 -
on the remuneration policy
of the Company
Ordinary Resolution
Number 10:
Non-binding advisory vote
93.80 6.20 190,972,660 91.59 -
on the implementation of
the remuneration policy of
the Company
Special Resolution Number
1: 90.95 6.59 186,279,808 89.34 2.46
Waiver by Shareholders
Special Resolution Number
2:
Antecedent dividends 100 - 190,972,660 91.59 -
(Reduction in Stated
Capital)
Special Resolution Number
3: 100 - 190,972,660 91.59 -
Change in Constitution
Special Resolution Number
4:
93.91 5.71 190,239,854 91.24 0.38
Share buy-back by Grit and
its subsidiaries
Grit has its primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd (“SEM”) and the Main
Board of the JSE Limited (“JSE”).
By order of the Board
24 November 2017
JSE sponsor: PSG Capital
SEM authorised representative and sponsor: Perigeum Capital
Directors: Sandile Nomvete (chairman), Bronwyn Corbett*, Peter Todd (lead independent), Chandra Gujadhur, Ian
Macleod, Leon van de Moortele*, Jacqueline van Niekerk, Matshepo More and Maheshwar Doorgakant# (*executive
director) (#alternate to Mr Gujadhur)
Company secretary: Intercontinental Fund Services Limited
Registered address: c/o Intercontinental Fund Services Limited, Level 5, Alexander House, 35 Cybercity, Ebène
72201, Mauritius
Transfer secretary (South Africa): Computershare Investor Services Proprietary Limited
Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited
JSE sponsor: PSG Capital Proprietary Limited
Sponsoring Broker: Axys Stockbrokering Limited
SEM authorised representative and sponsor: Perigeum Capital Ltd
This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 11.3 and Rule 5(1) of the Securities
(Disclosure Obligations of Reporting Issuers) Rules 2007. The Board of the Company accepts full responsibility for the
accuracy of the information contained in this communiqué.
Date: 24/11/2017 01:45:00 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.
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