WILSON BAYLY HOLMES-OVCON LIMITED - Report on Annual General Meeting Proceedings

Report on Annual General Meeting Proceedings

WILSON BAYLY HOLMES - OVCON LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1982/011014/06)
Share code: WBO
ISIN: ZAE000009932
(“the company”)

REPORT ON ANNUAL GENERAL MEETING PROCEEDINGS

Wilson Bayly Holmes Ovcon-Limited shareholders are advised that at the Annual General
Meeting of shareholders held on Wednesday, 22 November 2017, all the ordinary and special
resolutions as proposed in the Notice of the Annual General Meeting were approved by the
requisite majority of members. In this regard, WBHO confirms the voting statistics from the
AGM as follows:

                                                                        %            Number
  Total Number of shares that could be voted at the meeting             100%         63 190 064
  Total number of shares present/represented including proxies at       71%          44 612 122
  meeting
  Total number of members present                                                    9

                                          Votes    In %             Votes        %         Abstentions
                                          favour                    against

  Ordinary resolution number 1            36 313 278 82.16%          7 885 259   17.84%     413 585
  Re: Appointment of the auditors

  Ordinary resolution number 2            44 479 104    99.91%       39 893       0.09%       93 125
  Re -Election of Mr RW Gardiner as
  director

  Ordinary resolution number 3.1
  Appointment of Ms AN Matyumza as
  Audit committee

  Resolution Withdrawn

  Ordinary resolution number 3.2          44 449 227    99.91%         39 893    0.09%        123 002
  Appointment of Mr RW Gardiner as
  Audit Committee member

  Ordinary resolution number 3.3          43 919 747    98.72%        569 373     1.28%       123 002
  Appointment of Ms SN Maziya as
  Audit Committee member

  Ordinary resolution number 4            43 065 728    96.74%       1 453 119    3.26%           93 275
  Endorsement of remuneration policy

  Ordinary resolution number 5            42 959 451    96.50%       1 559 396    3.50%           93 275
  Endorsement of remuneration Policy
  Implementation report
  Ordinary resolution number 6            29 930 124    67.23%      14 588 883   32.77%           93 115
  Placing unissued shares under the
  control of the directors

  Ordinary resolution number 7            44 519 007     100%                      0.00%          93 115
  Directors’ authority to implement
  special and ordinary resolutions

  Special resolution number 1             43 938 840    98.93%         474 530     1.07%         198 752
  Approval of directors’ fees for
  2017/2018 financial year

  Special resolution number 2             42 431 041    95.31%        2 087 806    4.69%          93 275
  Authority to provide financial
  assistance in terms of section 44 and
  45 of the Act.

 Special resolution number 3              44 412 630     100%             890      0.00%         198 602
 General approval to repurchase
 company Shares



Johannesburg
23 November 2017

Sponsor
Investec Bank Limited

Date: 23/11/2017 07:05:00 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.