STOR-AGE PROPERTY REIT LIMITED - Results of the Annual General Meeting of Stor-Age held on 27 August 2020

Results of the Annual General Meeting of Stor-Age
held on 27 August 2020

Stor-Age Property REIT Limited
Incorporated in the Republic of South Africa
Registration number 2015/168454/06
Share Code: SSS ISIN: ZAE000208963
Approved as a REIT by the JSE
(“Stor-Age” or “the Company”)



RESULTS OF THE ANNUAL GENERAL MEETING OF STOR-AGE HELD ON 27 AUGUST 2020


       Shareholders are advised that, at the 5th annual general meeting (“AGM”) of Stor-Age
       shareholders held on Thursday, 27 August 2020, all ordinary and special resolutions proposed
       thereat were approved by the requisite majority of votes.

       The detailed results of voting at the AGM are as follows:

        Total issued number of                      Number of ordinary        Percentage of ordinary
        ordinary shares                        shares represented at the    shares represented at the
                                                               meeting                      meeting

        423 273 735                                           331 815 670                     78.39%

       Annual financial statements
       The annual financial statements of the Company, incorporating the reports of the external
       auditor, audit committee and directors, together with the report from the social and ethics
       committee for the year ended 31 March 2020, were presented.

 Resolution proposed                           For**         Against**                Abstain*
 Ordinary resolution 1
 Re-election of Ms K M de        329 249 336                 -                 1 894 051
 Kock as director                       100%                 -                   0.45%
 
 Ordinary resolution 2
 Re-election of Ms P             329 249 336                 -                 1 894 051
 Mbikwana as director                   100%                 -                   0.45%
 
 Ordinary resolution 3
 Re-election of Mr J A L         329 249 336                 -                 1 894 051
 Chapman as director                    100%                 -                    0.45%
 
 Ordinary resolution 4
 Re-appointment of KPMG          307 416 865        21 832 335                 1 894 187
 as auditor                             100%             6.63%                    0.45%
 
 Ordinary resolution 5
 Election of Ms K M de
 Kock as member and chair        329 249 336                 -                  1 894 051
 of the audit committee                100%                  -                     0.45%
 
 Ordinary resolution 6
 Election of Ms P
 Mbikwana as member of           329 249 336                 -                  1 894 051
 the audit committee                   100%                  -                      0.45%
 
 Ordinary resolution 7
 Election of Mr M S Moloko
 as member of the audit          297 413 588         31 834 748                  1 895 051
 committee                           90.33%              9.67%                      0.45%
 
 Ordinary resolution 8
 General authority to issue      281 010 785         48 242 724                  1 889 878
 shares for cash                     85.35%             14.65%                      0.45%
 
 Advisory endorsement 1          282 003 252         46 422 829                  2 717 306
 Remuneration policy                 85.87%             14.13%                      0.64%
 
 Advisory endorsement 2          282 187 255         46 217 712                  2 738 420
 Implementation report               85.93%             14.07%                      0.65%
 
 Special resolution 1
 Remuneration of non-            324 106 741           4 303 340                 2 733 306
 executive directors                 98.69%               1.31%                     0.65%
 
 Special resolution 2
 Financial assistance to         311 737 969         17 538 187                  1 867 231
 subsidiary companies                94.67%              5.33%                      0.44%
 
 Special resolution 3
 General authority to            329 040 166            212 207                  1 891 014
 repurchase shares                   99.94%              0.06%                      0.45%

*      Abstentions are represented as a percentage of total issued ordinary shares.
**     As a percentage of shares voted


Johannesburg
28 August 2020

Sponsor: Investec Bank Limited





Date: 28-08-2020 07:58:00
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.