Sharenet Sites 
Sharenet Sites
Report on proceedings at the general meeting
SABVEST CAPITAL LIMITED
(Incorporated in South Africa)
(Registration number 2020/030059/06)
JSE share code: SBP
ZAE000283511
("Sabcap")
REPORT ON PROCEEDINGS AT THE GENERAL MEETING
Shareholders are advised that, at the general meeting ("GM" or "the meeting") of the shareholders of Sabcap held electronically today, 25 June 2020, all the ordinary and
special resolutions proposed at the meeting were approved by the requisite majority of votes. The following information is provided in compliance with the JSE Listings
Requirements:
Total number of Sabcap shares in issue :41 508 352
Total number of votes exercisable by the ordinary shares ("Ord shares") :41 508 352
Total number of votes exercisable by the Z share ("Z share")* :43 355 474
Total number of votes exercisable at the meeting :84 863 826
*The Z share is entitled to exercise votes equal to 104.45% of the voting rights of all the issued Ord shares on a poll.
Details of voting results:
Votes cast disclosed as a percentage in relation Shares abstained
to the total number of votes held by shares disclosed as a Votes held by
voted at the meeting percentage in shares voted as a
relation to the total percentage in
issued shares relation to the
Number of votes held total votes of all
by shares voted per issued shares
Resolutions For Against resolution
Ordinary Resolutions
1 – Appointment of independent external 100% Ord shares 0% Ord shares 0.48% Ord shares 20 726 626 Ord shares 24.42% Ord shares
auditors 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
2 – Re-election of director – Mr CS 100% Ord shares 0% Ord shares 0.48% Ord shares 20 726 626 Ord shares 24.42% Ord shares
Seabrooke 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
100% Ord shares 0% Ord shares 0.49% Ord shares 20 726 626 Ord shares 24.42% Ord shares
3 – Re-election of director – Mr R Pleaner 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
100% Ord shares 0% Ord shares 0.48% Ord shares 20 726 626 Ord shares 24.42% Ord shares
4 – Re-election of director – Mr L Rood 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
5 – Re-election of director – Mrs DNM 100% Ord shares 0% Ord shares 0.48% Ord shares 20 726 626 Ord shares 24.42% Ord shares
Mokhobo 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
6 – Re-election of director – Ms L 99.97% Ord shares 0.03% Ord shares 0.49% Ord shares 20 726 337 Ord shares 24.42% Ord shares
Mthimunye 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
99.97% Ord shares 0.03% Ord shares 0.48% Ord shares 20 726 626 Ord shares 24.42% Ord shares
7 – Re-election of director – Mr K Pillay 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
8 – Re-election of director – Mr BJT 100% Ord shares 0% Ord shares 0.48% Ord shares 20 726 626 Ord shares 24.42% Ord shares
Shongwe 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
9 – Election of Audit Committee member – 99.97% Ord shares 0.03% Ord shares 0.49% Ord shares 20 726 337 Ord shares 24.42% Ord shares
Ms L Mthimunye 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
10 – Election of Audit Committee member 100% Ord shares 0% Ord shares 0.48% Ord shares 20 726 626 Ord shares 24.42% Ord shares
– Mrs DNM Mokhobo 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
11 – Election of Audit Committee member 100% Ord shares 0% Ord shares 0.48% Ord shares 20 726 626 Ord shares 24.42% Ord shares
– Mr BJT Shongwe 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
12 – Placing 5% of the unissued ordinary
shares under the control of the directors 99.77% Ord shares 0.23% Ord shares 0.49% Ord shares 20 726 037 Ord shares 24.42% Ord shares
and general authority to allot and issue 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
13 – Non-binding endorsement of 100% Ord shares 0% Ord shares 0.49% Ord shares 20 726 326 Ord shares 24.42% Ord shares
Remuneration Policy 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
14 – Non-binding advisory vote on 100% Ord shares 0% Ord shares 0.49% Ord shares 20 726 326 Ord shares 24.42% Ord shares
Remuneration Implementation Report 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
100% Ord shares 0% Ord shares 0.49% Ord shares 20 726 337 Ord shares 24.42% Ord shares
15 – Adoption of Investment Policy 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
16 – Authority to sign all documents 100% Ord shares 0% Ord shares 0.48% Ord shares 20 726 626 Ord shares 24.42% Ord shares
required 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
Special Resolutions
1 – Approval of proposed non-executive 20 726 626 Ord shares 24.42% Ord shares
directors’ remuneration for the year 100% Ord shares 0% Ord shares 0.49% Ord shares 43 355 474 Z share 51.10% Z share
ending 31 December 2020 100% Z share 0% Z share 0% Z share
2 – Authority to provide financial 20 726 326 Ord shares 24.42% Ord shares
assistance in terms of Section 45 of the 100% Ord shares 0% Ord shares 0.49% Ord shares 43 355 474 Z share 51.10% Z share
Companies Act to any group company 100% Z share 0% Z share 0% Z share
3 – Authority to provide financial 20 726 326 Ord shares 24.42% Ord shares
assistance in terms of section 44 of the 100% Ord shares 0% Ord shares 0.49% Ord shares 43 355 474 Z share 51.10% Z share
Companies Act 100% Z share 0% Z share 0% Z share
100% Ord shares 0% Ord shares 0.49% Ord shares 20 726 326 Ord shares 24.42% Ord shares
4 – General authority to repurchase shares 100% Z share 0% Z share 0% Z share 43 355 474 Z share 51.10% Z share
The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.
Sandhurst
25 June 2020
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 25-06-2020 05:17:00
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.
