TELEMASTERS HOLDINGS LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

TELEMASTERS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 2006/015734/06
Share code: TLM & ISIN Number: ZAE000093324
(“TeleMasters” or “the Company” or “the Group”)



RESULTS OF ANNUAL GENERAL MEETING (“AGM”)


Shareholders are advised that at the Annual General Meeting of shareholders held on Friday,
4 December 2020, all the resolutions proposed at the AGM were passed by the requisite majority.

Details of the results of voting were as follows:

 Total number of shares that can be exercised at the
 meeting                                                                 100%              50 500 000
 Total number of shares present/represented including
 proxies at the meeting                                                81.98%              41 401 234

The resolutions proposed at the AGM, together with the percentage of votes carried for and
against each resolution, are set out below:

                            Votes for    Votes against                                       Number of
                        resolution as     resolution as                      Number of          shares
                         a percentage      a percentage                   shares voted       abstained
                             of total          of total       Number of    at AGM as a            as a
                            number of         number of          shares     percentage      percentage
Resolution               shares voted      shares voted        voted at   of shares in    of shares in
proposed                       at AGM            at AGM             AGM          issue           issue
Ordinary Resolution
No 1:
Adoption          of
Annual     Financial
Statements                       100%                0%      41 401 134         81.98%              0%
Ordinary Resolution
No 2:
Approval          of
appointment       of
Director – DJ Bate               100%                0%      41 401 134         81.98%              0%
Ordinary Resolution
No 3:
Director retirement
and re-election –
MB Pretorius                     100%                0%      41 401 134         81.98%              0%
Ordinary Resolution
No 4:
Director retirement
and re-election –
MG Erasmus                       100%                0%      41 401 134         81.98%              0%
Ordinary Resolution
No 5:
Directors’                       100%                0%      41 366 834         81.91%           0.07%
Remuneration
Ordinary Resolution
No 6:
Appointment        of
Auditors            &
Remuneration                     100%                0%      41 401 134         81.98%             0%
Ordinary Resolution
No 7:
Placing     unissued
shares under the
control    of     the
directors                      99.92%             0.08%      41 401 134         81.98%            0%
Ordinary Resolution
No 8:
General Authority
to Allot and Issue
Shares for Cash                99.92%             0.08%      41 401 134         81.98%            0%
Ordinary Resolution
No 9:
Authority          to
Execute Requisite
Documentation                    100%                0%      41 366 834         81.98%         0.07%
Ordinary Resolution
No 10:
Approval           of
Dividends
Declared & Paid                  100%                0%      41 401 134         81.98%            0%
Ordinary Resolution
No. 11:
Appointment of M
Erasmus      as     a
Member and Chair
of the Audit & Risk
Committee                        100%                0%      41 401 134         81.98%           0%
Ordinary Resolution
No. 12
Appointment of M
Tappan       as     a
member of the
Audit      &     Risk
Committee                        100%                0%      41 401 134         81.98%          0%
Ordinary Resolution
No 13:
Appointment of WF
Steinberg     as    a
member of the
Audit      &     Risk
Committee                        100%                0%      41 401 134         81.98%         0%
Ordinary Resolution
No 14:
Appointment of D
Bate as a member
of the Audit & Risk
Committee                        100%                0%      41 401 134         81.98%         0%
Ordinary Resolution
No 15:
Approval           of
Company
Secretary                        100%                0%      41 401 134         81.98%         0%
Non-binding
Advisory Resolution
No. 1
Approval          of
Remuneration
Policy                           100%                0%      41 366 834        81.91%       0.07%
Non-binding
Advisory Resolution
No. 2
Approval          of
Implementation
Report                           100%                0%      41 366 834        81.91%      0.07%
Special Resolution
No 1:
Non-executive
Directors
Remuneration                     100%                0%      41 366 834        81.91%      0.07%
Special Resolution
No 2:
General Authority
to     Enter    into
Funding
Agreements,
Provide Loans or
Other      Financial
Assistance                     99.92%             0.08%      41 401 134       81.98%         0%
Special Resolution
No 3:
General Authority
to      Repurchase
Shares                           100%                0%      41 401 134       81.98%         0%

Waterfall City
7 December 2020

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 07-12-2020 05:47:00
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