INSIMBI INDUSTRIAL HOLDINGS LIMITED - Results of The General Meeting

Results of The General Meeting

INSIMBI INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
("Insimbi" or "the Company")


RESULTS OF THE GENERAL MEETING


Unless expressly defined, capitalised terms herein have the same meaning given to them in the Circular.

INTRODUCTION

Shareholders are referred to the announcement released by the Company on SENS on 21 June 2024 and the
Circular dated 11 July 2024, advising shareholders of the repurchase of a number of listed ordinary issued Insimbi
shares and the disposal of certain business assets owned by its subsidiaries.

RESULTS OF THE GENERAL MEETING

Shareholders are hereby advised that at the General Meeting of the Company held at Insimbi Offices at 359 Croker
Road, Wadeville, Germiston today, 12 August 2024 at 10:00, all of the resolutions were passed by the requisite
majorities of the Company's shareholders.

Details of the results of the voting at the General Meeting ("GM") are as follows:

                                                           Votes
                                       Votes for          against
                                      resolution       resolution                      Number of      Number of
                                       as a % of        as a % of                          shares        shares
                                            total            total                    voted at GM     abstained
                                     number of        number of         Number of        as a % of     as a % of
                                         shares           shares      shares voted       shares in     shares in
 Resolutions proposed at GM         voted at GM      voted at GM             at GM          issue*        issue*

 Special Resolution Number 1:               100%               0%      260 444 056         69,65%             0%
 Approval of the Crimson
 Clover Repurchase in terms of
 Companies Act
 Special Resolution Number 2:               100%               0%      260 444 056         69,65%             0%
 Approval of the Crimson
 Clover Repurchase in terms of
 the JSE Listings Requirements
 Special Resolution Number 3:               100%               0%      260 444 056         69,65%             0%
 Approval of the Casterly Rock
 Repurchase in terms of the
 Companies Act
 Special Resolution Number 4:               100%               0%      260 444 056         69,65%             0%
 Approval of the Casterly Rock
 Repurchase in terms of the
 JSE Listings Requirements

Note:
*Total number of shares in issue as at the date of the General Meeting was 373 948 756, of which zero were
treasury shares.

CONDITIONS PRECEDENT TO THE TRANSACTION

Following the approval of the resolutions by shareholders at the General Meeting today, the implementation of the
Transaction remains subject to the fulfilment of the remaining outstanding conditions precedent listed in the
Circular by no later than 17:00 on 31 August 2024. Shareholders will be updated as and when such conditions
precedent are fulfilled.

RESPONSIBILITY STATEMENTS

The Independent Board, collectively and individually, accept responsibility for the accuracy of the information given
in this announcement and certify that, to the best of their knowledge and belief, the information contained in this
announcement is true, that no facts have been omitted which would make any statement in this announcement
false or misleading, that all reasonable enquiries to ascertain such facts have been made and that this
announcement contains all information required by law, the Companies Act, the Regulations, and the JSE Listings
Requirements.

The Board collectively and individually accept full responsibility for the accuracy of the information given and certify
that to the best of their knowledge and belief there are no facts that have been omitted which would make any
statement false or misleading, and that all reasonable enquiries to ascertain such facts have been made and that
this announcement contains all information required by law the Companies Act, the Regulations and the JSE
Listings Requirements.


Johannesburg
12 August 2024

Transaction Advisor and Sponsor
PSG Capital

Date: 12-08-2024 05:50:00
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