Wrap Text
Results of annual general meeting
AFRICAN AND OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/027461/06)
JSE share code: AOO ISIN: ZAE000000485
JSE share code: AON ISIN: ZAE000009718
JSE share code: AOVP ISIN: ZAE000000493
(“AOE” or “the company”)
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that at the annual general meeting of shareholders held on Monday, 28 November
2022 (in terms of the notice dispatched on 31 October 2022) all the resolutions tabled thereat were passed
(by way of a poll) by the requisite majority of AOE shareholders.
Details of the results of voting at the annual general meeting were as follows:
- total number of AOE ordinary and “N” ordinary shares (collectively, the “shares”) that could have been
voted at the annual general meeting: 11,840,671 shares (being the aggregate amount of 1,618,750 ordinary
shares and 10,221,921 “N” ordinary shares);
- total number of shares that were present/represented at the annual general meeting: 11,840,671 shares,
(being in aggregate 61,72% of the total number of shares that could have been voted at the annual general
meeting and constituting 61,72% of the aggregate voting rights that could have been exercised at the annual
general meeting);
- total number of ordinary shares that were present/represented at the annual general meeting: 1,618,750
ordinary shares (being 65,61% of the total number of ordinary shares that could have been voted at the
annual general meeting) with each ordinary share entitling the holder thereof to 200 votes; and
- total number of “N” ordinary shares that were present at the annual general meeting: 10,221,921
“N” ordinary shares (being 65,08% of the total number of “N” ordinary shares that could have been voted
at the annual general meeting) with each “N” ordinary share entitling the holder thereof to 1 vote.
Ordinary resolution 1: Approval of annual financial statements
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 2.1 – Re-election of directors – PM Naylor
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 2.2 – Re-election of directors - LK Sebatane
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 2.3 – Re-election of directors – MR Molosiwa
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 3.1 – Election of audit committee members – HB Roberts
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 3.2 – Election of audit committee members – PM Naylor
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 3.3 – Election of audit committee members - LK Sebatane
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 4 – Re-appointment of auditors
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 5 – General authority to issue equity shares for cash
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 6 – Control over unissued shares
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 7 – Signature of documents
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 8 – Non-binding advisory vote on remuneration policy
Ordinary shares voted* Votes for Votes against Abstentions#
999,048 being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Ordinary resolution 9 – Non-binding advisory vote on remuneration implementation report
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Special resolution 1 – Financial assistance
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Special resolution 2: General authority to acquire shares
Ordinary shares voted* Votes for Votes against Abstentions#
999,048, being 61,72% 199,809,600, being 100% - -
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,706,510, being 65,61% 6,706,510, being 100% - -
Total shares voted* Votes for Votes against Abstentions#
7,705,558, being 65,08% 206,516,110, being 100% - -
Special resolution 3 – Allotment and issue of shares to directors and prescribed officers
Ordinary shares voted* Votes for Votes against Abstentions#
981,063, being 60,61% 196,212,600, being 100% - 3,597,000, being 1,11%
“N” ordinary shares voted* Votes for Votes against Abstentions#
6,513,710, being 63,72% 6,513,710, being 100% - 192,800, being 1,89%
Total shares voted* Votes for Votes against Abstentions#
7,494,773, being 63,30% 202,726,310, being 100% - 3,789,800, being 1,78%
* shares voted (excluding abstentions) in relation to total shares in issue
# in relation to the total shares in issue
29 November 2022
Sponsor
Java Capital
Date: 29-11-2022 05:30:00
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.
Sharenet Sites 
