ADCORP HOLDINGS LIMITED - Results of General Meeting

Results of General Meeting

Adcorp Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1974/001804/06)
Share Code: ADR ISIN: ZAE000000139
("Adcorp” or “the Company”)


RESULTS OF THE ADCORP GENERAL MEETING

INTRODUCTION
Adcorp shareholders (“Shareholders”) are referred to the
announcement released by Adcorp on the Stock Exchange News
Service (“SENS”) on 19 May 2014 regarding the posting of a
circular (“Circular”) and notice convening a general meeting
(“General Meeting”). The purpose of the Circular and General
Meeting was to obtain Shareholder approval to place authorised
but unissued Adcorp shares under the control of Adcorp’s board
of directors to fund the acquisition of up to 100% of Kelly
Group Limited’s (“Kelly”) issued ordinary shares other than
those shares owned by subsidiaries of Kelly.

OUTCOME OF THE GENERAL MEETING
Shareholders are advised that, at the General Meeting held
today at the registered office of the Company, all of the
proposed resolutions set out in the notice of General Meeting
included in the Circular, dated 19 May 2014, were approved by
the requisite majority of Shareholders.

Bryanston
18 June 2014

Joint Corporate Advisor and Transaction Sponsor: Investec Bank
Limited

Joint Corporate Advisor: Rand Merchant Bank (A division of
FirstRand Bank Limited)

Legal Advisor: Webber Wentzel

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 18/06/2014 11:34:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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