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IMPALA PLATINUM HOLDINGS LIMITED - Results of Annual General Meeting and Change in Directorate

Release Date: 23/10/2014 13:00
Code(s): IMP     PDF:  
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Results of Annual General Meeting and Change in Directorate

IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE Share code: IMP
ISIN: ZAE000083648
ADR code: IMPUY

(“Implats”, “Company” or “the Group”)

RESULTS OF ANNUAL GENERAL MEETING AND CHANGE IN DIRECTORATE

RESULTS OF ANNUAL GENERAL MEETING

Implats wishes to inform shareholders that at the annual general meeting of Implats shareholders
held on 22 October 2014, the ordinary resolutions relating to the appointment of Mr TV Mokgatlha
as a non-executive director of the Company and a member of the Audit Committee in the Notice of
Annual General Meeting 2014, distributed to shareholders on 25 September 2014, (“Notice of
Annual General Meeting 2014”) were withdrawn. All the other ordinary and special resolutions
proposed in the Notice of Annual General Meeting 2014 were passed by the requisite majority.

The results of the Annual General Meeting are as follows:

    -   Total number of Implats’ issued ordinary shares is 632 214 276;
    -   Total number of ordinary shares in issue excluding 16 233 994 treasury shares is 615 980 282
        (“Total Votable Ordinary Shares”);
    -   Total number of ordinary shares voted in person or by proxy was 506 511 376 representing
        80.12% of the total issued share capital of the ordinary shares of the Company.


1       Ordinary Resolution number 1 – Appointment of external auditors
             For (i)                     Against (i)            Shares Voted (ii)          Abstain (iii)
           506,505,479                        12                  506,505,491                 5,885
           100.00000%                     0.00000%                 82.22755%                 0.00095%

2       Ordinary Resolution number 2 – (4.1) Appointment of HC Cameron as Chairman of the Audit
        Committee
              For (i)               Against (i)         Shares Voted (ii)      Abstain (iii)
            501,278,778              5,011,816             506,290,594           220,782
            99.01009%                0.98991%               82.19266%           0.03584%

3       Ordinary Resolution number 2 – (4.2) Appointment of AA Maule as a member of the Audit
        Committee
              For (i)               Against (i)         Shares Voted (ii)     Abstain (iii)
            505,602,185               688,409              506,290,594           220,782
            99.86403%                0.13597%               82.19266%          0.03584%
4    Ordinary Resolution number 2– (4.3) Appointment of TV Mokgatlha as a member of the
     Audit Committee
           For (i)               Against (i)         Shares Voted (ii)      Abstain (iii)
         Withdrawn               Withdrawn               Withdrawn           Withdrawn

5    Ordinary Resolution number 2 – (4.4) Appointment of B Ngonyama as a member of the
     Audit Committee
           For (i)                Against (i)           Shares Voted (ii)       Abstain (iii)
         505,425,203                865,391               506,290,594             220,782
         99.82907%                 0.17093%                82.19266%             0.03584%

6    Ordinary Resolution number 3 – Endorsement of the Company’s remuneration policy
           For (i)               Against (i)         Shares Voted (ii)     Abstain (iii)
         375,665,557             101,606,294            477,271,851         29,239,525
         78.71102%               21.28898%              77.48168%           4.74683%

7    Ordinary Resolution number 4 – (6.1) Re-election of AA Maule as a director of the Company
           For (i)               Against (i)          Shares Voted (ii)        Abstain (iii)
         506,261,784                 28,822               506,290,606             220,770
         99.99431%                 0.00569%               82.19266%              0.03584%

8    Ordinary Resolution number 4 – (6.2) Re-election of TV Mokgatlha as a director of the
     Company

          For (i)                 Against (i)           Shares Voted (ii)       Abstain (iii)
         Withdrawn                Withdrawn                Withdrawn             Withdrawn

9    Ordinary Resolution number   4 – (6.3) Re-election of KDK Mokhele as a director of the
     Company
           For (i)                Against (i)           Shares Voted (ii)       Abstain (iii)
         420,059,910              86,230,696              506,290,606             220,770
         82.96814%                17.03186%                82.19266%             0.03584%

10   Ordinary Resolution number 4 – (6.4) Re-election of B Ngonyama as a director of the
     Company
           For (i)               Against (i)          Shares Voted (ii)       Abstain (iii)
         505,072,251              1,218,355               506,290,606           220,770
         99.75936%                0.24064%                82.19266%            0.03584%

11   Ordinary Resolution number 4– (6.5) Re-election of NDB Orleyn as a director of the
     Company
           For (i)               Against (i)          Shares Voted (iii)       Abstain (iii)
         427,749,751             78,538,945              506,288,696              222,680
         84.48732%               15.51268%                82.19235%              0.03615%

12   Special Resolution number 1 – Approval of directors’ remuneration
           For (i)               Against (i)           Shares Voted (ii)        Abstain (iii)
        506,299,934                205,557                 506,505,491             5,885
         99.95942%                0.04058%                  82.22755%            0.00095%

13   Special Resolution number 2 – Acquisition of Company shares by Company or subsidiary
           For (i)               Against (i)          Shares Voted (ii)      Abstain (iii)
        506,433,191                 28,587               506,461,778            49,598
         99.99436%                0.00564%               82.22045%            0.00805%
Notes:

    (i)     The votes carried for and against each individual resolution are disclosed as a
            percentage of the total number of Implats ordinary shares voted, whether in person or
            by proxy, in respect of such individual resolution at the Annual General Meeting.
    (ii)    The total number of Implats ordinary shares voted, whether in person or by proxy, at the
            Annual General Meeting in respect of each individual resolution is disclosed as a
            percentage of the Total Votable Ordinary Shares.
    (iii)   The total number of Implats ordinary shares abstained in respect of each individual
            resolution, whether in person or by proxy, is disclosed as a percentage of the Total
            Votable Ordinary Shares.

CHANGE IN DIRECTORATE

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, the board of directors
of Implats (“the Board”), wishes to advise shareholders that Mr TV Mokgatlha has resigned as a non-
executive director of the Company with effect from 22 October 2014. The Chairman of the Board, Dr
KDK Mokhele, said: “Mr Mokgatlha will resign at the conclusion of this annual general meeting,
having served the Group as a non-executive director for more than 11 years. We thank him for his
exemplary contribution and wish him the very best.”

Queries:
Johan Theron
E-mail: johan.theron@implats.co.za
T: +27 (0) 11 731 9013/43
M: +27 (0) 82 809 0166

Alice Lourens
E-mail: alice.lourens@implats.co.za
T: +27 (0) 11 731 9033/43
M: +27 (0) 82 498 3608

23 October 2014
Johannesburg

Sponsor to Implats
Deutsche Securities (SA) Proprietary Limited

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