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Results of the Annual General Meeting of Quantum
QUANTUM FOODS HOLDINGS LIMITED
(previously Business Venture Investments No 1792 Proprietary Limited)
Incorporated in the Republic of South Africa
Registration Number: 2013/208598/06
Share Code: QFH
ISIN Number: ZAE000193686
("Quantum Foods" or “the Company”)
RESULTS OF THE ANNUAL GENERAL MEETING OF QUANTUM
1. RESULTS
Shareholders are hereby advised that at the annual general meeting of the Company held at 09:00 today,
20 February 2015, at Kleinevalleij Estate, towards Bainskloof, R301, Wellington (“Annual General
Meeting”), all of the proposed ordinary and special resolutions, save for ordinary resolutions numbers
3, 5 and 9 (which resolutions were withdrawn), were passed by the requisite majority of votes cast by
Quantum shareholders present or represented by proxy. The detailed voting results of the Annual General
Meeting are set out below.
2. WITHDRAWAL OF ORDINARY RESOLUTIONS NUMBERS 3, 5 AND 9
Shareholders are further advised that ordinary resolution number 3, relating to the general authority
to issue shares for cash, was withdrawn as a result of concerns raised by certain shareholders
regarding the dilution of their shareholding.
Furthermore, ordinary resolutions numbers 5 and 9, relating to the re-election and confirmation of Mr
Lambert Phillips Retief (“Mr Retief”) as a director and as a member of the Audit and Risk Committee of
the Company respectively, have also been withdrawn by virtue of the fact that Mr Retief has resigned as
the lead independent non-executive director of the Company with effect from 19 February 2015.
Shareholders are accordingly hereby advised of Mr Retief’s resignation in terms of paragraph 3.59(b) of
the Listings Requirements of the JSE Limited.
The board wishes to thank Mr Retief for his valued contributions during his tenure as a non-executive
director of the Company.
Annual General Meeting Results:
Votes for Votes against Number of Number of Shares
resolution (%)* resolution (%)* shares voted at shares voted at abstained as a
the Annual the AGM as a percentage of
General Meeting percentage of shares in issue
shares in issue (%)
(%)
Ordinary 99.72 0.28 159,733,330 68.48 - **
Resolution
Number 1: To
confirm the re-
appointment of
Pricewaterhouse
Coopers Inc as
auditors for
the ensuing
year on the
recommendation
of the Audit
and Risk
Committee
Ordinary 58.16 41.84 159,733,330 68.48 - **
Resolution
Number 2:
Placing of
shares in the
Company under
the control of
the directors
Ordinary - - - - -
Resolution
Number 3:
General
authority to
issue shares
for cash
Ordinary 97.40 2.60 159,733,330 68.48 - **
Resolution
Number 4: To
re-elect Mr
Norman Celliers
as a director
Ordinary - - - - -
Resolution
Number 5: To
re-elect Mr
Lambert
Phillips Retief
as a director
Ordinary 100.00 0.00 159,733,330 68.48 - **
Resolution
Number 6: To
re-elect Prof
Abdus Salam
Mohammad Karaan
as a director
Ordinary 99.20 0.80 159,726,330 68.48 - **
Resolution
Number 7: To
re-elect Mr
Patrick Ernest
Burton as a
director
Ordinary 98.40 1.60 159,733,330 68.48 - **
Resolution
Number 8: To
re-elect Mr
Wouter Andre
Hanekom as a
director
Ordinary - - - - -
Resolution
Number 9: Re-
appointment of
Mr Lambert
Phillips Retief
as a member of
the Audit and
Risk Committee
Ordinary 99.20 0.80 159,726,330 68.48 - **
Resolution
Number 10: Re-
appointment of
Mr Patrick
Ernest Burton
as a member of
the Audit and
Risk Committee
Ordinary 98.38 1.62 159,733,330 68.48 - **
Resolution
Number 11: Re-
appointment of
Mr Wouter Andre
Hanekom as a
member of the
Audit and Risk
Committee
Ordinary 67.99 32.01 159,726,330 68.48 - **
Resolution
Number 12:
Endorsement of
the Company’s
remuneration
policy
Special 100.00 0.00 159,726,330 68.48 - **
Resolution
Number 1:
Approval of
non-executive
directors’
remuneration
Special 98.73 1.27 159,733,330 68.48 - **
Resolution
Number 2:
General
authority to
repurchase
shares by the
Company and its
subsidiaries
Special 100.00 0.00 159,733,330 68.48 - **
Resolution
Number 3:
General
authority to
provide
financial
assistance to
related and
inter-related
companies and
corporations
Special 97.60 2.40 159,733,330 68.48 - **
Resolution
Number 4:
General
authority to
provide
financial
assistance for
the
subscription of
or the
acquisition of
securities in
the Company and
in related and
inter-related
companies
Notes:
* In relation to the total number of shares voted at the Annual General Meeting.
** Less than 0.01%.
20 February 2015
Wellington
Sponsor
PSG Capital Proprietary Limited
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