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EQUITES PROPERTY FUND LIMITED - Results of general meeting

Release Date: 28/04/2015 16:11
Code(s): EQU     PDF:  
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Results of general meeting

EQUITES PROPERTY FUND LIMITED
(formerly VB Transport (Proprietary) Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
JSE share code: EQU  ISIN: ZAE000188843
(Approved as a REIT by the JSE)
(“Equites”)


RESULTS OF GENERAL MEETING


Shareholders are referred to the announcements released on SENS on 25 February 2015 and 26 March 2015 wherein shareholders
were advised that Equites had posted a circular (“circular”) relating to:

-         the acquisition by Equites of the airport land property at the purchase consideration, and otherwise on the terms and subject
          to the conditions set out in the circular; and

-         authorising any one of the directors of Equites to do all things and sign all documents required to give effect to the
          transaction.

Details of the results of voting at the general meeting are as follows:

-         total number of Equites shareholders that could have been voted at the general meeting: 103 220 778;

-         total number of Equites shareholders that were represented at the general meeting: 62 354 885;

-         being 60.41% of the total number of Equites shareholders that could have been voted at the general meeting.


    Ordinary resolution 1 – Approval of the transaction

    Shares voted*                     For                             Against                          Abstentions
    62 353 885                        60 215 566, being 96.57%        2 138 319, being 3.43%           1 000

    Ordinary resolution 2 – Authorisation of the directors

    Shares voted*                     For                             Against                          Abstentions
 62 353 885                           60 215 566, being 96.57%        2 138 319, being 3.43%           1 000
* Excluding abstentions

Given that the transaction is being treated as a related party transaction, in terms of 10.9(f) of the Listings Requirements, the votes
of the related party, Johnny Cullum, and his associates were not taken into account in determining the results of the voting at the
general meeting.

Shareholders are advised that the acquisition is subject to the conclusion of an infrastructural services contract between Equites
and CSV Construction and a further announcement will be made in this regard.


28 April 2015


Corporate advisor and sponsor
Java Capital

Date: 28/04/2015 04:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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