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KAYDAV GROUP LIMITED - Results of annual general meeting

Release Date: 15/05/2015 14:59
Code(s): KDV     PDF:  
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Results of annual general meeting

KAYDAV GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/038698/06)
JSE share code: KDV   ISIN: ZAE000108940
(“KayDav”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are advised that at the annual general meeting of shareholders held on Thursday, 14 May 2015 (in terms of
the notice of annual general meeting dispatched on 30 March 2015) ordinary resolutions number 1, 2, 3, 4.1, 4.2, 4.3, 5
and 7 tabled thereat were passed by the requisite majority of the KayDav shareholders.

Ordinary resolution 6 and special resolutions 1, 2.1, 2.2 and 2.3 did not receive the requisite 75% majority approval and
these resolutions were not passed.

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

-     total number of KayDav shares in issue as at the date of the annual general meeting: 172 751 585
-     total number of KayDav shares that were present/represented at the annual general meeting: 161 502 767
      being 93.49% of the total number of KayDav shares that could have been voted at the annual general meeting


Ordinary resolution number 1: Adoption of annual financial statements

    Shares voted               For                                Against                     Abstentions

    161 502 767                86 526 593, being 53.58%           74 976 174, being 46.42%    -


Ordinary resolution number 2: Re-election of Ian Stern as director

    Shares voted               For                                Against                     Abstentions

    161 502 767                86 526 593, being 53.58%           74 976 174, being 46.42%    -


Ordinary resolution number 3: Appointment of auditors

    Shares voted               For                                Against                     Abstentions

    161 502 767                161 502 767, being 100%            -                           -


Ordinary resolution number 4.1: Re-election of Jonathan Hertz as a member and chairman of the audit and risk
committee

    Shares voted               For                                Against                     Abstentions

    161 502 767                86 526 593, being 53.58%           74 976 174, being 46.42%    -


Ordinary resolution number 4.2: Re-election of Ian Stern as a member of the audit and risk committee

    Shares voted               For                                Against                     Abstentions

    161 502 767                86 526 593, being 53.58%           74 976 174, being 46.42%    -


Ordinary resolution number 4.3: Re-election of Boitumelo Tlhabanelo as a member of the audit and risk committee

    Shares voted               For                                Against                     Abstentions

    161 502 767                86 526 593, being 53.58%           74 976 174, being 46.42%    -


Ordinary resolution number 5: Unissued ordinary shares

 Shares voted                 For                               Against                       Abstentions

 161 502 767                  86 507 077, being 53.56%          74 995 690, being 46.44%      -


Ordinary resolution number 6: General authority to issue shares for cash

 Shares voted                 For                               Against                       Abstentions

 161 502 767                  86 507 077, being 53.56%          74 995 690, being 46.44%      -


Ordinary resolution number 7: Signature of documentation

 Shares voted                 For                               Against                       Abstentions

 161 502 767                  161 502 767, being 100%           -                             -


Special resolution number 1: Financial assistance to related or interrelated companies

 Shares voted                 For                               Against                       Abstentions

 161 502 767                  86 526 593, being 53.58%          74 976 174, being 46.42%      -


Special resolution number 2.1: Approval of directors’ remuneration for their services as directors : Fees for the 2015
financial year

 Shares voted                 For                               Against                       Abstentions

 161 502 767                  86 526 593, being 53.58%          74 976 174, being 46.42%      -


Special resolution number 2.2: Approval of directors’ remuneration for their services as directors: Annual increase not
exceeding 8%

 Shares voted                 For                               Against                       Abstentions

 161 502 767                  86 526 593, being 53.58%          74 976 174, being 46.42%      -


Special resolution number 2.3: Approval of directors’ remuneration for their services as directors: Once-off fee payable
to non-executive directors

 Shares voted                 For                               Against                       Abstentions

 161 502 767                  86 507 077, being 53.56%          74 995 690, being 46.44%      -


15 May 2015


Sponsor
Java Capital

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