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INSIMBI REFRACTORY & ALLOY SUP LTD - Results of Annual General Meeting

Release Date: 26/06/2015 11:15
Code(s): ISB     PDF:  
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Results of Annual General Meeting

Insimbi Refractory and Alloy Supplies Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
(“Insimbi” or “the Company”)



RESULTS OF ANNUAL GENERAL MEETING

Insimbi ordinary shareholders are advised that at the annual general meeting (“AGM”) of shareholders held
on Thursday 25, June 2015, all the ordinary and special resolutions as set out in the notice of AGM, were
approved by the requisite majority of shareholders present or represented by proxy.


Please note ordinary resolution 3.3 was removed from the AGM agenda due to the retirement of Mr D
O’Connor (as announced on SENS on 19 June 2015), who was as a result not available for re-election to the
board.


The number of ordinary Insimbi shares voted in person or by proxy was 206,657,450 representing 74,48% of
the total ordinary issued share capital of the same class of Insimbi ordinary shares.


All resolutions proposed at the AGM, together with the percentage of shares abstained (as a percentage of
total issued share capital of the Company), Shares voted (as a percentage of total issued share capital of
the Company) as well as the percentage of votes carried for and against each resolution (as a percentage of
shares voted), are as follows:


Ordinary resolution number 1 – Approval of Annual Financial Statements

FOR                     AGAINST               ABSTAIN               SHARES VOTED

100%                     -                     -                     74.48%


Ordinary resolution number 2.1 – Appointment of the auditors

FOR                     AGAINST               ABSTAIN               SHARES VOTED

100%                     -                     -                     74.48%

Ordinary resolution number 2.2 – Appointment of designated auditor

FOR                     AGAINST               ABSTAIN               SHARES VOTED

100%                     -                     -                     74.48%


Ordinary resolution number 3.1– Re-election of CF Botha

FOR                     AGAINST               ABSTAIN               SHARES VOTED

100%                     -                    17.42%                74.48%


Ordinary resolution number 3.2 – Re-election of EP Liechti

FOR                     AGAINST                ABSTAIN              SHARES VOTED

100%                     -                      -                    74.48%


Ordinary resolution number 4.1 – Reappointment of LY Okeyo as an audit and risk committee
member

FOR                     AGAINST                 ABSTAIN             SHARES VOTED

100%                     -                       -                  74.48%


Ordinary resolution number 4.2 – Reappointment of G Mahlati as an audit and risk committee
member

FOR                     AGAINST                 ABSTAIN             SHARES VOTED

100%                     -                      -                    74.48%

Ordinary resolution number 5 – Indemnification of Directors and Officers of the Company

FOR                     AGAINST                 ABSTAIN              SHARES VOTED

100%                    -                       -                     74.48%


Ordinary resolution number 6 – Un-issued shares placed under the control of Directors

FOR                     AGAINST                 ABSTAIN               SHARES VOTED

100%                    -                        -                     74.48%


Ordinary resolution number 7 – General authority to issue shares, convertible securities or options
for cash

FOR                    AGAINST                  ABSTAIN                SHARES VOTED

100%                   -                        -                      74.48%


Ordinary resolution number 8 – General authority to sign documentation

FOR                    AGAINST                 ABSTAIN                 SHARES VOTED

100%                   -                        -                       74.48%


Ordinary resolution number 9 – A non-binding advisory note on the Company’s remuneration
philosophy and policy

FOR                    AGAINST                 ABSTAIN                 SHARES VOTED

100%                    -                        -                      74.48%
     

Special resolution number 1 – Directors fee’s for the year ending 28 February 2016

FOR                     AGAINST                 ABSTAIN                  SHARES VOTED

100%                     -                        -                       74.48%


Special resolution number 2 –General authority to re-purchase company shares

FOR                     AGAINST                 ABSTAIN                  SHARES VOTED

100%                    -                        -                       74.48%


Special resolution number 3 – Authorisation for direct or indirect Financial assistance

FOR                     AGAINST                 ABSTAIN                  SHARES VOTED

100%                     -                      -                         74.48%


Johannesburg
26 June 2015
Sponsor: Bridge Capital Advisors (Pty) Limited

Date: 26/06/2015 11:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
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indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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