Wrap Text
Results of annual general meeting and change to the board of directors
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 ANNUAL GENERAL MEETING AND CHANGE TO THE BOARD OF DIRECTORS
Shareholders are advised that at the annual general meeting of shareholders held on Tuesday, 21 July 2015 (in terms of the notice
of annual general meeting dispatched to shareholders on 27 May 2015), all of the resolutions tabled thereat including ordinary
resolution numbers 11 and 12 which were modified at the annual general meeting as set out in the SENS announcement published
on Thursday, 9 July 2015, were passed by the requisite majority of Equites shareholders. Ordinary resolution number 4 was
withdrawn at commencement of the annual general meeting.
Details of the results of voting at the annual general meeting are as follows:
- total number of Equites shares that could have been voted at the annual general meeting: 114 410 255
- total number of Equites shares that were present/represented at the annual general meeting: 103 153 933 being 90,16 % of the
total number of Equites shares that could have been voted at the annual general meeting
Special Resolution 1: Non-executive directors’ remuneration
Shares voted* For Against Abstentions
103 153 933 103 153 933, being 100% - -
Special Resolution 2: General approval to repurchase shares
Shares voted* For Against Abstentions
103 153 933 103 153 933, being 100% - -
Ordinary Resolution 1: Adoption of annual financial statements
Shares voted* For Against Abstentions
103 153 933 103 153 933, being 100% - -
Ordinary Resolution 2: Re-appointment of auditors
Shares voted* For Against Abstentions
103 153 933 103 153 933, being 100% - -
Ordinary Resolution 3: Re-election of Mr G Lanfranchi as director
Shares voted* For Against Abstentions
103 153 933 102 742 584, being 99,6% 411 349, being 0,4% -
Ordinary Resolution 4: Re-election of Mr J Cullum as director
Withdrawn
Ordinary Resolution 5: Confirmation of appointment of Mr Goossens as director
Shares voted* For Against Abstentions
103 153 933 103 153 933, being 100% - -
Ordinary Resolution 6: Re-election of Ms R Benjamin-Swales as chair and member of Audit and Risk Committee
Shares voted* For Against Abstentions
103 153 933 103 153 933, being 100% - -
Ordinary Resolution 7: Re-election of Mr L Campher as member of Audit and Risk Committee
Shares voted* For Against Abstentions
103 153 933 103 153 933% - -
Ordinary Resolution 8: Re-election of Mr N Khan as member of Audit and Risk Committee
Shares voted* For Against Abstentions
103 153 933 103 153 933, being 100% - -
Ordinary Resolution 9: Remuneration policy
Shares voted* For Against Abstentions
94 237 430 79 514 566, being 84,38% 14 722 864, being 15,62% 8 916 503, being 8,64%
Ordinary Resolution 10: The report of the Social and Ethics Committee
Shares voted* For Against Abstentions
103 153 933 102 860 220, being 99,72% 293 713, being 0,28% -
Ordinary Resolution 11: General authority to issue shares for cash
Shares voted* For Against Abstentions
103 153 933 85 007 558 , being 82,41% 18 146 375, being 17,59% -
Ordinary Resolution 12: Unissued shares under control of the directors
Shares voted* For Against Abstentions
103 153 933 88 019 720, being 85,33% 15 134 213, being 14,67% -
Ordinary Resolution 13: Implementation of resolutions
Shares voted* For Against Abstentions
103 153 933 103 153 933, being 100% - -
*shares excluding abstentions
CHANGE TO THE BOARD OF DIRECTORS
Shareholders are further advised that non independent non-executive director Johnny Cullum, who was due to retire by rotation at
the annual general meeting, did not stand for re-election and accordingly ordinary resolution 4 was withdrawn prior to the
meeting.
The board of directors would like to thank Johnny for his contribution to the company during his time as director.
21 July 2015
Sponsor
Java Capital
Date: 21/07/2015 05:23:00 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
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
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.