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EQUITES PROPERTY FUND LIMITED - Results of annual general meeting and change to the board of directors

Release Date: 21/07/2015 17:23
Code(s): EQU     PDF:  
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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withdrawn at commencement of the annual general meeting.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'). 
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