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Results of Annual General Meeting and Business Update
Afrimat Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022534/06)
Code: AFT ISIN: ZAE 000086302
("Afrimat" or “the Company”)
RESULTS OF ANNUAL GENERAL MEETING AND BUSINESS UPDATE
Afrimat shareholders are advised that at the annual general meeting (“AGM”) of shareholders held on
Wednesday, 5 August 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.
The number of Afrimat shares voted in person or by proxy was 101 055 304, representing 70.54% of the
total ordinary issued share capital of the same class of Afrimat 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), ordinary 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 – To adopt the 2015 annual financial statements
For Against Abstain Shares voted
98,433,135 193,017 1,429,152 99,626,152
99.81% 0.19% 1.00% 100.00%
Ordinary resolution number 2 – To issue unissued shares for cash
For Against Abstain Shares voted
77,138,829 22,094,145 1,822,330 99,232,974
77.74% 22.26% 1.27% 100.00%
Ordinary resolution number 3 – To place the unissued shares under directors’ control
For Against Abstain Shares voted
76,614,017 22,472,383 1,968,904 99,086,400
77.32% 22.68% 1.37% 100.00%
Ordinary resolution number 4 – To re-elect Mr Loyiso Dotwana as a director of the company
For Against Abstain Shares voted
97,054,953 2,549,367 1,450,984 99,604,320
97.44% 2.56% 1.01% 100.00%
Ordinary resolution number 5 – To re-elect Mr Francois du Toit as a director of the company
For Against Abstain Shares voted
99,105,782 3,060,827 1,888,695 99,166,609
96.91% 3.09% 1.32% 100.00%
Ordinary resolution number 6 – To re-elect Mr Jacobus F van der Merwe as a director of the
company
For Against Abstain Shares voted
98,587,637 384,239 2,083,428 98,971,876
99.61% 0.39% 1.45% 100.00%
Ordinary resolution number 7.1 – To re-elect the Audit & Risk Committee members of the company:
Mr Loyiso Dotwana
For Against Abstain Shares voted
97,259,711 2,156,887 1,638,706 99,416,598
97.83% 2.17% 1.14% 100.00%
Ordinary resolution number 7.2 – To re-elect the Audit & Risk Committee members of the company:
Mrs Phuti RE Tsukudu
For Against Abstain Shares voted
98,346,340 628,677 2,080,287 98,975,017
99.36% 0.64% 1.45% 100.00%
Ordinary resolution number 7.3 – To re-elect the Audit & Risk Committee members of the company:
Mr Jacobus F van der Merwe
For Against Abstain Shares voted
98,401,239 519,082 2,134,983 98,920,321
99.48% 0.52% 1.49% 100.00%
Ordinary resolution number 7.4 – To re-elect the Audit & Risk Committee members of the company:
Mr Hendrik JE van Wyk
For Against Abstain Shares voted
96,115,503 2,730,680 2,209,121 98,846,183
97.24% 2.76% 1.54% 100.00%
Ordinary resolution number 7.5 – To re-elect the Audit & Risk Committee members of the company:
Mr Marthinus W von Wielligh
For Against Abstain Shares voted
97,087,580 2,290,612 1,677,112 99,378,192
97.70% 2.30% 1.17% 100.00%
Ordinary resolution number 8 – To authorise the directors to reappoint the auditor, Mazars together
with Mr Duncan Dollman as the individual registered auditor and to fix their remuneration
For Against Abstain Shares voted
98,646,838 712,518 1,695,948 99,359,356
99.28% 0.72% 1.18% 100.00%
Ordinary resolution number 9 – To approve the remuneration policy as a non-binding advisory vote
For Against Abstain Shares voted
97,858,769 1,437,405 1,759,130 99,296,174
98.55% 1.45% 1.23% 100.00%
Ordinary resolution number 10- To authorise the directors or the company secretary to sign
documentation
For Against Abstain Shares voted
99,355,449 389,196 1,310,659 99,744,645
99.61% 0.39% 0.91% 100.00%
Special resolution number 1 – To give directors general authority to repurchase company shares
For Against Abstain Shares voted
98,351,968 1,185,112 1,518,224 99,537,080
98.81% 1.19% 1.06% 100.00%
Special resolution number 2 – To give the company general authority to pay fixed fee annual
payments to non-executive directors
For Against Abstain Shares voted
96,775,342 2,698,295 1,581,667 99,473,637
97.29% 2.71% 1.10% 100.00%
Special resolution number 3 – To give the company general authority to provide financial assistance
to related or inter-related companies and other
For Against Abstain Shares voted
98,265,240 1,346,848 1,443,216 99,612,088
98.65% 1.35% 1.01% 100.00%
Following the annual general meeting a business update was presented by Mr Andries J van Heerden,
the Chief Executive Officer. This presentation is available on the Company’s website www.afrimat.co.za.
Cape Town
06 August 2015
Sponsor: Bridge Capital Advisors Proprietary Limited
Date: 06/08/2015 10:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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