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REINET INVESTMENTS S.C.A - Reporting on proceedings at the annual general meeting

Release Date: 27/08/2015 07:05
Code(s): REI     PDF:  
Wrap Text
Reporting on proceedings at the annual general meeting

Reinet Investments S.C.A.
Incorporated in Luxembourg
Registration number B 16.576
Share code: REI
ISIN: CH 0045793657
(“Reinet” or the “Company”)
 

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING 
 

At the seventh (7th) annual general meeting ("AGM") of the shareholders of Reinet Investments S.C.A. held on 25 August 2015 all the ordinary resolutions proposed at the meeting were approved by the requisite majority of votes. In this regard, Swen Grundmann confirms the voting statistics from the AGM as follows:
 
ORDINARY SHARES
 
+--------------+-------------+-------+-----------+------------+------------+
|Resolutions   |Votes        |       |Number of  |Shares voted|Shares      |
|              |carried      |       |shares     |disclosed as|abstained   |
|              |disclosed as |       |voted      |a percentage|disclosed as|
|              |a percentage |       |           |in relation |a percentage|
|              |in relation  |       |           |to the total|in relation |
|              |to the total |       |           |issued share|to the total|
|              |number of    |       |           |capital*    |issued share|
|              |shares voted |       |           |            |capital*    |
|              |at the       |       |           |            |            |
|              |meeting      |       |           |            |            |
|              +-------------+-------+           |            |            | 
|              |For          |Against|           |            |            |
+--------------+-------------+-------+-----------+------------+------------+
|1) To         |100%         |-      |138 231 881|70.548%     |0.091%      |
|approve the   |             |       |           |            |            |
|statutory     |             |       |           |            |            |
|financial     |             |       |           |            |            |
|statements    |             |       |           |            |            |
|of the        |             |       |           |            |            |
|Company for   |             |       |           |            |            |
|the           |             |       |           |            |            |
|accounting    |             |       |           |            |            |
|year ended    |             |       |           |            |            |
|31 March      |             |       |           |            |            |
|2015.         |             |       |           |            |            |
+--------------+-------------+-------+-----------+------------+------------+
|2) To         |100%         |-      |138 231 881|70.548%     |0.091%      |
|approve the   |             |       |           |            |            |
|consolidated  |             |       |           |            |            |
|financial     |             |       |           |            |            |
|statements    |             |       |           |            |            |
|of the        |             |       |           |            |            |
|Company for   |             |       |           |            |            |
|the           |             |       |           |            |            |
|accounting    |             |       |           |            |            |
|year ended    |             |       |           |            |            |
|31 March      |             |       |           |            |            |
|2015.         |             |       |           |            |            |
+--------------+-------------+-------+-----------+------------+------------+
|3) At 31 March|100%         |-      |138 259 449|70.562%     |0.077%      |
|2015, the     |             |       |           |            |            |
|retained      |             |       |           |            |            |
|earnings      |             |       |           |            |            |
|available for |             |       |           |            |            |
|distribution  |             |       |           |            |            |
|amounted to   |             |       |           |            |            |
|EUR           |             |       |           |            |            |
|915 475 652.  |             |       |           |            |            |     
|The           |             |       |           |            |            |
|General       |             |       |           |            |            |
|Partner       |             |       |           |            |            |
|proposes that |             |       |           |            |            |
|a cash        |             |       |           |            |            |
|dividend of   |             |       |           |            |            |
|EUR 0.157     |             |       |           |            |            |
|per share     |             |       |           |            |            |
|be paid.      |             |       |           |            |            |
|This          |             |       |           |            |            |
|represents a  |             |       |           |            |            |
|total         |             |       |           |            |            |
|dividend of   |             |       |           |            |            |
|EUR30 762 939.|             |       |           |            |            |        
|The General   |             |       |           |            |            |
|Partner       |             |       |           |            |            |
|proposes that |             |       |           |            |            |
|the remaining |             |       |           |            |            |
|available     |             |       |           |            |            |
|retained      |             |       |           |            |            |
|earnings of   |             |       |           |            |            |
|the Company   |             |       |           |            |            |
|at 31 March   |             |       |           |            |            |
|2015 after    |             |       |           |            |            | 
|payment of    |             |       |           |            |            |
|the dividend  |             |       |           |            |            |
|be carried    |             |       |           |            |            |
|forward to    |             |       |           |            |            |
|the following |             |       |           |            |            |
|business year.|             |       |           |            |            |
+--------------+-------------+-------+-----------+------------+------------+
|4) To         |97.182%      |2.818% |138 231 881|70.548%     |0.091%      |
|discharge the |             |       |           |            |            |
|General       |             |       |           |            |            |
|Partner and   |             |       |           |            |            |
|all the       |             |       |           |            |            |
|members of    |             |       |           |            |            |
|the Board of  |             |       |           |            |            |
|Overseers who |             |       |           |            |            | 
|have been     |             |       |           |            |            |
|in office     |             |       |           |            |            |
|during the    |             |       |           |            |            |
|accounting    |             |       |           |            |            |              
|year ended    |             |       |           |            |            |
|31 March 2015 |             |       |           |            |            | 
|for the       |             |       |           |            |            |
|proper        |             |       |           |            |            |
|performance   |             |       |           |            |            |
|of their      |             |       |           |            |            |
|duties.       |             |       |           |            |            |   
+--------------+-------------+-------+-----------+------------+------------+
|5) To re-elect|             |       |           |            |            | 
|Mr D Falck,   |             |       |           |            |            |
|Dr P Kaul and |             |       |           |            |            |
|Mr Y Prussen  |             |       |           |            |            |
|as members of |             |       |           |            |            |            
|the Board of  |             |       |           |            |            |
|Overseers for |             |       |           |            |            |
|the year      |             |       |           |            |            |       
|ending at the |             |       |           |            |            |
|next Annual   |             |       |           |            |            |
|General       |             |       |           |            |            |
|Meeting.      |             |       |           |            |            |
+--------------+-------------+-------+-----------+------------+------------+
|5.1           |99.768%      |0.232% |138 259 449|70.562%     |0.077%      |
|Re-election   |             |       |           |            |            |
|Mr D Falck    |             |       |           |            |            |
+--------------+-------------+-------+-----------+------------+------------+
|5.2           |100%         |-      |138 259 449|70.562%     |0.077%      |
|Re-election   |             |       |           |            |            |
|Dr P Kaul     |             |       |           |            |            |
+--------------+-------------+-------+-----------+------------+------------+
|5.3           |100%         |-      |138 259 449|70.562%     |0.077%      |
|Re-election   |             |       |           |            |            |
|Mr Y Prussen  |             |       |           |            |            |
+--------------+-------------+-------+-----------+------------+------------+
|6) To elect   |100%         |-      |137 488 896|70.168%     |0.470%      |
|Mr J Li       |             |       |           |            |            |
|as a member   |             |       |           |            |            |
|of the Board  |             |       |           |            |            |
|of Overseers  |             |       |           |            |            |
|for the       |             |       |           |            |            |
|year ending at|             |       |           |            |            |
|the next      |             |       |           |            |            |
|Annual General|             |       |           |            |            |
|Meeting.      |             |       |           |            |            |
+--------------+-------------+-------+-----------+------------+------------+
|7) To fix     |99.971%      |0.029% |138 259 449|70.562%     |0.077%      |
|the           |             |       |           |            |            |
|remuneration  |             |       |           |            |            |
|of each       |             |       |           |            |            |
|member of the |             |       |           |            |            |
|Board of      |             |       |           |            |            |
|Overseers at  |             |       |           |            |            |
|EUR 50 000 per|             |       |           |            |            |
|annum, such   |             |       |           |            |            |
|fees to       |             |       |           |            |            |
|be split      |             |       |           |            |            |
|equally       |             |       |           |            |            |
|between the   |             |       |           |            |            |
|Company and   |             |       |           |            |            |
|Reinet Fund   |             |       |           |            |            |
|S.C.A., F.I.S.|             |       |           |            |            |
+--------------+-------------+-------+-----------+------------+------------+

*Total issued share capital is 195 941 286 ordinary shares and 1 000 management shares.
This relates to the ordinary shares only.
 
 
MANAGEMENT SHARES
 
+--------------+-------------+-------+---------+------------+------------+
|Resolutions   |Votes        |       |Number of|Shares voted|Shares      |
|              |carried      |       |shares   |disclosed as|abstained   |
|              |disclosed as |       |voted    |a percentage|disclosed as|
|              |a percentage |       |         |in relation |a percentage|
|              |in relation  |       |         |to the total|in relation |
|              |to the total |       |         |issued share|to the total|
|              |number of    |       |         |capital**   |issued share|
|              |shares voted |       |         |            |capital**   |
|              |at the       |       |         |            |            |
|              |meeting      |       |         |            |            |
|              +-------------+-------+         |            |            | 
|              |For          |Against|         |            |            |
+--------------+-------------+-------+---------+------------+------------+
|1) To approve |100%         |-      |1 000    |100%        |-           |
|the statutory |             |       |         |            |            |
|financial     |             |       |         |            |            |
|statements of |             |       |         |            |            |
|the Company   |             |       |         |            |            |
|for the       |             |       |         |            |            |
|accounting    |             |       |         |            |            |
|year ended 31 |             |       |         |            |            |
|March 2015.   |             |       |         |            |            |
+--------------+-------------+-------+---------+------------+------------+
|2) To approve |100%         |-      |1 000    |100%        |-           |
|the           |             |       |         |            |            |
|consolidated  |             |       |         |            |            |
|financial     |             |       |         |            |            |
|statements of |             |       |         |            |            |
|the Company   |             |       |         |            |            |
|for the       |             |       |         |            |            |
|accounting    |             |       |         |            |            |
|year ended 31 |             |       |         |            |            |
|March 2015.   |             |       |         |            |            |
+--------------+-------------+-------+---------+------------+------------+
|3) At 31 March|100%         |-      |1 000    |100%        |-           |
|2015, the     |             |       |         |            |            |
|retained      |             |       |         |            |            |
|earnings      |             |       |         |            |            |
|available for |             |       |         |            |            |
|distribution  |             |       |         |            |            |
|amounted to   |             |       |         |            |            |
|EUR 915 475   |             |       |         |            |            |     
|652. The      |             |       |         |            |            |
|General       |             |       |         |            |            |
|Partner       |             |       |         |            |            |
|proposes that |             |       |         |            |            |
|a cash        |             |       |         |            |            |
|dividend of   |             |       |         |            |            |
|EUR 0.157     |             |       |         |            |            |
|per share     |             |       |         |            |            |
|be paid.      |             |       |         |            |            |
|This          |             |       |         |            |            |
|represents a  |             |       |         |            |            |
|total         |             |       |         |            |            |
|dividend of   |             |       |         |            |            |
|EUR30 762 939.|             |       |         |            |            |        
|The General   |             |       |         |            |            |
|Partner       |             |       |         |            |            |
|proposes that |             |       |         |            |            |
|the remaining |             |       |         |            |            |
|available     |             |       |         |            |            |
|retained      |             |       |         |            |            |
|earnings of   |             |       |         |            |            |
|the Company   |             |       |         |            |            |
|at 31 March   |             |       |         |            |            |
|2015 after    |             |       |         |            |            | 
|payment of    |             |       |         |            |            |
|the dividend  |             |       |         |            |            |
|be carried    |             |       |         |            |            |
|forward to    |             |       |         |            |            |
|the following |             |       |         |            |            |
|business year.|             |       |         |            |            |
+--------------+-------------+-------+---------+------------+------------+
|4) To         |-            |-      |-        |-           |100%        |
|discharge the |             |       |         |            |            |
|General       |             |       |         |            |            |
|Partner and   |             |       |         |            |            |
|all the       |             |       |         |            |            |
|members of    |             |       |         |            |            |
|the Board of  |             |       |         |            |            |
|Overseers who |             |       |         |            |            | 
|have been     |             |       |         |            |            |
|in office     |             |       |         |            |            |
|during the    |             |       |         |            |            |
|accounting    |             |       |         |            |            |              
|year ended    |             |       |         |            |            |
|31 March 2015 |             |       |         |            |            | 
|for the       |             |       |         |            |            |
|proper        |             |       |         |            |            |
|performance   |             |       |         |            |            |
|of their      |             |       |         |            |            |
|duties.       |             |       |         |            |            |   
+--------------+-------------+-------+---------+------------+------------+
|5) To re-elect|             |       |         |            |            | 
|Mr D Falck,   |             |       |         |            |            |
|Dr P Kaul and |             |       |         |            |            |
|Mr Y Prussen  |             |       |         |            |            |
|as members of |             |       |         |            |            |            
|the Board of  |             |       |         |            |            |
|Overseers for |             |       |         |            |            |
|the year      |             |       |         |            |            |       
|ending at the |             |       |         |            |            |
|next Annual   |             |       |         |            |            |
|General       |             |       |         |            |            |
|Meeting.      |             |       |         |            |            |
+--------------+-------------+-------+---------+------------+------------+
|5.1           |100%         |-      |1 000    |100%        |-           |
|Re-election   |             |       |         |            |            |
|Mr D Falck    |             |       |         |            |            |
+--------------+-------------+-------+---------+------------+------------+
|5.2           |100%         |-      |1 000    |100%        |-           |
|Re-election   |             |       |         |            |            |
|Dr P Kaul     |             |       |         |            |            |
+--------------+-------------+-------+---------+------------+------------+
|5.3           |100%         |-      |1 000    |100%        |-           |
|Re-election   |             |       |         |            |            |
|Mr Y Prussen  |             |       |         |            |            |
+--------------+-------------+-------+---------+------------+------------+
|6) To elect   |100%         |-      |1 000    |100%        |-           |
|Mr J Li       |             |       |         |            |            |
|as a member   |             |       |         |            |            |
|of the Board  |             |       |         |            |            |
|of Overseers  |             |       |         |            |            |
|for the       |             |       |         |            |            |
|year ending at|             |       |         |            |            |
|the next      |             |       |         |            |            |
|Annual General|             |       |         |            |            |
|Meeting.      |             |       |         |            |            |
+--------------+-------------+-------+---------+------------+------------+
|7) To fix     |100%         |-      |1 000    |100%        |-           |
|the           |             |       |         |            |            |
|remuneration  |             |       |         |            |            |
|of each       |             |       |         |            |            |
|member of the |             |       |         |            |            |
|Board of      |             |       |         |            |            |
|Overseers at  |             |       |         |            |            |
|EUR 50 000 per|             |       |         |            |            |
|annum, such   |             |       |         |            |            |
|fees to       |             |       |         |            |            |
|be split      |             |       |         |            |            |
|equally       |             |       |         |            |            |
|between the   |             |       |         |            |            |
|Company and   |             |       |         |            |            |
|Reinet Fund   |             |       |         |            |            |
|S.C.A., F.I.S.|             |       |         |            |            |
+--------------+-------------+-------+---------+------------+------------+

**Total issued share capital is 195 941 286 ordinary shares and 1 000 management shares.
This relates to the management shares only.
 
 

 
Luxembourg
27 August 2015
 
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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