To view the PDF file, sign up for a MySharenet subscription.

DATATEC LIMITED - Report on proceedings at annual general meeting

Release Date: 10/09/2015 17:02
Code(s): DTC     PDF:  
Wrap Text
Report on proceedings at annual general meeting

Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
(“the Company”)


REPORT ON PROCEEDINGS AT ANNUAL GENERAL MEETING

At the annual general meeting of Datatec Limited (JSE and LSE: DTC), held
at 12h00 today, 10 September 2015, votes were registered for 94.5% of the
Company’s issued shares.   All the ordinary and special resolutions, as
proposed in the notice to the annual general meeting, were passed with
the requisite majority. In this regard, Datatec confirms the voting
statistics from the AGM as follows:

                                                     %            Number
Total number of shares that could be voted at      100.0       205 304 200
meeting
Total number of shares present/represented         94.5%       193 924 304
including proxies at meeting
Total number of members present                                    10


                                     Votes in          Votes   Abstentions
                                       Favour        Against
                                       Number         Number        Number
                                            %              %
Ordinary Resolution Number 1      193 174 384              0       749 920

Re-election of O Ighodaro              100.0%           0.0%
Ordinary Resolution Number 2      193 076 996         97 875       749 433

Re-election of LW Nkuhlu                99.9%           0.1%
Ordinary Resolution Number 3      192 977 624        197 247       749 433

Reappointment of independent            99.9%           0.1%
auditors
Ordinary Resolution Number 4.1    157 487 615     33 285 500     3 151 189
Election of Audit, Risk &
compliance Committee members –          82.6%          17.4%
CS Seabrooke
Ordinary Resolution Number 4.2    192 945 397        229 474       749 433
Election of Audit, Risk &
compliance Committee members –          99.9%           0.1%
LW Nkuhlu
Ordinary Resolution Number 4.3    193 174 871              0       749 433
Election of Audit, Risk &
compliance Committee members –         100.0%           0.0%
O Ighodaro
Ordinary Resolution Number 4.4    183 528 328      9 646 056       749 920
Election of Audit, Risk &
compliance Committee members –          95.0%           5.0%
SJ Davidson
Ordinary Resolution Number 5      156 706 214     36 468 170       749 920
Non-binding advisory vote on
remuneration policy                     81.1%         18.9%
Special Resolution Number 1       193 174 384             0        749 920
Approval    of    non-executive
directors’ fees                        100.0%          0.0%
Special Resolution Number 2       193 134 109        40 275        749 920
Authority to provide financial
assistance to Group companies          100.0%          0.0%
Special Resolution Number 3       188 854 062     4 320 809        749 433
General       authority      to
repurchase shares                       97.8%          2.2%
Ordinary Resolution Number 6      193 152 912        21 472        749 920
Authority    to     sign    all
documents required                     100.0%          0.0%




Sandton
10 September 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 10/09/2015 05:02:00 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.

Share This Story