HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Results of the Annual General Meeting

Results of the Annual General Meeting

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI ISIN: ZAE000003257)
(“HCI”)


RESULTS OF THE ANNUAL GENERAL MEETING


1. INTRODUCTION

  HCI ordinary shareholders are advised that at the Annual General Meeting (“AGM”) of HCI held on Thursday, 29
  October 2015, all the resolutions, except for ordinary resolution number 6, as set out in the notice of AGM and
  proposed at the meeting were passed, without modification, by the requisite majority of HCI Shareholders.


2. RESULTS OF THE VOTING AT THE ANNUAL GENERAL MEETING


          The resolutions were voted on as follows:

                                                              % of issued
                                                                                    Number of shares
                                                             share capital
           Total number of shares present/represented
           including proxies at meeting (including shares
           abstained from voting)                                            92.4            97 236 031



                                                             Number of votes (one vote per share)

                                                              For              Against       Abstain
           ORDINARY RESOLUTIONS

           1. To consider and adopt the annual financial     97,235,772                  0          259
              statements and reports                             100.0%                           0.00%
                                                                 

           2.1 Re-election of director: JA Copelyn           97 214 687           21 085            259
                                                                99.98,%            0.02%          0.00%

           2.2 Re-election of director: TG Govender          97 234 422            1 350            259
                                                                 99.99%            0.01%           0.00%

           2.3 Re-election of director: MF Magugu            91 237 964          863 330      5 134 737
                                                                 99.06%           0.94%           4.88%

           2.4 election of director: VE Mphande              97 162 019           73 753            259
                                                                 99.92%            0.08%          0.00%

           3. Re-appointment of auditor: Grant Thornton      97 235 772                0            259
              Jhb Partnership                                    100.0%                0          0.00%

           4.1 Appointment of audit committee - LW           97 203 884           31 888            259
                Maasdorp                                         99.97%            0.03%          0.00%

                                                             92 101 294                0      5 134 737
           4.2 Appointment of audit committee - LM Molefi        100.0%               0%          4.88%
                                                                 

           4.3 Appointment of audit committee - JG           92 099 944            1 350      5 134 737
               Ngcobo                                            99.99%            0.01%          4.88%

           5.   Place unissued shares under the control of   68 934 412       28 301 360            259
                the directors                                     70.89           29.11%          0.00%

           6.   General authority to issue shares and        68 996 039       28 239 733            259
                options for cash                                 70.96%           29.04%          0.00%

           7.   Non-binding   Advisory    Resolution         85 283 512       11 952 260            259
                endorsement of remuneration report               87.71%           12.29%          0.00%

           8.   Authorisation of directors to implement      97 162 019               0          74 012
                resolutions                                      97.16%               0           0.07%
        

           SPECIAL RESOLUTIONS

           1.   Approval of annual fees to be paid to non-    97 235 772              0            259
                executive directors                              100.00%               0          0.00%

           2.   General authority to repurchase company        96 980 885           254 887          259
                shares                                             99.74%              0.26        0.00%




29 October 2015
Cape Town

Sponsor and Corporate Adviser
Investec Bank Limited

Date: 29/10/2015 03:30:00 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.