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

EQSTRA HOLDINGS LIMITED - Report on proceedings at the annual general meeting and change to the board of directors

Release Date: 25/11/2015 08:58
Code(s): EQS     PDF:  
Wrap Text
Report on proceedings at the annual general meeting and change to the board of directors

Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
ISIN: ZAE000117123
Share code: EQS
(“Eqstra” or “the Company”)


REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING AND CHANGE TO THE BOARD OF DIRECTORS

At the seventh (7th) annual general meeting (“AGM”) of the shareholders of Eqstra held yesterday, 23
November 2015 all the ordinary and special resolutions proposed were approved by the requisite majority of
votes.

Mr S Dakile-Hlongwane tendered her retirement as a non-executive director of the Company, effective 23
November 2015. The board thanked her for her contribution.

It was noted that Mr M Rayfield would take over as designated external audit partner and not Mr R Duffy as
per the notice.

Eqstra confirms the voting statistics from the AGM as follows:

Shares voted in relation to the total issued share capital:

Number of shares voted                       Total issued share capital                    Percentage shares voted

274 006 645                                  405 502 997                                   67.57%

                                                           Votes carried disclosed as a percentage in           Shares abstained
                                                      relation to the total number of shares voted at             disclosed as a
                                                                                          the meeting              percentage in
                                                                                                           relation to the total
                                                                            For               Against       issued share capital
                                                                                                           
 1. Adopt financial statements                          274 006 645        100%            -          0%          -          0%
 2. Re-election of VJ Mokoena as director               274 006 645        100%            -          0%          -          0%
 3. Re-election of TDA Ross as director                 272 546 095       99.5%    1 460 550        0.5%          -          0%
 4. Re-election of MJ Croucamp as director              267 444 514       97.6%    6 562 131        2.4%                     0%
 5. Re-appointment of Deloitte & Touche as  
    external auditors                                   274 006 645        100%            -          0%          -          0%
 6. Re-appoint TDA Ross as audit committee
    member                                              272 546 095       99.5%    1 460 550        0.5%          -          0%
 7. Re-appoint LL Von Zeuner as audit
    committee member                                    265 351 026       96.8%    8 655 619        3.2%          -          0%
 8. Re-appoint MJ Croucamp as audit
    committee member                                    268 905 064       98.1%    5 101 581        1.9%          -          0%
 9. Remuneration policy                                 224 350 549       82.0%   49 225 232         18%                     0%
 10.Special resolution 1 – Increase non-
    executive fees                                      238 462 159       87.0%   35 554 486         12%          -          0%
 11.Special resolution 2 – Increase non-
    executive committee fees                            272 805 523       99.6%    1 201 122        0.4%          -          0%
 12.Special resolution 3 – General authority to
    repurchase shares                                   274 006 645        100%            -          0%          -          0%
 13.Special resolution 4 – Financial assistance
    per Section 44 of the Companies Act                 273 968 984       99.9%       37 661        0.1%          -          0%
 14.Special resolution 5 – Financial assistance
    per Section 45 of the Companies Act                 271 270 581       99.0%    2 736 064          1%          -          0%
     

Kempton Park
25 November 2015

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

Date: 25/11/2015 08:58:00 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