Wrap Text
Results of annual general meeting
Pan African Resources PLC
(Incorporated and registered in England and Wales under Companies Act 1985 with registered
number 3937466 on 25 February 2000)
Share code on AIM: PAF
Share code on JSE: PAN
ISIN: GB0004300496
(“Pan African” or the “Company”)
RESULTS OF ANNUAL GENERAL MEETING
Pan African shareholders are advised that at the annual general meeting (“AGM”) of
shareholders held on Friday, 27 November 2015, all the ordinary and special resolutions, as
set out in the notice of AGM dated 30 October 2015, were approved by the requisite majority
of shareholders present or represented by proxy.
The total number of Pan African shares eligible to vote at the AGM is 1,831,494,763. The
highest number of shares voted in person or by proxy was 1,360,548,519 representing
74.29% of the total issued share capital of the same class of Pan African.
All resolutions proposed at the AGM, together with the percentage of shares abstained, as
well as the percentage of votes carried for and against each resolution, are as follows:
Resolution number 1 (Ordinary resolution): To receive and adopt the directors’ report, the
audited statement of accounts and the auditors’ report for the year ended 30 June 2015
Shares Voted Abstained For Against
1,360,417,888 5,516 100% 0.00%
(74.28%) (0.00%)
Resolution number 2 (Ordinary resolution): To approve the payment of a final dividend
for the year ended 30 June 2015
Shares Voted Abstained For Against
1,360,548,519 4,885 100% 0.00%
(74.29%) (0.00%)
Resolution number 3 (Ordinary resolution): To re-elect Mrs H H Hickey as a member of
the audit committee
Shares Voted Abstained For Against
1,360,513,133 40,271 99.99% 0.01%
(74.28%) (0.00%)
Resolution number 4 (Ordinary resolution): To re-elect Mr K C Spencer as a member of
the audit committee
Shares Voted Abstained For Against
1,360,513,133 40,271 89.02% 10.98%
(74.28%) (0.00%)
Resolution number 5 (Ordinary resolution): To re-elect Mr T Mosololi as a member of the
audit committee
Shares Voted Abstained For Against
1,360,513,133 40,271 99.99% 0.01%
(74.28%) (0.00%)
Resolution number 6 (Ordinary resolution): To endorse the Company’s Remuneration
Policy
Shares Voted Abstained For Against
1,360,509,162 44,242 88.41% 11.59%
(74.28%) (0.00%)
Resolution number 7 (Ordinary resolution): To re-elect Mr K C Spencer as a director of
the Company
Shares Voted Abstained For Against
1,360,513,133 40,271 94.16% 5.84%
(74.28%) (0.00%)
Resolution number 8 (Ordinary resolution): To re-elect Mr J A J Loots as a director of the
Company
Shares Voted Abstained For Against
1,360,513,133 40,271 100% 0.00%
(74.28%) (0.00%)
Resolution number 9 (Ordinary resolution): To re-elect Mr G P Louw as a director of the
Company
Shares Voted Abstained For Against
1,360,513,133 40,271 73.77% 26.23%
(74.28%) (0.00%)
Resolution number 10 (Ordinary resolution): To re-appoint Deloitte LLP as auditors of the
Company and to authorise the directors to determine their remuneration
Shares Voted Abstained For Against
1,360,524,793 28,611 100% 0.00%
(74.28%) (0.00%)
Resolution number 11 (Ordinary resolution): To authorise the directors to allot equity
securities
Shares Voted Abstained For Against
1,360,468,078 85,326 63.67% 36.33%
(74.28%) (0.00%)
Resolution number 12 (Special resolution): To approve market purchases of ordinary
shares
Shares Voted Abstained For Against
1,360,548,519 4,885 99.95% 0.05%
(74.29%) (0.00%)
Notes
- Percentages of shares voted are calculated in relation to the total issued share
capital of Pan African eligible to vote
- Percentage of shares for and against are calculated in relation to the total number of
shares voted at the AGM
- Abstentions are calculated as a percentage in relation to the total issued share
capital of Pan African eligible to vote
30 November 2015
Pan African Resources Enquiries
Cobus Loots Deon Louw
Pan African Resources PLC Pan African Resources PLC
Chief Executive Officer Financial Director
Office: + 27 (0) 11 243 2900 Office: + 27 (0) 11 243 2900
Phil Dexter John Prior / Paul Gillam / James Black
St James's Corporate Services Limited Numis Securities Limited
Company Secretary Nominated Adviser and Joint Broker
Office: + 44 (0)207 796 8644 Office: +44 (0)207 260 1000
Matthew Armitt / Ross Allister Sholto Simpson
Peel Hunt LLP One Capital
Joint Broker JSE Sponsor
Office: +44 (0)020 7418 8900 Office: + 27 (0) 11 550 5009
Julian Gwillim Daniel Thöle
Aprio Strategic Communications Bell Pottinger PR
Public & Investor Relations SA Public & Investor Relations UK
Office: +27 (0)11 880 0037 Office: + 44 (0) 203 772 2500
www.panafricanresources.com
Date: 30/11/2015 09:00:00 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.
Sharenet Sites 
