ARROWHEAD PROPERTIES LIMITED - Results of Annual General Meeting

Release Date: 28/01/2016 11:00
Code(s): AWB AWA
 
Wrap Text
Results of Annual General Meeting

ARROWHEAD PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2011/000308/06)
JSE share code: AWA ISIN: ZAE000203105
JSE share code: AWB ISIN: ZAE000203113
(Approved as a REIT by the JSE)
(“Arrowhead”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that at the annual general meeting of shareholders held on Wednesday, 27 January 2016 (in terms of the
notice of annual general meeting dispatched to shareholders on 2 December 2015), all of the resolutions tabled thereat (including
ordinary resolution 4 which was modified as detailed in the announcement released on SENS on 15 January 2016, but excluding
ordinary resolution 5, which was withdrawn at the annual general meeting) were passed by the requisite majority of Arrowhead
shareholders.

Details of the results of voting at the annual general meeting are as follows:

-      total number of Arrowhead A and B shares that could have been voted at the annual general meeting: 937 464 536; and
-      total number of Arrowhead A and B shares that were present/represented at the annual general meeting: 530 043 218 being
       57% of the total number of Arrowhead A and B shares that could have been voted at the annual general meeting.


Ordinary resolution 1.1: Re-election of M. Kaplan as director

Shares voted*                      For                                  Against                        Abstentions^
525 116 749, being 100%            525 116 749, being 100%              -                              4 926 469, being 0.52551%

Ordinary resolution 1.2: Re-election of I. Suleman as director

Shares voted*                      For                                  Against                        Abstentions^
525 116 749, being 100%            525 116 749, being 100%              -                              4 926 469, being 0.52551%

Ordinary resolution 1.3: Re-election of T. Adler as director

Shares voted*                      For                                  Against                        Abstentions^
525 116 749, being 100%            525 116 749, being 100%              -                              4 926 469, being 0.52551%

Ordinary resolution 2.1: Re-appointment of members of the audit and risk committee – S. Noik (Chairman)

Shares voted*                      For                                  Against                        Abstentions^
525 116 749, being 100%            525 042 730, being 99.98590%         74 019, being 0.01410%         4 926 469, being 0.52551%

Ordinary resolution 2.2: Re-appointment of members of the audit and risk committee – E. Stroebel

Shares voted*                      For                                  Against                        Abstentions^
525 116 749, being 100%            525 116 749, being 100%              -                              4 926 469, being 0.52551%

Ordinary resolution 2.3: Re-appointment of members of the audit and risk committee – T. Adler

Shares voted*                      For                                  Against                        Abstentions^
525 116 749, being 100%            520 913 257, being 99.19951%         4 203 492, being 0.80049%      4 926 469, being 0.52551%

Ordinary resolution 3: Re-appointment of auditors

Shares voted*                      For                                  Against                        Abstentions^
525 116 749, being 100%            525 116 749, being 100%              -                              4 926 469, being 0.52551%

Ordinary resolution 4: Unissued shares

Shares voted*                      For                                  Against                        Abstentions^
525 116 749, being 100%            350 060 501, being 66.66337%         175 056 248, being 33.33663%   4 926 469, being 0.52551%
                                                                                                                                   2
Ordinary resolution 5: General authority to issue shares for cash

Withdrawn

Ordinary resolution 6: Unissued shares under directors’ control for announced acquisition issues/vendor placings

Shares voted*                      For                                  Against                        Abstentions^
525 116 749, being 100%            373 013 828, being 71.03446%         152 102 921, being 28.96554%   4 926 469, being 0.52551%

Ordinary resolution 7: Non-binding advisory vote on remuneration policy

Shares voted*                      For                                  Against                        Abstentions^
525 116 107, being 100%            386 479 018, being 73.59877%         138 637 089, being 26.40123%   4 927 111, being 0.52558%

Ordinary resolution 8: Signature of documentation

Shares voted*                      For                                  Against                        Abstentions^
525 116 469, being 100%            525 116 469, being 100%              -                              4 926 749, being 0.52554%%

Special resolution 1: Share repurchases

Shares voted*                      For                                  Against                        Abstentions^
525 116 749, being 100%            520 834 521, being 99.18452%         4 282 228, being 0.81548%      4 926 469, being 0.52551%

Special resolution 2: Financial assistance to related and inter-related parties

Shares voted*                      For                                    Against                      Abstentions^
525 116 387, being 100%            484 710 246, being 92.30530%           40 406 141, being 7.69470%   4 926 831, being 0.52555%

Special resolution 3.1: Approval of fees payable to non-executive directors – Directors fees

Shares voted*                      For                                    Against                      Abstentions^
525 116 469, being 100%            525 116 107, being 99.99993%           362, being 0.00007%          4 926 749, being 0.52554%

Special resolution 3.2: Approval of fees payable to non-executive directors – Increase to fees

Shares voted*                      For                                    Against                      Abstentions^
525 116 749, being 100%            525 042 088, being 99.98578%           74 661, being 0.01422%       4 926 469, being 0.52551%

Special resolution 4: Amendment of memorandum of incorporation

Shares voted*                      For                                    Against                      Abstentions^
525 116 469, being 100%            525 116 107, being 99.99993%           362, being 0.00007%          4 926 749, being 0.52554%%

* shares excluding abstentions
^ in relation to total shares in issue

28 January 2016


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