ECSPONENT LIMITED - Results of General Meeting

Results of General Meeting

ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS – ISIN: ZAE000179594
 (“Ecsponent” or “the Company”)


RESULTS OF GENERAL MEETING IN RELATION TO THE ODD LOT OFFER, SPECIFIC REPURCHASE, ISSUE OF
SHARES TO DIRECTORS, RELATED PARTY ACQUISITION AND MOI AMENDMENT

The Board of Directors of Ecsponent is pleased to advise shareholders that all the ordinary and special
resolutions proposed at the general meeting of ordinary shareholders, held today, have been approved by the
requisite number of shareholders, as set out below.


 Resolution                                 Shareholders voted in      Percentage         Percentage        Percentage
                                             person or by proxy        abstained[1]          for[2]          against[2]
                                          Number       Percentage[1]

 Ordinary resolution number 1             149 620 354       16.25%                 -        99.80%            0.20%
 Approval of the related party
 acquisition     by     Ecsponent
 Development Fund (Pty) Ltd of the
 business of Ecsponent Investment
 Holdings (Pty) Ltd as a going
 concern

 Ordinary resolution number 2             705 448 826       76.62%                 -        99.96%            0.04%
 Specific approval for the issue of
 convertible Class G preference
 shares

 Ordinary resolution number 3             123 268 212       13.39%           0.00001%       99.76%            0.24%
 Approval for the issue of shares to
 directors in lieu of future directors’
 fees and remuneration

 Special resolution number 1              705 448 826       76.62%                 -        99.83%            0.17%
 Amendment of the Memorandum
 of Incorporation of Ecsponent
 regarding odd-lot-offers

 Special resolution number 2              705 448 826       76.62%                 -        99.83%            0.17%
 Specific approval for the repurchase
 of shares pursuant to the Odd-Lot
 Offer

 Special resolution number 3              705 448 826       76.62%                 -        99.83%            0.17%
 Specific approval for the repurchase
 of shares pursuant to the Specific
 Offer

 Special resolution number 4              705 448 826       76.62%           0.00001%       99.96%            0.04%
 Approval for the issue of shares to
 directors in lieu of future directors’
 fees and remuneration

 Special resolution number 5              705 448 826       76.62%                  -       99.96%            0.04%
 Approval for the issue of Shares
 with voting rights in excess of 30%
 of the voting rights of Shares
 currently in issue

 Ordinary resolution number 4             705 448 826       76.62%                   -       99.96%           0.04%
 General authorising resolution

   1. Out of total issued share capital.
   2. Out of total shares voted in person or by proxy.


Pretoria
3 May 2016

Sponsor
Questco (Pty) Ltd

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