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JSE LIMITED - Report on proceedings at the annual general meeting

Release Date: 27/05/2016 12:38
Code(s): JSE     PDF:  
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Report on proceedings at the annual general meeting

JSE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2005/022939/06
Share code: JSE
ISIN: ZA000079711
("JSE" or “the Company”)

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

At the 11th annual general meeting (“AGM”) of the shareholders of JSE Limited held yesterday, 26 May 2016 all the ordinary and special resolutions proposed at the
meeting were approved by the requisite majority of votes. In this regard, JSE Limited confirms the voting statistics from the AGM as follows:


                                                                   Votes disclosed as a percentage in      Number of          Shares voted          Shares
                                                                    relation to the total number of       shares voted       disclosed as a       abstained
                                                                     shares voted at the meeting                             percentage in      disclosed as a
 Resolutions                                                                                                                 relation to the    percentage in
                                                                                                                           total issued share   relation to the
                                                                                                                                capital*         total issued
                                                                         For              Against                                               share capital*
                                                                                                                                                
 Ordinary resolutions
 1 Adoption of annual financial statements and reports                100.00%              0.00%           58 407 100           67.23%              0.30%
 2.1 To elect Dr SP Kana as a director                                 99.82%              0.18%           58 573 532           67.42%              0.11%
 2.2 To re-elect Mr DM Lawrence as a director                          99.29%              0.71%           58 573 532           67.42%              0.11%
 2.3 To re-elect Mr AM Mazwai as a director                            99.79%              0.21%           58 573 532           67.42%              0.11%
 2.4 To re-elect Mr AD Botha as a director                             99.19%              0.81%           58 569 532           67.42%              0.12%
 3 To re-appoint KPMG Inc. as external auditors                        99.82%              0.18%           58 573 532           67.42%              0.11%
 4.1 Re-elect Mr NG Payne - Audit Committee chairman                   99.71%              0.29%           58 573 532           67.42%              0.11%
 4.2 Re-elect Mr AD Botha - Audit Committee member                     98.68%              1.32%           58 573 532           67.42%              0.11%
 4.3 Re-elect Ms NP Mnxasana - Audit Committee member                  94.99%              5.01%           58 573 532           67.42%              0.11%
 4.4 Elect Dr SP Kana - Audit Committee member                        100.00%              0.00%           58 573 532           67.42%              0.11%
 4.5 Elect Mr AM Mazwai - Audit Committee member                       99.69%              0.31%           58 573 532           67.42%              0.11%
 5 Non-binding advisory vote on the remuneration policy                99.51%              0.49%           58 568 699           67.42%              0.12%
 6 Authorisation of a director or company secretary to implement      100.00%              0.00%           58 573 532           67.42%              0.11%
   resolutions
 
Special resolutions
 7  Special Resolution 1: Authorising the provision of financial       99.73%              0.27%           58 479 322           67.31%              0.22%
    assistance in terms of section 44 and 45 of the Companies Act
 8  Special Resolution 2: General authority to repurchase shares      100.00%              0.00%           58 494 176           67.33%              0.20%
 9  Special Resolution 3: Authorising the provision of specific        99.59%              0.41%           58 479 322           67.31%              0.22%
    financial assistance for purposes of the JSE LTIS 2010 long-
    term incentive scheme
 10 Special Resolution 4.1: Proposed non-executive director            99.58%              0.42%           58 474 489           67.31%              0.23%
    emoluments for 2016
 11 Special Resolution 4.2: Proposed non-executive director            99.58%              0.42%           58 474 489           67.31%              0.23%
    emoluments for 2017

*Total issued share capital is 86 877 600 shares

The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.

Sandton
27 May 2016

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

Date: 27/05/2016 12:38:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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