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Results of Annual General Meeting
BALWIN PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/028851/06)
Share code: BWN
ISIN: ZAE000209532
("Balwin" or "the Company")
RESULTS OF ANNUAL GENERAL MEETING
Balwin shareholders are advised that at the annual general meeting of shareholders held on Friday, 9
September 2016 at 08h30 (“AGM”), all ordinary and special resolutions as set out in the notice of AGM
dated Friday, 5 August 2016 were approved by the requisite majority of shareholders present or
represented by proxy.
In this regard, Balwin confirms the voting statistics from the AGM as follows:
% Number
Total number of shares that could be voted at the AGM (“Total Shares”) 100.00 472,192,592
Total number of shares present/represented including proxies at the AGM (“Voted Shares”) 80.31% 379,201,436
Total number of members present 5
Votes in favour %* Votes against %* Abstentions %**
To consider the presentation 376,720,046 99.35% 2,481,000 0.65% 390 0.00%
of the annual financial
statements for the year ended
29 February 2016
Ordinary resolution 1:
appointment confirmation of 367,552,869 96.93% 11,648,177 3.07% 390 0.00%
Hilton Saven as a director
Ordinary resolution 2:
appointment confirmation of 377,634,406 99.59% 1,566,640 0.41% 390 0.00%
Ronen Zekry as a director
Ordinary resolution 3:
appointment confirmation of 379,201,046 100.00% - 0.00% 390 0.00%
Basani Maluleke as a director
Ordinary resolution 4:
appointment confirmation of 379,201,046 100.00% - 0.00% 390 0.00%
Kholeka Mzondeki as a
director
Ordinary resolution 5:
appointment confirmation of 379,201,046 100.00% - 0.00% 390 0.00%
Rodney Gray as a director
Ordinary resolution 6: to re-
elect Hilton Saven as a 365,121,370 96.29% 14,079,676 3.71% 390 0.00%
director of the Company
Ordinary resolution 7: to re-
elect Ronen Zekry as a 377,584,905 99.57% 1,616,141 0.43% 390 0.00%
director of the company
Ordinary resolution 8:
appointment of the auditors 375,577,082 99.04% 3,623,964 0.96% 390 0.00%
Ordinary resolution 9:
appointment of Basani 379,048,683 99.98% 77,363 0.02% 75,390 0.02%
Maluleke to the Audit and
Risk Committee
Ordinary resolution 10:
appointment of Kholeka 379,048,683 99.98% 77,363 0.02% 75,390 0.02%
Mzondeki to the Audit and
Risk Committee
Ordinary resolution 11:
appointment of Hilton Saven 344,444,487 90.83% 34,756,559 9.17% 390 0.00%
to the Audit and Risk
Committee
Ordinary resolution 12:
endorsement of the 357,127,254 94.18% 22,073,792 5.82% 390 0.00%
remuneration philosophy
Ordinary resolution 13:
placing unissued shares 349,619,699 92.22% 29,506,347 7.78% 75,390 0.02%
under directors' control
Ordinary resolution 14:
general authority to issue 346,517,261 91.40% 32,608,785 8.60% 75,390 0.02%
shares for cash
Special resolution 1: approval
of non-executive directors' 377,507,542 99.55% 1,693,504 0.45% 390 0.00%
fees
Special resolution 2: financial
assistance to related and 365,444,370 96.39% 13,681,676 3.61% 75,390 0.02%
inter-related companies
Special resolution 3: authority
to repurchase shares 379,126,046 100.00% - 0.00% 75,390 0.02%
Notes:
* Percentage of Voted Shares (excluding abstentions)
** Percentage of Total Shares
Bedfordview
9 September 2016
Corporate Advisor and Sponsor: Investec Bank Limited
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