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Results of annual general meeting
THE PIVOTAL FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/030215/06)
JSE share code: PIV ISIN: ZAE000196440
(“Pivotal”)
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that at the annual general meeting of shareholders held on Monday, 31 October 2016 (in terms of the
notice of annual general meeting dispatched to shareholders on 31 August 2016), all of the resolutions tabled thereat other than
ordinary resolution number 10, the general authority to issue shares for cash, were passed by the requisite majority of Pivotal
shareholders.
Details of the results of voting at the annual general meeting are as follows:
- total number of Pivotal shares that could have been voted at the annual general meeting: 329 187 661.
- total number of Pivotal shares that were present/represented at the annual general meeting: 211 412 501 being 64% of total
number of Pivotal shares that could have been voted at the annual general meeting.
To consider the presentation of the annual financial statements for the year ended 29 February 2016
Shares voted* For Against Abstentions^
210 969 291 210 969 291, being 100% - 443 210, being 0.13464%
Ordinary Resolution 1: Confirmation of the appointment of Saki Macozoma as independent chairman of the company
Shares voted* For Against Abstentions^
210 969 291 210 969 291, being 100% - 443 210, being 0.13464%
Ordinary Resolution 2: Re-election of Tony Dixon as a director of the company
Shares voted* For Against Abstentions^
210 969 291 210 969 291, being 100% - 443 210, being 0.13464%
Ordinary Resolution 3: Re-election of Chris Ewing as a director of the company
Shares voted* For Against Abstentions^
210 969 291 210 969 291, being 100% - 443 210, being 0.13464%
Ordinary Resolution 4: Re-appointment of auditors
Shares voted* Shares voted* Against Abstentions^
210 969 291 210 969 291, being 100% - 443 210, being 0.13464%
Ordinary Resolution 5: Appointment of Tony Dixon as chairman and member to the audit and risk committee
Shares voted* For Against Abstentions^
210 969 291 210 969 291, being 100% - 443 210, being 0.13464%
Ordinary Resolution 6: Appointment of Tom Wixley as a member to the audit and risk committee
Shares voted* For Against Abstentions^
210 969 291 210 969 291, being 100% - 443 210, being 0.13464%
Ordinary Resolution 7: Appointment of Chris Ewing as a member to the audit and risk committee
Shares voted* For Against Abstentions^
210 969 291 210 969 291, being 100% - 443 210, being 0.13464%
Ordinary Resolution 8: Endorsement of remuneration philosophy
Shares voted* For Against Abstentions^
210 969 291 167 025 098, being 79.17034% 43 944 193, being 20.82966% 443 210, being 0.13464%
Ordinary Resolution 9: Unissued shares placed under the control of the directors
Shares voted* For Against Abstentions^
210 969 291 143 831 983, being 68.17674% 67 137 308, being 31.82326% 443 210, being 0.13464%
Ordinary Resolution 10: General authority to issue shares for cash
Shares voted* For Against Abstentions^
210 969 291 154 451 390, being 73.21037% 56 517 901, being 26.78963% 443 210, being 0.13464%
Ordinary Resolution 11: Authority to action
Shares voted* For Against Abstentions^
210 969 291 202 924 085, being 96.18655% 8 045 206, being 3.81345% 443 210, being 0.13464%
Special Resolution 1: Remuneration of non-executive directors
Shares voted* For Against Abstentions^
210 969 291 210 969 291, being 100% - 443 210, being 0.13464%
Special Resolution 2: Financial assistance to related and inter-related companies
Shares voted* For Against Abstentions^
210 969 291 210 969 291, being 100% - 443 210, being 0.13464%
Special Resolution 3: Authority to repurchase shares by the company
Shares voted* For Against Abstentions^
210 969 291 198 394 161, being 94.03936% 12 575 130, being 5.96064% 443 210, being 0.13464%
*excluding abstentions
^ in relation to the shares that were present/represented at the annual general meeting
31 October 2016
Sponsor
Java Capital
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