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PPC LIMITED - Results of Annual General Meeting (AGM)

Release Date: 01/11/2016 11:30
Code(s): PPC     PDF:  
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Results of Annual General Meeting (AGM)

PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
ISIN: ZAE000170049
JSE / ZSE Share Code: PPC
("PPC" or the "Company")

Results of Annual General Meeting (AGM)

PPC advises its shareholders that all the proposed ordinary and special resolutions
contained in the Notice of the AGM (“Notice”) dated 12 September 2016 and tabled at
the Company’s AGM held on Monday, 31 October 2016 were passed by the requisite
majority of votes cast by shareholders, with the exception of ordinary resolutions
9 and 10 which were withdrawn at the AGM.


Resolutions proposed                         Number of   Shares   Percentage   Percentage   Percentage
                                          shares voted   voted*          For      Against   Abstained*
Ordinary Resolution 1: Reappointment     1,140,569,198      71%     99.90307      0.09693      0.04949
of a director – Ms N Goldin

                                         1,140,569,198
Ordinary Resolution 2: Reappointment                        71%     99.44500      0.55500      0.04949
of a director – Mr T Moyo

                                         1,140,569,198
Ordinary Resolution 3: Reappointment                        71%     99.57426      0.42574      0.04942
of external auditors, Deloitte &
Touche
                                         1,140,569,198
Ordinary Resolution 4: authority to                         71%     99.57691      0.42309      0.05011
fix remuneration of external auditors

                                         1,140,569,198
Ordinary Resolution 5: Appointment of                       71%     99.89337      0.10663      0.04997
audit committee member – Ms N Goldin

                                         1,140,569,198
Ordinary Resolution 6: Appointment of                       71%     99.44699      0.55301      0.04997
audit committee member – Mr T Moyo

                                         1,140,569,198
Ordinary Resolution 7: Appointment of                       71%     98.81347      1.18653      0.06568
audit committee member – Mr TDA Ross

                                         1,140,569,198
Ordinary Resolution 8: Confirmation of                      71%     85.36863     14.63137      0.07657
remuneration policy

Ordinary Resolution 9: Placing the
shares under the control of the          Withdrawn
directors

Ordinary Resolution 10: General
                                         Withdrawn
authority to issue shares for cash

                                         1,140,569,198
Special Resolution 1 – S45 Financial                        71%     97.70521      2.29479      0.05363
assistance

                                         1,140,569,198
Special Resolution 2 – General                              71%     99.29201      0.70799      0.06059
authority to repurchase company shares


* As a percentage to the total number of PPC ordinary shares in issue


Jaco Snyman
Company Secretary

1 November 2016

Sponsor:
Merrill Lynch South Africa (Pty) Limited

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