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AFROCENTRIC INVESTMENT CORP LIMITED - Updated Results Of The Annual General Meeting

Release Date: 04/11/2016 15:00
Code(s): ACT     PDF:  
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Updated Results Of The Annual General Meeting

AfroCentric Investment Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1988/000570/06)
JSE Code: ACT ISIN: ZAE000078416
(“the Company”)


UPDATED RESULTS OF THE ANNUAL GENERAL MEETING


Shareholders are referred to the "Changes to the Board and Results of the Annual General Meeting" announcement
released on SENS on Wednesday, 2 November 2016 (“the Announcement”) and are advised that the voting results
relating to ordinary resolution number 2.1 for the re-election of Mr JG Appelgryn as a director and ordinary resolution
number 3.3 for the re-appointment of Mr A Banderker as a member of the audit committee were incorrectly collated at the
annual general meeting.



Accordingly, the revised results for ordinary resolution numbers 2.1 and 3.3 are set out below:

                                                                                 Shares voted for    Shares voted
Resolution                                                                                             against

Ordinary resolution number 2:
Retirement and re-election of directors
                                                                                        59 160 702       313 057 428
2.1 Mr JG Appelgryn                                                                        15.89%            84.11%
                                                                                        See note 1
Ordinary resolution number 3:
Appointment of chairperson and members of the audit committee
                                                                                      305 581 748         66 636 382
3.3 Mr A Banderker                                                                        82.10%             17.90%



Note 1:    Given the result of ordinary resolution number 2.1, Mr JG Appelgryn has ceased to serve as a non-executive
           director of the Company with effect from 1 November 2016.

There were no further updates to the Announcement other than the above.

Johannesburg
4 November 2016


Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

Date: 04/11/2016 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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