To view the PDF file, sign up for a MySharenet subscription.

ARB HOLDINGS LIMITED - Results of Annual General Meeting

Release Date: 09/11/2016 13:00
Code(s): ARH     PDF:  
Wrap Text
Results of Annual General Meeting

ARB HOLDINGS LIMITED
Share code: ARH      ISIN: ZAE000109435
Registration number: 1986/002975/06)
(“the company”)

RESULTS OF ANNUAL GENERAL MEETING

Results of Annual General Meeting
Shareholders are advised that, at the annual general meeting held
today, 9 November 2016, all the proposed ordinary and special
resolutions were passed by the requisite majority of shareholders
present and voting, in person or by proxy.

Details of the results of voting at the annual general meeting are
as follows:
- total number of issued ordinary shares: 235 000 000
- Total number of issued ordinary shares net of treasury shares
(“Total Votable Ordinary Shares”): 235 000 000
-   total   number   of   issued   ordinary   shares    which   were
present/represented at the annual general meeting: 187 385 754 being
79.74% of the Total Votable Ordinary Shares.

Ordinary Resolutions
Ordinary resolution 1: Presentation of annual financial statements
For (1)           Against (1)        Abstentions (2)    Shares voted (3)
187 384 954,      0, being 0.00%     800, being 0.00%   187 384 954,
being 100.00%                                           being 79.74%

Ordinary resolution 2: General authority to issue shares for cash
For (1)           Against (1)        Abstentions (2)    Shares voted(3)
148 385 001,      38 999 953,        800, being 0.00%   187 384 954,
being 79.19%      being 20.814%                         being 79.74%

Ordinary resolution 3: Placing unissued shares under the control
of the Directors
For (1)           Against (1)        Abstentions (2)    Shares voted (3)
186 325 955,      1 058 999, being   800, being 0.00%   187 384 954,
being 99.43%      0.57%                                 being 79.74%

Ordinary resolution 4: Re-election of retiring Director, Ralph
Patmore
For (1)           Against (1)        Abstentions (2)    Shares voted (3)
187 384 254,      0, being 0.00%     1 500, being       187 384 954,
being 100.00%                        0.00%              being 79.74%

Ordinary resolution 5: Elect a Director appointed since the
previous AGM, James Dixon
For (1)           Against (1)        Abstentions (2)   Shares voted (3)
187 384 254,      0, being 0.00%     1 500, being      187 384 954,
being 100.00%                        0.00%             being 79.74%

Ordinary resolution 6: Election of Audit Committee members
For (1)          Against (1)        Abstentions (2)   Shares voted (3)
187 384 254,     0, being 0.00%     1 500, being      187 384 954,
being 100.00%                       0.00%             being 79.74%

Ordinary resolution 7: Reappointment of auditors and fixing of
remuneration
For (1)          Against (1)        Abstentions (2)   Shares voted (3)
187 384 254,     0, being 0.00%     1 500, being      187 384 954,
being 100.00%                       0.00%             being 79.74%

Ordinary resolution 8: Signature of documents
For (1)          Against (1)        Abstentions (2)   Shares voted (3)
187 384 254,     0, being 0.00%     1 500, being      187 384 954,
being 100.00%                       0.00%             being 79.74%

Ordinary resolution 9: Endorsement of ARB remuneration policy
(non-binding advisory vote)
For (1)          Against (1)        Abstentions (2)   Shares voted (3)
186 238 444,     1 143 700, being   3 610, being      187 384 954,
being 98.39%     0.61%              0.00%             being 79.74%

Special resolutions
Special resolution 1: General authority to repurchase Company
shares
For (1)          Against (1)        Abstentions (2)   Shares voted (3)
187 381 254,     0, being 0.00%     4 500, being      187 384 954,
being 100.00%                       0.00%             being 79.74%

Special resolution 2: Non-Executive Directors’ remuneration for
the year ending 30 June 2016
For (1)          Against (1)        Abstentions (2)   Shares voted (3)
183 751 627,     3 627 517, being   6 610, being      187 384 954,
being 98.06%     1.94%              0.00%             being 79.74%

Special resolution 3: Financial assistance for subscription of
securities
For (1)          Against (1)        Abstentions (2)   Shares voted (3)
187 381 254,     0, being 0.00%     4 500, being      187 384 954,
being 96.3897%                      0.00%             being 79.74%

Special resolution 4: Amendment to MOI for JSE rule changes for
fractions of shares
For (1)          Against (1)        Abstentions (2)   Shares voted (3)
187 381 254,     0, being 0.00%     4 500, being      187 384 954,
being 100.00%                       0.00%             being 79.74%

Notes:
(1) The votes carried for and against each individual resolution
are disclosed as a percentage in relation to the total number of
ordinary shares voted (whether in person or by proxy) in respect
of such individual resolution at the annual general meeting.
(2)The total number of ordinary shares abstained in respect of
each individual resolution (whether in person or by proxy) is
disclosed as a percentage in relation to the Total Votable Ordinary
Shares.
(3) The total number of ordinary shares voted (whether in person
or by proxy) at the annual general meeting in respect of each
individual resolution is disclosed as a percentage in relation to
the Total Votable Ordinary Shares.

The special resolutions will be filed with the Companies and
Intellectual Property Commission in due course.


Durban
9 November 2016

Sponsor
Grindrod Bank Limited

Date: 09/11/2016 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story