PRIMESERV GROUP LIMITED - Results of annual general meeting

Results of annual general meeting

Primeserv Group Limited
Incorporated in the Republic of South Africa
(Registration number 1997/013448/06)
Share code: PMV ISIN: ZAE000039277
(“Primeserv” or “the Company”)

RESULTS OF ANNUAL GENERAL MEETING

Results of Annual General Meeting
Primeserv is pleased to inform its shareholders that, at the annual
general meeting held today, 18 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: 132 062 743
- Total number of issued ordinary shares net of treasury shares
(“Total Votable Ordinary Shares”): 90 063 704
-   total   number   of   issued   ordinary   shares   which   were
present/represented at the annual general meeting: 59 250 427 being
65.79% of the Total Votable Ordinary Shares.

Ordinary Resolutions
Ordinary resolution 1: To confirm the re-appointment of Baker Tilly
SVG as independent auditors of the Company and M Greeff as the
designated auditor for the following year
For (1)          Against (1)        Abstentions (2)    Shares voted (3)
59 250 427,      0, being 0%        0, being 0%        59 250 427,
being 100%                                             being 65.79%

Ordinary resolution 2.1: To confirm the re-appointment as director
for CS Shiceka-Ntshingila
For (1)          Against (1)        Abstentions (2)    Shares voted (3)
59 250 427,      0, being 0%        0, being 0%        59 250 427,
being 100%                                             being 65.79%

Ordinary resolution 2.2: To confirm the re-appointment as director
for JM Judin
For (1)          Against (1)        Abstentions (2)    Shares voted (3)
49 669 823,      0, being 0%        9 580 604, being   49 669 823,
being 100%                          10.64%             being 55.15%
Ordinary resolution 3.1: To elect as member of the Audit,
Governance and Risk Committee, DL Rose
For (1)          Against (1)        Abstentions (2)    Shares voted (3)
59 250 427,      0, being 0%        0, being 0%        59 250 427,
being 100%                                             being 65.79%

Ordinary resolution 3.2: To elect as member of the Audit,
Governance and Risk Committee, JM Judin
For (1)          Against (1)        Abstentions (2)    Shares voted (3)
49 669 823,      0, being 0%        9 580 604, being   49 669 823,
being 100%                          10.64%             being 55.15%

Ordinary resolution 3.2: To elect as member of the Audit,
Governance and Risk Committee, CS Shiceka-Ntshingila
For (1)          Against (1)        Abstentions (2)    Shares voted (3)
59 250 427,      0, being 0%        0, being 0%        59 250 427,
being 100%                                             being 65.79%

Ordinary resolution 4: Endorsement of the Remuneration Policy
For (1)          Against (1)        Abstentions (2)    Shares voted (3)
49 669 813,      9 580 614, being   0, being 0%        59 250 427,
being 83.83%     16.17%                                being 65.79%

Ordinary resolution 5: Authority for directors or Company
Secretary to implement the resolutions
For (1)          Against (1)        Abstentions (2)    Shares voted (3)
59 250 427,      0, being 0%        0, being 0%        59 250 427,
being 100%                                             being 65.79%

Special resolutions
Special resolution 1: To confirm the non-executive directors’
remuneration
For (1)          Against (1)        Abstentions (2)    Shares voted (3)
59 250 427,      0, being 0%        0, being 0%        59 250 427,
being 100%                                             being 65.79%

Special resolution 2: Authority to provide financial assistance to
related or inter-related companies of the Company
For (1)          Against (1)        Abstentions (2)    Shares voted (3)
59 250 427,      0, being 0%        0, being 0%        59 250 427,
being 100%                                             being 65.79%

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.

Johannesburg
18 November 2016

Sponsor
Grindrod Bank Limited

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