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Drdgold Limited - Results Of Annual General Meeting

Release Date: 25/11/2016 11:35
Code(s): DRD
 
Wrap Text
Results of annual general meeting

DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
ISIN: ZAE000058723
NYSE trading symbol: DRD
(“DRDGOLD” or the “Company”)

RESULTS OF ANNUAL GENERAL MEETING

DRDGOLD shareholders are advised that at the annual general meeting (“AGM”) of
shareholders held on Friday, 25 November 2016, all the ordinary and special resolutions,
save for ordinary resolution number 5, as set out in the notice of AGM dated 21 September
2016, were approved by the requisite majority of shareholders present or represented by
proxy.

All resolutions proposed at the AGM, together with the percentage of shares abstained, as
well as the percentage of votes carried for and against each resolution, are as follows:

Ordinary resolution number 1: To reappoint KPMG Inc. as independent auditors of the
Company for the ensuing period terminating on the conclusion of the next AGM of the
Company

Shares Voted          Abstained               For                      Against

272 973 131           185 641                 272 767 461              205 670
63.27%                0.04%                   99.92%                   0.08%


Ordinary resolution number 2: To elect Mr JA Holtzhausen as a director of the Company

Shares Voted          Abstained               For                      Against

272 686 791           471 981                 272 354 181              332 610
63.21%                0.11%                   99.88%                   0.12%


Ordinary resolution number 3: To re-elect Mr J Turk as a director of the Company

Shares Voted          Abstained               For                      Against

272 773 051           385 721                 272 278 981              494 070
63.23%                0.09%                   99.82%                   0.18%


Ordinary resolution number 4: To re-elect Mr DJ Pretorius as a director of the Company

Shares Voted           Abstained              For                    Against

272 766 271            392 501                272 410 311            355 960
63.22%                 0.09%                  99.87%                 0.13%


Ordinary resolution number 5: General authority to issue securities for cash

Shares Voted           Abstained              For                    Against

272 708 777            449 995                196 461 824            76 246 953
63.21%                 0.10%                  72.04%                 27.96%


Ordinary resolution number 6.1 – 6.4: Election of Audit Committee members

Ordinary resolution number 6.1: Appointment of Mr JA Holtzhausen – Chairman

Shares Voted           Abstained              For                    Against

272 775 841            382 931                272 330 111            445 730
63.23%                 0.09%                  99.84%                 0.16%


Ordinary resolution number 6.2: Appointment of Mr EA Jeneker

Shares Voted           Abstained              For                    Against

272 760 541            398 231                272 112 118            648 423
63.22%                 0.09%                  99.76%                 0.24%


Ordinary resolution number 6.3: Appointment of Mr J Turk

Shares Voted           Abstained              For                    Against

272 835 771            323 001                272 244 191            591 580
63.24%                 0.07%                  99.78%                 0.22%


Ordinary resolution number 6.4: Appointment of Mr GC Campbell

Shares Voted           Abstained              For                    Against

272 834 051            324 721                266 757 333            6 076 718
63.24%                 0.08%                  97.77%                 2.23%


Ordinary resolution number 7: Endorsement of the Remuneration Policy

Shares Voted           Abstained               For                    Against

257 867 017            15 291 755              195 039 632            62 827 385
59.77%                 3.54%                   75.64%                 24.36%


Ordinary resolution number 8: To authorise the directors to sign all required documents

Shares Voted           Abstained               For                    Against

272 937 081            221 691                 272 589 981            347 100
63.26%                 0.05%                   99.87%                 0.13%


Special resolution number 1: General authority to repurchase issued securities

Shares Voted           Abstained               For                    Against

272 863 297            295 475                 272 121 837            741 460
63.25%                 0.07%                   99.73%                 0.27%


Special resolution number 2: General authority to provide financial assistance in terms of
sections 44 and 45 of the Companies Act

Shares Voted           Abstained               For                    Against

272 066 739            1 092 033               271 223 950            842 789
63.06%                 0.25%                   99.69%                 0.31%


Notes
   - Percentages of shares voted are calculated in relation to the total issued share
      capital of DRDGOLD.
   - Percentages of shares voted for and against are calculated in relation to the total
      number of shares voted for each resolution.
   - Abstentions are calculated as a percentage in relation to the total issued share
      capital of DRDGOLD.


Johannesburg
25 November 2016

Sponsor
One Capital

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