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

SASFIN HOLDINGS LIMITED - Results of AGM

Release Date: 30/11/2016 13:34
Code(s): SFN SFNP     PDF:  
Wrap Text
Results of AGM

Sasfin Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1987/002097/06)
Ordinary share code: SFN ISIN: ZAE000006565
Preference share code: SFNP ISIN: ZAE000060273
(“Sasfin” or “the Company”)


RESULTS OF THE ANNUAL GENERAL MEETING


The Board of directors of Sasfin hereby advises that, at the annual general meeting (“AGM”) of shareholders held
on 29 November 2016, the following resolutions, as set out in the notice of AGM, which was incorporated in the
Integrated Report 2016 distributed to shareholders on 31 October 2016, were duly approved by the requisite
majority of shareholders present and voting, either in person or represented by proxy.

Shareholders are advised that:

-        total number of shares in issue as at the date of the AGM: 32 301 441;
-        total number of shares that were present in person/represented by proxy at the AGM: 20 439 807 shares
         being 63% of the total number of shares in issue (“Shares Voted”);
-        Abstentions are represented below as a percentage of total number of shares in issue while the shares voted
         for and against are represented below as a percentage of the Shares Voted.


Details of the results of the voting are as follows:

                                                                   Shares voted        Shares           Shares
    Number       Item                                                   for            against         abstained
                                                                    20 123 407            0             316 400
    1.           To consider and accept the Annual Financial          100%                              0.980%
                 Statements
                                                                     20 123 407            0            316 400
    2.           To note the interim and final dividends               100%                             0.980%


    3.           Ordinary and Special resolutions


    3.1          Ordinary resolutions:


    3.1.1        Re-election of directors of the Company:

                                                                     20 123 407            0            316 400
                 1.1    To re-elect, as Non-Executive Director,        100%                             0.980%
                        Ms L De Beer

                                                                     20 123 407            0            316 400
                 1.2    To re-elect, as Non-Executive Director,        100%                             0.980%
                        Ms LJ Sennelo
                                                                20 123 407     0       316 400
 3.1.2      To re-appoint the independent and designated          100%                 0.980%
            auditors for the next financial year

                                                                18 620 460     0       1 819 347
 3.1.3      Endorsement of the Company’s Remuneration             100%                  5.632%
            Policy (non-binding vote)


 3.2        Special resolutions:

                                                                18 620 460     0       1 819 347
 3.2.1      General authority of the Company and/or its           100%                  5.632%
            subsidiaries to repurchase shares issued by the
            Company

                                                                18 507 697   112 763   1 819 347
 3.2.2      To approve the Non-Executive Directors fees          99.394%     0.606%     5.632%
            for the 2017 financial year

                                                                18 620 460     0       1 819 347
 3.2.3      General authority to provide financial assistance     100%                  5.632%
            to related or inter-related companies /
            corporations (section 45)

                                                                18 620 460     0       1 819 347
 3.2.4      General authority to provide financial assistance     100%                  5.632%
            for subscription of shares to related or
            inter-related companies (section 44)

 3.2.5      Amendment of Memorandum of Incorporation            18 620 460     0       1 819 347
                                                                  100%                  5.632%

Johannesburg
30 November 2016


Lead Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

Independent Sponsor
KPMG Services Proprietary Limited

Date: 30/11/2016 01:34:00 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