Wrap Text
Results of annual general meeting and changes to the board
ECHO POLSKA PROPERTIES N.V.
(Incorporated in The Netherlands)
(Company number 64965945)
JSE share code: EPP
ISIN: NL0011983374
(“EPP or “the company”)
RESULTS OF ANNUAL GENERAL MEETING AND CHANGES TO THE BOARD
Shareholders are advised that at the annual general meeting of shareholders held on Friday, 19 May 2017 (in terms of the notice
dispatched on 20 April 2017) all of the resolutions tabled thereat were passed by the requisite majority of EPP shareholders.
Details of the results of voting at the annual general meeting were as follows:
- total number of EPP shares in issue as at the date of the annual general meeting: 704 970 211
- total number of EPP shares that were present/represented at the annual general meeting: 447 293 468 being 63.45% of the
total number of EPP shares that could have been voted at the annual general meeting.
Resolution 1: To adopt remuneration policy for the Board
Shares voted* For Against Abstentions^
412 260 040 384 933 736, being 93.37% 27 326 304, being 6.63% 35 033 428, being 4.97%
Resolution 2: To adopt the 2016 annual accounts
Shares voted* For Against Abstentions^
446 370 152 446 370 152, being 100% - 923 316, being 0.13%
Resolution 3: To discharge the members of the Board from liability for the performance of their duties in the financial year
Shares voted* For Against Abstentions^
446 262 147 414 777 639, being 92.94% 31 484 508, being 7.06% 1 031 321, being 0.15%
Resolution 4.a.1: To reappoint Mr HJT Dean as executive director of the Board
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
Resolution 4.a.2: To appoint Mr J Baginski as executive director of the Board
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
Resolution 4.b.1: To reappoint Mr R Weisz as non-executive director of the Board and approval of dual role as chairman of the board
and member of the audit committee
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
Resolution 4.b.2: To reappoint Mr M Wainer as non-executive director of the Board
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
Resolution 4.b.3: To reappoint Mr AJ König as non-executive director of the Board
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
Resolution 4.b.4: To reappoint PJR Driessen as non-executive director of the Board
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
Resolution 4.b.5: To reappoint Ms DT Hirschowitz as non-executive director of the Board
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
Resolution 4.b.6: To reappoint Ms AP Steer as non-executive director of the Board
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
Resolution 4.b.7: To reappoint Mr MM Belka as non-executive director of the Board
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
Resolution 4.b.8: To reappoint Mr MW Dyjas as non-executive director of the Board
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
Resolution 4.b.9: To reappoint Mr N Senman as non-executive director of the Board
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
Resolution 4.b.10: To appoint Mr P Krych as non-executive director of the Board
Shares voted* For Against Abstentions^
443 936 157 443 888 032, being 99.99% 48 125, being 0.01% 3 357 311, being 0.48%
Resolution 5: To adopt dividend policy
Shares voted* For Against Abstentions^
443 859 156 443 859 156, being 100% - 3 434 312, being 0.49%
Resolution 6: To establish the remuneration of the non-executive directors of the Board for the 2016 and 2017 financial years
Shares voted* For Against Abstentions^
420 858 889 420 326 065, being 99.87% 532 824, being 0.13% 26 434 579, being 3.75%
Resolution 7.a: To authorise the Board to issue ordinary shares and/or grant rights to subscribe for ordinary shares
Shares voted* For Against Abstentions^
420 858 889 379 418 014, being 90.15% 41 440 875, being 9.85% 26 434 579, being 3.75%
Resolution 7.b: To authorise the Board to issue ordinary shares and/or grant rights to subscribe for ordinary shares for cash
Shares voted* For Against Abstentions^
443 936 157 402 805 160, being 90.73% 41 130 997, being 9.27% 3 357 311, being 0.48%
Resolution 8: To authorise the Board to limit or exclude pre-emption rights
Shares voted* For Against Abstentions^
446 263 447 414 864 373, being 92.96% 31 399 074, being 7.04% 1 030 021, being 0.15%
Resolution 9: To authorise the Board to acquire shares
Shares voted* For Against Abstentions^
446 263 447 421 414 701, being 94.43% 24 848 746, being 5.57% 1 030 021, being 0.15%
Resolution 10: To amend the company’s articles of association and to authorise each member of the board and each employee of
Loyens & Loeff N.V. to execute the deed of amendment
Shares voted* For Against Abstentions^
446 263 447 446 263 447, being 100% - 1 030 021, being 0.15%
* Excluding abstentions
^ In relation to total shares in issue
CHANGES TO THE BOARD
Shareholders are further advised that Mr M Drozd has retired from the Board with immediate effect. Mr J Baginski’s appointment to
the Board as the new chief financial officer effective 19 May 2017 was confirmed by shareholders at the annual general meeting and
Mr P Krych has been appointed as a non-executive director to the Board effective 19 May 2017.
19 May 2017
JSE Sponsor
Java Capital
LuxSE Listing Agent
M Partners
More information:
Magda Cieliczko, Marketing Director Echo Polska Properties
Mobile: +48 603 203 619
magda.cieliczko@echo-pp.com
Java Capital, JSE Sponsor
Phone: +27 11 722 3050
M Partners, LuxSE Listing Agent
Phone: +352 263 868 602
Jacques de Bie, South Africa, Investor Relations, Singular Systems IR
Mobile: +27 (0)82 691 5384
Date: 19/05/2017 05:20:00 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.