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Results of Annual General Meeting
Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781
("Basil Read" or "the Company")
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are hereby advised that at the annual general meeting
of shareholders of the company held on Friday, 2 June 2017, all the
proposed ordinary and special resolutions, as set out in the notice
of annual general meeting contained in the integrated report which
was posted to shareholders on 26 April 2017, 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: 131 694 281
- Total number of issued ordinary shares net of treasury shares
(“Total Votable Ordinary Shares”): 131 675 770
- Total number of issued ordinary shares which were
present/represented at the annual general meeting: 86 853 487 being
65.96% of the Total Votable Ordinary Shares.
Ordinary Resolutions
Ordinary resolution number 1: Reappointment of Independent auditors
For (1) Against (1) Abstentions (2) Shares voted
(3)
78 867 802, 7 895 727, being 89 958, being 86 853 487,
being 90.90% 9.10% 0.068% being 65.96%
Ordinary resolution number 2: Election of directors
For (1) Against (1) Abstentions (2) Shares voted (3)
86 748 306, 95 279,
being 9 902, 86 853 487,
99.89% being 0.11% being 0.008% being 65.96%
Ordinary resolution number 3.1: Re-election of directors – TD Hughes
For (1) Against (1) Abstentions (2) Shares voted
(3)
86 665 302, 178 283, being 9 902, being 86 853 487,
being 99.79% 0.21% 0.008% being 65.96%%
Ordinary resolution number 3.2: Re-election of directors – ACG
Molusi
For (1) Against (1) Abstentions (2) Shares voted
(3)
53 989 527, 32 854 058, 9 902, being 86 853 487,
being 62.17% being 37.83% 0.008% being 65.96%
Ordinary resolution number 3.3: Re-election of directors – CE Manning
For (1) Against (1) Abstentions (2) Shares voted
(3)
86 748 406 being 95 179%, being 9 902, being 86 853 487,
99.89% 0.11% 0.008% being 65.96%
Ordinary resolution 4.1: Re-election of audit committee members –
DLT Dondur
For (1) Against (1) Abstentions (2) Shares voted
(3)
86 749 406 being 94 179, being 9 902, being 86 853 487,
99.89% 0.11% 0.008% being 65.96%
Ordinary resolution 4.2: Re-election of audit committee members – CE
Manning
For (1) Against (1) Abstentions (2) Shares voted
(3)
86 749 406 being 94 179, being 9 902, being 86 853 487,
99.89% 0.11% 0.008% being 65.96%
Ordinary resolution 4.3: Re-election of audit committee members –
MSI Gani
For (1) Against (1) Abstentions (2) Shares voted
(3)
86 749 306 being 94 279, being 9 902, being 86 853 487,
99.89% 0.11% 0.008% being 65.96%
Ordinary resolution 5: Approval of remuneration policy
For (1) Against (1) Abstentions (2) Shares voted
(3)
46 163 041, 40 680 544, 9 902, being 86 853 487,
being 53.16% being 46.84% 0.008% being 65.96%
Ordinary resolution 6: Basil Read Holdings Limited Long-term
Incentive Share Plan
For (1) Against (1) Abstentions (2) Shares voted
(3)
78 788 736, 7 994 783, being 69 968, being 86 853 487,
being 90.79% 9.21% 0.053% being 65.96%
Ordinary resolution 7: Signing of documents to effect resolution
number 6
For (1) Against (1) Abstentions (2) Shares voted
(3)
86 687 240, 95 179, being 71 068, being 86 853 487,
being 99.89% 0.11% 0.054% being 65.95%
Special resolutions
Special resolution 1: Remuneration of non-executive directors
For (1) Against (1) Abstentions (2) Shares voted
(3)
86 596 435, 186 084, being 70 968, being 86 853 487,
being 99.79% 0.21% 0.054% being 65.95%
Special resolution 2: Approval to grant financial assistance to
related or inter-related companies and others
For (1) Against (1) Abstentions (2) Shares voted
(3)
86 680 140, 101 879, being 71 468, being 86 853 487,
being 99.88% 0.12% 0.054% being 65.95%
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
2 June 2017
Company Secretary
Andiswa T Ndoni
JSE Sponsor
Grindrod Bank Limited
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