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FINBOND GROUP LIMITED - Results of Annual General Meeting

Release Date: 30/06/2017 15:50
Code(s): FGL     PDF:  
Wrap Text
Results of Annual General Meeting

Finbond Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2001/015761/06)
Share code: FGL ISIN: ZAE000138095
('Finbond' 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, 30 June 2017, all the proposed
ordinary and special resolutions, as set out in the notice of annual
general meeting contained in the integrated report for the year ended 28
February 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: 762 210 879
- Total number of issued ordinary shares net of treasury shares (“Total
Votable Ordinary Shares”): 746 729 865
- Total number of issued ordinary shares which were present/represented at
the annual general meeting: 680 116 767 being 91.08% of the Total Votable
Ordinary Shares.

Ordinary Resolutions

Resolution to consider the audited annual financial statements
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 680 085 700,      0, being 0%        31 067, being     680 085 700,
 being 100%                           0.004%            being 91.08%

Ordinary resolution number 1: Control   over unissued share capital
 For (1)           Against (1)          Abstentions (2)   Shares voted (3)
 679 950 349,      135 351, being       31 067, being     680 085 700,
 being 99.98%      0.02%                0.004%            being 91.08%

Ordinary resolution number 2: General   authority to issue shares for cash
 For (1)           Against (1)          Abstentions (2)   Shares voted (3)
 679 950 349,      135 351, being       31 067, being     680 085 700,
 being 99.98%      0.02%                0.004%            being 91.08%

Ordinary resolution number 3: Re-appointment of auditors
 For (1)           Against (1)        Abstentions (2)    Shares voted (3)
 680 085 700,      0, being 0%        31 067, being      680 085 700,
 being 100%                           0.004%             being 91.08%

Ordinary resolution number 4: Re-election of Adv. N. Melville to the
Board of directors
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 680 085 700,      0, being 0%        31 067, being     680 085 700,
 being 100%                           0.004%            being 91.08%
Ordinary resolution number 5: Re-election of Dr M. Motlatla to the board
of directors
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 680 085 700,      0, being 0%        31 067, being     680 085 700,
 being 100%                           0.004%            being 91.08%

Ordinary resolution number 6: Re-election of Adv. J. Noeth to the board
of directors
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 680 085 700,      0, being 0%        31 067, being     680 085 700,
 being 100%                           0.004%            being 91.08%

Ordinary resolution number 7: Re-election of Mrs R Xaba   to the board of
directors
 For (1)           Against (1)        Abstentions (2)     Shares voted (3)
 680 085 700,      0, being 0%        31 067, being       680 085 700,
 being 100%                           0.004%              being 91.08%

Ordinary resolution number 8: Re-election of Ms H Wilken-Jonker to the
board of directors
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 680 085 700,      0, being 0%        31 067, being     680 085 700,
 being 100%                           0.004%            being 91.08%

Ordinary resolution number 9: Re-election of Mr DJ Brits to the board of
directors
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 680 085 700,      0, being 0%        31 067, being     680 085 700,
 being 100%                           0.004%            being 91.08%

Ordinary resolution 10: Election of Mr C van Heerden      to the board of
directors
 For (1)           Against (1)      Abstentions (2)       Shares voted (3)
 680 085 700,      0, being 0%      31 067, being         680 085 700,
 being 100%                         0.004%                being 91.08%

Ordinary resolution 11: Re-election of Mr H Kotze to the board of directors
 For (1)            Against (1)        Abstentions (2)    Shares voted (3)
 680 085 700,       0, being 0%        31 067, being      680 085 700,
 being 100%                            0.004%             being 91.08%

Ordinary resolution 12: Re-election of Mr DJ Brits to the audit committee
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 680 085 700,      0, being 0%        31 067, being     680 085 700,
 being 100%                           0.004%            being 91.08%

Ordinary resolution 13: Election of Adv. N Melville to the audit committee
 For (1)           Against (1)        Abstentions (2)    Shares voted (3)
680 085 700,       0, being 0%        31 067, being       680 085 700,
being 100%                            0.004%              being 91.08%

Ordinary resolution 14: Re-election of Ms R Xaba to the   audit committee
 For (1)           Against (1)        Abstentions (2)     Shares voted (3)
 680 085 700,      0, being 0%        31 067, being       680 085 700,
 being 100%                           0.004%              being 91.08%

Special resolutions
Special resolution 1: Remuneration policy for Non-Executive Directors
 For (1)            Against (1)       Abstentions (2)   Shares voted (3)
 680 085 700,       0, being 0%       31 067, being     680 085 700,
 being 100%                           0.004%            being 91.08%

Special resolution 2: Ratification of the inter group loans
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 680 085 700,      0, being 0%        31 067, being     680 085 700,
 being 100%                           0.004%            being 91.08%

Special resolution 3: General authority to repurchase shares
 For (1)           Against (1)        Abstentions (2)   Shares voted (3)
 680 085 700,      0, being 0%        31 067, being     680 085 700,
 being 100%                           0.004%            being 91.08%

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.

The relevant special resolutions will be lodged with the Companies and
Intellectual Property Commission in due course.

Pretoria

30 June 2016
Sponsor: Grindrod Bank Limited

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