PALLINGHURST RESOURCES LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

PALLINGHURST RESOURCES LIMITED
(Incorporated in Guernsey)
(Guernsey registration Number: 47656)
(South African external company registration number 2009/012636/10)
Share code on the BSX: PALLRES ISIN: GG00B27Y8Z93
Share code on the JSE: PGL
("Pallinghurst" or the "Company")



Results of Annual General Meeting

Shareholders are advised that at the Company’s Annual General Meeting held on Wednesday 12 July 2017,
with the exception of Ordinary Resolutions 2, 3 and 4, which were withdrawn in advance of the meeting due to
Clive Harris and Stuart Platt-Ransom having resigned as Directors with effect from 11 July 2017, all of the
remaining resolutions set out in the notice of meeting and proposed at the meeting were passed by the
requisite majority of shareholders.

Details of the voting results at the AGM are as follows:

Total issued number of ordinary shares                                         760,452,631
Total number of shares present/represented including proxies at the
meeting (including shares abstained from voting)                               507,226,090
Percentage of ordinary shares represented at the meeting                            66.70%



Resolution proposed                                                              For         Against         Abstain*

Ordinary Resolution 1:
To adopt the Company’s Annual Report for the year ended 31                    505,853,172    1,231,000          141,918
December 2016.                                                                     99.76%        0.24%            0.04%

Ordinary Resolution 2:
To re-elect Clive Harris, who is retiring by rotation, as a Director of the
Company.                                                                               n/a             n/a          n/a

Ordinary Resolution 3:
To re-elect Stuart Platt-Ransom, who is retiring by rotation, as a
Director of the Company.                                                               n/a             n/a          n/a

Ordinary Resolution 4:
To elect each of Martin Tolcher, Clive Harris (subject to his re-election
as Director pursuant to ordinary resolution 2) and Stuart Platt-
Ransom (subject to his re-election as Director pursuant to ordinary
resolution 3) to the Company’s Audit Committee.                                        n/a             n/a          n/a

Ordinary Resolution 5:
To reappoint Saffery Champness as the Company’s auditor (until the              505,847,712       1,231,000     147,378
conclusion of the 2018 annual general meeting) and to authorise the                  99.76%           0.24%       0.03%
Directors to fix their remuneration.                                                

Non-binding advisory vote:
To endorse the Company’s Remuneration Policy (as set out within the             393,988,783      109,881,647   3,355,660
Remuneration Committee Report).                                                     78.19%%            21.81%       0.66%

*Abstentions are represented as a percentage of total issued number of ordinary shares.




Guernsey
13 July 2017

Sponsor
Investec Bank Limited

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