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Results of annual general meeting
BALWIN PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/028851/06)
Share code: BWN
ISIN: ZAE000209532
("Balwin" or "the Company")
RESULTS OF ANNUAL GENERAL MEETING
Balwin shareholders are advised that at the annual general meeting of shareholders held on Tuesday,
10 October 2017 at 08h00 (“AGM”), all ordinary and special resolutions as set out in the notice of AGM
dated Thursday, 31 August 2016 were approved by the requisite majority of shareholders present or
represented by proxy.
In this regard, Balwin confirms the voting statistics from the AGM as follows:
% Number
Total number of shares that could be voted at the AGM (“Total Shares”) 100.00 472,192,592
Total number of shares present/represented including proxies at the AGM (“Voted Shares”) 75% 355,124,932
Total number of members present 7
Votes in favour %* Votes against %* Abstentions %**
Ordinary resolution 1: 354,999,818 100.00% 538 0.00% 124,576 0.03%
appointment confirmation of
Arnold Shapiro as a director
Ordinary resolution 2: 354,953,603 99.99% 45,753 0.01% 125,576 0.03%
appointment confirmation of
Thoko Mokgosi-Mwantembe
as a director
Ordinary resolution 3: 354,998,818 100.00% 538 0.00% 125,576 0.03%
appointment confirmation of
Tomi Amosun as a director
Ordinary resolution 4: re- 354,998,916 100.00% 440 0.00% 125,576 0.03%
election of Kholeka Mzondeki
as a director
Ordinary resolution 5: 355,001,266 100% 440 0.00% 123,226 0.03%
appointment of the auditors
Ordinary resolution 6: 354,998,916 100% 1,440 0.00% 124,576 0.03%
appointment of Kholeka
Mzondeki to the Audit and
Risk Committee
Ordinary resolution 7: 354,998,818 100% 538 0.00% 125,576 0.03%
appointment of Tomi Amosun
to the Audit and Risk
Committee
Ordinary resolution 8: 329,321,012 92.77% 25,679,344 7.23% 124,576 0.03%
appointment of Hilton Saven
to the Audit and Risk
Committee
Ordinary resolution 9: 354,999,916 100% 440 0.00% 124,576 0.03%
appointment of Arnold
Shapiro to the Audit and Risk
Committee
Ordinary resolution 10: 329,276,700 92.75% 25,722,656 7.25% 125,576 0.03%
remuneration policy
endorsement of the
Ordinary resolution 11: 338,363,450 95.31% 16,639,656 4.69% 121,826 0.03%
shares for cash
general authority to issue
Ordinary resolution 12: 328,507,138 92.54% 26,494,568 7.46% 123,226 0.03%
adoption of the Balwin
Conditional Share Plan
Special resolution 1: approval 354,988,418 100% 10,938 0.00% 125,576 0.03%
of non-executive directors'
fees
Special resolution 2: financial 354,915,493 99.98% 85,022 0.02% 124,417 0.03%
assistance to related and
inter-related companies
Special resolution 3: authority 354,998,666 100.00% 5,249 0.00% 121,017 0.03%
to repurchase shares
Notes:
* Percentage of Voted Shares (excluding abstentions)
** Percentage of Total Shares
Bedfordview
10 October 2017
Corporate Advisor and Sponsor: Investec Bank Limited
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