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JASCO ELECTRONICS HOLDINGS LIMITED - Results of Annual General Meeting

Release Date: 02/11/2017 16:25
Code(s): JSC     PDF:  
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Results of Annual General Meeting

JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1987/003293/06)
Share Code: JSC    ISIN: ZAE000003794
("Jasco" or “the group”)

RESULTS OF ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting
of shareholders of the company held on Wednesday, 1 November 2017,
all the proposed ordinary and special resolutions, as set out in the
notice of annual general meeting contained in the Integrated Annual
Report which was posted to shareholders on 29 September 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: 229 319 191
- Total number of issued ordinary shares net of treasury shares
(“Total Votable Ordinary Shares”): 226 911 957
-   Total   number   of   issued   ordinary    shares   which   were
present/represented at the annual general meeting: 154 836 426 being
68.24% of the Total Votable Ordinary Shares.

Ordinary Resolutions

Ordinary resolution number 1: Re-election of DR ATM Mokgokong as a
director
 For (1)          Against (1)     Abstentions (2) Shares voted
                                                   (3)
154 836 326      100, being 0%      464 929, being   154 836 426
being 100%                          0.2%             being 68.24%

Ordinary resolution number 2: Re-election of Mr JC Farrant as a
director
 For (1)         Against (1)     Abstentions (2) Shares voted
                                                 (3)
154 836 326      100, being 0%      464 929, being   154 836 426
being 100%                          0.2%             being 68.24%

Ordinary resolution number 3: Appointment of Mrs PF Radebe as a non-
executive director
 For (1)          Against (1)      Abstentions (2) Shares voted
                                                    (3)
154 836 326      100, being 0%      464 929, being   154 836 426
being 100%                          0.2%             being 68.24%

Ordinary resolution number 4: Appointment of Ms TP Zondi as a non-
executive director
 For (1)          Against (1)     Abstentions (2) Shares voted
                                                   (3)
154 836 326      100, being 0%     464 929, being   154 836 426
being 100%                         0.2%             being 68.24%

Ordinary resolution number 5: Appointment of Mrs SM Samuels as an
executive director
 For (1)          Against (1)     Abstentions (2) Shares voted
                                                  (3)
154 836 326      100, being 0%     464 929, being   154 836 426
being 100%                         0.2%             being 68.24%

Ordinary resolution number 6: Appointment of Mr TS Petje as an
executive director
 For (1)          Against (1)    Abstentions (2) Shares voted
                                                 (3)
154 836 326      100, being 0%     464 929, being   154 836 426
being 100%                         0.2%             being 68.24%

Ordinary resolution number 7: Election of group Audit and Risk
Committee members
 For (1)          Against (1)   Abstentions (2) Shares voted
                                                (3)
154 836 326      100, being 0%     464 929, being   154 836 426
being 100%                         0.2%             being 68.24%

Ordinary resolution number 8: Election of group Social and Ethics
Committee members
 For (1)          Against (1)     Abstentions (2) Shares voted
                                                  (3)
154 836 326      100, being 0%     464 929, being   154 836 426
being 100%                         0.2%             being 68.24%

Ordinary resolution number 9: Re-appointment of independent external
auditors
 For (1)          Against (1)      Abstentions (2) Shares voted
                                                    (3)
154 836 326      100, being 0%     464 929, being   154 836 426
being 100%                         0.2%             being 68.24%

Ordinary resolution number 10: Approval of the remuneration policy
 For (1)          Against (1)      Abstentions (2) Shares voted
                                                    (3)
154 836 326      100, being 0%     464 929, being   154 836 426
being 100%                         0.2%             being 68.24%
Ordinary resolution number 11: General authority to place the
authorised but unissued shares under the directors’ control
 For (1)          Against (1)      Abstentions (2) Shares voted
                                                    (3)
154 836 326      100, being 0%     464 929, being   154 836 426
being 100%                         0.2%             being 68.24%

Ordinary resolution number 12: General authority to issue shares,
and to sell treasury shares for cash
 For (1)          Against (1)      Abstentions (2) Shares voted
                                                   (3)
154 836 426      0, being 0%       464 929, being   154 836 426
being 100%                         0.2%             being 68.24%

Ordinary resolution number 13: Authorise directors and/or company
secretary
 For (1)         Against (1)      Abstentions (2) Shares voted
                                                  (3)
154 836 326      100, being 0%     464 929, being   154 836 426
being 100%                         0.2%             being 68.24%



Special resolutions

Special resolution number 1:Non-executive directors’ fees
 For (1)          Against (1)      Abstentions (2) Shares voted
                                                    (3)
154 828 826      7 600, being 0%   464 929, being   154 836 426
being 100%                         0.2%             being 68.24%

Special resolution number 2: Financial assistance to a related or
inter-related company or companies
 For (1)          Against (1)      Abstentions (2) Shares voted
                                                   (3)
154 828 826      7 600, being 0%   464 929, being   154 836 426
being 100%                         0.2%        being 68.24%


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.

Midrand
2 November 2017

Sponsor: Grindrod Bank Limited

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