Sharenet Sites 
Sharenet Sites
Results of the annual general meeting and change in directors duties
W G WEARNE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005983/06)
(Share Code: WEA ISIN Code: ZAE000078002)
(“Wearne” or “the company”)
RESULTS OF ANNUAL GENERAL MEETING AND CHANGES TO DIRECTOR’S DUTIES
1) Results of annual general meeting
Shareholders are advised that, at the annual general meeting of Wearne held
today, all the resolutions as set out in the notice of annual general meeting
were passed by the requisite majority of shareholders save for Ordinary
resolutions 2,4 and 5. Ordinary resolution 3.3 was withdrawn as Mr Patel
resigned from the board of directors on 9 October 2017.
The number of shares voted in person or by proxy was 198 085 582 representing
71.67% of the total issued share capital of the same class of Wearne shares.
The resolutions proposed at the meeting, together with the percentage of
shares voted or abstained as well as the percentage of votes carried for and
against each resolution are displayed below:
Ordinary Resolution 1.1
Approval of the re-election of Mr WP van der Merwe as director of the
company.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 196 879 142 100%
VOTES AGAINST 0 0%
Ordinary Resolution 1.2
Approval of the re- election of Mr JJ Bierman as director of the company.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 196 879 142 100%
VOTES AGAINST 0 0%
Ordinary Resolution 1.3
Approval of the re-election of Mr T Chauke as director of the company.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 196 879 142 100%
VOTES AGAINST 0 0%
Ordinary Resolution 2:
Approval of the re-appointment of Grant Thornton as the independent registered
auditor of the company for the ensuing year.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 93 751 050 47.62%
VOTES AGAINST 103 128 092 52.38%
Ordinary Resolution 3
Approval of the audit committee members.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 196 879 142 100%
VOTES AGAINST 0 0%
Ordinary Resolution 3.1:
Approval of election of Mr W van der Merwe as a member of the company's Audit
& Risk Committee.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 061%
VOTES FOR 196 879 142 100%
VOTES AGAINST 0 0%
Ordinary Resolution 3.2:
Approval of election of Mr T Chauke as a member of the company's Audit &
Risk Committee.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 196 879 142 100%
VOTES AGAINST 0 0%
Ordinary Resolution 3.3:
This resolution was withdrawn as Mr Patel resigned from the board of directors
on 9 October 2017.
Ordinary Resolution 4:
Authority to directors to allot and issue unissued ordinary shares.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 113 711 178 57.76%
VOTES AGAINST 83 167 964 42.24%
Ordinary Resolution 5:
Authority to directors to issue shares for cash.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 113 711 178 57.76%
VOTES AGAINST 83 167 964 42.24%
Ordinary Resolution number 6:
Approval of the remuneration policy by way of a non-binding advisory
vote.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 196 629 142 99.87%
VOTES AGAINST 250 000 0.13%
Ordinary Resolution number 7:
Approval of signing authority.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 196 879 142 100%
VOTES AGAINST 0 0%
Special resolution no. 1:
General authority for the company to repurchase its own shares.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 196 879 142 100%
VOTES AGAINST 0 0%
Special Resolution 2:
Approval of the remuneration of non-executive directors.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.61%
VOTES FOR 196 879 142 100%
VOTES AGAINST 0 0%
Special Resolution 3:
Authority to provide financial assistance to related and inter-related companies.
SHARES VOTED 198 085 582 100%
SHARES ABSTAINED 1 206 440 0.62%
VOTES FOR 192 978 284 100%
VOTES AGAINST 0 0%
2) Changes to Director’s Duties
Shareholders are advised of the following changes in Director’s duties in terms
of section 3.59(c) of the JSE Listings Requirements:
Mr Terrence Chauke has been appointed as chairman of the risk committee, a
member of the audit committee, a member of the nominations committee and
chairman of the remuneration committee with effect from 3 November 2017.
Johannesburg
3 November 2017
Designated Adviser
Exchange Sponsors
Date: 03/11/2017 05:43:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
