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ECSPONENT LIMITED - Results of general meetings

Release Date: 06/11/2017 08:43
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Results of general meetings

ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
(“Ecsponent”)

 JSE Code: ECS ISIN: ZAE000179594
 (“Ordinary Shares”)

 Series 1 Class A Preference Shares   Series 2 Class A Preference Shares   Series 3 Class A Preference Shares
 JSE Code: ECSP1                      JSE Code: ECSP4                      JSE Code: ECSP7
 ISIN: ZAE000196317                   ISIN: ZAE000202495                   ISIN: ZAE000210480

 Series 4 Class A Preference Shares   Series 5 Class A Preference Shares
 JSE Code: ECSP10                     JSE Code: ECSP13
 ISIN: ZAE000217196                   ISIN: ZAE000244844

 (Collectively “Class A Preference Shares”)

 Series 1 Class B Preference Shares   Series 2 Class B Preference Shares   Series 3 Class B Preference Shares
 JSE Code: ECSP2                      JSE Code: ECSP5                      JSE Code: ECSP8
 ISIN: ZAE000196309                   ISIN: ZAE000202503                   ISIN: ZAE000210498

 Series 4 Class B Preference Shares   Series 5 Class B Preference Shares   Series 6 Class B Preference Shares
 JSE Code: ECSP11                     JSE Code: ECSP14                     JSE Code: ECSP17
 ISIN: ZAE000214441                   ISIN: ZAE000221362                   ISIN: ZAE000229878

 Series 7 Class B Preference Shares   Series 8 Class B Preference Shares   Series 9 Class B Preference Shares
 JSE Code: ECSP20                     JSE Code: ECSP23                     JSE Code: ECSB9
 ISIN: ZAE000241717                   ISIN: ZAE000246112                   ISIN: ZAE000250049

 (Collectively “Class B Preference Shares”)

 Series 1 Class C Preference Shares   Series 2 Class C Preference Shares   Series 3 Class C Preference Shares
 JSE Code: ECSP3                      JSE Code: ECSP6                      JSE Code: ECSP9
 ISIN: ZAE000196291                   ISIN: ZAE000202511                   ISIN: ZAE000210506

 Series 4 Class C Preference Shares   Series 5 Class C Preference Shares   Series 6 Class C Preference Shares
 JSE Code: ECSP12                     JSE Code: ECSP15                     JSE Code: ECSP18
 ISIN: ZAE000218525                   ISIN: ZAE000222501                   ISIN: ZAE000231205

 Series 7 Class C Preference Shares   Series 8 Class C Preference Shares
 JSE Code: ECSP21                     JSE Code: ECSP24
 ISIN: ZAE000241725                   ISIN: ZAE000246757

 (Collectively “Class C Preference Shares”)

RESULTS OF GENERAL MEETINGS

Shareholders are advised that the special and ordinary resolutions set out below were approved by the
requisite majority of votes at the general meetings of Ecsponent ordinary shareholders and Class A,
Class B and Class C Preference shareholders held on 2 November 2017 (“General Meetings”).
GENERAL MEETING OF ORDINARY SHAREHOLDERS
The total number of Ecsponent ordinary shares in issue is 1 079 550 795 shares of which 786 533 639
shares have been voted at the General Meeting, representing 72.9%

 Resolutions                               Shares voted                Votes        Votes    Votes
                                                                   Abstained    In favour   Against
                                           Number        % (1)        % (1)         % (2)    % (2)
 Special resolution number 1            782 913 635       72.5          0.3         100.0      0.0
 Amendment to the Memorandum
 of Incorporation to provide for the
 voluntary redemption by the
 Company of the Class A, Class B
 and Class C preference shares

 Ordinary resolution number 2           782 913 635       72.5          0.3         100.0      0.0
 Directors’ authorising resolution

Notes:
1. As a percentage of total ordinary shares in issue.
2. As a percentage of shares voted.

GENERAL MEETING OF CLASS A PREFERENCE SHAREHOLDERS
The total number of Ecsponent Class A Preference shares in issue is 722 969 shares of which 237 023
shares have been voted at the General Meeting, representing 32.8%.

 Resolutions                               Shares voted                Votes        Votes    Votes
                                                                   Abstained    In favour   Against
                                            Number       % (1)        % (1)         % (2)    % (2)
 Special resolution number 1                237 023       32.8           0.0        100.0      0.0
 Amendment to the Memorandum
 of Incorporation to provide for the
 voluntary redemption by the
 Company of the Class A
 preference shares

 Ordinary resolution number 2               237 023       32.8           0.0        100.0      0.0
 Directors’ authorising resolution

Notes:
1. As a percentage of total Class A Preference shares in issue.
2. As a percentage of shares voted.

GENERAL MEETING OF CLASS B PREFERENCE SHAREHOLDERS
The total number of Ecsponent Class B Preference shares in issue is 2 513 368 shares of which 696 118
shares have been voted at the General Meeting, representing 27.7%.

 Resolutions                               Shares voted                Votes        Votes    Votes
                                                                   Abstained    In favour   Against
                                            Number       % (1)        % (1)         % (2)    % (2)
 Special resolution number 1                696 118       27.7           0.0        100.0      0.0
 Amendment to the Memorandum
 of Incorporation to provide for the
 voluntary redemption by the
 Company of the Class B
 preference shares

 Ordinary resolution number 2               696 118       27.7           0.0        100.0      0.0
 Directors’ authorising resolution

Notes:
1. As a percentage of total Class B Preference shares in issue.
2. As a percentage of shares voted.

GENERAL MEETING OF CLASS C PREFERENCE SHAREHOLDERS
The total number of Ecsponent Class C Preference shares in issue is 7 294 514 shares of which
2 469 450 shares have been voted at the General Meeting, representing 33.9%.

 Resolutions                               Shares voted                Votes        Votes    Votes
                                                                   Abstained    In favour   Against
                                            Number       % (1)        % (1)         % (2)    % (2)
 Special resolution number 1               2 469 450      33.9           0.0        100.0      0.0
 Amendment to the Memorandum
 of Incorporation to provide for the
 voluntary redemption by the
 Company of the Class C
 preference shares

 Ordinary resolution number 2              2 469 450      33.9           0.0        100.0      0.0
 Directors’ authorising resolution

Notes:
1. As a percentage of total Class C Preference shares in issue.
2. As a percentage of shares voted.

Pretoria
6 November 2017

Sponsor and Corporate Adviser
Questco Corporate Advisory (Pty) Ltd

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