CENTRAL RAND GOLD LIMITED - Replacement: Results of Annual General Meeting

Release Date: 21/11/2017 12:25
Code(s): CRD
 
Wrap Text
Replacement: Results of Annual General Meeting

Central Rand Gold Limited
(Incorporated as a company with limited liability under the laws of Guernsey,
Company Number 45108)
(Incorporated as an external company with limited liability under the laws of South Africa,                                   
Registration number 2007/019223/10)                                       
ISIN: GG00B92NXM24
JSE share code: CRD
(“Central Rand Gold” or “the Company”)


REPLACEMENT: RESULTS OF ANNUAL GENERAL MEETING


The Board of Central Rand Gold announces that the voting figures announced by the Company on Friday,
17 November 2017 in respect of the “Results of Annual General Meeting” were incomplete. The Board
notes with concern that this is the second time in succession that an error has been made by the South
African Registrar, Terbium Financial Services Proprietary Limited, leading to a requirement for the
Company to restate the results of the respective General Meetings. The Board is reviewing this matter
internally. As a result, the following amendment has been made to the “Results of Annual General Meeting”
announcement released on Friday, 17 November 2017 at 15:40 (SA time) on SENS. Each of the votes
referred to below was counted at the meeting on a poll. The result of the meeting remains unchanged.

                                                                  % of votes      % of votes
                                                             carried for the     against the    % of shares
                                                                  resolution      resolution      abstained
 Extraordinary Resolution
 7.   To disapply pre-emption rights and empower the                   75.64           24.36           0.17
      directors to allot equity securities wholly for cash


All other details remain unchanged. The full amended text is shown below.


Shareholders are hereby advised that at the Annual General Meeting of Central Rand Gold held at 11:00
on Friday, 17 November 2017 (UK time), all resolutions put to the meeting were passed by the requisite
number of shareholders.

The number of shares voted in person or by proxy was 59 703 038, representing 20.19% of the total issued
share capital of the same class of Central Rand Gold shares.

The resolutions proposed at the meeting, together with the percentage of shares abstained, as well as the
percentage of votes carried for and against each resolution, are set out below:

                                                                 % of votes       % of votes
                                                            carried for the      against the    % of shares
                                                                 resolution       resolution      abstained
Ordinary Resolutions
 1.   To receive and consider the Company's annual                    98.23            1.77            4.22
      accounts for the financial year ended 31 December
      2016, together with the directors' and auditors'
      reports on the annual accounts
 2.   To appoint Moore Stephens LLP as auditors to the                96.77            3.23            4.27
      Company to hold office from the conclusion of the
      meeting until the conclusion of the next meeting at
      which accounts are laid before the Company and
      to authorise the directors to fix their remuneration
 3.   To elect Mr Simon Charles as a director of the                  93.58            6.42            3.84
      Company
 4.   To elect Mr John Treacy as a director of the                    94.25            5.75            3.84
      Company
 5.   To elect Mr James Normand as a director of the                  93.91            6.09            3.78
      Company
 6.   To approve the Directors Remuneration Report for                92.78            7.22            3.84
      the financial year ended 31 December 2016
 
Extraordinary Resolution
 7.   To disapply pre-emption rights and empower the                  75.64           24.36            0.17
      directors to allot equity securities wholly for cash


For further information, please contact:
Central Rand Gold Limited                                             +27(0) 87 310 4400
Simon Charles


Merchantec Capital – JSE Sponsor                                     +27 (0) 11 325 6363
Monique Martinez / Marcel Goncalves


21 November 2017

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