To view the PDF file, sign up for a MySharenet subscription.

TRANS HEX GROUP LIMITED - Results of general meeting

Release Date: 30/11/2017 11:00
Code(s): TSX     PDF:  
Wrap Text
Results of general meeting

TRANS HEX GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1963/007579/06
Share code: TSX
ISIN: ZAE000018552
("Trans Hex")

RESULTS OF GENERAL MEETING

Unless otherwise indicated, capitalised words and terms contained in this announcement shall bear the same
meanings ascribed thereto in the circular to Trans Hex shareholders (“Shareholders”) dated Thursday,
2 November 2017 (“Circular”).

Shareholders are advised that, at the General Meeting held on Thursday, 30 November 2017, all of the Ordinary
Resolutions and Special Resolutions, as set out in the Notice of General Meeting (“Resolutions”), were
approved by the requisite majority of Shareholders present in person or represented by proxy.

As disclosed in the Circular, Cream Magenta, Metcap and RAC are related parties as contemplated in the
Listings Requirements. In the circumstances, and in line with good corporate governance practices, the Parties
recused themselves from voting on all of the Resolutions.

The total number of Shares in issue amounts to 106,051,275 (“Issued Shares”), with 24,460,004 Shares being
entitled to vote on the Resolutions (i.e. Issued Shares excluding those Shares held by the Parties and the
Treasury Shares) (“Voteable Shares”).

Details of the results of voting at the General Meeting are as follows:


                                                               Shares
                                  Number          Shares        voted        Shares                    Shares
                                                                                          
                                of Shares      voted for       against         voted       Shares    abstained
                                                                                           
                                   voted     (as a % of    (as a % of    (as a % of        voted    (as a % of
                                                                                       (as a % of
                                  (“Voted          Voted        Voted        Issued     Voteable       Issued
 Resolution                      Shares”)        Shares)      Shares)       Shares)      Shares)      Shares)

 Ordinary Resolution            9,458,062       100.00%         0.00%         8.92%       38.67%        0.01%
 number 1: Approval of the
 Transaction in terms of
 paragraph 10.4(d) of the
 Listings Requirements

 Ordinary Resolution             9,458,062       99.97%         0.03%        8.92%       38.67%        0.01%
 number 2: Approval of the
 Specific Issue in terms of
 paragraph 5.51(g) of the
 Listings Requirements

 Special Resolution              9,458,062       100.00%        0.00%        8.92%       38.67%        0.01%
 number 1: Approval of the
 issue of the Consideration
 Shares in terms of section
 41(1) of the Companies
 Act
                                                             Shares
                                   Number       Shares         voted        Shares                    Shares
                                                                                   
                                 of Shares    voted for       against         voted       Shares     abstained
                                                                                     
                                     voted   (as a % of    (as a % of    (as a % of        Voted    (as a % of
                                                                                     (as a % of
                                   (“Voted       Voted         Voted        Issued      Voteable       Issued
 Resolution                        Shares”)     Shares)       Shares)       Shares)       Shares)      Shares)

 Special Resolution             9,458,062      99.97%         0.03%         8.92%        38.67%        0.01%
 number 2: Approval of the
 issue of Trans Hex Shares
 pursuant to the Specific
 Issue in terms of section
 41(1) of the Companies
 Act


Cape Town
30 November 2017

Sponsor
One Capital

Corporate Advisor
Questco

Date: 30/11/2017 11:00:00 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.

Share This Story