AFRICAN RAINBOW MINERALS LIMITED - Results of the 84th Annual General Meeting

Release Date: 04/12/2017 17:25
Code(s): ARI
 
Wrap Text
Results of the 84th Annual General Meeting

African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
(“ARM”)

Results of the 84th Annual General Meeting

The shareholders of ARM (“Shareholders”) are advised that at the annual general meeting of Shareholders (“Annual
General Meeting”) held on Friday, 1 December 2017, in terms of the notice of Annual General Meeting distributed to
Shareholders on 26 October 2017, all of the resolutions tabled were passed by the requisite majority of votes cast by
Shareholders present in person or represented by proxy.

As at Friday, 24 November 2017, being the Voting Record Date, the total issued share capital of ARM was
218 804 950 (“Issued Shares”) and the total number of votable shares was 190 190 210 (“Votable Shares”). The number
of ARM shares voted in person or by proxy at the Annual General Meeting is 169 480 677 shares, representing 77.46% of
the Issued Shares and 89.11% of the Votable Shares.

The voting results were as follows:

                                                                                             SHARES
                                                                                              VOTED        SHARES
                                                                                                AS A     ABSTAINED
                                                                                             PERCENT         AS A
                                                                SHARES        NUMBER             OF      PERCENT OF
                                                  SHARES         VOTED          OF            ISSUED       ISSUED
                                                 VOTED FOR      AGAINST       SHARES          SHARES       SHARES
 RESOLUTION                                        (%)*           (%)*         VOTED           (%)**        (%)**
 Ordinary resolution number 1
                                                   81.01          18.99      169 454 242       77.45         0.01
 Re-election of Mr J A Chissano as a Director
 Ordinary resolution number 2
 Re-election of Mr Z B Swanepoel as a              96.75          3.25       169 454 242       77.45         0.01
 Director
 Ordinary resolution number 3                                                                                0.01
                                                   96.68          3.32       169 454 242       77.45
 Re-election of Dr R V Simelane as a Director
 Ordinary resolution number 4                                                                                0.01
                                                  100.00          0.00       169 454 242       77.45
 Election of Mr J P Möller as a Director
 Ordinary resolution number 5                                                                                0.01
                                                  100.00          0.00       169 454 242       77.45
 Election of Mr D C Noko as a Director
 Ordinary resolution number 6                                                                                0.01
                                                   97.11          2.89       169 454 242       77.45
 Election of Mr J C Steenkamp as a Director
 Ordinary resolution number 7
 Re-appointment of Ernst & Young Inc. as
 external auditor and re-appointment of            93.77          6.23       169 454 242       77.45         0.01
 Mr L I N Tomlinson as the person designated
 to act on behalf of the external auditor
 Ordinary resolution number 8
 Election of Audit and Risk Committee
 Members
 Ordinary resolution number 8.1                    99.96          0.04       169 454 206       77.45         0.01
 Mr T A Boardman
 Ordinary resolution number 8.2
                                                    87.86           12.14        169 454 188   77.45   0.01
 Mr F Abbott
 Ordinary resolution number 8.3
                                                    96.81           3.19         169 454 206   77.45   0.01
 Dr M M M Bakane-Tuoane
 Ordinary resolution number 8.4
                                                    99.96           0.04         169 454 188   77.45   0.01
 Mr A D Botha
 Ordinary resolution number 8.5
                                                    96.81           3.19         169 454 206   77.45   0.01
 Mr A K Maditsi
 Ordinary resolution number 8.6
                                                    100.00          0.00         169 454 188   77.45   0.01
 Mr J P Möller
 Ordinary resolution number 8.7
                                                    96.64           3.36         169 454 206   77.45   0.01
 Dr R V Simelane
 Ordinary resolution number 9
 Non-binding advisory vote on ARM’s                 79.91           20.09        161 827 329   73.96   3.50
 Remuneration Policy
 Ordinary resolution number 10
 Non-binding advisory vote on ARM’s                 82.14           17.86        161 827 329   73.96   3.50
 Remuneration Implementation Report
 Special resolution number 1
 Payment of an additional amount for VAT on         100.00          0.00         169 454 242   77.45   0.01
 Non-Executive Directors’ fees
 Special resolution number 2
 Increase in annual retainer fees and per
                                                    99.96           0.04         169 453 260   77.44   0.01
 Board meeting attendance fees of Non-
 Executive Directors
 Special resolution number 3
 Increase in the Committee meeting                  99.96           0.04         169 453 260   77.44   0.01
 attendance fees
 Special resolution number 4
 Financial assistance – for subscription for        84.01           15.99        169 454 206   77.45   0.01
 securities
 Special resolution number 5
 Financial assistance – for related or inter-       99.98           0.02         169 454 156   77.45   0.01
 related companies
* Expressed as a percentage of the number of shares voted per resolution.
**Expressed as a percentage of the Issued Shares as at the Voting Record Date.




Sandton
4 December 2017




Sponsor: Deutsche Securities (SA) Proprietary Limited

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