BUILDMAX LIMITED - Results of the Scheme Meeting

Release Date: 22/12/2017 12:08
Code(s): BDM
Wrap Text
Results of the Scheme Meeting

Incorporated in the Republic of South Africa
(Registration No. 1995/012209/06)
Share Code: BDM
ISIN Code: ZAE000167318


The board of directors of Buildmax hereby advises that at the Scheme Meeting of shareholders held on
Friday, 22 December 2017, at 10:00, all the resolutions, as set out in the notice of the Scheme Meeting
which was incorporated in the circular distributed to shareholders on Friday, 24 November 2017, were duly
approved by the requisite majority of shareholders present and voting, in person or represented by proxy.

Shareholders are advised that:

-     the total number of shares in issue as at the date of the Scheme Meeting was 181 300 839;
-     the total number of shares that were present in person/represented by proxy and entitled to vote at the
      Scheme Meeting (i.e. excluding treasury shares and those held by the concert parties) was 134 495 605
      shares being 74.18% of the total number of shares in issue; and
-     abstentions are represented below as a percentage of total number of shares in issue while the shares
      voted for and against are represented as a percentage of the total shares voted.

    Details of the results of the voting are as follows:

                                                Shares voted    Shares voted    Total shares    Shares
                                                for             against         voted           abstained
    Special resolution number 1
    Approval of the Scheme and related          103 186 384      31 276 535     134 462 919     32 686
    transactions in terms of sections 114       76.74%           23.26%                         0.02%
    and 115 of the Companies Act
    Ordinary resolution number 1                103 186 384      31 276 361     134 462 745     32 860
    Authority granted to Directors              76.74%           23.26%                         0.02%

22 December 2017

Sasfin Capital (a member of the Sasfin group)

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