INDLUPLACE PROPERTIES LIMITED - Results of annual general meeting

Release Date: 30/01/2018 15:31
Code(s): ILU
 
Wrap Text
Results of annual general meeting

INDLUPLACE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/226082/06)
JSE share code: ILU ISIN: ZAE000201125
(Approved as a REIT by the JSE)
(“Indluplace” or “the company”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that at the annual general meeting of shareholders held on Monday, 29 January 2018 (in
terms of the notice of annual general meeting dispatched to shareholders on 22 December 2017), all of the resolutions
tabled thereat were passed by the requisite majority of Indluplace shareholders.

Details of the results of voting at the annual general meeting are as follows:

    - total number of Indluplace shares that could have been voted at the annual general meeting: 318 813 356; and
    - total number of Indluplace shares that were present/represented at the annual general meeting: 274 883 614
      being 86% of the total number of Indluplace shares that could have been voted at the annual general meeting.

Ordinary resolution 1.1.1: Re-election of C. de Wit as director

Shares voted*                For                                Against                      Abstentions^
274 864 918                  274 864 918, being 100.00%         -                            18 696, being 0.01%

Ordinary resolution 1.1.2: Re-election of S. Noik as director

Shares voted*                For                                Against                      Abstentions^
274 864 918                  274 864 918, being 100.00%         -                            18 696, being 0.01%

Ordinary resolution 1.1.3: Re-election of G. Kinross as director

Shares voted*                For                                Against                      Abstentions^
274 864 918                  274 864 918, being 100.00%         -                            18 696, being 0.01%

Ordinary resolution 1.2: Approval of appointment of Y. Silimela as director

Shares voted*                For                                Against                      Abstentions^
274 882 630                  274 864 918, being 99.99%          17 712, being 0.01%          984, being 0.00%

Ordinary resolution 2.1: Re-appointment of members of the audit and risk committee – C. Abrams (Chairman)

Shares voted*                For                                Against                      Abstentions^
274 864 918                  274 864 918, being 100.00%         -                            18 696, being 0.01%

Ordinary resolution 2.2: Re-appointment of members of the audit and risk committee – G. Kinross

Shares voted*                For                                Against                      Abstentions^
274 864 918                  274 864 918, being 100.00%         -                            18 696, being 0.01%

Ordinary resolution 2.3: Re-appointment of members of the audit and risk committee – A. Rehman

Shares voted*                For                                Against                      Abstentions^
274 864 918                  274 864 918, being 100.00%         -                            18 696, being 0.01%

Ordinary resolution 3: Re-appointment of auditors

Shares voted*                For                                Against                      Abstentions^
274 864 918                  274 864 918, being 100.00%         -                            18 696, being 0.01%

Ordinary resolution 4: Unissued shares

Shares voted*                For                                Against                      Abstentions^
274 664 918                  253 072 064, being 92.14%          21 592 854, being 7.86%      218 696, being 0.07%

Ordinary resolution 5: General authority to issue shares for cash

Shares voted*                For                                Against                      Abstentions^
258 803 014                  244 204 938, being 94.36%          14 598 076, being 5.64%      218 696, being 0.07%

Ordinary resolution 6: Specific authority to issue shares pursuant to a reinvestment option

Shares voted*                For                                Against                      Abstentions^
274 664 918                  274 664 918, being 100.00%         -                            218 696, being 0.07%

Ordinary resolution 7.1: Non-binding advisory vote on remuneration policy

Shares voted*                For                                Against                      Abstentions^
267 870 140                  252 578 642, being 94.29%          15 291 498, being 5.71%      7 013 474, being 2.20%

Ordinary resolution 7.2: Non-binding advisory vote on implementation report

Shares voted*                For                                Against                      Abstentions^
267 870 140                  253 272 064, being 94.55%          14 598 076, being 5.45%      7 013 474, being 2.20%

Ordinary resolution 8: Signature of documentation

Shares voted*                For                                Against                      Abstentions^
274 864 918                  274 864 918, being 100.00%         -                            18 696, being 0.01%

Special resolution 1: Share repurchases

Shares voted*                For                                Against                      Abstentions^
274 864 918                  274 171 496, being 99.75%          693 422, being 0.25%         18 696, being 0.01%

Special resolution 2: Financial assistance to related and inter-related parties in terms of section 45 of the Companies Act

Shares voted*                For                                Against                      Abstentions^
274 664 918                  274 663 918, being 100.00%         1 000, being 0.00%           218 696, being 0.07%

Special resolution 3: Approval of fees payable to non-executive directors

Shares voted*                For                                Against                      Abstentions^
274 663 918                  274 662 393, being 100.00%         1 525, being 0.00%           219 696, being 0.07%

Special resolution 4: Approval to issue shares in terms of Section 41(1) of the Companies Act

Shares voted*                For                                Against                      Abstentions^
274 864 918                  274 663 918, being 99.93%          201 000, being 0.07%         18 696, being 0.01%
* shares excluding abstentions
^ in relation to total shares in issue

30 January 2018


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