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NU-WORLD HOLDINGS LIMITED - Results of AGM

Release Date: 14/02/2018 15:39
Code(s): NWL
 
Wrap Text
Results of AGM

NU-WORLD HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1968/002490/06)
Share Code: NWL ISIN code: ZAE000005070
(“Nu-World”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that at the annual general meeting held on Wednesday, 14 February 2018 (“AGM”),
all resolutions as set out in the notice of AGM which was incorporated in the integrated annual report
distributed to shareholders on 12 December 2017, were duly approved by the requisite majority of
shareholders present (in person or represented by proxy) and voting.

Detail of the result of the voting are as follows:


                                                         Shares voted   Shares voted
 Resolution                               Shares voted                                   Abstentions
                                                           against
                                              for

 Ordinary resolution 1:
 re-appointment of directors


 1.1   Mr J M Judin                        14 493 860       68 189       14 562 049        360 823
                                            99.53%          0.47%                           1.59%

 1.2   Mr D Piaray                         14 493 860       68 189       14 562 049        360 823
                                            99.53%          0.47%                           1.59%

 1.3 Mr R Kinross                          14 922 322         0          14 922 322          550
                                             100%            0%                              0%

 Ordinary resolution 2:
 appointment or re-appointment of the
 Audit Committee members


 2.1 Mr J M Judin                          14 493 860      428 462       14 922 322          550
                                            97.13%          2.87%                            0%

 2.2 Mr D Piaray                           14 493 860      428 462       14 922 322          550
                                            97.13%          2.87%                            0%

 2.3 Mr R Kinross                          14 854 133       68 189       14 922 322          550
                                            99.54%          0.46%                            0%

 2.4   Mr F J Davidson                     14 922 322         0          14 922 322          550
                                             100%            0%                              0%
 Ordinary resolution 3:                    14 885 322    37 000          14 922 322            550
 re-appointment of auditors and             99.75%       0.25%                                 0%
 individual designated auditor


 Ordinary resolution 4:                    14 839 273    82 549          14 921 822           1 050
 endorsement of Remuneration Policy         99.45%       0.55%                                 0%


 Ordinary resolution 5:                    14 907 462    14 360          14 921 822           1 050
 endorsement of Remuneration                99.90%       0.10%                                 0%
 Implementation Report


 Ordinary resolution 6:                    14 922 322       0            14 922 322            550
 authority to sign documents                 100%          0%                                  0%


 Special resolution 1:                     14 907 462    14 360          14 921 822           1 050
 approval to pay remuneration to non-       99.90%       0.10%                                 0%
 executive directors


 Special resolution 2:                     14 854 133    68 189          14 922 322            550
 general authority to repurchase            99.54%       0.46%                                 0%
 shares


 Special resolution 3:                     14 922 322       0            14 922 322            550
 authority to provide direct or indirect     100%          0%                                  0%
 financial assistance




Notes:

1.   There were 22 646 465 shares in issue as at the date of the AGM.
2.   The total number of shares that were present in person/represented by proxy at the AGM: 14 922 872
     shares being 66% of the total number of shares in issue (“Shares Voted”);
3.   Abstentions are represented above as a percentage of total number of shares in issue while the shares
     voted for and against are represented above as a percentage of the Shares Voted.



Johannesburg
14 February 2018

Sponsor
Sasfin Capital (a member of the Sasfin group)

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