JSE LIMITED - Report on proceedings at the Annual General Meeting

Release Date: 18/05/2018 16:05
Code(s): JSE
 
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Report on proceedings at the Annual General Meeting

JSE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2005/022939/06
Share code: JSE
ISIN: ZA000079711
("JSE" or “the Company”)

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

At the 13th annual general meeting (AGM) of the shareholders of JSE Limited held yesterday, 17 May 2018 all the ordinary and special resolutions proposed at the
meeting were approved by the requisite majority of votes. In this regard, JSE Limited confirms the voting statistics from the AGM as follows:



                                                                    Votes disclosed as a percentage in     Number of          Shares voted          Shares
                                                                     relation to the total number of      shares voted       disclosed as a       abstained
                                                                      shares voted at the meeting                            percentage in      disclosed as a
 Resolutions                                                                                                                 relation to the    percentage in
                                                                                                                           total issued share   relation to the
                                                                                                                                capital*         total issued
                                                                         For              Against                                               share capital*

 Ordinary resolutions

 1 Adoption of audited consolidated annual financial statements
   and reports                                                         100.00%              0.00%           67 394 531           77.57%              0.24%
 2.1 To re-elect Dr M Matooane as a director                            99.82%              0.18%           67 573 098           77.78%              0.06%
 2.2 To re-elect Ms A Takoordeen as a director                          98.97%              1.03%           67 573 098           77.78%              0.06%
 3 To re-elect Mr NG Payne as a director for the ensuing year           93.18%              6.82%           67 491 884           77.69%              0.16%
 4 To elect Ms VN Fakude as a director                                  99.95%              0.05%           67 491 884           77.69%              0.16%
 5 To appoint EY South Africa as the independent auditors of the
   Company for the ensuing year                                        100.00%              0.00%           67 573 500           77.78%              0.06%
 6.1 To re-elect the following independent non-executive director
     of the Company to serve as a member and Chairman of the            99.68%              0.32%           67 573 098           77.78%              0.06%
     Group Audit Committee for the ensuing year – Dr SP Kana
 6.2 To re-elect the following independent non-executive director
     of the Company to serve as a member of the Group Audit             83.89%             16.11%           67 573 098           77.78%              0.06%
     Committee for the ensuing year – Mr NG Payne
 6.3 To re-elect the following independent non-executive director
     of the Company to serve as a member of the Group Audit             99.98%              0.02%           67 573 098           77.78%              0.06%
     Committee for the ensuing year – Dr MA Matooane
 7 Non-binding advisory vote on the remuneration policy of the
   Company                                                              95.92%              4.08%           66 459 410           76.50%              1.35%
 8 Non-Binding advisory vote on the implementation report as set
   out in the remuneration report of the Company                        94.71%              5.29%           66 382 234           76.41%              1.44%
 9 Approval of long-term incentive scheme LTIS 2018                     97.41%              2.59%           67 572 218           77.78%              0.07%
 10 Authorisation of a director or Group Company Secretary to
    implement resolutions                                               99.95%              0.05%           67 573 098           77.78%              0.06%

Special resolutions

 11 Special Resolution 1: General authority to repurchase shares        98.63%              1.37%           67 508 720           77.71%              0.14%
 12 Special Resolution 2: General authority to provide financial
    assistance to subsidiaries and other related and inter-related      99.42%              0.58%           67 572 615           77.78%              0.07%
    entities
 13 Special Resolution 3: Specific authority to acquire shares for
    the purpose of LTIS 2018                                            97.60%              2.40%           67 573 370           77.78%              0.06%
 14 Special Resolution 4: Specific financial assistance in respect
    of LTIS 2018                                                        97.51%              2.49%           67 573 370           77.78%              0.06%
 15 Special Resolution 5: Proposed non-executive director
    emoluments for 2018                                                 99.38%              0.62%           67 571 640           77.78%              0.07%
 


*Total issued share capital is 86 877 600 ordinary shares
The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.



Sandton
18 May 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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