ANDULELA INVESTMENT HOLDINGS LIMITED - Results of 2018 Annual General Meeting

Release Date: 18/06/2018 14:10
Code(s): AND
 
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Results of 2018 Annual General Meeting

 Andulela Investment Holdings Limited
 Incorporated in the Republic of South Africa
 (Registration number1950/037061/06)
 JSE share code: AND | ISIN: ZAE000172870
 (“Andulela” or the “Company” or the “Group”)


RESULTS OF THE 2018 ANNUAL GENERAL MEETING

Andulela shareholders are advised that at the annual general meeting (“AGM”) of shareholders held on
Monday, 18 June 2018, all the ordinary and special resolutions as set out in the notice of AGM, were
approved by the requisite majority of shareholders present or represented by proxy.

The meeting was attended by 84 910 805 Andulela shares, representing 96.88% of the total ordinary
issued share capital of Andulela, voting in person or by proxy.

The resolutions proposed at the AGM, together with the percentage of shares abstained (as a
percentage of total issued share capital of the Company), as well as the percentage of votes carried for
and against each resolution (as a percentage of shares voted), are as follows:


1. Special resolution number 1: General authority to repurchase shares issued by the company

   FOR                              AGAINST                         ABSTAIN
   84 910 805                       0                               0
   100.00%                          0.00%                           0.00%

2. Special resolution number 2: General authority to provide financial assistance to related and 
   inter-related companies

   FOR                              AGAINST                         ABSTAIN
   84 910 555                       250                             0
   100.00%                          0.00%                           0.00%

3. Special resolution number 3: Remuneration of non-executive directors in respect of financial
   years 2018 and 2019

   FOR                              AGAINST                         ABSTAIN
   84 910 805                       0                               0
   100.00%                          0.00%                           0.00%

4. Ordinary resolution number 1: Adoption of the annual financial statements
  
   FOR                              AGAINST                         ABSTAIN
   84 910 805                       0                               0
   100.00%                          0.00%                           0.00%

5. Ordinary resolution number 2.1: Re-election of Mr MJ Husain as a non-executive director

   FOR                              AGAINST                         ABSTAIN
   84 910 555                       250                             0
   100.00%                          0.00%                           0.00%

6. Ordinary resolution number 2.2: Re-election of Mr. PE du Preez as a non-executive director

   FOR                              AGAINST                         ABSTAIN
   84 910 805                       0                               0 
   100.00%                          0.00%                           0.00%

7. Ordinary resolution number 3.1: Re-election of Mr BW Smith to the Audit, Risk and
   Compliance Committee

   FOR                              AGAINST                         ABSTAIN
   84 910 805                       0                               0
   100.00%                          0.00%                           0.00%

8. Ordinary resolution number 3.2: Re-election of Mr PE du Preez to the Audit, Risk and
   Compliance Committee

   FOR                              AGAINST                         ABSTAIN
   84 910 805                       0                               0
   100.00%                          0.00%                           0.00%

9. Ordinary resolution number 3.3: Re-election of Mr NMS Hadjee to the Audit, Risk and
   Compliance Committee

   FOR                              AGAINST                         ABSTAIN
   84 910 805                       0                               0
   100.00%                          0.00%                           0.00%

10. Ordinary resolution number 4: Reappointment of external auditors

   FOR                              AGAINST                         ABSTAIN
   84 910 805                       0                               0
   100.00%                          0.00%                           0.00%

11. Ordinary resolution number 5: External auditors’ remuneration

   FOR                              AGAINST                         ABSTAIN
   84 910 805                       0                               0
   100.00%                          0.00%                           0.00%

12. Ordinary Resolution Number 6: Non-binding advisory vote on the remuneration policy of the
    Company

   FOR                              AGAINST                         ABSTAIN
   84 910 805                       0                               0
   100.00%                          0.00%                           0.00%

13. Ordinary resolution number 7: General authority to issue shares for cash

   FOR                              AGAINST                         ABSTAIN
   84 910 805                       0                               0
   100.00%                          0.00%                           0.00%


18 June 2018
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

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