4SIGHT HOLDINGS LIMITED - Results of Annual General Meeting ("AGM") and Changes to the Board

Release Date: 19/06/2018 17:22
Code(s): 4SI
 
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Results of Annual General Meeting ("AGM") and Changes to the Board

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: C148335 C1/GBL)
(“4Sight Holdings” or “the Company”)
ISIN Code: MU0557S00001         JSE Code: 4SI


RESULTS OF ANNUAL GENERAL MEETING (“AGM”) AND CHANGE TO BOARD OF DIRECTORS


Further to the announcement released on SENS on 30 April 2018, shareholders are advised that at the AGM of
4Sight held on 15 June 2018, convened in terms of the notice of AGM contained in the Annual Report, the
voting information is as follows:

Number of ordinary shares represented at the meeting                                            350 815 594
Total issued number of ordinary shares                                                          473 894 364
Percentage of ordinary shares represented at the meeting                                             73.87%

The resolutions proposed at the annual general meeting, together with the percentage of votes carried for
and against each resolution, are set out below:

                                                                           Number of votes
                                                                                     Abstain    Total Votes
                                                         For          Against   (% of issued     (excluding
                                                           %                % share capital)   abstentions)
 
 Ordinary Resolution number 1:                   299 117 338                2     51 698 254    299 117 340
 Approval of financial statements                   (99.99%)          (0,01%)       (10.89%)         (100%)
 Ordinary Resolution number 2.1
 Director Appointment:                           343 186 992                2      7 628 600    343 186 994
 Antonie Christian Janse van Rensburg               (99.99%)          (0.01%)        (1.61%)         (100%)
 (Chief Executive Officer)
 Ordinary Resolution number 2.2
 Director Appointment                            299 232 449                2     51 583 143    299 232 451
 Geoffrey Llewellyn Carter                          (99.99%)          (0.01%)       (10.86%)         (100%)
 (Independent Non-Executive Director)
 Ordinary Resolution number 2.3
 Director Appointment:                           322 820 397       20 366 597      7 628 600    343 186 994
 Jacques Hattingh                                   (94.06%)          (5.93%)        (1.61%)         (100%)
 (Group Financial Director)
 Ordinary Resolution number 2.4
 Director Appointment                            299 232 449                2     51 583 143    299 232 451
 Gary Pierre Lauryssen                              (99.99%)          (0.01%)       (10.86%)         (100%)
 (Executive Director)
 Ordinary Resolution number 2.5
 Director Appointment                             81 921 536      258 853 277     10 040 281    340 774 813
 Conal Keith Lewer-Allen                            (24.04%)         (75.96%)        (2.11%)         (100%)
 (Non-Executive Director)
 Ordinary Resolution number 2.6
 Director Appointment                            320 399 266       20 376 047     10 040 281    340 775 313
 Marthinus Phillipus Neethling                      (94.02%)          (5.98%)        (2.11%)         (100%)
 (Executive Director)
 Ordinary Resolution number 2.7
 Director Appointment                            343 177 542            9 452       7 628 600   343 186 994
 Ramakrishna Sithanen                               (99.99%)          (0,01%)         (1.61%)        (100%)
 (Independent Non-Executive Director
 and Chairman)
 Ordinary Resolution number 3:
 Re-appointment of auditors                      299 222 999            9 452      51 583 143   299 232 451
                                                    (99.99%)          (0.01%)        (14.70%)        (100%)
 Ordinary Resolution number 4:
 Remuneration of auditors                        343 186 992                2       7 628 600   343 186 994
                                                    (99.99%)          (0.01%)         (1.61%)        (100%)
 Ordinary Resolution number 5:
 Appointment of Audit Committee
 members
 Ordinary Resolution number 5.1:
 Appointment of Audit Committee                  301 626 680           17 452      49 171 462   301 644 132
 member - Geoffrey Llewellyn Carter                 (99.99%)          (0.01%)        (10.35%)        (100%)
 Ordinary Resolution number 5.2:
 Appointment of Audit Committee                   82 463 536      258 861 277      10 040 281   341 324 813
 member - Conal Keith Lewer-Allen                   (24.15%)         (75.85%)         (2.11%)        (100%)
 Ordinary Resolution number 5.3:
 Appointment of Audit Committee                  343 178 992            8 002       7 628 600   343 186 994
 member - Ramakrishna Sithanen                      (99.99%)          (0.01%)         (1.61%)        (100%)
 Ordinary Resolution number 6:
 Non-Executive Director’s Remuneration           343 086 992                2       7 728 600   343 086 994
                                                    (99.99%)          (0.01%)         (1.63%)        (100%)
 Ordinary Resolution number 7:
 General authority to allot and issue            343 186 992                2       7 628 600   343 186 994
 shares for cash                                    (99.99%)          (0.01%)         (1.61%)        (100%)
 Ordinary Resolution number 8:
 Endorsement of 4Sights’ Remuneration            299 122 449       43 964 545       7 728 600   343 086 994
 Policy                                             (87.18%)         (12.82%)          1.63%)        (100%)

The appointment of Mr Conal Keith Lewer-Allen as a director was not approved. The board would like to thank
Mr Lewer-Allen for his service on the board and look forward to exploring other initiatives with him in the future.

The Board has established a Remuneration and Nomination Committee and is inviting nominations for the
appointment of additional Independent Non-Executive Directors. These appointments will bear in mind the
Diversity Policy adopted by the Company, the need for additional financial experience on the Board, consider
the status as a Controlled Foreign Entity, the current board composition and its international expansion
strategy. Nominations are to be sent to info@4sightholdings.co.za up to 30 June 2018.

By order of the board.

Mauritius
19 June 2018

DESIGNATED ADVISOR
Arbor Capital Sponsors Proprietary Limited

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