ADRENNA PROPERTY GROUP LIMITED - Results of Annual General Meeting

Release Date: 12/07/2018 16:37
Code(s): ANA
 
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Results of Annual General Meeting

ADRENNA PROPERTY GROUP LIMITED
(Registration Number 1998/012245/06)
Share Code: ANA ISIN: ZAE000163580
 “Adrenna” or “the Group”

RESULTS OF ANNUAL GENERAL MEETING (“AGM”)


Shareholders are advised that at the Annual General Meeting of shareholders held on Thursday,
12 July 2018, all the resolutions proposed at the AGM were passed by the requisite majority. Details
of the results of voting were as follows:

  Total number of shares that can be exercised at the
  meeting                                                                  100%             55,914,804
  Total number of shares present/represented including
  proxies at the meeting                                                   62%              34,443,911
  Total number of members present in person or by proxy                                              7

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

                                                        For      Against          Abstain       Shares
 Resolution proposed                                     %             %                %        voted
 Ordinary Resolution No 1:
 To adopt the financial statements              34 443 911             -                -   34 443 911
                                                   100.00%         0.00%            0.00%       61.60%
 Ordinary Resolution No 2:
 Resolution to sanction the declaration of      34 443 911             -                -   34 443 911
 no dividends                                      100.00%         0.00%            0.00%       61.60%
 
 Ordinary Resolution No 3:
 Resolution to re-elect Ms S P Mothelesi as a   34 443 911             -                -   34 443 911
 director of the company                           100.00%         0.00%            0.00%       61.60%

 Ordinary Resolution No 5:
 Resolution to re-elect Mr WP Alcock as         34 443 911             -                -   34 443 911
 chairman of the company for a further             100.00%         0.00%            0.00%       61.60%
 period of one year
 
 Ordinary Resolution No 6:
 Resolution to re-appoint the Audit
 Committee for a further period of one
 year
 6.1 Appointment of SP Mothelesi                34 443 911             -                -   34 443 911
                                                   100.00%         0.00%            0.00%       61.60%
 6.2 Appointment of WP Alcock                   34 443 911             -                -   34 443 911
                                                   100.00%         0.00%            0.00%       61.60%
 6.3 Appointment of M Moela                     34 443 911             -                -   34 443 911
                                                   100.00%         0.00%            0.00%       61.60%

 6.4 Appointment of RS Watson                   34 443 911             -                -   34 443 911
                                                   100.00%         0.00%            0.00%       61.60%
                                                     
                                                       For       Against          Abstain       Shares
 Resolution proposed                                    %              %                %        voted
 Ordinary Resolution No 7:
 Resolution to appoint the auditors of the     34 443 911              -                -   34 443 911
 company for a further period of one year         100.00%          0.00%            0.00%       61.60%
 
 Ordinary Resolution No 8:
 Resolution to authorise the directors, in     34 443 911              -                -   34 443 911
 consultation with the Audit Committee to         100.00%          0.00%            0.00%       61.60%
 fix the auditors’ remuneration
 
 Ordinary Resolution 9 – Non-Binding
 9.1 Authorisation of Remuneration Policy      32 583 306     1 860 605                 -   34 443 911
                                                   94.60%          5.40%            0.00%       61.60%
 9.2 Approval of Implementation of             32 583 306     1 860 605                 -   34 443 911
     Remuneration Policy                           94.60%          5.40%            0.00%       61.60%

 Ordinary Resolution No 10:
 Resolution placing the unissued shares        32 583 306     1 860 605                 -   34 443 911
 under the control of the directors                94.60%          5.40%            0.00%       61.60%
 
 Ordinary Resolution No 11:
 Resolution authorising the issue of shares    32 477 256     1 966 655                 -   34 443 911
 for cash                                          94.29%          5.71%            0.00%       64.60%
 
 Special Resolution No 1:
 To determine the remuneration of the          34 443 911              -                -   34 443 911
 non-executive directors                          100.00%          0.00%            0.00%       61.60%
 
 Special Resolution No 2:
 Permitting the company to repurchase          34 443 911              -                -   34 443 911
 shares                                           100.00%          0.00%            0.00%       61.60%
 
 Special Resolution No 3:
 Authorising the granting of loans/other       34 443 911              -                -   34 443 911
 financial assistance to subsidiaries/group       100.00%          0.00%            0.00%       61.60%
 companies

Shareholders are advised that Ordinary Resolution No 4 was withdrawn.

Johannesburg
12 July 2018

Sponsor
Arbor Capital Sponsors Proprietary Limited

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