CROOKES BROTHERS LIMITED - Results of AGM

Release Date: 27/07/2018 13:57
Code(s): CKS
 
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Results of AGM

Crookes Brothers Limited
Incorporated in the Republic of South Africa
(Registration Number. 1913/000290/06)
Share code: CKS ISIN: ZAE000001434
(“Crookes Brothers” or the “Company”)



RESULTS OF THE ANNUAL GENERAL MEETING


The board of directors of Crookes Brothers hereby advises that at the annual general meeting of shareholders
held on 27 July 2018, the following resolutions, as set out in the notice of annual general meeting which was
incorporated in the Integrated Report distributed to shareholders on 29 June 2018, were duly approved by the
requisite majority of shareholders present and voting, in person or represented by proxy.

Shareholders are advised that:

-       the total number of shares in issue as at the date of the AGM was 15 264 317;
-       the total number of shares that were present in person/represented by proxy at the AGM was 12 449 123
        shares being 81.56% of the total number of shares in issue; and
-       Abstentions are represented below as a percentage of total number of shares in issue.

Details of the results of the voting are as follows:




                                                 Shares voted for        Shares voted       Shares abstained
    RESOLUTION                                  (% of shares voted)         against
                                                                      (% of shares voted)


    Ordinary Business

    1     Re-appointment of external                   11 541 938          906 485                700
          auditors                                      92.72%              7.28%                0.00%


    2.1   2.1.1) Re-election of Mr TJ                  12 448 423              0                  700
               Crookes as a non-executive                100%                 0%                 0.00%
               director


          2.1.2) Re-election of Mr TK Denton           12 448 423              0                  700
               as a non-executive director               100%                 0%                 0.00%


          2.1.3) Re-election of Dr P                   12 448 423              0                  700
               Mnganga as a non-executive                100%                 0%                 0.00%
               director


    2.2   2.2.1) Re-election of Mr MT                  12 416 991           31 432                700
               Rutherford as a non-executive            99.75%              0.25%                0.00%
               director
 3    3.1) To re-elect Mrs T Abdool-                   12 448 423               0                 700
           Samad as a member of the                      100%                  0%                0.00%
           audit committee


      3.2) To re-elect Mr RE Stewart as               12 448 423                0                 700
           a member of the audit                         100%                  0%                0.00%
           committee


      3.3) To elect Mr MT Rutherford as               11 843 385          605 038                 700
           a member of the audit                        95.14%              4.86%                0.00%
           committee


 4    Endorsement of the Company’s                   11 169 796          1 278 627                700
      Remuneration Policy                               89.73%             10.27%                0.00%


 5    Endorsement of the Company’s                   11 766 628           419 714              262 781
      Remuneration Implementation                       96.56%             3.44%                 1.72%
      Report


 Special Business

 1    Authority to repurchase own                    12 448 423               0                   700
      shares                                             100%                 0%                 0.00%


 2    Remuneration of non-executive                  12 448 423                0                  700
      directors                                         100%                   0%                0.00%


 3    Authority to grant financial                  11 749 545             696 678               2900
      assistance in terms of Section 44               94.40%                 5.60%               0.02%
      of the Companies Act


 4    Authority to grant financial                   12 448 423                  0                700
      assistance to related and inter-                  100%                     0%              0.00%
      related companies in terms of
      Section 45 of the Companies Act


Mount Edgecombe
27 July 2018

Sponsor
Sasfin Capital (a member of the Sasfin group)

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