Wrap Text
Results Of Annual General Meeting
Adcorp Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1974/001804/06)
Share Code: ADR ISIN: ZAE000000139
(“Adcorp” or “the Company”)
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that at the Annual General Meeting (“AGM”) of Adcorp
shareholders held today at Adcorp’s registered office, Adcorp Office Park, Nicolway East,
cnr William Nicol Drive and Wedgewood Link, Bryanston, Johannesburg, all the ordinary and
special resolutions as set out in the notice of the AGM, dated 25 June 2018, contained in the
Company`s 2018 Integrated Annual Report were duly passed by the requisite majority votes
of shareholders.
The voting results for the proposed resolutions, as required in terms of section 3.91 of the
JSE Listings Requirements, were as follows:
- Total number of shares entitled to vote were 126,777,524, consisting of 109,954,675
ordinary shares and 16,822,849 B ordinary shares; and
- Total number of shares voted in person or by proxy were 116,892,113, representing 92% of
the total issued share capital of the Company entitled to vote.
For Against Abstained
Resolution Proposed Shares % of Shares % of Shares % of
shares shares total
voted voted shares
entitled
to vote
Ordinary resolution
number 1: Election and
re-election of directors
1.1 GP Dingaan 115,012,769 98.39 1,878,404 1.61 940 0.00
1.2 I Dutiro 116,891,065 100.00 - - 1,048 0.00
1.3 MA Jurgens 116,798,248 99.92 92,817 0.08 1,048 0.00
1.4 TP Moeketsi 111,783,513 95.63 5,107,660 4.37 940 0.00
1.5 ME Mthunzi 116,783,173 99.91 108,000 0.09 940 0.00
1.6 MW Spicer 116,735,065 99.91 108,000 0.09 49,048 0.04
Ordinary resolution
number 2: Election of
Audit and Risk
Committee members
2.1 SN Mabaso-Koyana 116,783,173 99.91 108,000 0.09 940 0.00
2.2 JA Boggenpoel* - - - - - -
2.3 FS Mufamadi 116,891,173 100.00 - - 940 0.00
2.4 MW Spicer 114,743,187 98.20 2,099,986 1.80 48,940 0.04
Ordinary resolution
number 3: Re-
appointment of 111,302,972 95.22 5,588,201 4.78 940 0.00
independent external
auditors
Ordinary resolution
number 4: Place
2 000 000 of the
authorised but unissued
115,138,071 98.50 1,752,994 1.50 1048 0.00
ordinary shares under
the control of the
directors for purposes of
the share scheme
Ordinary resolution
number 5: Non-binding
92,729,790 94.44 5,462,227 5.56 18,700,096 16.00
advisory vote on the
remuneration policy
Ordinary resolution
number 6: Non-binding
advisory vote on the 89,564,915 92.40 7,361,615 7.60 19,965,583 17.08
remuneration
implementation report
Ordinary resolution
number 7: Authority to
116,891,173 100.00 - - 940 0.00
implement resolutions
passed at the AGM
Special resolution
number 1: Remuneration
116,890,059 100.00 1,006 0.00 1,048 0.00
payable to non-executive
directors
Special resolution
number 2: Repurchase of
116,890,059 100.00 1,114 0.00 940 0.00
the Company’s shares
up to 10%
Special resolution
number 3: Financial
assistance for the
provision of loans or
110,041,824 94.14 6,849,349 5.86 940 0.00
other financial assistance
to present or future
related or inter-related
companies
*resolution 2.2 was withdrawn as Ms JA Boggenpoel resigned as a director on 20 July 2018.
Bryanston
30 July 2018
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd
Date: 30/07/2018 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
