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Results of the Annual General Meeting
SPEAR REIT LIMITED
(Incorporated in the Republic of South
Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN: ZAE000228995
Approved as a REIT by the JSE
(“Spear” or “the Company”)
RESULTS OF THE ANNUAL GENERAL MEETING
Shareholders are hereby advised that at the annual general meeting of the Company held at
11:00 today, Friday, 10 August 2018 at DoubleTree by Hilton, 31 Brickfield Road, Upper East
side, Woodstock, Cape Town, (“AGM”), all of the resolutions were passed by the requisite
majorities of the Company’s shareholders.
Details of the results of the voting at the AGM are as follows:
Votes
Votes for against
resolution resolution
as a as a Number of Number of
percentage percentage shares shares
of total of total voted at abstained
number of number of Number of AGM as a as a
Resolutions shares shares shares percentage percentage
proposed at the voted at voted at voted at of shares in of shares in
AGM AGM AGM AGM issue issue
Ordinary resolution
number 1:
Retirement and re-
election of Mr JE
Allie as director 98,06% 0,98% 132,174,210 71,30% 0,68%
Ordinary resolution
number 2:
Retirement and re-
election of Mr N
Kjellström-Matseke
as director 99,02% 0,02% 132,174,210 71,30% 0,68%
Ordinary resolution
number 3:
To re-appoint Mr
JA Allie as member
of the audit and risk
committee 98,76% 0,28% 132,174,210 71,30% 0,68%
Ordinary resolution
number 4:
To re-appoint Mr
BL Goldberg as
member of the
audit and risk
committee 99,04% 0,00% 132,174,210 71,30% 0,68%
Ordinary resolution
number 5:
To Re-appoint Mr N
Kjellström-Matseke
as member of the
audit and risk
committee 99,02% 0,02% 132,174,210 71,30% 0,68%
Ordinary resolution
number 6:
To re-appoint BDO
Cape Inc. as the
auditor of the
company 98,94% 0,10% 132,174,210 71,30% 0,68%
Ordinary resolution
number 7:
Non-binding
advisory vote on
Spear’s
remuneration policy 96,50% 2,54% 132,174,210 71,30% 0,68%
Ordinary resolution
number 8:
Non-binding
advisory vote on
Spear’s
implementation
report 98,32% 0,72% 132,174,210 71,30% 0,68%
Ordinary resolution
number 9:
General authority to
issue ordinary
shares for cash 76,64% 22,40% 132,174,210 71,30% 0,68%
Special resolution
number 1:
Remuneration of
non-executive
directors 84,29% 14,75% 132,174,210 71,30% 0,68%
Special resolution
number 2:
Inter-company
financial assistance 99,04% 0,00% 132,174,210 71,30% 0,68%
Special resolution
number 3:
Financial
assistance for
acquisition of
shares in a related
or inter related
company 98,76% 0,28% 132,174,210 71,30% 0,68%
Special Resolution
number 4:
Share buy-back by
Spear and its
subsidiaries 95,26% 3,78% 132,174,210 71,30% 0,68%
Cape Town
10 August 2018
Sponsor
PSG Capital
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