SPANJAARD LIMITED - Results of Annual General Meeting

Release Date: 17/08/2018 16:19
Code(s): SPA
 
Wrap Text
Results of Annual General Meeting

SPANJAARD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share Code: SPA       ISIN: ZAE000006938
(“the company”)


RESULTS OF ANNUAL GENERAL MEETING (“the AGM”)


Shareholders are advised that all the resolutions proposed at the AGM of the company held on
Friday, 17 August 2018 were passed by the requisite majorities of shareholders.

Details of the resolutions and the voting are contained in the table below. The issued share
capital of the company is 8 142 850 ordinary shares.

Resolution proposed                      Total         Number of       Number of     Number of
                                         number of     votes in        votes         abstentions:
                                         votes cast:   favour: (% of   against:      (% of issued
                                         number (%     total votes     (% of total   share
                                         of issued     cast)           votes         capital)
                                         share                         cast)
                                         capital)

Ordinary resolution number 1:            6 049 030     6 049 030       0             0
Approval of annual financial             (74.29%)      (100%)          (0%)          (0%)
statements

Ordinary resolution number 2:            6 049 030     6 049 030       0             0
Approval of directors’ remuneration      (74.29%)      (100%)          (0%)          (0%)

Ordinary resolution number 3:            6 049 030     6 049 030       0             0
Re-election of Mrs. S Hari as a non-     (74.29%)      (100%)          (0%)          (0%)
executive director

Ordinary resolution number 4:            6 049 030     5 978 036       70 994        0
Appointment and remuneration of          (74.29%)      (98.83%)        (0.87%)       (0%)
auditors

Ordinary resolution umber 5:             6 049 030     5 978 036       70 994        0
Placing authorised but unissued          (74.29%)      (98.83%)        (0.87%)       (0%)
share capital under the control of the
directors

Ordinary resolution number 6:
Appointment of members of the audit
committee

6.1 To appoint Mrs. S Hari as a          6 049 030     5 978 036       70 994        0
member and chairman of the audit         (74.29%)      (98.83%)        (0.87%)       (0%)
committee

6.2 To appoint Mr. BL Montgomery         6 049 030     5 978 036       70 994        0
as a member of the audit committee       (74.29%)      (98.83%)        (0.87%)       (0%)

6.3 To appoint Prof. DP van der Nest     6 049 030     6 049 030       0             0
as a member of the audit committee       (74.29%)      (98.83%)        (0%)          (0%)

7. To authorise any person               6 049 030     6 049 030       0             0
authorised by Levitt Kirson Business     (74.29%)      (100%)          (0%)          (0%)
Services to continue in office as
company secretary

8. To confirm in terms of section        6 049 030     6 049 030       0             0
75(5) of the Act that the directors      (74.29%)      (100%)          (0%)          (0%)
have no interests to declare in
contracts

9. To transact such other business       6 049 030     5 978 036       70 994        0
as may be transacted at an annual        (74.29%)      (98.83%)        (0.87%)       (0%)
general meeting


Non-binding advisory vote –              6 049 030     6 049 030       0             0
remuneration policy                      (74.29%)      (100%)          (0%)          (0%)

Special resolution number 1:             6 049 030     6 049 030       0             0
Financial assistance to related or       (74.29%)     (100%)           (0%)         (0%)
inter-related entities to the company

Special resolution number 2:             6 049 030     6 049 030       0             0
Financial assistance for the             (74.29%)      (100%)          (0%)          (0%)
subscription for or purchase of
securities by related or inter-related
entities to the company

Special resolution number 3:             6 049 030     6 049 030       0             0
Approval of the remuneration of non-     (74.29%)      (100%)          (0%)          (0%)
executive directors for services as
directors for the following year

Special resolution number 4              6 049 030     6 049 030       0             0
Approval of the actions of directors     (74.29%)      (100%)          (0%)          (0%)


By order of the board

Johannesburg
17 August 2018

Sponsor
Arbor Capital Sponsors Proprietary Limited

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