LONG4LIFE LIMITED - Results Of Annual General Meeting

Release Date: 27/08/2018 15:18
Code(s): L4L
 
Wrap Text
Results Of Annual General Meeting

LONG4LIFE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2016/216015/06)
Share code: L4L
ISIN: ZAE000243119
("Long4Life" or "the Company")


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that all of the ordinary and special resolutions proposed at the Annual General Meeting
(“AGM”) held today were passed by the requisite majority of shareholders present in person or represented by
proxy at the AGM.

Shareholders are further advised of the following amendment prior to the AGM:
- Special resolution number 3 “General authority to provide financial assistance” was amended to exclude “any
   person” and only be applicable to “one or more related or inter-related companies or corporations of the
   Company”.

The voting results were as follows:

 Resolution                              Number of         Number of             For       Against    Abstained
                                       shares voted   voted shares as    % of shares   % of shares   % of shares
                                                      a % of shares in      voted**       voted**      in issue*
                                                               issue*

 Ordinary resolution 1                 647 783 595            71,03%           100%            0%         1,81%
 Presentation of the Audited
 Consolidated Financial
 Statements

 Ordinary resolution 2.1               651 135 576            71,40%         99,67%         0,33%         1,45%
 Re-election of Mr SA Muller as
 director

 Ordinary resolution 2.2               651 135 576            71,40%         97,16%         2,84%         1,45%
 Re-election of Ms KR Moloko as
 director

 Ordinary resolution 3                 651 135 576            71,40%         99,89%         0,11%         1,45%
 Re-election of Mr GW Dempster
 as director

 Ordinary resolution 4                 651 135 576            71,40%         96,81%         3,19%         1,45%
 Re-appointment of Deloitte &
 Touche as external auditors

 Ordinary resolution 5.1               651 134 076            71,40%           100%            0%         1,45%
 Appointment of Ms T Abdool-
 Samad as Audit and Risk
 Committee member and
 Chairman

 Ordinary resolution 5.2               651 135 576            71,40%         97,18%         2,82%         1,45%
 Appointment of Ms KR Moloko
 as Audit and Risk Committee
 member

 Ordinary resolution 5.3               651 135 576            71,40%           100%            0%         1,45%
 Appointment of Mr LI Jacobs as
 Audit and Risk Committee
 member

 Ordinary resolution 6                651 135 576             71,04%         89,81%        10,19%         1,45%
 Advisory endorsement of the
 Group’s Remuneration Policy

 Ordinary resolution 7                651 135 576             71,04%         82,65%        17,35%         1,45%
 Advisory endorsement of the
 Group’s Remuneration
 Implementation Report

 Ordinary resolution 8                648 633 675             71,12%         93,56%         6,44%         1,72%
 General authority to issue
 shares for cash

 Ordinary resolution 9                613 128 675             67,23%         77,88%        22,12%         5,61%
 Approval of the Long4Life
 Forfeitable Share Plan

 Ordinary resolution 10               648 628 675             71,12%         89,88%        10,12%         1,72%
 Approval of amendments to the
 Long4Life Share Appreciation
 Rights Scheme

 Ordinary resolution 11               648 628 675             71,12%         92,57%         7,43%         1,72%
 Approval of amendments to the
 Long4Life Conditional Share
 Plan

 Special resolution 1                 651 135 576             71,40%         98,74%         1,26%         1,45%
 General authority to repurchase
 Company shares

 Special resolution 2                 645 244 982             70,75%         88,66%        11,34%         2,09%
 Non-executive directors’
 remuneration for services as
 directors

 Special resolution 3                 642 738 081             70,48%         93,67%         6,33%         2,37%
 General authority to provide
 financial assistance

 Ordinary resolution 12               651 130 576             71,40%           100%            0%         1,45%
 Director’s authority to
 implement ordinary and special
 resolutions

*Based on 911 978 057 shares in issue.
**In relation to the total number of shares voted at the AGM.


Johannesburg
27 August 2018

Sponsor
The Standard Bank of South Africa Limited

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