HUGE GROUP LIMITED - Results of the Annual General Meeting

Release Date: 30/08/2018 15:09
Code(s): HUG
 
Wrap Text
Results of the Annual General Meeting

HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG ISIN: ZAE000102042
(“Huge” or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are advised that at the Annual General Meeting of Huge shareholders held today,
30 August 2018, all the ordinary and special resolutions proposed thereat, were approved by the requisite
majority of votes. The voting results are set out hereunder:

  Resolutions:                                 Shares voted          Abstained    Votes For   Votes against
 
                                            Number            %(1)        %(1)        %(2)            %(2)
  
  Ordinary resolution number 1            99 226 867        56.51%       5.67%     100.00%                -

  Re-appointment of BDO South
  Africa Incorporated as auditor

  Ordinary resolution number 2.1         109 171 532       62.17%            -     100.00%                -

  Ratification of the appointment of
  CWJ Lyons as an independent non-
  executive director on 3 July 2017

  Ordinary resolution number 2.2         109 171 532       62.17%            -     100.00%                -

  Ratification of the appointment of
  BC Armstrong as an independent
  non-executive director on 1
  September 2017

  Ordinary resolution number 3.1         109 171 532       62.17%            -     100.00%                -

  Re-election of CWJ Lyons as an
  independent non-executive director

  Ordinary resolution number 3.2         109 171 532       62.17%            -     100.00%                -

  Re-election of BC Armstrong as an
  independent non-executive director

  Ordinary resolution number 3.3         109 171 532       62.17%            -     100.00%                -

  Re-election of DF da Silva as a non-
  executive director

  Ordinary resolution number 4.1         109 171 532       62.17%            -     100.00%                -

  Appointment of DR Gammie as a
  member and the Chairman of the
  Audit Committee

  Ordinary resolution number 4.2         109 171 532       62.17%            -      96.38%            3.62%

  Appointment of SP Tredoux as a
  member of the Audit Committee

  Ordinary resolution number 4.3         109 171 532       62.17%            -     100.00%                -
  
  Appointment of CWJ Lyons as a
  member of the Audit Committee

  Ordinary resolution number 5           109 171 532      62.17%             -      83.35%           16.65%

  General authority to issue shares for
  cash

  Non-binding advisory vote –
  endorsement of the:
  1. Remuneration policy                 109 171 532      62.17%            -       96.38%           3.62%
  2. Implementation report               109 171 532      62.17%            -      100.00%              -

  Special resolution number 1            109 171 532      62,17%            -      100.00%              -

  Approval of the non-executive
  directors’ remuneration

  Special resolution number 2            109 171 532      62.17%            -      100.00%              -

  General authority to grant financial
  assistance in terms of section 45 of
  Act

  Special resolution number 3            109 171 532      62.17%            -       96.35%            3.65%

  General authority to repurchase
  securities

  Special resolution number 4            109 171 532      62.17%            -      100.00%                -

  Approval of the amendments to the
  Memorandum of Incorporation

Notes:
1. As a percentage of total ordinary shares in issue.
2. As a percentage of shares voted.
3. The Company’s total issued share capital is 175 602 077 ordinary shares.

Johannesburg
30 August 2018

Sponsor
Questco Corporate Advisory (Pty) Ltd

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