THE FOSCHINI GROUP LIMITED - Results of annual general meeting

Release Date: 03/09/2018 17:00
Code(s): TFG TFGP
 
Wrap Text
Results of annual general meeting

The Foschini Group Ltd
Registration number 1937/009504/06
Share codes: TFG-TFGP
ISIN codes: ZAE000148466 – ZAE000148516

RESULTS OF ANNUAL GENERAL MEETING

At the annual general meeting of The Foschini Group Limited held today, 3
September 2018, all the ordinary and special resolutions were passed by the
requisite majority of votes, cast by way of poll in each case.

The company’s total number of ordinary shares in issue eligible to vote is
234,106,965 and the total number of shares represented in person or by proxy at
the meeting was 179,009,253 representing 76% of the eligible shares.

The voting for each resolution was as follows:

                   Votes for          Votes against     Votes abstained
Ordinary
resolution no.1:        100.00%             0.00%             0.21%
presentation of
annual financial      178,520,524             -              488,729
statements
Ordinary
resolution no.2:        95.89%              4.11%             1.32%
appointment of
external auditor      168,687,501         7,233,531         3,088,221

Ordinary
resolution no.3:        99.09%              0.91%             0.03%
re-election of
Boitumelo             177,310,672         1,623,922          74,659
Makgabo-
Fiskerstrand as
a director
Ordinary
resolution no.4:        99.06%              0.94%             0.03%
re-election of
Eddy Oblowitz as      177,261,539         1,673,055          74,659
a director
Ordinary
resolution no.5:        99.88%              0.12%             0.03%
re-election of
Graham Davin as       178,724,913          209,681           74,659
a director
Ordinary
resolution no.6:        72.46%              27.54%            0.82%
Election of Sam
Abrahams as           128,316,616         48,773,380        1,919,257
member of the
audit committee
Ordinary
resolution no.7:        99.54%              0.46%             0.03%
election of
Boitumelo             178,103,037          831,557           74,659
Makgabo-
Fiskerstand as a
member of the
audit committee
Ordinary
resolution no.8:        99.19%              0.81%             0.03%
election of Eddy
Oblowitz as a      177,481,696   1,452,898     74,659
member of the
audit committee
Ordinary
resolution no.9:     97.76%        2.24%        0.03%
election of
Nomahlubi          174,919,099   4,015,495     74,659
Simamane as a
member of the
audit committee
Ordinary
resolution           98.88%        1.12%        0.03%
no.10: election
of David           176,935,656   1,998,938     74,659
Friedland as a
member of the
audit committee
Ordinary
resolution           75.12%        24.88%       0.82%
no.11: election
of Fatima          133,029,989   44,060,007   1,919,257
Abrahams as a
member of the
audit committee
Ordinary
resolution           79.28%        20.72%       0.03%
no.12: non-
binding advisory   141,857,686   37,076,378    75,189
vote on
remuneration
policy
Ordinary
resolution           77.92%        22.08%       0.06%
no.13: non-
binding advisory   139,381,076   39,497,434    130,743
vote on
remuneration
implementation
report
Special
resolution no.       99.68%        0.32%        0.03%
1: non-executive
director           178,363,224    570,840      75,189
remuneration
Special
resolution no.       97.80%        2.20%        0.04%
2: general
authority to       174,976,184   3,943,835     89,234
acquire shares
Special
resolution no.       97.44%        2.56%        0.03%
3: financial
assistance         174,348,968   4,585,626     74,659
Ordinary
resolution           100.00%       0.00%        0.03%
no.14: general
authority          178,934,594       -         74,659

The percentage of shares voted is calculated in relation to the number of shares
represented at the annual general meeting, excluding shares abstained.

Cape Town
3 September 2018


SPONSOR: UBS South Africa (Pty) Limited

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