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STELLAR CAPITAL PARTNERS LIMITED - Report on proceedings at the annual general meeting

Release Date: 27/11/2018 14:30
Code(s): SCP     PDF:  
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Report on proceedings at the annual general meeting

STELLAR CAPITAL PARTNERS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/015580/06)
Share code: SCP     ISIN: ZAE000198586
("Stellar Capital" or “the Company")

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

The Company is pleased to advise shareholders that all the resolutions contained in the notice of annual
general meeting (“AGM” or “the meeting”) were passed by the required majority of votes by shareholders
present or represented by proxy at the AGM held at 09h30 today at Stellar Capital’s registered offices
situated at The Terraces, 25 Protea Road, Claremont, Cape Town.

Resolutions                        Votes cast           Number of         Shares           Shares
                                   disclosed as a       shares voted      voted            abstained            
                                   percentage in                          disclosed        disclosed as a                  
                                   relation to the                        as a             percentage in
                                   total number of                        percentage       relation to                    
                                   shares voted at                        in               the total
                                   the meeting                            relation         issued share           
                                                                          to the           capital*
                                                                          total
                                   For      Against                       issued
                                                                          share
                                                                          capital*      
                                                                                                                                                                                                   
Ordinary resolution number 1
Adoption of annual financial      
statements                         99.99%      0.01%    743,773,816       69.19%            0.19%
Ordinary resolution number 2
Director ratification              
(PJ Bishop)                        99.98%      0.02%    743,773,816       69.19%            0.19%
Ordinary resolution number 3                                   
Director re-election
(DD Tabata)                        99.98%      0.02%    743,773,816       69.19%            0.19%
Ordinary resolution number 4
Director re-election(CJ Roodt)     99.97%      0.03%    743,780,416       69.19%            0.19%
Ordinary resolution number 5
Director re-election (MVZ          
Wentzel)                           95.93%      4.07%    743,780,416       69.19%            0.19%
Ordinary resolution number 6 
Appointment and remuneration of    
Auditors                           99.98%      0.02%    743,779,816       69.19%            0.19%
Ordinary resolution number 7
Appointment of Audit and Risk      
Committee member – L Potgieter     99.98%      0.02%    743,780,416       69.19%            0.19%
Ordinary resolution number 8
Appointment of Audit and Risk      
Committee member – CJ Roodt        99.97%      0.03%    743,780,416       69.19%            0.19%
Ordinary resolution number 9
Appointment of Audit and Risk      
Committee member – MVZ Wentzel     95.93%      4.07%    743,780,416       69.19%            0.19%
Ordinary resolution number 10
Appointment of Social and                                   
Ethics Committee member – MM
Ngoasheng                          99.97%      0.03%    743,844,816       69.19%            0.19%
Ordinary resolution number 11
Appointment of Social and                                   
Ethics Committee member – DD
Tabata                             99.97%      0.03%    743,838,816       69.19%            0.19%
Ordinary resolution number 12
Appointment of Social and                                   
Ethics Committee member – MVZ
Wentzel                            95.93%      4.07%    743,773,816       69.19%            0.19%
Ordinary resolution number 13
General authority to issue         
shares                             82.93%      17.07%   743,773,816       69.19%            0.19%
Ordinary resolution number 14                                   
Approval of the remuneration
policy                             99.96%      0.04%    722,972,103       67.25%            2.13%
Ordinary resolution number 15
Approval of the remuneration       
implementation report              99.97%      0.03%    723,014,103       67.26%            2.13%
Ordinary resolution number 16                                   
Renewal of Management Agreement    95.92%      4.08%    741,258,409       68.95%            0.43%
Ordinary resolution number 17
Authorising resolution             99.98%      0.02%    743,773,816       69.19%            0.19%

Special resolution number 1
General authority to repurchase    
shares                             99.98%      0.02%    744,086,416       69.22%            0.16%
Special resolution number 2
Non-executive directors’           
remuneration                       99.97%      0.03%    722,971,816       67.25%            2.13%
Special resolution number 3
General authority to provide       
financial assistance               99.97%      0.03%    723,030,416       67.26%            2.12%
Special resolution number 4
General authority to provide
financial assistance for the 
subscription of securities         86.95%      13.05%   743,780,416       69.19%            0.19%

*Total issued share capital is 1 075 031 756.

The special resolutions will, where necessary, be lodged for registration with the Companies and
Intellectual Property Commission in due course.

Cape Town
27 November 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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