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Results Of The Annual General Meeting
GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)
RESULTS OF THE ANNUAL GENERAL MEETING
Shareholders are hereby advised that the results of the voting at the annual general meeting
of the Company held in the Market Hall at GrandWest Casino, 1 Jakes Gerwel Drive,
Goodwood, Cape Town (“AGM”), are as follows:
Votes
Votes for against
resolution resolution
as a as a Number of Number of
percentage percentage shares shares
of total of total voted at abstained
number of number of Number of AGM as a as a
Resolutions shares shares shares percentage percentage
proposed at the voted at voted at voted at of shares in of shares in
AGM AGM AGM AGM issue issue
Ordinary resolution
number 1:
Appointment of Ms
P Moodley as
director Withdrawn Withdrawn Withdrawn Withdrawn Withdrawn
Ordinary resolution
number 2:
Re-election of Dr
NV Maharaj as
director 60.13% 39.87% 339,221,103 72.17% 3.22%
Ordinary resolution
number 3:
Re-election of Prof.
WD Geach as
director 58.28% 41.72% 339,236,719 72.17% 3.21%
Ordinary resolution
number 4:
Re-appointment of
Dr NV Maharaj as a
member of the
Audit and Risk
Committee 59.11% 40.89% 339,272,119 72.18% 3.62%
Ordinary resolution
number 5:
Re-appointment of
Prof W Geach as a
member of the 50.95% 49.05% 339,184,319 72.16% 13.22%
Audit and Risk
Committee
Ordinary resolution
number 6:
Appointment of Mr
R Hargey as a
member of the
Audit and Risk
Committee Withdrawn Withdrawn Withdrawn Withdrawn Withdrawn
Ordinary resolution
number 7:
Re-appointment of
EY as independent
auditor 87.41% 12.59% 339,279,955 72.18% 15.13%
Ordinary resolution
number 8:
Non-binding
advisory vote on
the Company’s
remuneration policy 39.44% 60.56% 339,207,578 72.18% 10.31%
Ordinary resolution
number 9:
Non-binding
advisory vote on
the implementation
of the Company’s
remuneration policy 37.14% 62.86% 339,071,034 72.14% 10.22%
Special resolution
number 1:
Remuneration of
non-executive
directors 72.59% 27.41% 339,302,711 72.19% 10.20%
Special resolution
number 2:
Inter-company
financial assistance 67.89% 32.11% 339,294,346 72.19% 10.15%
Special resolution
number 3:
Financial
assistance for
acquisition of
shares in a related
or inter-related
company 69.53% 30.47% 339,334,498 72.20% 10.15%
Special resolution
number 4:
Share buy-back by
the Company and
its subsidiaries 74.16% 25.84% 339,259,334 72.18% 10.06%
Note:
Total number of shares in issue as at the date of the AGM was 470,022,741.
Shareholders are further advised that, as ordinary resolution number 8, relating to the non-
binding advisory vote on the remuneration policy of the Company and ordinary resolution
number 9 relating to the non-binding advisory vote on the implementation of the remuneration
policy, were voted against by 25% or more of the votes exercised by the Company’s
shareholders present in person or represented by proxy at the AGM, an invitation will be
extended to such dissenting shareholders to engage with the Company. The manner and
timing of such engagement has not as yet been finalised and the Company will issue a further
announcement shortly setting out such details.
Cape Town
13 December 2018
Sponsor
PSG Capital
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