AFRICAN DAWN CAPITAL LIMITED - Results Of The Annual General Meeting

Results Of The Annual General Meeting

AFRICAN DAWN CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/020520/06)
Share code: ADW
ISIN Code: ZAE000223194
(“African Dawn” or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of the Company held at
10:00 am today, Wednesday, 7 August 2019 at the BDO Cape Town office, 6th Floor, 119 –
123 Hertzog Boulevard, Foreshore, Cape Town (“AGM”), all of the resolutions were passed
by the requisite majorities of the Company’s shareholders.

Details of the results of the voting at the 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    100.00%      0.00%         36 296 884    71.29%         0.00%
number 1:
To appoint Mr J
Slabbert as director

Ordinary resolution    100.00%      0.00%         36 296 884    71.29%         0.00%
number 2:
To re-elect Ms H
Hickey as an
independent
non-executive
director

Ordinary resolution    100.00%      0.00%         36 296 884    71.29%         0.00%
number 3:
To re-appoint Ms H
Hickey as a
member of the
audit and risk
committee

Ordinary resolution    100.00%      0.00%         36 296 884    71.29%         0.00%
number 4:
To re-appoint Ms V
Lessing as a
member of the
audit and risk
committee

Ordinary resolution    100.00%      0.00%         36 296 884    71.29%         0.00%
number 5:
To re-appoint Mr S
Roper as a
member of the
audit and risk
committee

Ordinary resolution    100.00%      0.00%         36 296 884    71.29%         0.00%
number 6:
To appoint Mazars
as the auditor

Ordinary resolution    100.00%      0.00%         36 296 884    71.29%         0.00%
number 7:
Non-binding
endorsement of
African Dawn’s
remuneration policy

Ordinary resolution     88.95%     11.05%         36 296 884    71.29%         0.00%
number 8:
General authority to
issue ordinary
shares for cash

Special resolution     100.00%      0.00%         36 296 884    71.29%         0.00%
number 1: 
Approval of the
non-executive
directors’
remuneration

Special resolution     100.00%      0.00%         36 296 884    71.29%         0.00%
number 2:
Share repurchases
by the Company
and its subsidiaries

Special resolution     100.00%      0.00%         36 296 884    71.29%         0.00%
number 3:
Inter-company
financial assistance

Special resolution      88.95%     11.05%         36 296 884    71.29%         0.00%
number 4:
Financial
assistance for the
acquisition of
shares in the
Company or a
related or
inter-related
company

Note:
Total number of shares in issue as at the date of the AGM was 50 917 533.

Johannesburg
7 August 2019

Designated Adviser
PSG Capital

Date: 07/08/2019 01:15:00
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