GOODERSON LEISURE CORPORATION LIMITED - Results of Scheme Meeting and Cautionary Announcement

Results of Scheme Meeting and Cautionary Announcement

GOODERSON LEISURE CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1972/004241/06)
(Share Code: GDN ISIN Code: ZAE000084984)
(“Gooderson” or “the company”)

RESULTS OF SCHEME MEETING AND CAUTIONARY ANNOUNCEMENT

Shareholders are advised that the results of the Gooderson scheme meeting held today, all
the resolutions, as set out in the notice of scheme meeting included in the circular to
shareholders dated 23 November 2016, were passed by the requisite majorities of
shareholders.

The number of shares voted in person or by proxy was 10 097 145 representing 8.07% of the
total issued share capital of Gooderson and 47.6% of the remaining shares eligible to vote.
Note that the Gooderson family (as defined in the circular) was not entitled to vote.

The resolutions proposed at the meeting, together with the percentage of shares voted or
abstained as well as the percentage of votes carried for and against each resolution are
displayed below:


Special resolution:
Approval of the scheme

 SHARES VOTED                       10 097 145         100%
 SHARES ABSTAINED                       36 600
 VOTES FOR                           9 097 545       90.10%
 VOTES AGAINST                         963 000        9.54%


Ordinary Resolution:
Director’s authority

 SHARES VOTED                       10 097 145         100%
 SHARES ABSTAINED                        3 600
 VOTES FOR                           9 130 545       90.43%
 VOTES AGAINST                         963 000        9.54%

The special resolution was passed. Objections were however received in advance and there
were votes against by less than 5% of the remaining 21 208 584 issued shares of the company.
Consequently it cannot yet be determined whether the scheme was approved or not.

Shareholders are therefore advised to exercise caution when trading in the securities of the
company until a further announcement is made.
Durban
22 December 2016

Designated and corporate adviser
Exchange Sponsors

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