HOSKEN PASSENGER LOGISTICS AND RAIL LIMITED - Results of the Annual General Meeting

Results of the Annual General Meeting

HOSKEN PASSENGER LOGISTICS AND RAIL LIMITED
(Previously Niveus Invest 17 Proprietary Limited)
(Incorporated in the Republic of South Africa)
Registration number: 2015/250356/06
Share code: HPR
ISIN: ZAE000255907
(“HPLR” or the “Company”)


RESULTS OF THE ANNUAL GENERAL MEETING


Shareholders are hereby advised that at the annual general meeting of the Company held at
11:00 today, Monday, 22 October 2018 at the offices of Hosken Consolidated Investments,
Suite 801, 76 Regent Road, Sea Point (“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
                                               against
                                            resolution
                              Votes for            as a                   Number of
                          resolution as    percentage                         shares       Number of
                          a percentage         of total                      voted at         shares
                                of total    number of                      AGM as a     abstained as
 Resolutions                 number of         shares       Number of    percentage     a percentage
 proposed at the          shares voted        voted at    shares voted   of shares in    of shares in
 AGM                            at AGM           AGM           at AGM          issue           issue

Ordinary resolution
number 1:
Retirement and re-
election of directors:

 1.1 Mr Y Shaik                 99.98%          0.02%      245 586 221       84.68%             0.0%


 1.2 Mr TG Govender             99.98%          0.02%      245 586 221       84.68%             0.0%


 1.3 Mr FE Meyer                100.0%           0.0%      245 586 221       84.68%             0.0%


 1.4 Mr ML Wilkin               100.0%           0.0%      245 586 221       84.68%             0.0%


 1.5 Mr L Govender              100.0%           0.0%      245 586 221       84.68%             0.0%


 1.6 Ms NB Jappie               100.0%           0.0%      245 586 221       84.68%             0.0%


 1.7 Ms KF Mahloma              100.0%           0.0%      245 586 221       84.68%             0.0%


Ordinary resolution
number 2:                      100.0%             0%      245 586 221       84.68%              0.0%
Re-appointment of
external auditor:
BDO Cape
Incorporated

Ordinary resolution
number 3:
Re-appointment of
members of the Audit
and Risk Committee:
    
3.1 Mr L Govender               100.0%            0.0%    245 586 221       84.68%              0.0%

3.2 Ms NB Jappie                99.99%            0.01%   245 586 221       84.68%              0.0%

3.3 Ms KF Mahloma               99.99%            0.01%   245 586 221       84.68%              0.0%

Non-binding advisory
vote 1: Non-binding
advisory vote on the
Company’s
remuneration policy             99.59%            0.41%   245 586 221       84.68%              0.0%

Non-binding advisory
vote 2: Non-binding
advisory vote on the
Company’s
implementation
report on the
remuneration policy             100.0%            0.00%   245 582 429       84.68%             0.0%

Special resolution
number 1:
General authority to
issue ordinary
shares, options and
convertible securities
for cash                        96.29%            3.71%   245 586 221       84.68%             0.0%

Special resolution
number 2:
Approval of annual
fees to be paid to
non-executive
directors                       100.0%            0.0%    245 586 221       84.68%             0.0%

Special resolution
number 3:
General authority to
repurchase
Company shares                  99.78%            0.22%   245 586 221       84.45%             0.0%

Special resolution
number 4:
Shareholders’
general authorisation
of financial
assistance                      99.59%            0.41%   245 586 221       84.68%             0.0%

Ordinary resolution
number 4:                       100.0%            0.0%    245 586 221       84.68%             0.0%
Directors’ authority to
implement Company
resolutions

Note:
Total number of shares in issue as at the date of the AGM was 290 000 000.


Cape Town
22 October 2018

Sponsor
PSG Capital

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