OCEANA GROUP LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

OCEANA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1939/001730/06)
JSE share code: OCE
NSX share code: OCG
ISIN: ZAE000025284
(Oceana)


RESULTS OF ANNUAL GENERAL MEETING

Shareholders of Oceana (Shareholders) are advised that the voting results for the
Annual General Meeting (AGM) of Oceana held at 14h30 today were as follows:


 Resolu-       Resolution       Number of    Percentage    For**    Against**   Abstained*%
   tion                           shares      of shares
                                                             %             %
                                   voted      in issue*
  Number
                                                  %
 1.1       Ordinary
                               118 604 290   87.51%       89.43%    10.57%      0.02%
           Resolution

           Election of NV
           Simamane as
           director
 1.2       Ordinary
                               118 604 290   87.51%       87.41%    12.59%      0.02%
           Resolution

           Election of PG de
           Beyer as director
 1.3       Ordinary
                               118 604 290   87.51%       81.27%    18.73%      0.02%
           Resolution

           Election of S
           Pather as
           director
 1.4       Ordinary
                               118 604 290   87.51%       90.73%    9.27%       0.02%
           resolution

           Election of L
           Sennelo as
           director
 1.5       Ordinary
                               118 604 290   87.51%       92.5%     7.5%        0.02%
           resolution

           Election of N
           Pangarker as
           director
 1.6       Ordinary
                               118 604 283   87.51%       100%      0%          0.02%
           resolution

           Election of A
           Jakoet as
           director
 1.7       Ordinary
                               Withdrawn     Withdrawn    Withdra   Withdrawn   Withdrawn
           resolution
                                                          wn
           Election of E
           Bosch as director

2     Ordinary
                          118 604 079   87.51%   69.41%   30.59%   0.02%
      Resolution

      To re-appoint
      Deloitte & Touche
      as auditor

3.1   Ordinary
                          118 604 283   87.51%   94.39%   5.61%    0.02%
      Resolution

      Election of Z
      Bassa as a member
      of the Audit
      Committee

3.2   Ordinary
                          118 604 290   87.51%   85.88%   14.12%   0.02%
      resolution

      Election of Peter
      de Beyer as a
      member of the
      Audit committee

3.3   Ordinary
                          118 604 290   87.51%   75.87%   24.13%   0.02%
      resolution

      Election of S
      Pather as
      a member of the
      Audit committee.

3.4   Ordinary
                          118 604 290   87.51%   100%     0%       0.02%
      resolution

      Election of A
      Jakoet as a
      member of the
      Audit Committee
      of the Company,
      subject to him
      being elected as
      a director of the
      Company

4     Non-binding
                          117 485 449   86.69%   79.12%   20.88%   0.84%
      advisory vote

      Approval of the
      remuneration
      policy

5     Non-binding
                          117 485 402   86.69%   85.32%   14.68%   0.84%
      advisory vote

      Approval of the
      implementation
      report

6     Special
                          118 603 980   87.51%   89%      11%      0.02%
      resolution

      Financial
      assistance to
      related or inter-
      related companies
      and others

7     Special
                          118 605 029   87.51%   82.51%   17.49%   0.02%
      Resolution
              Financial
              assistance for
              the acquisition
              of shares in the
              Company
 
8            Special
                                  118 604 311   87.51%          99.97%         0.03%          0.02%
              resolution

              Remuneration of
              non-executive
              directors

 9            Special
                                  118 577 478   87.49%          95.87%         4.13%          0.04%
              resolution

              General authority
              to
              acquire the
              Company’s shares
 
10           Ordinary
                                  118 604 283   87.51%          100%           0%             0.02%
              resolution

              Authorisation of
              directors
              and company
              secretary
 *Based on 135 526 154 ordinary shares in issue at the date of the AGM.
 **In relation to the total number of shares voted at the AGM.

Based on the above results, all resolutions were passed by the requisite majority of
Shareholders present in person or represented by proxy.


03 March 2020
Cape Town

Sponsor   -   South   Africa:         The   Standard     Bank   of     South        Africa   Limited

Sponsor   Namibia:        Old Mutual Investment Services (Namibia) Proprietary Limited

Date: 03-03-2020 05:21:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.