PHUMELELA GAMING & LEISURE LIMITED - Report On Annual General Meeting Proceedings

Report On Annual General Meeting Proceedings

Phumelela Gaming &Leisure Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/016610/06)
Share code: PHM
ISIN: ZAE000039269
(“Phumelela” or “the Company”)


  REPORT ON ANNUAL GENERAL MEETING PROCEEDINGS

  Phumelela shareholders are advised that at the Annual General Meeting of members held on
  11 December 2018, all the ordinary and special resolutions as proposed in the Notice of
  Annual General Meeting were approved by the requisite majority of members. In this regard,
  Phumelela confirms the voting statistics from the Annual General Meeting as follows:

                                                                           %       Number
  Total number of shares that could be voted at meeting                    100%    102 500 558
  Total number of shares present/represented including proxies at          77%     78 760 420
  meeting (including shares abstained from voting)


                                      Votes in         %         Votes        %        Abstentions %
                                      favour                     against


  Ordinary resolution 1: To           78 639 391       100%      975          0%       120 054    0.12%
  receive and adopt the annual
  financial statement for the year
  ended 31 July 2018


 Ordinary resolution 2.1:            78 325 891       100%      975          0%       433 554    0.42%
 Appointment of Mr. S Muller as
 director of the Company


   Ordinary resolution 2.2:           78 325 891       100%      975          0%      433 554     0.42%
   Appointment of Mr. SA
   Mahlalela as director of the
   Company


  Ordinary resolution 2.3:           78 325 891       100%      975          0%       433 554    0.42%
  Appointment of Ms. FS
  Magubane as director of the
  Company


  Ordinary resolution 2.4:            70 044 610       97.09%    2 282 256    2.91%   433 54      0.42%
  Appointment of Mr. M Tembe
  as director of the Company


  Ordinary resolution 3: Re-         72 203 250        92.18%    6 123 616    7.82%    433 554    0.42%
  election of the following
  Director: Mr.B Kantor


 Ordinary resolution 4: Re-           77 755 149   99.27%     571 717     0.73%     433 554   0.42%
 election of the following
 Director: Mr. KC Khampepe


 Ordinary resolution 5.1: To elect    78 325 891   100 %      975         0%       433 554    0.42%
 the following Risk and Audit
 committee member: Mr. S Muller


 Ordinary resolution 5.2: To elect    77 630 632   91.11 %    696 234     0.89%     433 544   0.42%
 the following Risk and Audit
 committee member: Mr. JB
 Walters

 Ordinary resolution 5.3: To elect   78 325 891    100%       975         0%        433 554   0.42%
 the following Risk and Audit
 committee member: Mr. SA
 Mahlalela

 Ordinary resolution 5.4: To elect    77 507 239   98.95%     819 627     1.05%     433 554   0.42%
 the following Risk and Audit
 committee member- Ms. NJ
 Mboweni


 Ordinary resolution 5.5:            78 202 498    99.84%     124 368     0.16%     433 554   0.42%
 To elect the following Risk
 and Audit committee
 member- Ms. FS
 Magubane


 Ordinary resolution 6:               74 548 665   94.80%     4 091 701   5.20%     120 054   0.12%
 Reappointment of KPMG Inc. as
 independent auditors for the
 ensuing year


Ordinary resolution 7: Placement of 68 974 197     87.71%    9 666 169    12.29%    120 054   0.12%
shares under the control of the
directors


Ordinary resolution 8: General       62 446 864    79.41%    16 193 502 20.59%      120 054   0.12%
authority to issue shares for cash


Ordinary resolution 9: To endorse    75 663 975    96.22%    2 976 391    3.78%     120 054   0.12%
non-binding advisory vote on
Remuneration Policy


 Ordinary resolution 10: To endorse 75 663 975    96.22%   2 976 391    3.78%   120 054    0.12%
 non-binding advisory vote on
 Remuneration implementation
 report


 Ordinary resolution 11: Approval of 75 541 235   96.06%   3 098 302    3.94%   120 883    0.12%
 CEO and FD Share Option Scheme


 Ordinary resolution 12: Approval of 75 541 235   96.06%   3 098 302    3.94%   120 883    0.12%
 the directors to act in terms of
 Resolution 11

  Special resolution 1: To approve   78 598 913   99.95%    41 453      0.05%    120 054   0.12%
  the non-executive directors'
  remuneration for the ensuing
  year


  Special resolution 2: To enable    73 189 015   93.07%    5 451 351   6.93%    120 054   0.12%
  the provision of financial
  assistance to related or
  interrelated companies or
  corporations or directors and
  prescribed officers


  Special resolution 3: A general    78 392 963   99.69%    247 403     0.31%    120 054   0.12%
  approval for the Company to
  acquire Phumelela Gaming and
  Leisure Limited Shares




Johannesburg
11 December 2018

Sponsor
Investec Bank Limited

Date: 11/12/2018 03:45:00 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.