NIVEUS INVESTMENTS LIMITED - Results Of The General Meeting

Results Of The General Meeting

Niveus Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1996/005744/06)
Share code: NIV
ISIN: ZAE000169553
(“Niveus” or the “Company”)

RESULTS OF THE GENERAL MEETING

Shareholders are hereby advised that at the general meeting of the Company
held at 10:00 today, 18 January 2018, at La Concorde, 57 Main Street, Paarl
(“General Meeting”), all of the resolutions proposed were passed by the
requisite majority of Niveus shareholders.

Details of the results of voting at the General Meeting are as follows:

                   Votes for          Votes   Number of     Number of    Number of
                  resolution        against      shares        shares       shares
                        as a     resolution    voted at      voted at    abstained
                  percentage           as a     General       General         as a
                    of total     percentage     Meeting    Meeting as   percentage
                   number of       of total                         a    of shares
                      shares      number of                percentage     in issue
Resolutions         voted at         shares                 of shares
proposed at          General       voted at                  in issue
the General          Meeting        General
Meeting                             Meeting

Ordinary              92.82%          7.18%  33 276 615      27.93%        0.00%
Resolution
Number 1:
Approval of
the GABS
Acquisition

Ordinary              92.82%         7.18%   33 276 615      27.93%        0.00%
Resolution
Number 2:
Directors’
authority

As indicated above, the GABS Acquisition, as defined and detailed in the
Company’s circular to shareholders dated 18 December 2017 (“Circular”), has
been approved by shareholders. It is anticipated that the remaining
conditions precedent to the GABS Acquisition will be fulfilled by no later
than 30 January 2018, with the result that the GABS Acquisition will be
implemented on 1 February 2018, in accordance with the salient dates and
times section of the Circular.

Cape Town
18 January 2018

Corporate advisor and sponsor
PSG Capital

Date: 18/01/2018 03:30:00 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.